The 12th International Islamic Monetary Economics and Finance Conference and Call for Papers (12th IIMEFC)

“Strengthening Islamic Economic and Financial Policies for Inclusive Growth, Innovation, and Industry Development”

Organized by: Bank Indonesia Institute
Jakarta, Indonesia, October 7, 2026

BACKGROUND

The 12th International Islamic Monetary Economics and Finance Conference (12th IIMEFC) and call for Papers is an annual event organized by the Journal of Islamic Monetary Economics and Finance (JIMF); a Scopus-indexed international journal published by Bank Indonesia Institute. This conference serves as a forum for researchers, academics, practitioners, and policymakers from various countries to discuss strategic issues, share research findings, exchange ideas, and advance knowledge in Islamic economics and finance. This year's conference theme is "Strengthening Islamic Economic and Financial Policies for Inclusive Growth, Innovation, and Industry Development.

Islamic economics and finance have evolved into an integral component of many national financial systems, contributing to financial inclusion, economic resilience, and sustainable development. Through instruments grounded in ethical principles, asset-backed financing, and social solidarity, the Islamic economic framework provides policy options that complement conventional economic and financial approaches.

Nevertheless, the policy environment has become increasingly complex. Structural changes in global trade, production, and value chain network, the need to strengthen domestic industry, and persistent development gaps require Islamic economic and financial policies to be more adaptive, coordinated, and impact-oriented. At the same time, innovation has emerged as a key driver of productivity and competitiveness, yet its benefits are not automatically inclusive.

In this regard, innovation should not be narrowly interpreted as digitalisation alone. While digital technologies can enhance efficiency and outreach, non-digital innovations such as improvements in institutional arrangements, regulatory frameworks, financing models, and policy coordination remain equally critical, particularly for supporting MSMEs, traditional industries, and underserved communities.

Strengthening Islamic economic and financial policies, therefore, calls for a holistic approach that integrates inclusion, innovation, and industry development. This includes optimising the role of Islamic banking and capital markets, enhancing the effectiveness of Islamic social finance, improving policy coordination across authorities, and ensuring that innovation contributes to real-sector development and broad-based welfare gains.

This call for papers is designed to facilitate evidence-based discussions and research on these issues, providing actionable insights for policymakers and advancing Islamic economics and finance as a driver of inclusive and sustainable growth. We welcome theoretical, empirical, and policy-oriented contributions that produce testable implications, pilot designs, stress‑test prototypes, governance blueprints, or improved measurement approaches, especially cross‑country comparative work and country-case evidence. Submissions that offer concrete pathways for central banks and policymakers to strengthen support for inclusive growth, foster innovation in its broadest sense, and promote industry development are particularly encouraged, as are contributions from authors based in emerging and developing economies.

OBJECTIVES

The 12th IIMEFC aims to:

  • Advance policy-relevant knowledge on how Islamic economic and financial policies can contribute to inclusive growth, structural transformation, and industry development.

  • Promote innovation in Islamic economics and finance by encouraging research that explores both digital transformation and non-digital institutional, regulatory, and governance innovations.

  • Evaluate the effectiveness and transmission mechanisms of Islamic financial and social-finance instruments in supporting the real sector, MSMEs, and underserved communities.

  • Contribute to the strengthening of policy coordination frameworks across monetary, financial, fiscal, and social-finance authorities within Islamic finance ecosystems.

  • Foster collaboration between academia and policymakers to translate research findings into practical policy design, implementation, and evaluation.

  • Generate high-quality, publishable research outputs with strong empirical, theoretical, and policy contributions suitable for JIMF (2026–2027).

SCOPE OF CALL FOR PAPERS

Sub Theme 1: Inclusive Growth

  • Policy frameworks for financial inclusion within Islamic finance systems.

  • Integration of Islamic social finance (zakat, waqf, sadaqah) with formal financial and fiscal policies.

  • MSME financing models, entrepreneurship development, and local economic empowerment.

  • Distributional impacts of Islamic financial policies and instruments.

Sub Theme 2: Innovation

  • Digital innovation: fintech, digital payments, platform-based intermediation, data analytics.

  • Non-digital innovation: institutional design, regulatory architecture, governance reform, and product structuring.

  • Adoption barriers, regulatory trade-offs, and risk implications of innovation.

  • Innovation and productivity linkages in Islamic financial ecosystems.

Sub Theme 3: Industry Development

  • The role of Islamic finance in industrial upgrading and structural transformation.

  • Financing value chains, manufacturing, and the halal industry.

  • Islamic capital market instruments for infrastructure, green projects, and industrial expansion.

  • Linkages between Islamic finance and real-sector productivity.

Sub Theme 4: Policy Coordination & Stability

  • Coordination between monetary, financial, fiscal, and social-finance policies.

  • Financial stability, systemic risk, and resilience in Islamic financial systems.

  • Stress testing, risk-sharing models, and crisis transmission channels.

  • Measurement frameworks, data gaps, and empirical evaluation of policy impact.

IMPORTANT DATES
Registration & Submission Open : April 27, 2026
Deadline for Submission of Final Papers : August 3, 2026
Acceptance Notification of Accepted Papers : September 11, 2026
International Conference & Parallel Sessions : October 7, 2026
REGISTRATION & SUBMISSION

Authors are recommended to follow the guidelines of the Journal on the JIMF website.

  • The abstract should contain a paragraph containing 150 – 250 words (in English) and no references.

  • For the article, 2 – 4 keywords are sufficient; JEL Classifications: 2 – 4.

  • Only full papers along with the abstracts, a maximum of 10,000 words, should be submitted and follow a scientific approach, which includes but is not limited to:

  • The article's title should be no more than 12 words: Introduction; Literature Review; Methodology; Results and Analysis; Conclusion and Recommendation; Acknowledgment (if any).

  • Format: Papers should be formatted according to the JIMF guidelines, available at [https://jimf-bi.org/index.php/JIMF/author-guidelines]

  • Review Process: All submissions will undergo a peer-review process to ensure academic rigor and relevance.

REGISTRATION & SUBMISSION

Registration Free Registration and submission must be done through:

[ ACCESS SUBMISSION SYSTEM ]

  • Participant/Presenter Registration and Paper Submission.

  • If you have not registered with ConfBay before, click on Register to create a ConfBay Account and follow the instructions given.

  • If you have registered with ConfBay at a previous conference, you may use the same ID and Password to access the system.

  • After logging in, you will be able to submit your paper through the Online Submission System.

  • Click on the "My Submission" menu and follow the instructions shown on the screen.

  • You will receive a notification email if your submission is successful.

AWARDS & REWARDS
  • Accepted Publication: Reward of Rp 5.000.000 (incl. tax).
  • Best Papers: Two papers selected for Rp 10.000.000 reward each.
  • Travel Allowance: Provided for selected authors (max Rp 10.000.000).

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flyer ICFP JIMF 2026