12th ASEAN International Conference on Islamic Finance

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Conference Announcement

We are delighted to extend our heartfelt invitation to you for the 12th ASEAN International Conference on Islamic Finance 2024 (AICIF2024) with the theme Islamic Finance for Sustainable Peace and Development: Challenges and Opportunities. This esteemed event will convene at Luxe Hotel, Cagayan de Oro City, Philippines on 17, 18, and 19 November 2024, bringing together thought policymakers, industry leaders, scholars, practitioners, experts, academics, and students from around the world. This event is a platform for knowledge exchange, networking, and opportunity to build partnerships and collaborations that can lead to substantial contributions to Islamic Finance, sustainable development, and lasting peace.

The conference aims to explore the pivotal role of Islamic finance and banking in fostering sustainable development and lasting peace. With a focus on principles of equity, fairness, and ethical investment, Islamic finance offers innovative solutions to address contemporary economic challenges while promoting social welfare and stability.

Over the next three days, we will delve into the pivotal role of Islamic finance in fostering sustainable development and lasting peace, with a special focus on the unique challenges and opportunities in underdeveloped areas, lagging regions, and conflict-affected communities. As we will gather in Cagayan de Oro, a city known for its vibrant culture and economic potential, we aim to explore how Islamic financial principles can be harnessed to address key issues such as economic inclusion, social equity, and sustainable growth.

We are excited to embark on this journey with you, as we collectively strive to unlock the potential of Islamic finance to contribute to a more equitable and peaceful society. We look forward to the fruitful discussions and outcomes that will emerge from this conference.


Key Themes

Throughout our conference, we will examine key themes that underpin the role of Islamic finance in promoting sustainable development and peace:

Explore the Pivotal Role of Islamic Finance: We will delve into how Islamic finance principles can drive sustainable development initiatives, including green financing, microfinance, and socially responsible investment, to address pressing environmental and socio-economic issues.

Financial Inclusion: Recognizing the importance of inclusive growth, we will assess strategies to enhance access to financial services for marginalized communities through innovative Islamic banking solutions, thus fostering greater economic empowerment and social cohesion.

Peace and Stability: In a world grappling with conflict and instability, we will evaluate the contribution of Islamic finance in promoting economic stability, reducing inequality, and fostering peaceful coexistence, thereby addressing root causes of conflict, and supporting sustainable peacebuilding efforts.

Innovation and Challenges: Amidst rapid technological advancements and evolving regulatory landscapes, we will discuss the opportunities and challenges facing Islamic finance and banking, including the integration of Fintech, digitalization, and regulatory frameworks to ensure sustainable and, resilient financial systems.

Network and Share Research: Throughout the conference new findings and studies, innovative strategies, and novel ideas on Islamic Finance will be presented and shared with others to enhance knowledge adoption, dissemination, and application especially in pivoting Islamic Finance to bring sustainable development and lasting peace.

The conference also includes sub-themes that provide comprehensive scope highlighting both the challenges and opportunities in Islamic Finance that contributes to sustainable development and lasting peace.

⦁ Islamic Finance and Sustainable Development
⦁ Financing Peace Initiatives and Community Development
⦁ Role of Islamic Finance in Economic Development and U.N. Sustainable Development Goals
⦁ Digital Transactions, FINTECH, and Cyber Currencies
⦁ Financial Inclusion, Microfinance, Islamic Pawnshop, and Rural Financing
⦁ Islamic Finance Education and Gender Financial Empowerment
⦁ Innovations, Theories, and Practices in Islamic Finance
⦁ Islamic Accounting, Shariah Audit, and Governance
⦁ Sukuk, Islamic Development Financing, and Social Entrepreneurship
⦁ Financing Social Development, Rural Infrastructure, and Agriculture
⦁ Halal Industry, Products, Services and Halal Management
⦁ Islamic Finance Education, Skills Development, and Capacity Building
⦁ Green Economy, Global Islamic Finance, and Ethical Investment
⦁ Islamic Social Finance, Zakat, Sadaqah, and Waqf
⦁ The role of Islamic Finance in Inclusive Growth and Gender Equality


Call for Papers and Important Dates

We cordially invite researchers, scholars, practitioners, policymakers, industry experts, and students to submit abstracts and papers aligned with the conference theme and sub-themes. Selected submissions will be presented during the conference sessions.

Abstract Submission Deadline: 25 August 2024
Abstract Notification of Acceptance: 6 September 2024
Full Paper Submission Deadline: 6 October 2024
Paper Acceptance Notification: 20 October 2024
Camera Ready Paper Deadline: 27 October 2024
Conference Dates: 17, 18, and 19 November 2024

Conference Language

This conference accepts papers written in English, Arabic, and Bahasa Melayu.


Paper Submission Format

Formatting: A4 paper, single spacing, Times New Roman 11, margin top 0.89 inch/2.26 cm, left 0.71 inch/1.80 cm, bottom 0.39 inch/1 cm, right 0.74 inch/1.88 cm, 12 pages (maximum) including references.

Paper structure: Title, Authors Info, Abstract, Introduction, Literature Review, Data and Methodology (for paper using quantitative methods), Findings and Discussion, Conclusion and Recommendations, References (APA style).



Early bird registration will commence soon. Stay tuned for further details regarding registration fees and procedures.

Payment Details Image (Regular aicif2024)

Payment Details Image (Discounted aicif2024)


Contact Information

For inquiries and submission guidelines, please contact Mindanao State University at <icife@msumain.edu.ph> or Whatsapp <+639649250860>.

You can also visit our website at [https://www.msumain.edu.ph/aicif2024] for additional information and updates. Join us as we embark on an enlightening journey to explore the transformative potential of Islamic finance in nurturing sustainable peace and development worldwide. Your participation and contributions will undoubtedly enrich the discourse and propel us towards a brighter future.

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