The Fourth Annual Conference of Islamic Economics & Islamic Finance 

Venue: Chestnut Conference Centre; The Armoury Room; Toronto University, Canada 

Date: Thursday, November, 1st, 2018

ECO-ENA: Economics & ECO-Engineering Associate, Inc., Canada

ISSN: 2292-0560 = The Annual Conference of Islamic Economics & Islamic Finance

ISBN: 978-1-988081-07-6  = The Fourth Annual Conference of Islamic Economics & Islamic Finance 

E-proceeding at Library & Archive Canada


Conference Type: Intellectual Symposium in a Meeting Room


Conference Reporting


Dear Conference Delegates: Thanks for making the conference successful :) 




Venue: Chestnut Conference Centre; The Armoury Room; Toronto University, Toronto, Canada

Organized by: ECO-ENA: Economics & ECO-Engineering Associate, Inc., Canada


8:30 am  - 9:00 am Registration & Refreshments

Program: From 8:30 a.m to 5:00 p.m

Duration/ Presentation: 30 - 40 Minutes 


Session 1

From 9:00 am to 1:00 pm



Presentation (1-1)

Rodney WilsonProfessor, Durham University, UK 

& International Centre for Education in Islamic Finance, Malaysia

"Risk management by Islamic banks" - Over-Skype-Presentation

Click Here for His Presentation >>>


Presentation (1-2)

Jamshid Karimov, School of Economics and Finance, Massey University, New Zealand 

Shari'ah Compliance Requirements and the Cost of Equity Capital”



Presentation (1-3)

Aminu Sikiru Olanrewaju, School of Management, Universiti Sains Malaysia, Malaysia 

“Expanding the Waqf Horizon Through Fintech: The Industry 4.0 Wave”



Presentation (1-4)

Benjamin GevaProfessor, Osgoode Hall Law School, York University, Canada

“Pledged Land’s Harvested Produce under the Talmud’Ivan 



Presentation (1-5)

Zahra Amirhosseini, Department of Financial Management, Islamic Azad University, Iran


“Effect of Financing on Liquidity Risk of the Bank in Iran” -




Presentation (1-6) 

A panel Session chaired by Varol Senel, Avk Law Firm, Turkey 

“Main Differences between the Conventional Finance and the Islamic Finance’




1:00 - 2:00 pm 

(Lunch Break - All delegates are invited)

Mediterranean Vegetable Break



Session 2

From 2:00 pm to 6:00 pm


Coffee, Tea, Refreshments will be presented at 3:30 pm during the discussions.



Presentation (1-7)

Mansour Khalili Araghi , Faculty of Economics; University of Tehran, Iran

"The Role of Islamic Financial Instruments in the Iranian Economy; a Theoretical and Experimental Approach"




Presentation (1-8)

Coulibaly Massita, Institute National Polytechnique Felix Houphouet Boigny, Cote d'lvoire 





Presentation (1-9)

Raja Daouah, University of Cadi Ayyad, Morocco &  University of Basel, Switzerland

How do Small and Medium Enterprises react to the introduction of Islamic Finance in Morocco?”



Presentation (1-10)

Ninik Sri Rahayu, Department of Oriental Studies, Faculty of Arts and Humanities, University of Cologne, Germany

“The Dynamic Approach of Baitul Maal Wat Tamwil (BMT) in Empowering Women: Evidence from Indonesia”  




Presentation (1-11)

Zakir Hossain Shalim , Department of Dawah and Islamic Studies, Islamic Arabic University, Bangladesh


Islamic life insurance (Family Takaful) in Practice: A Study of Syarikat Takaful Malaysia Keluarga Berhad (STMKB)




Presentation (1-12)

Closing with Ghada G. Mohamed; the Conference Chair. 

"The Economic Management in the Cradle of Islam: Book Review"

Click Here for Her Presentation >>>



P.S. We missed those two presentations because of travel difficulties >>

Mugarura Tusiime, Financial Management, School of Accounting, Dongbei University of Finance and Economics, China 

“Are Islamic stocks subject to oil price risk exposure? The Case of U.S firms


Nirmala Moktan Gurung & Ranjit Pakhrin, Pancha Buddha Sub-Remittance Company, Nepal 

“Linkages between Real Sector and Financial Sector in Nepal: A Vector Error Correction Model” 




Attendees >>

Could make it to the conference and significantly contributed in the discussions of the symposium:


- Anh Quan NguyenThailand


- Varol SenelTurkey (Resident in Canada)  


- Rita Parvin, Canada (Invited to attend) 



Couldn't make it to the conference because of travel difficulties: 


- Abulizi AbudurehemanKSA

- Amer OmerSudan

- Ola EltiganiSudan

- Elmoiz Ismail Mahmoud IsmailSudan

- Osama Mohamed Abdalla ElhassanSudan

- Mohammed Hassan Mohamed YoussifSudan

- Taj-Alsir Ahmed MohamedSudan

- Namirembe AgnesUganda


- Fatemeh FakhariIran

Ribenson BonhommeHaiti 

Elie Michee Kemgang NanaCameroon 

Ssemwogerere CharlesUganda

Nakato HaawaUganda

Abdulmalik SadiqGermany

Felix Maditka PanzuThe Democratic Republic of the Congo

Jadalhak AdamGhana 


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