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The Third Annual Conference of Islamic Economics & Islamic Finance


Venue: Toronto University: Chestnut Conference Center: Armoury Room

Toronto, Ontario, Canada

October, 29th, 2016

9:00 am to 6:00 pm

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

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

ISBN: 978-0-9869581-8-2 = The Third Annual Conference of Islamic Economics & Islamic Finance 


e-proceedings at Library & Archive Canada


Conference Type: Intellectual Symposium in a Meeting Room


Saturday October 29th, 2016


Conference Program





Dear Conference Delegates: Thanks for making the conference successful!


Click Here for the Conference Proceeding >>>



From 8:30 am to 6:00 pm


8:30 am

Registration and Reception








9:00 – 9:20 am

Opening by Ghada Mohamed; Conference Chair


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Presentations in orders


9:20 – 10:00 am

“Islamic Home Financing in Canada”

Sheila Htay, Humber College and York University, Toronto, Canada  - Presentation






10:00 – 10:40 am

“Keynote Speech on Islamic Banks”

Rodney Wilson, Durham University, UK & Sharjah University, UAE (Over Skype) - Presentation






10: 40 – 11:00 am

Open Discussions



11:00 – 11:40 am

Usage of Islamic Banking and Financial Services by United States Muslims

Brian A. Zinser, Northern Michigan University, USA - Presentation






11:40 – 12:20

Rate of Profit as a Price Benchmark in Islamic Banking to Create Financial Stability

Trisiladi Supriyanto, Ibnu Khaldun University, Indonesia - Presentation






12:20 – 12:50

“The Growth of Islamic Financial and Capital Markets”

Dean Peloso, York University, Toronto, Canada - Presentation






12:50 - 1:00 pm

Open Discussions



 1:00 – 2:00 pm

Mediterranean Vegetable Break



2:00 – 2:40

Designing and formulating action plan for development of corporate citizenship in producing units in Iran

Freyedon Ahmadi, Payame-Noor University, Iran - Presentation






2:40 – 3:20

“Concept of Property (Al-Mal) – Sharia V Common Law”

Washim Ahmed, BA, LLB/JD, LLM Barrister & Solicitor Law Office of Roger Rowe, Toronto, Canada - Presentation







 3:20 – 3:30

Open Discussions





3:30 – 4:00

Convergence between Islamic Venture Capital and Social Venture Capital - Couldn't make it on time

Akhbar Mohammed, York University, Toronto, Canada - Presentation




4:00 – 4:30


Takaful as a form of Ethical Insurance in Canada

Imran Noorani, York University, Toronto, Canada - Presentation







4:30– 5:00


The Need for Shari'ah Compliance Insurance Through Takaful”- Presented by Dr. Sheila Htay

Syed Ahmed Salman, International University, Malaysia - Presentation






5:00– 5:30

Islamic Products in the Canadian Market

Ahmad Popalyar
Zero Mortgage Canada, Toronto, Canada - Presentation




5:30– 6:00


Islamic Financial Management in the Cradle of Islam

Ghada G. Mohamed & Mohamed Gouda

Future University in Egypt & King Faisal University, KSA - Presentation - Presented by Dr. Ghada G. Mohamed






6:00: Closing


Coffee/ tea & Refreshments would be offered the whole day.



Other Contributors & Discussants:



Rami Albustami, Carleton University, Canada






Fouad Hijazi, Carleton University, Canada





Usman Mazhar, Bank Islami, Vaughaan, ON, Canada




Mahfuzul Alam Taifur, University of Malaysia, Malaysia- Couldn't make it on time

Muhammad Rashid, Abu Dhabi University, United Arab Emirates- Couldn't make it on time

Baqir Fateh, University of Arkansas, USA - Couldn't make it on time



The 4th Annual Conference of Islamic Economics & Islamic Finance will be held in Chestnut Conference Centre, Toronto University, Toronto, Canada on November 1st, 2018. 




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ECO-ENA, Inc.'s Islamic Economics & Islamic Finance Forum

Ottawa, Ontario, Canada