Muamalat as a Prescription to Global Economic Crisis


Bahasa Malaysia English Arabic Paper Format Abstracts List Reg. Form [Word] [PDF]

Organized by:

Syariah Department,

Faculty of Islamic Studies, UKM

in collaboration with

Islamic Economy and Finance Research Group (EKONIS), Faculty of Ekonomics and Business, UKM


Date & Venue:

20 & 21 OCTOBER 2009






Importance Dates:

Last Date to Abstract Submissions:

15. 06. 2009

Approval of Abstract:

30. 06. 2009

Submission of Complete Paper:

 31. 08. 2009


For More Information

The Secretariat

International Seminar on Muamalat, Islamic Economics and Finance 2009,

Faculty of Islamic Studies, University Kebangsaan Malaysia,

43600 UKM Bangi, Selangor,



Tel : +603-89215500

Fax : +603-89213153



Tel: +603-89215527 (Dr. Shofian Ahmad)

+603-89213522 (Izhar Ariff)

+603-89214678 (Dr.Hayatullah)

+603-89215500 (Office)


Submissions and Correspondence:

E-mail:, (Anwar), (Yazid).



The International Seminar on Muamalat, Islamic Economics and Finance 2009, is a pioneering effort by the Syariah Department, Faculty of  Islamic Studies, UKM to introduce the concept of muamalat in addressing the challenges of world economic globalization. The event is organized by the Syariah Department in collaboration with the Islamic Economics and Finance Research Group (EKONIS), Faculty of Economics and Business, UKM.


Objectives of the seminar are :

  • To discuss and to strengthen the concepts and principles of muamalat

  • To interpret the mechanisms of fiqh in deriving its hukm (verdict) for financial products

  • To identify the weaknesses in the current applications of Islamic financial products and their alternatives

  • To look for potential in sophisticated innovations of products that will be able to address the challenges of world economic globalization

Prensentation of Paperwork (Prensentation Schedule)

This seminar is expected to attract the Fuqaha’, economic experts and practitioners of Islamic financial systems, those who are directly involved in the theories and applications of muamalat, Islamic economics and finance, to produce articles focusing on fiqh muamalat and its applications in the Islamic economic and financial system. The discussion of each article can be focused only on theories or the applications or the combination of both theories and current applications


Registration and Fees      


Local Participants/Paper Presenters       = RM  500
Students                                                   = RM  300
Foreign Participants/Paper Presenters     = USD 200


Paperwork Subthemes

Papers may be written in Bahasa Melayu, English or Arabic. This seminar is open to anyone who is interested and the discussion is on topics related to muamalat, Islamic economics and finance as follows:


         Fiqh Muamalat and Economics Disciplines: Prospects and Challenges.

         The Mechanisms of Fiqh Muamalat and its Applications in the Economic and Financial System.

         Principles of Muamalat of Economic Activities: Rules and Regulations

         Methods of Establishing Laws for the Equity and Debt-based Financing

         The Necessity and Importance of Akad in the Payment of Equity and Debt-based Financing

         Forms and Types of Contract (Akad): Its Importance and Necessity for Islamic Financial Products.

         Uqud Muamalat (Muamalat Contracts) and its Application in Financing

         Uqud Tabarruat (Contract of Charity): Its Roles and Importance In the Distribution of Social Welfare

         Uqud al-Ishtirak (Contract of Partnership) in the Equity-based Financing: Prospects and Challenges

         The Importance of Akad as a Complement in  Financing and its Importance in Muamalat Transactions and Finance

         Current Judiciary Issues in The Banking and Takaful Industry

         The Role of Central Bank and the Securities Commission to Discipline and Monitor Financial Institutions

         Current Issues in International Financial Industries: Prospects and Challenges

         The Resilience of International Islamic Financial Products: Strengths and Weaknesses

         Malaysia as a Model of an International Islamic Financial Hub: Prospects and Challenges

         Economic and Financial Systems: Experiences of ASEAN Member Countries

         The Sophisticated Innovation of Islamic Financial Products: Prospects and Challenges

         The Superiority of Muamalat Theories in Strengthening the Islamic Economic and Financial System

Tentative Programme

20 October 2009 (Tuesday) 

08.00 - 08.45 am


08.45 - 09.00 am

Opening Ceremony

09.00 - 09.30 am

Welcoming Remarks and Keynotes Address

09.30 - 10.00 am

Opening Remarks

10.00 - 10.30 am


10.30 - 01.00 pm

Parallel Session 1

01.00 - 02.30 pm

Lunch Break and Zuhr Prayer

02.30 - 04.30 pm

Parallel Session 2

04.30   pm

Tea break and end of first day

21 October 2009 (Wednesday)

08.30 - 10.30 am

Parallel Session  3

10.30 - 11.00 am


11.00 - 01.00 pm

Parallel Session  4

01.00 - 02.30 pm

Lunch Break and Zuhr Prayer

02.30 - 04.00 pm


04.00 - 04.30 pm


04.30 - 05.00 pm

Closing Ceremony

05.00 - 05.10 pm

Tea break & End of Seminar



Accommodation is not provided by the organizer. However, below is a list of hotels near to the conference venue which you may book directly :


 Equatorial Hotel, Bangi +603-82102222
 Residence Hotel, UNITEN +603-89222088
 Putrajaya Marriott Hotel +603-89498888
 Puri Pujangga, UKM +603-89293361
 Prescott Metro Inn Hotel +603-87375555
 Oriental Crystal Hotel +603-87391888
 NIOSH +603-89265379




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