The First International Conference On Islamic Behavioural Finance Effat University

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CALL FOR PAPERS

The First International Conference on Islamic
Behavioural Finance

Dates: 20-22 November 2014

BACKGROUND
Over the past few decades, the behavioural finance theory has largely contributed to the
understanding of various financial phenomena that were still puzzling under the standard
finance principles. These theoretical principles were further developed and empirically tested
resulting in a more sound conventional finance theory. Thus, the behavioural aspect imposed
itself as an indispensable component of the finance theory. The same principle applies to the
recently emerging Islamic financial system. In this context, though there have been
tremendous studies on Islamic finance and Islamic investment, there are very few studies that
have addressed specific topics within the behavioural finance framework.
Moreover, it is needless to say that currently, majority of the issues faced by Islamic
finance and its future is highly related to the behaviour of investors as well as the other
market players. Furthermore, the financial theory has long demonstrated that the investment
patterns always have long run impacts on the market movements. In this regards, behavioural
finance offers a comprehensive set of tools to identify these investment patterns and their
possible influence on the overall development of Islamic finance.
In line with the above progress, and to contribute to the development of Islamic
behavioural finance, the current conference is organised by Effat University, which marks the
inspiration of the University to become a regional leader in Islamic Finance education and
research. The conference will benefit the participants in the sense that it will offer a better
understanding of behavioural Islamic finance and the outstanding issues marking the current
practice of Islamic finance industry. The conference is also a great opportunity for
international networking, particularly with the expected international attendance from various
Islamic finance institutions. Furthermore, the conference will expose the participants to the
international community of Islamic finance experts.

The First International Conference On Islamic Behavioural Finance Effat University
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OBJECTIVES
To provide a better understanding of behavioural financial patterns in Islamic banking
and finance
To enrich the theory of Islamic behavioural finance
To highlight the great importance of behavioural finance in developing Islamic
finance industry and discipline
To address various issues currently faced by the Islamic finance industry
To acknowledge and highlight the financial needs to enhance research and
development in Islamic finance by generous contributors like the setting of the
Scientific Chair in Islamic Finance.


CONFERENCE THEMES
The main topics of the conference include, but not limited to:

Behavioural finance theory from an Islamic perspective
Investors behaviour during Muslim festivities
Conservatism bias in dual banking systems
Overconfidence effect in the Islamic investments
Overreaction/under-reaction and availability bias in Islamic investment
Disappointment aversion in Islamic finance investment
Herding behaviour in Islamic banking and finance
Islamic banking and finance awareness and the self-deception behaviour
Confirmation bias in Islamic finance investment
Culture diversity and Islamic finance investment
Islamic banking and finance and the uncertainty issues
Islamic securities window dressing
Current issues in Islamic banking and finance
Miscellaneous applications of behavioural finance in explaining investors behaviour
toward Islamic finance and banking instruments



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CONFERENCE LANGUAGES
English
Arabic


PUBLICATION OPPORTUNITY
It is expected that the conference proceedings will be published in one of the high quality
international ISI journals, and the best selected papers will be published subsequently in an
edited book, by an international publisher such as Wiley Finance. The conference output is
also expected to lay the ground on the future possible studies in advanced Islamic behavioural
finance. This area of research will be subsequently based on mixed methodologies and
advanced econometric methods.


PAPER SUBMISSION
Authors are invited to submit their full papers either in English or Arabic, in Word formats.
Submissions should be made to the following email address: icibhf@effatuniversity.edu.sa
Any submission after the 12
th
of September 2014 will not be considered. All the papers
submission are peer-reviewed and the decision notification is made latest by 5
th
of October
2014.
Both theoretical and empirical papers are considered by the conference. The authors
are required to use the following format:

Length: 10 to 15 pages, Font Times New Roman, size 12, 1.0 line spacing (single
space), A4 paper size, Margins: 1 inch or 2.5cm
Author(s) names, affiliation, correspondence address, and email address should be
provided in title page
An English abstract should be provided for the English papers, and Arabic and
English for the Arabic papers
Between three to six key words should be mentioned by the author(s)
Tables and figures should be placed in their appropriate location in the paper
References should follow APA format

The First International Conference On Islamic Behavioural Finance Effat University
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CONFERENCE VENUE
Jeddah, Saudi Arabia.


IMPORTANT DATES
Full paper submission: 12
th
September 2014
Notification of paper acceptance: 5
th
October 2014
Registration deadline: 6
th
November 2014
Conference dates: 20-22
st
November 2014


REGISTRATION FEES:
Presenter - Standard registration: $250
Presenter - Student registration: $200
Participant: $100


ORGANISER
The conference is organised by the Effat University in Saudi Arabia.


CONTACT INFORMATION

Effat University (SPECIFY OFFICE AND CORRESPODING ADDRESS)
P.O.BOX 34689
Jeddah 21478
Saudi Arabia
Tel: +966-12-6364300
Mobile: +966550519750
Fax: +966-12-6377447
Email: icibhf@effatuniversity.edu.sa