Saturday, June 7, 2014


Razali (left)  receiving the cash prize and proceedings book from a representative of University of Airlangga

Another joyous news for ISDEV. This time it comes from Surabaya Indonesia. Razali Othman a RISDEV (ISDEV Postgraduate Research Mode) student has done both ISDEV and USM proud. He received the honour of being the 2nd Runner-Up for best paper at the recently held International Conference on Islamic Economics and Civilization (ICIEC '14) held in Hotel Bumi Surabaya from 3 until 5 June 2014. For his endeavours in writing his winning paper entitled "The Philosophy of Fiat Money as an Instrument for Cash Waqf: An Expert Analysis" Razali was awarded cash prize and the Conference Proceedings Book of the ICIEC '14. 

ISDEV members with the organizing committee members and other participants

Razali is among the 16 presenters from ISDEV who participated at the ICIEC '14. The main organiser of the ICIEC '14 is the Islamic Economics Department, Faculty of Economics and Business, University of Airlangga. The delegation was headed by ISDEV Director, Professor Muhammad Syukri Salleh while the Head Coordinator for ISDEV delegates to Surabaya Indonesia is Dr. Shukri Mohd Hanapi.

Prof Syukri (right) presenting his paper on Overviewing the State of Islamic Economics for Islamic Civilization

On 4th June, 2014, the first day of ICIEC'14 saw Prof Syukri, as one of the four plenary speakers at the opening ceremony held at Hotel Bumi Surabaya. Prof. Syukri had to summarily present his paper due to short allocation of time afforded to him. His paper titled "Overviewing the State of Islamic Economics for Islamic Civilization" was well received as a number of participants took the chance to pose questions to him for a more detailed explanation on his call for a paradigm shift in assessing Islamic economics.

A group photo at the hotel lobby just moments before ISDEV members went for a short trip to find gifts and souvenirs for their loved ones. Seated to the right and left of Prof Syukri (centre) is Abid and Alif Nafila who were some of the undergraduate students of University of Airlangga assigned to chaperone ISDEV members in Surabaya.

The 21 strong entourage from ISDEV consisted of six ISDEV lecturers, ISDEV statistician Encik Aziz and 9 RISDEV students. The lecturers are Prof Syukri, Assoc. Prof Dr Abdul Fattah, Dr Zakaria, Dr Mohd. Zaini, Dr Shukri Hanapi and Dr. Nor Asmat while the RISDEV students are Razali, Ustaz Syakir, Ustaz Shahir, Ustaz Taha, Wan Nor Haniza, Murni, Azrin, Lenny and Shereeza.

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