International Conference on Banking and Finance

5th ICBF

School of Economics and Business Sarajevo, University of Sarajevo, Bosnia Herzegovina

July 17-19 2017


Universiti Utara Malaysia    

Call for Papers

The International Conference on Banking and Finance (ICBF) was first organized by Universiti Utara Malaysia (UUM) in 2000. ICBF serves as a great platform for academics and researchers to present and share the findings of their studies. In addition, it also provides an opportunity for academics and practitioners to discuss and exchange ideas pertaining to current research issues, best practices and practical experience gathered in all areas of finance and banking. For this 5th ICBF, the School of Economics, Finance and Banking of UUM is collaborating with the School of Economics and Business of the University of Sarajevo to hold the conference in Bosnia Herzegovina. A particular highlight is the holding of a workshop on Computable General Equilibrium models (CGE) for scholars and researchers.

Theme & Track

The theme of this conference, "Inclusion, Inequality, and Financial Stability - New Challenges" is suggested by the momentous changes, in both thought and practice, taking place in banking and finance. In this spirit, we invite papers on all the traditional areas listed below and also welcome novel analyses and solutions - whether it be on shadow banking, cross-border flows, negative interest rates, regional economic blocs, or the political choice of monetary systems.

The scope of the submitted papers includes, but is not limited to, the following topics:

  • Corporate Finance
  • Real Estate Finance
  • Islamic Finance and Banking
  • International Finance
  • Small Business and Entrepreneurial Finance
  • Public Finance
  • Microfinance
  • Behavioural Finance
  • Financial Economics
  • Accounting
  • Financial Markets
  • Financial Planning
  • Financial Services
  • Waqf
  • Corporate Governance
  • Risk Management and Insurance
  • Investment 
  • Bank Management
  • Wealth Management
  • Development Economics
  • Fintech

Important Dates

Abstract/Full paper submission 15 June 2017
Final Registration for inclusion in the Programme Book 30 June 2017
Conference dates 17-19 Jul 2017

Publication Opportunities

On the basis of recommendations provided by peer reviewers, selected papers may be published in selected indexed journal as below:

There is also a possibility of publishing selected papers in a book. This will be discussed in the conference, in a session to be announced later.

Excellent Paper Awards

ICBF is delighted to announce a competition for excellent paper/s. Entries will be judged on the quality of the paper, including the presentation. Only those who present full papers at the conference will be considered.

Paper submission and reviewing will be conducted through the OpenConf Peer Review and Conference Management System.

Authors are required to upload and submit their papers online.


Venue, Travel & Accomodation

School of Economics and Business Sarajevo, Universiti of Sarajevo
Trg oslobodjenja - Alija Izetbegovic 1, Sarajevo 71000
Bosnia Herzegovina

Flights from Malaysia are available via Istanbul with estimated cost of RM3500. You may call us for travel advice.

Participants from airport to the down town can take a bus that costs € 2.5. Attached to you is a picture and a picture of the ride schedule. There is also a taxi service that costs around 20 € to the down town. As for transportation to the Faculty building, from all the hotels you have mentioned it is possible to come on foot and there is no need for a special means of transport. And in the city work the tram and bus transportation depends where you want to go and the ticket is about 1 €​

Tentative Programme

Program at a Glance…

TIME 17 July 2017 18 July 2017
08.00 - 09.00 Registration Registration
09.00 - 09.45 Welcoming Speech
Professor Dr. Yusnidah Ibrahim
Conference Chair
Officiating Speech
Professor Dr. Rifat Skrijelj
Rector of UNSA
Concurrent Session C

Download Concurrent Sessions Schedule

09.45 - 10.30 Keynote Address
Professor Emeritus Dr. Salim Rashid
CIMB-UUM Chair Professor
What is the 'invisible hand' and why does it matter to Muslims?
10.30 - 11.00 Coffee Break Coffee Break
11.00 - 12.30 Concurrent Session A Concurrent Session D AACSB Experience Sharing Session
12.30 - 14.00 Lunch Award Luncheon
14.00 - 15.30

Invited Speakers Sessions

Professor Kemal Kozarić
Dean of School of Economics and Business, UNSA
Banking in SEE vs Islamic Banking
Professor Dr. Obiyathulla Ismath Bacha
Professor of Finance, INCEIF
Why the World Needs the Risk Sharing Philosophy of Islamic Finance?
Professor Dr. Nur Adiana Hiau Abdullah
Professor of Finance,
School of Economics, Finance & Banking, UUM
Financial Distress among SMEs in Malaysia: An Early Warning Signal
Chairperson: Datuk Noripah Kamso
Visiting Fellow in Islamic Finance, Oxford Centre for Islamic Studies

Technical Workshop: Computable General Equilibrium Models (CGE)
15.30 - 16.00 Tea Break Tea Break 
16.00 - 17.20 Concurrent Session B Technical Workshop: Computable General Equilibrium Models (CGE)
17.30 - 19.30 Sarajevo City Tour*   

*Sarajevo City Tour is Free

19 JULY 2017 - Networking/Sarajevo - Mostar Day Tour**

Sarajevo – Mostar


2h 30 min (130 km)

Start from Sarajevo at 9 am
On the way stop at Konjic and visit Stara ćuprija
Optional: Visit underground bunker (10€/pax)
Blagaj sufi Tekke and spring of Buna river (2 € entrance fee)
Lunch can be aranged in Blagaj or on the way back in Jablanica Old town Mostar and Old bridge Počitelj Old Othoman Town Kravice waterfall (2€/entrance fee)
Back to Sarajevo afternoon about 9 pm

** Mostar Day Tour is optional for EUR 20 (inclusive of lunch).


Workshop On Computable General Equilibrium Models (CGE)

This workshop will provide a user friendly introduction to CGE’s or Computable General Equilibrium models. The aim is to provide a small, yet practical, example of what a CGE does, its potential and its limitations. It will be based entirely on Excel and this makes the procedures transparent. Participants will then be a position to separate questions of data, computation, statistics and economic policy in the use of CGE’s. Participants will be asked to bring their own laptops and given the Excel file which will run the CGE program. The initial talk will introduce the participants to a Social Accounting Matrix or SAM, and a practical example of the data issues involved in building a SAM. This will be followed by second talk which provides an example of a small scale CGE and the use of the CGE for policy questions will be illustrated. Participants will work along with the instructor, so this will be a hands-on workshop. Along the way, questions about functional forms and algorithms will be addressed.

Fees & Payment

Status Early Bird
(by 29-May-2017)
(by 30-Jun-2017)
(by 1-Jul-2017)
Author/presenter - first paper USD250 USD350 USD400
Author/presenter - additional paper USD100 USD150 USD200
Non-presenting co-author USD200 USD300 USD350
participant USD150 USD250 USD300
Student   USD100  
Student - poster   USD50  


Currency Exchange Rate, please refer to this LINK

Registration fees include symposium admission, conference kits, lunches, and refreshments. These fees do NOT include the accommodation and/or transportation.

Accompanying persons: The conference is not offering an accompanying person's registration fee. Anyone wishing to attend any part of the conference must register as a participant. At least one author of each accepted paper must register and pay the conference fees by 30th June 2017 in order for the paper to be included in the program book. Papers will be considered for publication in the Conference Proceedings if you pay at anytime BEFORE the conference.

Mode of Payment

  1. Browse
  2. Follow all required steps as instructed.
  3. In the box 'Payment For' choose 'other payment'
  4. In the next box for 'Description' : key in 'ICBF 2017'
  5. Please print and keep the notification of payment made as proof of payment. Scan and email the proof of payment as soon as possible or before 30 June 2017 to the secretariat at You also need to bring the original payment slip during the registration. You are required to show the proof of payment to the secretariat on the registration day of the symposium/ workshop. Failure to do so will result in your name being not listed as presenter/ participants.

Transfer should be made to the following account:

Account No.: 02093010000010
Please write a remark "REGISTRATION FEE FOR ICBF 2017"

Please forward a scanned copy of the Bank Transfer receipt to ICBF 2017 Secretariat at or by fax to +604 9286752 for us to verify the transaction. Please kindly write down the participant's name, paper ID (if you are a presenter), date and time of the transfer and country and city of origin.

Cancellation Policy

Conference registrants cancelling their registration on or before 15th May 2017 will receive a full refund of the conference registration fee, less a USD50 administrative fee. Please note: No refunds will be given after 15th May 2017. Requests for cancellation must be emailed to

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Contact Us:

Dr. Adilah Azhari
School of Economics, Finance and Banking,
Universiti Utara Malaysia,
06010 UUM Sintok,
Kedah Darul Aman.


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