IsDB Prize for Impactful Achievement in Islamic Economics Now Accepting Nominations

The Islamic Development Bank Institute (IsDBI) has announced the opening of nominations for the prestigious IsDB Prize for Impactful Achievement in Islamic Economics. This annual award recognizes outstanding contributions to Islamic economics that promote socioeconomic development and financial inclusion.

The IsDB Prize, established in 2017, aims to honor individuals or institutions that have made significant impacts in the field through innovative research, policies, or practices. It serves as a platform to acknowledge and encourage advancements that align with the principles of Islamic finance and development.

Eligible nominees include scholars, researchers, policymakers, and organizations whose work has demonstrated a transformative effect on Islamic economic practices. The prize seeks to highlight efforts that address key issues such as poverty alleviation, sustainable development, and financial inclusion, reflecting the core values of Islamic economics.

The 2025 edition of the IsDB Prize will evaluate contributions based on their relevance, impact, and originality. Nominees must have made measurable advancements in their respective areas, showcasing how their work has facilitated positive change and development within Islamic economic systems. The prize is designed to foster further research and innovation by providing recognition and visibility to exemplary achievements.

The IsDBI has established a robust nomination process to ensure a fair and transparent evaluation. Candidates are assessed by an independent panel of experts in Islamic economics and finance, ensuring that the prize reflects the highest standards of excellence and relevance. The panel's decision will be based on detailed submissions that outline the nominee's contributions, methodologies, and outcomes.

The IsDB Prize is not only a mark of honor but also a catalyst for future advancements in Islamic economics. By recognizing impactful achievements, the prize encourages further exploration and application of Islamic economic principles in addressing contemporary global challenges.

The award underscores the IsDBI’s commitment to advancing Islamic economic knowledge and practice. It seeks to bridge gaps between theoretical research and practical implementation, promoting a more inclusive and equitable economic system. The prize also aims to enhance the visibility of Islamic economics on the global stage, showcasing its potential to contribute to broader economic and social development goals.

Nomination forms and detailed guidelines are available on the IsDBI's official website. Interested parties are encouraged to submit their nominations by the specified deadline to ensure their work is considered for this prestigious recognition.

The IsDB Prize for Impactful Achievement in Islamic Economics continues to be a beacon of excellence, celebrating significant contributions that align with the principles of Islamic finance and its potential to drive positive societal change. The 2025 award promises to highlight the most innovative and impactful efforts in the field, further advancing the development and application of Islamic economics globally.
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