“The 3 rd International Conference on Islamic Banking and Finance: Risk Management, Regulation and Supervision” Jakarta, Indonesia, 22-24 February 2010

The conference “3rd International Conference on Islamic Banking and Finance: Risk Management, Regulation and Supervision” was jointly organized by IRTI and Center of Islamic Economics and Business (PEBS) University of Indonesia and cohosted by Bank Indonesia. It started with a welcoming ceremony and dinner on 22nd of February. The ceremony was addressed by H. E. Sri Mulyani Indrawarti, then Minister of Finance, Republic of Indonesia (currently Executive Director at World Bank). In her speech the Finance Minister emphasized the need to bring about an efficient and stable Islamic financial system. She also emphasized the need for human capital development in Islamic finance in general and in the area of risk management in particular. The Deputy Governor of Bank Indonesia, The Dean of Faculty of Economics, University of Indonesia, and Manager Training on behalf of the Director General IRTI also spoke on the occasion. The main program of the conference took place on February 23 and 24, 2010 that comprised of two plenary sessions, and eight parallel sessions in which a total of 31 papers were discussed by authors from 10 countries (Indonesia, Bahrain, Iran, India, Jordan, Malaysia, Qatar, Saudi Arabia, UK and USA). A book of conference papers (more than 766 pages in total) was printed and also included in the conference kit that was distributed to the participants. The summary program of conference is given below. The conference was well participated by over 150 participants. At the end of the conference a conference communiqué was also issued that thanked the organizers and host country Indonesia and recommended future steps for policy makers and further research areas for the academia and finance community