The Islamic Development Bank Institute (IsDBI) is inviting nominations for the IsDB Prize for Impactful Achievement in Islamic Economics for the year 1443H (2022). This year, the Prize focuses on the Knowledge Contribution category.
It aims to recognize, reward and encourage significant knowledge contributions in areas related to Islamic economics that have the potential to solve major development challenges of IsDB Member Countries.
Individuals and institutions can nominate other individuals and institutions for their contribution to the creation of new knowledge that has made or has the potential to make a substantial impact on economic development based on Islamic principles. The Prize comes with a US$ 50,000 award for the first-place winner, US$ 30,000 for second place, and US$ 20,000 for third place.
Winning knowledge contributions must be innovative, impactful, generalizable (cover several domains), and consistent with Islamic values. Additionally, the nominated contributions should be made within the previous seven years to incentivize the younger generation to contribute and encourage new developments.
Nominations can be submitted on the IsDB Prize Portal before 26 Rabi al-Thani 1443H (1st December 2021).
Each category will be awarded every other year alternating between the two categories for contributions made over the previous seven years.
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