Islamic Foundation conferred IDB Prize in Islamic Economics 1432H

The Islamic Foundation received the prestigious IDB Prize in Islamic Economics for 2011, in recognition of its work in the field.

By making this award, the IDB hoped to encourage more Muslim Institutions and scholars in the UK to devote their intellectual resources and work for the promotion of Islamic Economics and Islamic Banking and Finance.

The Prize consists of a cash award and a citation and will be presented in a special ceremony to be held in the headquarters of the IDB in Jeddah, Saudi Arabia towards the end of June 2011.