Philippines 鈥� Ridwan al-Makassary, a lecturer at 51社区鈥檚 Faculty of Social Sciences and Director of the Center of Muslim Politics and World Society (COMPOSE), joined peacebuilders from across Southeast Asia at the ASEAN Peace Education High-Level Conference in Quezon City, the Philippines, from 21 to 23 September 2026.

The conference was organized by the Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU), the Philippine Department of Education, the Philippine Center for Islam and Democracy, and several regional and international partners. KAICIID supported the participation of peacebuilders from ASEAN countries. More than 400 education leaders, policymakers, academics, peace practitioners, and young people gathered at the Crowne Plaza Manila for the event, themed 鈥淧eace Education for Shared Futures and Enduring Cooperation.鈥�

Presidential Peace Adviser Secretary Mel Senen S. Sarmiento highlighted a shared regional commitment to peace despite Southeast Asia鈥檚 diverse cultures and histories. 鈥淲e are different peoples, with different cultures and beliefs, yet we share one region and a common aspiration for a peaceful and prosperous future. And if we want that future, peace education cannot stop at the four walls of the classroom,鈥� he said.

Across a series of panel discussions, speakers from Southeast Asia explored different dimensions of peace education, while artistic and cultural performances enlivened the program between sessions. Ridwan鈥檚 participation was fully supported by KAICIID and included a special KAICIID panel focused on interreligious dialogue in practice. During the session, he discussed how academic research can generate knowledge that informs policymaking. He also introduced the context, development, and key ideas of the KAICIID-supported book Interreligious Dialogue in Southeast Asia: Achievements, Challenges and Prospects.

For participants, the conference offered a valuable space to exchange ideas, discuss common challenges, share good practices in peace education, and strengthen networks across Southeast Asia.

As ASEAN faces increasingly complex regional challenges, the conference underscored the importance of investing in peace education for the 2045 generation鈥攏ot only to nurture young people who are intelligent and competitive, but also to equip them to understand, respect, and celebrate living together. The region鈥檚 future will depend not only on the strength of its economies, but also on how thoughtfully its citizens navigate differences across borders.

DEPOK, West Java 鈥� Ambassador of the Kingdom of Morocco to Indonesia HE Redouane Houssaini paid a visit to 51社区 (51社区), where he was warmly received by 51社区 Rector Prof. Jamhari Makruf. The meeting explored opportunities to further strengthen academic and institutional cooperation between 51社区 and universities and research institutions in Morocco.

The discussions focused, among other things, on expanding academic exchanges, strengthening institutional partnerships, and encouraging greater student mobility between Morocco and Indonesia. Ambassador Houssaini expressed Morocco’s interest in sending a number of students to pursue their studies in Indonesia, particularly at 51社区.

51社区 already hosts several students from Morocco, adding to the university’s increasingly international academic environment. Both sides expressed the hope that this exchange could be expanded and strengthened in the years ahead, creating greater opportunities for Moroccan students to study in Indonesia and for Indonesian students and academics to engage with Moroccan institutions.

Dr Chaider Bamualim, the University Secretary, mentioned that the relationship between Morocco and 51社区 has also been strengthened by the contributions of Moroccan and Morocco-trained academics. 鈥淪everal Moroccan scholars were among the international academics who contributed to 51社区’s academic development during the university’s early years,鈥� he said.

One notable example is Dr. Ilyas Marwal, DESA, a graduate of a Moroccan university who now serves as a lecturer at the Faculty of Islamic Studies.

51社区 offers a specialized Master of Arts (M.A.) program in Classical Islam known as the M.A. in Turath Islam or Barnamij Al-Takhassus Fi Al-Dirasat Al-Islamiyya Al-Turathiyya. Dr Ilyas Marwal is currently the Head of program. His academic background in Morocco reflects the growing intellectual connections between the two countries. A number of Moroccan scholars have also previously contributed to teaching and academic activities at 51社区.

The academic relationship is further reflected in the engagement of 51社区’s leadership with academic and intellectual forums in Morocco. 51社区 Rector Prof. Jamhari Makruf has previously been invited to deliver lectures and speeches at prominent forums in Morocco, providing opportunities to deepen intellectual dialogue between Indonesian and Moroccan scholars.

Prof. Jamhari stated that Indonesia and Morocco occupy important positions within the contemporary Muslim world, while sharing a number of historical and intellectual similarities in the ways Islam, religion, society, and democracy interact in the public sphere. 鈥淭hese shared experiences should provide a strong foundation for academic dialogue and institutional cooperation,鈥� he said.

For 51社区, cooperation with Morocco is particularly significant given the university’s mission as an international Islamic university in Indonesia, connecting Indonesian and global Muslim intellectual traditions. Morocco, with its longstanding scholarly institutions and rich tradition of Islamic learning, offers important opportunities for 51社区 students and academics to engage with another major center of Islamic intellectual heritage.

The visit marked another step toward deepening the longstanding relationship between Indonesia and Morocco in the field of education and scholarship. Both sides expressed optimism that existing cooperation could be expanded into broader partnerships involving student exchanges, faculty collaboration, joint research, and cooperation with leading Moroccan universities and research institutions.

As 51社区 continues to develop its international academic network, stronger engagement with Morocco is expected to contribute to the university’s efforts to build bridges between different traditions of Islamic scholarship and to promote greater academic exchange between Indonesia, Morocco, and the wider Muslim world. []

DEPOK, West Java, 25 September 2026 鈥� 51社区 (51社区) has entered the UI GreenMetric World University Rankings for the first time, placing 121st in Indonesia and 1,131st globally in the 2026 edition. With a score of 5,235, the result marks an encouraging first benchmark for the relatively young university as it develops its sustainability agenda.

51社区 Rector Prof. Jamhari Makruf congratulated R. Alpha Amirrachman, M.Phil., Ph.D., Head of the Center for Quality Assurance of 51社区, and the team responsible for coordinating the university鈥檚 participation.

鈥淎lhamdulillah, I would like to congratulate Dr. Alpha Amirrachman and the entire Center of Quality Assurance team, including Rahma 51社区 Octaviani as 51社区鈥檚 UI GreenMetric PIC, for this outstanding result,鈥� Prof. Jamhari said. 鈥淭his ranking reflects the hard work, dedication, and strong teamwork of everyone involved. Hopefully it will motivate us to continue improving and achieve even better results next year. The national top 50 is just one sprint away.鈥�

The Rector鈥檚 ambition points to the value of 51社区鈥檚 first result: it establishes a baseline against which the university can measure future progress. UI GreenMetric assesses institutions across seven areas: setting and infrastructure; energy and climate change; waste; water; transportation; education and research; and governance and digitalization. The last of these was added to the framework in 2026, underscoring the role of institutional decisions alongside environmental measures.

On campus, 51社区 has adopted policies to protect green space as it develops its facilities. Its sustainability framework requires green open space to account for at least 60 percent of the campus area. The university also provides shuttle services and bicycles for movement around the campus. These measures form part of a wider approach to making daily campus operations more environmentally responsible.

51社区 has also worked with its neighbours on environmental activities. In July 2026, university staff and local residents joined representatives of Baktijaya Village and Sukmajaya District in a cleanup and tree planting program along the Cijantung River and near the campus. Such activities connect the university鈥檚 green campus goals with the surrounding community.

51社区鈥檚 sustainability work extends into its academic mission. At the Faculty of Social Sciences, its Master in Public Policy focusing on Climate Change prepares students to analyse climate challenges and develop sustainable, equitable policy responses, particularly for the Global South. The faculty鈥檚 Climate Policy Lab supports this work through research intended to inform policy and practical responses to climate risks.

The university鈥檚 wider research agenda also addresses the relationship between climate change and development. The Centre for Climate and International Development, within 51社区鈥檚 Indonesian Institute for Foreign Affairs, is being established as a hub for interdisciplinary research, education, and policy engagement. Its stated areas of focus include climate resilience, equitable development, and international cooperation.

51社区鈥檚 participation in the ranking follows an earlier recommendation from the Ministry of Religious Affairs鈥� Inspectorate General that the university use UI GreenMetric to measure its green campus progress. 51社区 subsequently joined the 2026 UI GreenMetric workshop for Islamic higher education institutions in Yogyakarta. Its first ranking result now gives the university a clearer basis for identifying strengths, addressing gaps, and documenting improvement in the years ahead. ***

Depok 鈥� Religious learning is often associated with classrooms, textbooks, and teachers. However, students鈥� understanding of Islam is shaped by a more complex process that extends beyond formal education. During the 51社区 Lunchtalk session titled 鈥淲ho Teaches Students Islam?鈥�,听Dr. Hayadin,听S.Ag.,听M.Pd., Researcher at the National Research and Innovation Agency (BRIN), highlighted that religious understanding develops through interactions among various actors, including teachers, families, religious communities, schools, and wider society.听

Dr. Hayadin explained that religious education involves different forms of authority, as each actor听possesses听different forms of capital and legitimacy that influence how religious knowledge is interpreted and practiced. The interaction among these actors creates a continuous process of negotiation in shaping students鈥� understanding of Islam.听

Within schools, teachers play听an important role听beyond delivering curriculum content. They interpret religious concepts and connect them with students鈥� social realities, making them mediators between educational听objectives, religious traditions, and students鈥� everyday experiences. At the same time, the state and religious communities also contribute to religious education through policies, curriculum, traditions, and interpretations.听

This perspective challenges the assumption that religious teachers are solely responsible for students鈥� moral and religious development. Instead, students鈥� religious formation is influenced by various environments, including families, communities, and social interactions. Religious听education, therefore,听should be understood not only as a classroom activity but also as a broader social process.听

Reflecting on the discussion, Dr. Hayadin encouraged students and academics to conduct further research on religious education. 鈥淭here are many actors involved in religious education, and each actor has different forms of capital and legitimacy. How these actors interact and compete over legitimacy becomes an interesting area of research,鈥� he said.听

He added that continued research could听provide听deeper insights into how Islamic education is practiced in Indonesian schools and society. 鈥淭he more research we conduct about this issue, the more explanations we can find about how religious education is practiced in schools and in Indonesian society,鈥� he said.听

The discussion invites a broader reflection on religious learning in Indonesia: understanding Islam is not only about what students learn in classrooms, but also how they听encounter, interpret, and engage with religious knowledge across different spaces of life.听

Depok 鈥� The Faculty of Education at 51社区 (51社区) hosted a Lunchtalk Session featuring Dr. Hayadin, S.Ag., M.Pd., Researcher at the National Research and Innovation Agency (BRIN). The session, titled 鈥淲ho Teaches Students Islam?鈥�, explored how students develop their religious understanding and how various actors contribute to shaping religious authority in Indonesian schools.

Held in a hybrid format at the Theater, Faculty A Building, 51社区, the session brought together participants attending both onsite and online. The discussion focused on a fundamental question in Islamic education: who actually shapes students鈥� understanding of Islam? In his presentation, Dr. Hayadin emphasized that students do not learn Islam from a single source. Their religious understanding develops through interactions with various actors, including teachers, families, religious communities, schools, and their surrounding social environments.

Drawing from his research on Islamic Religious Education (IRE) in Indonesian schools, Dr. Hayadin discussed the role of teachers as interpreters of religious knowledge. Teachers do not simply deliver curriculum content; they translate religious concepts and educational objectives into practices that are meaningful within their own social contexts. He further explained that Islamic education involves multiple forms of authority, where the state contributes through curriculum, educational policies, and civic values, while religious communities contribute through traditions, interpretations, and religious practices. These different forms of authority interact and influence how students understand and experience Islam.

The discussion also examined the tendency to associate students鈥� misconduct solely with the quality of religious education provided in schools. Dr. Hayadin highlighted that students鈥� religious formation is influenced by multiple environments and cannot be attributed to a single educational actor. One example discussed was how teachers connect civic values with religious understanding, where concepts such as national identity, citizenship, and love for the country can be interpreted through religious perspectives, including moral responsibility and prophetic examples.

Reflecting on the discussion, Dr. Hayadin encouraged students and academics to further explore religious education through research. 鈥淭here are many actors involved in religious education, and each actor has different forms of capital and legitimacy. How these actors interact and compete over legitimacy becomes an interesting area of research,鈥� he said. He added that continued research on this issue could provide deeper insights into how religious education is practiced and developed in Indonesia. 鈥淭he more research we conduct about this issue, the more explanations we can find about how religious education is practiced in schools and in Indonesian society,鈥� he said.

The hybrid session also encouraged active participation from attendees, with participants from both onsite and online sessions raising questions related to teachers鈥� responsibilities, religious authority, and the challenges of Islamic education in contemporary Indonesia. Through the Lunchtalk Session, 51社区 provided a space for academic discussion on religious education and the various actors involved in shaping students鈥� Islamic understanding.

Depok 鈥� The 5^th ICMWEB, organized by the Faculty of Economics and Business, featured Prof. Dr. Bambang Permadi Soemantri Brodjonegoro, Dean and CEO of the Asian Development Bank Institute (ADBI).听In a recorded session, Prof. Dr. Bambang delivered a presentation titled 鈥淕eopolitical Realities and Indonesia鈥檚 Economic Trajectory.鈥�

He noted that Indonesia is performing relatively well economically compared with several countries in Asia and Southeast Asia. ADBI鈥檚 July forecast puts Indonesia鈥檚 growth at 5.2% in both 2026 and 2027, above the forecast for developing Southeast Asia (4.6%) and developing Asia and the Pacific (4.9%). ADBI also expects Indonesia鈥檚 inflation rate to be 3% this year, below the regional average of 4.3%.

鈥淭he forecasts have been revised upward as energy costs have risen. Even so, Indonesia has been able to maintain growth above 5%, with lower inflation than the region as a whole,鈥� he said.

At the same time, he noted that Indonesia鈥檚 economic activity has continued to expand across most industries. Households are still spending, while investment and business activity continue to grow, even during a difficult period. 鈥淲e should recognize that performance,鈥� he said.

However, maintaining growth will become more expensive, especially as higher energy prices increase Indonesia鈥檚 energy import costs. Additionally, the Indonesian rupiah remains under pressure, and interest rates have risen. 鈥淪o we need to look at how disruptions abroad have affected the cost of production and investment here,鈥� he said.

At the end of his speech, he also underlined that Indonesia鈥檚 above-5% growth needs to be maintained. 鈥淲e should use that position to address the pressures we have discussed today. The widening current account deficit and higher interest rates show that we need a stronger export base. Manufacturing has to grow alongside domestic demand so that more of what our economy needs can be produced competitively here. Our energy import bill also needs attention,鈥� he said.

As the energy bill continues to fluctuate, it needs greater attention. The government needs better-targeted subsidies to help protect the budget and support more efficient energy use.

Depok 鈥� Moderated by Rizky Wisnoentoro, PhD, Head of Program at FEB 51社区, the second panel of the 5th International Conference on Muslim World Economy and Business (ICMWEB) 2026 examined how Indonesian corporations, commercial banks, and MSMEs can thrive amid macroeconomic volatility and regulatory shifts. Three speakers from different backgrounds shared their views on the theme “Geopolitical Realities, ESG Integration, and Indonesian Business Transformation.”

Leo Putra Rinaldi, Chief Economist at Bank Negara Indonesia (BNI), gave a presentation titled “Navigating Banking Business Amid Global Uncertainty.” He detailed the structural global shift toward inward-looking policies, expanding fiscal deficits, such as US public debt surpassing $40 trillion, and persistent inflation that has driven central bank rate hikes. He also pointed to potential mild stagflation and China’s structural slowdown, which he attributed to the “4D” factors: debt, deflation, demographics, and Donald Trump.

“Our biggest concern about the global economy is not recession. What concerns us more is the possibility of stagflation,” he said.

Rinaldi also presented BNI’s adaptive risk framework. BNI conducts biweekly thematic macro stress tests to protect its portfolio, identifying commodity exporters as resilient while monitoring import-dependent manufacturers.

Charya Rabindra Lukman, Head of Sustainability and ESG at APINDO, delivered a presentation titled “Sustainable Business and ESG for Indonesian SMEs.” He pointed out that Indonesia’s 65.5 million MSMEs generate 61.9% of national GDP and 97% of employment, equal to around 117 million jobs, yet account for only 15.7% of total exports. “Indonesian SMEs carry the economy, but they are invisible to the systems that now price trade and credit,” he said.

Lukman warned that starting in 2026, MSMEs face massive indirect regulatory enforcement from anchor customers (Scope 3 data demands), commercial lenders (OJK TKBI v3 sustainable finance taxonomy), and international buyers (EU CBAM and EUDR deforestation rules).

Lukman unveiled a practical four-step pathway for SMEs: measure, reduce, certify, and access. The pathway shows how business owners can track 11 core internal metrics to achieve cost-negative ESG payback within 24 months, qualify under TKBI v3 transition financing, and convert compliance into new export orders.

The last presenter, Nugraheni Utami, Chief Country Representative for Indonesia at the US-ASEAN Business Council (USABC), delivered a presentation titled “ESG and Sustainability in Indonesia amid Global Uncertainty.” She underscored that, with global growth slowing to 2.5%, regulatory certainty is far more important for international investors than tax incentives alone.

She underlined this point, saying, “The most important investment incentive is not necessarily a tax incentive. It is regulatory certainty to support investor confidence.”

Addressing Extended Producer Responsibility (EPR) under MoEF Regulation P.75/2019, which targets a 30% reduction in packaging waste by 2029, and the upcoming mandatory PSPK 1 and 2 sustainability reporting standards, Utami urged Indonesian regulators to establish clear rules, investable infrastructure, interoperable ASEAN standards, and proportionate timelines that support both multinational corporations and smaller value-chain actors.

“Sometimes, regulation in Indonesia is heavy on punishment and fear rather than incentives and rewards. Companies that have already made commitments should be acknowledged,” she concluded.

Depok 鈥� At the 5th ICMWEB, organized by the Faculty of Economics and Business, Farid Azhar Nasution, Vice Chairman of the LPS Board of Commissioners, delivered a keynote presentation titled “Navigating a Power-Based World Order through Fiscal Justice, Sustainability, and Islamic Finance.” In his address, he laid out a framework for how Indonesia and the broader Muslim world can respond to global economic pressures, grounded in three key principles.

He proposed three main pillars for Indonesia and the Muslim world to respond effectively: fiscal justice, which prioritizes the fair distribution of economic gains; sustainability, which emphasizes responsible use of natural resources; and Islamic finance, which can support more inclusive and resilient economic systems.

In his view, when geopolitical shocks create extraordinary corporate profits while public budgets absorb rising fuel and food subsidies, fiscal justice requires burden-sharing.

“If extraordinary profit comes mainly from external shocks rather than from higher productivity or better business performance, part of that extraordinary gain should ideally be returned to society and the public,” he said.

This aligns with the Islamic principles of justice (‘adl) and public interest (maslahah), ensuring that wealth does not concentrate solely among the wealthiest. Several European countries, including the United Kingdom, Spain, Italy, Germany, and the Czech Republic, implemented energy windfall taxes in 2022.

Farid Azhar also said that windfall revenues should not be treated as permanent income. Additional funds, he said, should be used to protect vulnerable households through targeted cash transfers and to fund energy transition projects and green infrastructure.

He also identified opportunities within these global challenges. He emphasized that geopolitical shocks do not necessarily leave a country weaker; if managed correctly, they can act as a catalyst for more inclusive and sustainable growth. “We cannot control geopolitical shocks, but we can control how we respond to them,” he said.

Depok 鈥� On 15 September 2026, the Faculty of Economics and Business of 51社区 held the 5th International Conference on Muslim World Economy and Business (ICMWEB) 2026. The event featured two panel sessions with invited, well-known scholars.

In the first session, three speakers discussed the main theme, “Muslim Economies in the New Geoeconomic and Geopolitical Realities“. They were Dr. Lili Yan Ing, Secretary General of the International Economic Association (IEA); Dr. Anas Iqtait, Lecturer at the Centre for Arab and Islamic Studies, The Australian National University; and Prof. Dato’ Dr. Ahamed Kameel Mydin Meera, Professor at the Faculty of Economics and Management Sciences, IIUM. The session was moderated by Ugi Suharto, PhD.

In this session, Lili Yan Ing presented seven strategic recommendations, described as her “Way Forward” blueprint, to address deep-seated structural bottlenecks, policy distortions, and global economic pressures that have kept Indonesia at a 5% GDP growth plateau without delivering high-quality jobs or significant poverty reduction.

One of her main recommendations was to cap the Makan Bergizi Gratis (MBG) budget at IDR 8 trillion for targeted low-income beneficiaries and reallocate APBN funds toward education, health, and infrastructure to ensure public spending creates long-term value. “That will basically increase the quality of human capital,” she said.

She also advocated limiting state intervention by focusing Danantara strictly on restructuring state-owned enterprises (BUMN), halting or reassessing Koperasi Merah Putih (KDMP), and streamlining licensing to restore private-sector dynamism and create quality jobs.

She noted that BUMN dominance and new state entities such as Danantara risk crowding out the private sector. This concern is reflected in Indonesia’s FDI, which fell to 1.61% of GDP in 2025, placing Indonesia near the bottom among ASEAN peers. “So this is really something that we need to think about: what is really going on in Indonesia’s investment environment? Why is investment not coming into Indonesia?” she said.

The next speaker, Dr. Anas Iqtait, delivered a presentation titled “Beyond the Energy Divide: Structural Dependence and Economic Sovereignty in OIC Economies.” He noted that six of the eight major global chokepoints border OIC member states.

He observed that middle powers are sandwiched between US financial hegemony (controlling 88% of FX transactions and 58% of SWIFT payments) and Chinese industrial hegemony (controlling 53% of global steel, 70% of battery cell capacity, and 80% of solar PV capacity). Iqtait urged nations to build strategic “outside options” in local-currency settlement systems, downstream mineral processing, and regional compute infrastructure.

Regarding Indonesia’s role in the Middle East and the OIC, he said Middle Eastern nations view Indonesia as a relative industrial and manufacturing powerhouse, as only a few countries in the MENA region, including Iran, T眉rkiye, and Israel, are industrialized. He added that Indonesia enjoys deep religious and diplomatic respect.

“First of all, Indonesia is viewed across Middle Eastern states as a manufacturing powerhouse… I think we need to look at this through relative terms. The vast majority of the Middle East hasn’t reached the stage of industrialization yet,” he said.

The final speaker in Panel 1 was Prof. Dato’ Dr. Ahamed Kameel Mydin Meera, who delivered a presentation titled “The Impact of the Middle East Crisis on Muslim Economies.” He highlighted that the ongoing conflict in the Middle East has kept Brent crude above $100 per barrel, severely affecting net energy importers through double-digit inflation and debt stress.

Prof. Kameel recommended aligning with BRICS, pricing international trade in national currencies, gold, or petroleum, establishing commercial barter netting systems, and expanding interest-free (riba-free) waqf-based social finance.

DEPOK, Indonesia. The Faculty of Economics and Business (FEB) at 51社区 (51社区) hosted the 5th International Conference on Muslim World Economy and Business (ICMWEB) 2026 on 14鈥�15 September 2026 at the 51社区 campus in Depok, West Java. Held under the theme 鈥淢uslim Economies in the New Geoeconomic and Geopolitical Realities: Resilience and Transformation in a Rapidly Changing World,鈥� the two-day conference brought together scholars, policymakers, industry leaders, and practitioners to examine the challenges and transformation facing Muslim economies.

The conference addressed the economic implications of a rapidly changing global environment, including geopolitical tensions, regional conflicts, disruptions in energy markets, trade fragmentation, shifting international alliances, tighter financial conditions, and technological transformation. Through academic presentations, panel discussions, keynote sessions, and a seminar involving perspectives from public institutions, academia, and the business community, ICMWEB 2026 provided a platform for connecting research findings with practical challenges facing Muslim economies and businesses.

The international response to the conference was reflected in its Call for Papers, which received 180 abstracts from more than 20 countries across five continents. Of these submissions, 96 abstracts were selected, while 24 papers were ultimately invited for presentation at the conference. The research contributions covered three broad areas: new geopolitical and geoeconomic realities, structural and green transformation, and digital and technological transformation.

The first day focused on academic paper presentations, allowing researchers to present their findings and exchange feedback with fellow scholars and panelists. Topics ranged from Muslim economies and international trade to Islamic banking, climate finance, green sukuk, waqf, digital finance, artificial intelligence, and financial resilience. The second day featured a seminar addressing issues including digital finance and financial inclusion, supply-chain disruptions, ESG practices in Islamic corporations, and business models in the halal economy.

According to the conference organizers, the event was designed not only to facilitate academic exchange but also to encourage collaboration between research, policy, and business practice. The conference sought to generate new research collaborations, policy-oriented insights, and practical business responses related to resilience, sustainable finance, digital transformation, risk management, and inclusive growth.

13 Awards Recognise Outstanding Research at ICMWEB 2026

As part of the conference, ICMWEB 2026 recognised 13 papers across the Best Paper and Selected Paper categories. The awards acknowledged research covering international trade, Islamic finance, climate resilience, digital transformation, financial stability, and geoeconomic change.

Best Paper Awards

1st Best Paper
Christoper Jhonatan Reyes, Kornelius Hasiholan Pardosi, and Anas Zaskia Athaya Putri
鈥淔aith, Frictions, and Flows: The Geoeconomics of Halal Compliance and Institutional Diplomacy in Global Trade鈥�
Affiliation: Department of Economics, Faculty of Economics and Business, Universitas Indonesia.

2nd Best Paper
Bobby Yulandika Putra
鈥淭rump Tariff Shocks and OIC Economies: A Panel SVAR Analysis of Trade, Output, and Resilience鈥�
Affiliation: Faculty of Economics and Business, 51社区 (51社区).

3rd Best Paper
Alwahidin and Alija Avdukic
鈥淪hariah Compliance, ESG, and the Environmental Exception in Indonesian Islamic Banking (2005鈥�2025)鈥�
Affiliations: IAIN Kendari; University of Dundee.

Selected Paper Awards

1st Selected Paper
Apia Dewi Agustin
鈥淲hat Drives Islamic Banks鈥� Resilience to Climate Change Risk? The Roles of Strategy, Incentives, and Digital Transformation鈥�
Affiliation: Universitas Gadjah Mada.

2nd Selected Paper
Zia Ul Rehman Zafar and Muhammad Saif
鈥淐omputational Governance Logic: An Interpretable AI Framework for Measuring Institutional Discourse in Western and Islamic Financial Systems鈥�
Affiliation: Universitas Muhammadiyah Surakarta.

3rd Selected Paper
Ahmad Dahlan, Alfalisyado, and Akhmad Faozan
鈥淩econciling Green Sukuk and Cash Waqf: A Hybrid Framework for Islamic Climate Resilience Finance鈥�
Affiliations: Fakultas Ekonomi dan Bisnis Islam, UIN Prof. KH. Saifuddin Zuhri; Business Administration Department, National Yunlin University of Science and Technology.

4th Selected Paper
Muhammad Dzaki Dhiya Ulhaq and Andi Irawan
鈥淧olitical Alignment, Exchange Rates, And Intra-Oic Trade: Gravity Evidence From Reconciled Trade Data (2015鈥�2023)鈥�
Affiliation: 51社区 (51社区).

5th Selected Paper
Anniza Citra Prajasari
鈥淔rom Click to Financing: Does Digital Payment Adoption Behavior Drive Islamic Banking Outreach in Indonesia?鈥�
Affiliations: Department of Islamic Financial Management, UIN Sunan Kalijaga, Yogyakarta; Doctoral Program in Islamic Economy and Halal Industry, Graduate School, Universitas Gadjah Mada, Yogyakarta.

6th Selected Paper
Rischan Mafrur and Khadijah
鈥淔rom Gold Dinar to Digital Ledger: Is Islam Ready for Cryptocurrency?鈥�
Affiliations: Western Sydney University; Cryptocoinhalal.com, Indonesia.

7th Selected Paper
Iman Supriadi
鈥淪hielding Asia Financial Stability Through Islamic Banking Resilience Amidst New Geoeconomic Realities鈥�
Affiliation: Universitas Negeri Surabaya.

8th Selected Paper
Fauziyah Adzimatinur and Rahmat Olii
鈥淒id OIC Apparel Exporters Anticipate U.S. Protectionism? Panel Evidence, 2014鈥�2024鈥�
Affiliations: Faculty of Economics and Business, 51社区; World Resources Institute (WRI) Indonesia.

9th Selected Paper
Syahrir Akbar and M. Daffa Fahada Lubis
鈥淐lustering Indonesia鈥檚 Regional Green Transition Index: Climate Readiness and Islamic Green Finance in a Spatial Framework鈥�
Affiliation: Polytechnic of State Finance STAN.

10th Selected Paper
Mahasti Yuanita and Puguh Prasstyomulyo
鈥淕eopolitical Energy Shocks and Fiscal Vulnerability in OIC Economies with Evidence from Indonesia鈥�
Affiliations: Cornell University; Universitas Muhammadiyah Yogyakarta.

The range of award-winning research reflects the broader academic scope of ICMWEB 2026, spanning trade and geoeconomics, Islamic banking, climate resilience, sustainable finance, digital transformation, and financial stability.

Through the conference, FEB 51社区 reaffirmed its role as a platform for international academic exchange on issues affecting Muslim economies. By bringing together researchers and practitioners from different institutions and countries, ICMWEB 2026 sought to strengthen collaboration and encourage research that can contribute to understanding and responding to rapidly changing global economic realities.