Three renowned professors have been selected as winners of the 1443H (2022) Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics for their significant and influential contributions in the field of Islamic economics and finance. The winners, Prof. Habib Ahmed (first prize), Prof. Mansur Masih (second prize), and Prof. Tariqullah Khan (third prize), are internationally recognized academics who produced pioneering and impactful scholarly works. Prof. Habib Ahmed, the Sharjah Chair in Islamic Law and Finance at Durham University, Durham, U.K., was selected for the first prize in recognition of his pioneering and innovative work in Islamic economics and finance that pushed forward knowledge and influenced policymaking for the use of Islamic finance in socio-economic development. Prof. Mansur Masih, a Senior Professor at University Kuala Lumpur Business School, Malaysia, won the second prize for his original and pioneering contributions to econometric applications of Islamic finance. Prof. Tariqullah Khan, a professor at the Faculty of Business and Management Sciences, Istanbul Zaim University, Turkey, won the third prize in recognition of his work to integrate Islamic economics and finance with sustainable development and circular economy. This year's prize cycle aims to recognize, reward and encourage significant knowledge contributions in Islamic economics with the potential to solve major development challenges of IsDB member countries. The prize comes with a USD 50,000 award for the first prize winner, USD 30,000 for the second prize, and USD 20,000 for the third prize.
