Date: Wednesday 25th March 2009

Time: 6.00-7.30 pm (Fellowship Tea: 5.30 pm)

Speaker: Professor Mohammad Omar Farooq, Royal University for Women

Attendance: There is no charge to attend the lecture but you must register by email; non attendance after registration may result in a charge of BD10.00 unless there is a valid reason or cancellation notice is given one day in advance of the lecture date.

Venue: Bahrain Institute of Banking and Finance, 1456, Road 4034, Manama, 340 Bahrain (Follow signs from Al-Jazira Supermarket Juffair)

About the Seminar
The recent global crisis has exposed the pitfalls of conventional economics and the traditional policy toolkits. Are we at a pivotal time similar to the past when earlier paradigms were challenged, scrutinized and disavowed – a process from which came new paradigms? The discourse of paradigm shift is a subject in itself dealing with questions, such as “Why paradigms shift?” or “Why major changes in the field of knowledge face ‘paradigm paralysis’?”.

Whether we are set for a paradigm shift or not, that the existing paradigms have serious problems is now self-evident. This presentation sheds light on the challenges before any major paradigm shift from both conventional and Islamic perspective.”

About the Speaker
Dr. Mohammad Omar Farooq is an associate professor of Business and Finance at Royal University for Women, Bahrain. He holds a PhD in economics from the University of Tennessee, Knoxville, USA. He was also a Ciriacy-Wantrup Postdoctoral Fellow at the Energy and Resources Group, University of California-Berkeley. Before joining Royal University for Women last year, he has been teaching at a number of US universities for the past twenty years. His research interests include economic development, history of economic thought, financial economics and Islamic Economics/finance/banking.

To register please contact: Al Fatih Aryasantana
Email: Alfatihgp@bibf.com
Tel: +973 1781 5539
Website: http://www.bibf.com/cfif/index.htm

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