The first-place winner of the 2024 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics, Professor Mehmet Asutay, received the award during a ceremony in Riyadh, Kingdom of Saudi Arabia.
The award was presented by the IsDB Vice President (Operations), Dr. Mansur Muhtar, on behalf of H.E. the President, Dr. Muhammad Al Jasser, during the 18th IsDB Global Forum on Islamic Finance, held on the sidelines of the IsDB Group Annual Meetings and Golden Jubilee Celebration. The first-place prize comes with a US$ 50,000 award and a certificate for the winner.
A professor of Middle Eastern and Islamic Political Economy & Finance at Durham University, Prof. Asutay was awarded the prize in recognition of his significant work on Islamic moral economy and the articulation of Islamic finance to be supportive of sustainable development and the welfare of human beings.
The winner was selected by an independent committee of experts from outside the IsDB Group, whose work is coordinated by the Islamic Development Bank Institute (IsDBI).
In his comments on this occasion, Prof. Asutay said: “I am grateful to the Selection Committee for this prestigious prize and the recognition of my work in Islamic Moral Political Economy and the impact it has so far created. I dedicate this award to my students and research collaborators, whose insights have been invaluable.
News Reference : https://www.isdb.org/