3rd International Conference on Economics and Allied Sciences
Innovation, Sustainability, and Islamic Finance: Shaping Pakistan’s Green Economy (ISIF-2025)
Tuesday and Wednesday 11th & 12th November 2025
Pakistan is the 5th largest country by population and 22nd largest economy by GDP (Purchasing Power Parity). It has been facing inconsistent growth over the last several years with a hyperinflation in the recent past. However, it has made noteworthy improvement to move out of the economic woes and has currently paved towards a trend of stabilization. The economic sustainability, it aims to achieve, is in fact requires a multidimensional intervention. It needs to consider environmental, social, financial, governance, and energy related issues.
The country has been severely affected by climate change, which has resulted in rising temperature, floods, and droughts. These developments have ultimately impacted the society and requires immediate attention. In this context some initiatives have been taken by the government and other institutions and environmental, social and governance aspects have been taken into account.
The energy sector is another critical issue for Pakistan. Still the major energy consumption is of thermal fuel which is environmentally unsafe. On the other side, the reliance is on imported fuel that has serious implications for trade deficit. Specifically for electricity, the government has increased its generation capacity and potential supply but the demand is significantly lower and caused a burden in terms of capacity payments.
The country has also committed, by amending the constitution, that it will implement Islamic finance by eliminating Riba by the end of year 2027. This move has made it mandatory for all stakeholders to get ready for a major restructuring in the economic, financial, and banking sectors. It also has long term implications for the economic growth, employment and business opportunities.
The modern world is welcoming the technological advancement and a major disruption is coming through artificial intelligence, blockchain, and fintech. Youth and businesses in Pakistan are also becoming more prone towards these advancements. One can expect a boom in technically advanced businesses and entrepreneurship activities. It requires a thorough ecosystem to evolve to nurture the new startups.
These developments in Pakistan may have crucial implications for achieving the UN’s Sustainable Development Goals (SDGs). Therefore, this international conference aims to bring together leaders, policymakers, academicians, researchers, and practitioners from around the world to explore innovative ideas and collaborative strategies to promote innovation, sustainability, and Islamic finance for shaping Pakistan’s Green Economy.
1. Objectives of the conference
Following are the objectives of the 3rd international conference of the EMD
- To explore existing situation and potential for innovation, sustainability, and Islamic finance for the economy of Pakistan
- To facilitate knowledge exchange among international experts on sustainable economic models.
- To present solutions that enable efficient, transparent, and data-driven governance.
- To create a network for collaboration in research, policymaking, and capacity-building.
- To publish a compendium of insights, case studies, and policy recommendations for global dissemination.
2. Conference Themes and Sub-themes
Theme-1. Economic Sustainability in Pakistan
- Environment, social, and governance (ESG) practices
- Fiscal and financial sustainability
- Poverty reduction and inequality
- International trade and competitiveness
- Taxation and social impact
Theme-2. Energy sector and innovation
- Renewable energy: Technologies and Innovation
- Energy demand and supply forecasting
- Indigenous energy resources
- Renewable Energy and Sustainable Development
Theme-3. Islamic Finance and Fintech
- Current trends in FinTech
- Product development in Islamic Finance
- Regulatory Framework for Fintech: Challenges and Opportunities
- Financial inclusion and gender disparity
Theme-4. Entrepreneurship and Business Innovation
- Entrepreneurial Ecosystem in Pakistan
- Financing options for new startups
- Opportunities for social and sustainable entrepreneurship in Pakistan
- Women and youth entrepreneurship
Deadline for abstract submission - 15th August 2025
Deadline for paper submission - 31st August 2025
Please submit your abstract and paper on
conference_emd@cloud.neduet.edu.pk
faheem.akhter@cloud.neduet.edu.pk
3. Participants
The conference will welcome a diverse group of participants, including:
- Government officials and policymakers
- International development agencies
- Academics and researchers
- Technology and innovation experts
- Urban planners and sustainability consultants
- Civil society organizations
- Students and young professionals
Conference registration will be open soon
4. Expected Outcomes
A set of actionable policy recommendations for integrating smart governance with sustainable economic practices.
- Enhanced international collaboration on smart economic governance projects.
- Research publications and a conference proceedings volume.
- Development of a framework for continuous dialogue and partnerships post-conference.
5. Venue
Main Campus NED University of Engineering and Technology
6. Organizers and Partners
The conference will be hosted by the Department of Economics and Management Sciences, NEDUET. We intend to with
- International academic and policy institutions
- UN agencies and regional bodies
- Research centers on sustainability and governance
- Private sector partners and think tanks
Dr. Mirza Faizan Ahmed – Conference Convener
Dr. Faheem Akhter – Conference Secretary
ICCJSD '22 held on 23rd and 24th of December 2022
CPEC is one of the world’s biggest economic corridors; China and Pakistan are giving due importance to CPEC by announcing multiple projects for sustainable development. The 21st century highlights a speedy expansion of technologically lead knowledge and skill which have transformed the way people live, work and relate to one another. The world’s Economic Architecture based on capitalistic perceptions and free-market economy is indorsing a go-slow facing the global economic crunch. Economic policy around industrial and services sector promotion for fostering employment opportunities through infrastructural development on enormous scale, along with trade development and economic integration through people’s connectivity across borders is the way to achieve sustainable development.
Academia can play a vital role to analyze, formulate and recommend by engaging the stakeholders for developing the conceptual framework as well as the policy guidelines, as a course of action for institutions engaged in coordination and connectivity. For this purpose, Department of Economics and Management Sciences, NEDUET organized 2nd International Conference on CPEC: Joining hands for Sustainable Development (ICCJSD-2022) on 23 and 24 December 2022. The conference engaged academicians, scholars, government officials, practitioners, diplomats, journalists and development specialists from all over the world, in a constructive interaction with the participants to generate critical thinking over policy formulations and coordinative integration across borders.
Call Ended: Call for Papers ICCJSD '22.
List of Seminars Conducted by the Department of Economics and Management Sciences
1- Session on the importance Data Availability by CEO of Research Analytics, Dr. Muhammad Yahya Ghazali on 31st May 2023.
2- Awareness Session on Islamic Banking and Finance and Recruitment Drive by Meezan Bank on Friday 19th May 2023.
3- Seminar on Economic Stability in Pakistan – A Way Forward by Dean College of Economics and Social Development (CESD) at the Institute of Business Management (IOBM) Prof. Dr. Shahida Wizarat, Director of Center for Collective Research and associate fellow at IDEAS Lahore Dr. Asad Sayeed, Senior Vice President of the Karachi Chamber of Commerce & Industries, Mr. Abdul Rehman Naqi, and Dean Architecture and Management Sciences, NED University of Engineering and Technology, Prof. Dr. Noman Ahmed on 3rd January 2022
4- Post Budget Seminar 2021 by Prof. Dr. Syed Akbar Zaidi, Dr. Aqdas Afzal, Prof. Dr. Sarosh H. Lodi, Prof. Dr. Noman Ahmed, Prof. Dr. Raza Ali Khan on 6th July 2021
5- Seminar on Challenges and Opportunities to Islamic Finance Industry in Post Covid Environment by Zulfiqar Ali Zaidi, Bank Al Habid, Mufti Zahid Siraj, Al Baraka Bank, Abbas Raza Varyala, Bank Alfalah, Jawaid Iqbal, Al Baraka Bank, and Syed Jawwad Hussain, Bank Al Habib on 19th February 2021.
6- Seminar on 'Changing Dynamics of Marketing' by the Ms. Uzma Khan, Head of Media, Unilever Pakistan Limited on 15th November 2019
7- Seminar on 'Business Strategy' by the Mr. Masood Jaffery, CEO Shabbir Tiles and Ceramics Limited on 7th November 2019
8- Seminar on ‘Discovering Yourself’ by Abdul Sattar Gatta – 2nd January 2019
9- Seminar on ‘Human Dynamics’ by Mr. Muhammad Zamir, CEO-Business Grid (Pvt.) Ltd. – 3rd January 2019
10- Seminar on 'Revisiting the Karl Marx Socialist Doctrine in 21st Century- Political and Economic Prospective for Pakistan' by Guest Speakers Dr. Riaz Shakih (Dean Social
11- Sciences and Education Department, SZABIST), Mr. Karamat Ali (Executive Director, PILER), and Dr. Fahd Ali (Assistant Professor, Habib University), and Prof. Dr. Sarah in 2018
12- Seminar on ‘Entrepreneur Mindset’ by Dr. Shahid Qureshi (IBA) – 31st December 2018
Ansari (London University), Prof. Khizar Ansari (London University) - 28th December 2018
13- Seminar on ‘Entrepreneurship’ by Mr. Yasir, ISC Controller-Pakistan AMEA at Mondelez International - 27th December 2018
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About ICSDIEMS-2019 The aim of International Conference on Sustainable Development through innovation in Economics and Management Sciences is to provide an opportunity for academicians, professionals, social scientists and students to have an intensified exchange and discussion of their innovative ideas on sustainable development in the emerging fields of economics and management sciences. The main objective of the conference is to promote collaborative excellence among academicians, policymakers and professionals to advance Entrepreneurship, Innovation and Economic Growth for Sustainable Development.
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