Development of Islamic Economics and Finance and the Role of International Conferences تنمية الاقتصاد والتمويل الإسلامي ودور المؤتمرات الدولية

Munawar Iqbal ()
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Munawar Iqbal: Islamic Economics Institute King Abdulaziz University, Jeddah, Saudi Arabia

Journal of King Abdulaziz University: Islamic Economics, 2017, vol. 30, issue SI, 3-14

Abstract: It is well-known that conferences play an important role in mobilizing and contributing to research in their areas of specialization. Until the early 1970s, research in the field of Islamic economics was, largely, restricted to a critique of conventional economics and its institutions. That research showed that Islamic economics has the potential of emerging as a new paradigm. Some leading personalities of the Islamic world realized that potential and decided to give that research a direction so that a new discipline may emerge in due course of time. This effort was spearheaded by the then President of King Abdulaziz University, Jeddah, Dr. Muhammad Omar Zubair. With those efforts, the first International Conference on Islamic Economics was held in Makkah Al-Mukarramah, Saudi Arabia, in 1976, under the auspices of the King Abdulaziz University, Jeddah. The Conference marked the renaissance of Islamic economics as a modern scientific discipline.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:abd:kauiea:v:30:y:2017:i:4:no:1:p:3-14

DOI: 10.4197/Islec.30-SI.1

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