Sunday 4 May 2008

Research Affirms Value of Islamic Economics

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KHALEEJ BUSINESS TIMES: JEDDAH — Islamic economics was in focus at the seventh Islamic Economic Conference, which opened at the King Abdul Aziz University (KAAU) in Jeddah on Tuesday.

"We received 200 research papers from leading experts to present at the conference, out of which we selected 30. These papers are being distributed among delegates in book form, " explained Dr. Abdullah Turkistani, director of the Islamic Economic Research Centre at KAAU, the main organizer of the three-day event.

According to delegates attending the conference, research over the past 30 years has shown that Islamic economics is the panacea for many problems facing humanity and those Muslim governments should take the lead in introducing it in their countries.

"We are here to review what we have achieved so far in promoting Islamic economics and to discuss ways of tackling future challenges, "explained Prof. Khurshid Ahmad, chairman of the Institute of Policy Studies in Pakistan and winner of the King Faisal International Prize for Islamic Studies.

He said that Islamic economics has been accepted as a discipline in its own right. What is needed is to apply it on a massive scale to solve the problems of Muslim societies as well as humanity at large." Research affirms value of Islamic economics >>> | April 5, 2008

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