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

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  • Munawar Iqbal

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

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.

Suggested Citation

  • Munawar Iqbal, 2017. "Development of Islamic Economics and Finance and the Role of International Conferences تنمية الاقتصاد والتمويل الإسلامي ودور المؤتمرات الدولية," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 30(SI), pages 3-14, April.
  • Handle: 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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    References listed on IDEAS

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    1. Ahmed, Habib & Chapra, Mohammad Umar, 2002. "Corporate Governance in Islamic Financial Institution (Occasional Paper)," Occasional Papers 93, The Islamic Research and Teaching Institute (IRTI).
    2. Munawar Iqbal, 2014. "Development of theory of Islamic economics: problems and proposals," International Journal of Behavioural Accounting and Finance, Inderscience Enterprises Ltd, vol. 4(3), pages 259-280.
    3. Muhammad Adeel Ashraf & Ahcene Lahsasna, 2017. "Measuring Shariah Risk: Proposal for A New Shariah Risk Rating Model for Islamic Banks and Allocation of Capital for Shariah Risk under Basel III قياس مخاطر عدم الالتزام بالشريعة الإسلامية مقترح نموذج," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 30(SI), pages 73-87, April.
    4. Hafas Furqani, 2017. "Consumption and Morality: Principles and Behavioral Framework in Islamic Economics الاستهلاك والأخلاق: المبادئ والإطار السلوكي في الاقتصاد الإسلامي," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 30(SI), pages 89-102, April.
    5. Husnu Tekin & Burak Sencer Atasoy & Hasan Murat Ertugrul, 2017. "The Relationship between Conventional Deposit and Islamic Profit Share Rates: An Analysis of the Turkish Banking Sector العلاقة بين الإيداعات التقليدية ومعدلات الأرباح الإسلامية: تحليل للقطاع المصرفي ," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 30(SI), pages 103-117, April.
    6. Muhamed Zulkhibri & Reza Ghazal, 2017. "The Impacts of Governance and Institution on Financial Inclusion: Evidence from Muslim Countries and Developing Economies أثر الحوكمة والعمل المؤسسي على الشمول المالي: شواهد من البلدان الإسلامية والاق," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 30(SI), pages 37-60, April.
    7. Munawar Iqbal & Philip Molyneux, 2005. "Thirty Years of Islamic Banking," Palgrave Macmillan Studies in Banking and Financial Institutions, Palgrave Macmillan, number 978-0-230-50322-9, December.
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