Open AccessThird International Conference on Islamic Economics
Author(s) -
Muhammad Mudassar Anwar
Publication year - 1992
Publication title -
american journal of islam and society
Language(s) - English
Resource type - Journals
eISSN - 2690-3741
pISSN - 2690-3733
DOI - 10.35632/ajis.v9i3.2586
Subject(s) - islam , islamic economics , kuala lumpur , political science , poverty , social science , development economics , accounting , management , law , sociology , economics , geography , business , marketing , archaeology
The Third International Conference on Islamic Economics was held inKuala Lumpur, Malaysia, during 23-25 Rajah 1412/28-30 January 1992 underthe auspices of Malaysia's International Islamic University (IIU) and in collaborationwith the Islamic Development Bank (IDB) and the International Associationof Islamic Economics (IAIE).In his welcome address, 'AbdulHamid AbiiSulayman, rector, IIU, KualaLumpur, Malaysia, stressed that Islam provides an alternative to the economicsystem of the West and its reformed model, Marxism, which has collapsed.The conference was opened by Datuk Sri Anwar Ibrahim, financeminister of Malaysia, and was concluded by Datuk Amar Dr. Sulaiman Hj.Daud, education minister of Malaysia. While recognizing the importance ofimplementing Islamic principles in areas such as trade and finance, AnwarIbrahim felt that efforts to promote growth and generate wealth are morepressing. He stressed the need for creating wealth to eradicate poverty, apivotal concern of Islamic economics.Datuk Daud emphasized that institutions of higher learning shoulddevelop rigorous and meaningful analytical tools comparable with Western ...