Role of private and public sectors in economic developments in an Islamic perspective

This book is a compilation of selected papers presented at the Fifth International Islamic Economics Seminar (1414/1993) jointly sponsored by the International Institute of Islamic Thought and the World Bank. This seminar adopted the theme of "The Role of Private and Public Sectors in Economic Development in an Islamic perspective." This work, which is edited by E. Ahmed, includes M. A. Choudhury's "Why Cannot Neoclassicism Explain Resource Allocation and Development in the Islamic Political Economy", J. Abu-Rashed's "Altruism in the Conduct of the Private and Public Sectors", I. Ahmad's "The Role of Public and Private Sectors in Economic Development in an Islamic Perspective", S.M. Ali Akkas's "Operation of an Islamic Bank Under Conventional Banking Framework: A Comparative Efficiency Analysis", A. Aziz's "Islamic Corporate Finance: A Tool for the Development of Muslim Countries" M. Sh. Ebrahin1's "Theory of Participating Term Certificates: A General Equilibrium Perspective", J. W. Wright's "Muslim Attitudes Towards Islamic Finance: A Review Lecture and an American Survey", S. I. Mahdi's "The Role of Public and Private Sectors in Islamization of the Economy of Iran", A. H. Bashir's "Money and Growth in Islamic Economics: Theory and Evidence" and Sh. M. Safiullah's "New Managers in the Egyptian Public Sectors During the Nasser Era." In all, ten prominent scholars share their valuable in ights on their respective fields in this book.