Contribution of Islamic Thought to Modern Economics Muslim countries are facing serious problems in managing their economic life. Their inherited colonial ways of achieving economic aims are in basic contradiction to certain aspects of Islamic values and intended economic goals. Thus, it is imperative for Muslim countries endeavoring to escape underdevelopment and social injustice to turn to Islamic teaching and the Islamic way of harnessing human potentials to improve economic conditions and ascertain the necessary requirement for effective economic development. Islamic economics, as developed by Muslim jurists and social scientists (fuqaha’), needs to be recast in modern terms and developed further to deal with complex realities of the modern society. This book is one step on the long march to Islamizing the science of economics. It contains a selection of papers from the proceedings of the economic conference held in Cairo in 1988. These papers are a valuable contribution to the cause of modernizing Islamic economics. Misbah Oreibi was born in Benghazi, Libya, Jumuda al Akhirah 28, 1355 A.H./ September 15, 1936 A.C. He has studied economics at the universities in Cairo, Minnesota, and London. From 1962 until 1970, he taught economics at the University of Libya, Benghazi. In 1970, he became the Dean of the Faculty of Economics and Business at the University of Libya. He remained the Dean until 1973, at which time he was selected to serve as the representative of Libya in the United Nations Conference for Trade and Development in Geneva, where he stayed until 1983. Mr. Oreibi has attended many conferences and published numerous papers on economic integration, the Libyan economy, and economic development in the Maghrib while working as an economic consultant in Geneva and, presently, in the Washington D.C. area in the United States. (1998).

Paperback: 978-1-56564-262-1 / Price: $20.95 eBook: 978-1-56564-531-8 / Open Access Size: 6x9 inches Pages: 274 Year of Publication: 1998