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 includes “Why Cannot Neoclassicism Explain Resource Allocation and Development in the Islamic Political Economy”, “Altruism in the Conduct of the Private and Public Sectors”, “The Role of Public and Private Sectors in Economic Development in an Islamic Perspective”, “Operation of an Islamic Bank Under Conventional Banking Framework”, “Islamic Corporate Finance”, “Theory of Participating term Certificates”, “Muslim Attitudes Towards Islamic Finance”, “The Role of Public and Private Sector in Islamization of the Economy of Iran”, “Money and Growth in Islamic Economics”, “New Mangers in the Egyptian Public Sectors During the Nasser Era”. In all, ten prominent scholars share their valuable insights on their respective fields in this book.