The paper highlights the nature of the dual challenges of globalisation and regionalism and spells out the basic economic characteristics of the OIC region (54 member countries, 31 of whom belong to high- and middle-income groups). It finally offers suggestions to enhance the region's capacity...

The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man's economic endeavours should be motivated by a meaningful moral philosophy. In the face of the challenges...