Distinguished Scholar & Founder
Professor Dr. Abul Hasan M. Sadeq
Founder & Founder Vice Chancellor
Asian University of Bangladesh (AUB)
Founder & Founder Vice Chancellor
Asian University of Bangladesh (AUB)
Journal Publication
Journal: The American Journal of Islamic Social Sciences (AJISS)
Vol/Issue: Vol. 6, No. 2 (December 1989)
Region: United States / International
Vol/Issue: Vol. 6, No. 2 (December 1989)
Region: United States / International
Pioneering Macroeconomic Strategy
In this critically acclaimed article published in the American Journal of Islamic Social Sciences, Professor Dr. Abul Hasan M. Sadeq provides a rigorous macroeconomic framework for resource mobilization within an Islamic economy. This research was pivotal in shifting the discourse from purely theoretical ethics to practical developmental strategies.
Key Research Pillars:
Key Research Pillars:
- Dynamic Resource Allocation: The paper argues that resources in an Islamic system are not merely "available" but must be actively mobilized through divine incentives and institutional structures to ensure zero-waste and maximum social utility.
- Incentive Mechanisms: Professor Sadeq identifies how the Islamic code—including the prohibition of hoarding and the mandate of circulation—acts as a powerful economic catalyst, compelling capital to move from idle savings to productive investment.
- The Spiritual-Material Nexus: A breakthrough concept in this paper is the justification of material resource use for spiritual development, asserting that building educational, moral, and social institutions is a prerequisite for both economic growth and spiritual salvation.
- Global Developmental Impact: By presenting these ideas in a major American academic journal, Professor Sadeq successfully integrated Islamic economic perspectives into the broader global dialogue on international development and fiscal policy.
Core Concepts: Resource Mobilization, AJISS, Macroeconomic Policy, Capital Formation, Developmental Ethics, International Social Sciences, AUB.