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aub_admin December 23, 1989 14 Views

Mobilisation of Resources for Development

Distinguished Scholar & Founder

Professor Dr. Abul Hasan M. Sadeq
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

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:
  • 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.
This 1989 publication remains a cornerstone for scholars studying how value-based systems can solve the chronic problem of under-mobilized resources in developing nations.
Core Concepts: Resource Mobilization, AJISS, Macroeconomic Policy, Capital Formation, Developmental Ethics, International Social Sciences, AUB.