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Maloney, Civan and Maloney (Public Choice, , this volume) extend the existing literature on the economics of religion in several important ways. First, they define the religious good. They then distinguish a sectarian break from a schism, provide some analysis of schisms in the Christian world, and finally, and most interestingly, provide a summary of the religious practices and schisms in Islam. The two main strengths of the paper, and the most promising paths for future research, lie in the definition of the religious good and in the exploration of Islamic practices. Maloney, Civan and Maloney offer a novel perspective from which light might be reflected back upon Christian schisms. [ABSTRACT FROM AUTHOR]

International marketing practices, embedded in a strong ethical doctrine, can play a vital role in raising the standards of business conduct worldwide, while in no way compromising the quality of services or products offered to customers, or surrendering the profit margins of businesses. Adherence to such ethical practices can help to elevate the standards of behavior and thus of living, of traders and consumers alike. Against this background, this paper endeavors to identify the salient features of the Islamic framework of International Marketing Ethics. In particular, it highlights the capabilities and strengths of this framework in creating and sustaining a strong ethical international marketing culture. At the heart of Islamic marketing is the principle of value-maximization based on equity and justice (constituting just dealing and fair play) for the wider welfare of the society. Selected key international marketing issues are examined from an Islamic perspective which, it is argued, if adhered to, can help to create a valueloaded global ethical marketing framework for MNCs in general, and establish harmony and meaningful cooperation between international marketers and Muslim target markets in particular. [ABSTRACT FROM AUTHOR]

Studies the economic system in Saudi Arabia as of 1977. Islamic economic doctrines which affect government policy; Dominant role of the government in the economy; Economic power derived by the government from oil revenues and their uses; Objectives, policies and investment criteria in economic planning; Fiscal and monetary instruments of development policy; Attitude of businessmen towards the mercantile system.