The First World Conference on Islamic Economics which was convened
by the Kingdom of Saudi Arabia and organized by Kint Abdelaziz University
in
Holy Mecca in Safar 139 February 1976 led to he creation of the World Center
for Research on Islamic Economics (as a part of King Abdelaziz University).
Similarly. the First World Conference on Fiqh which was convened by the
Kingdom of Saudi Arabia and organized by Imam Mohamed Ibn Saoud University
in Ryad in Do Lqiada. 1396/November 1976 led to the creation of a department
of Islamic Economics in the Sharia faculties. The department is intended
for the study of Islamic economics in four complete years and started operating
in the academic year 1399-1400 AH. Later this department became a separate
Faculty of Islamic Economics.
In addition to the above. the Commerce Faculty of the AI-Azhar University
took the initiative of setting up the "Sheikh Abdellah Kamil Center for
Research and Studies on Islamic Commerce” which delivers, in the name of
AI-Azhar University,master’s and doctoral degrees in Islamic economics.