In this issue we have a collection of very interesting articles. There is thelead article written by the late Professor Ismail al Faruqi, founding Presidentof the International Institute of Islamic Thought in Reston, Virginia, and thefirst President of the Association of Muslim Social Scientists in 1972. Thesetwo organizations, which are separate but work together as partners in Muslimscholarship in North America, are the sponsors of this journal.Dr. al Faruqi's contribution on the important question of world theologyintroduces a four-part presentation on aspects of the Islamization of Knowledge.Well-grounded in this field of knowledge and coming from a background whichclearly made him one of the few Muslim scholars capable of engaging in ameaningful dialogue with Western thinkers on their own ground, Professoral-Faruqi identifies the main areas of discourse and then offers a critical Islamicperspective on the problem.Following his article are two position papers on pressing current issues.The first is the piece written by S. Abdullah Schleifer, an American Muslimcurrently working and living in Cairo, Egypt. A prominent journalist withmany years of experience in the Middle East and elsewhere in the world,Schleifer looks at the needs, feasibility and limitations of an independent IslamicNews Agency. This piece is provocative and provides food for thought to thoseMuslims who are interested in the current debate on the New InternationalInformation Order (NIIO). The second paper deals with the operations ofmodern financial markets for stocks and bonds and its relevance to an Islamiceconomy. Written by Professor Raquib uz-Wan, it focuses on a very importantissue in the current discussion on Islamic economics.We regret to announce that Dr. Musa O.A. Abdul, a member of our AdvisoryEditorial Board has passed away due to natural causes. Students andfaculty of the University of Ibadan, Nigeria, and all others who came to knowhis work in Islamic studies will always benefit, inshallah, from his inspiringdevotion to the cause of Islam.We hope that this issue will continue the steady improvement in the qualityof this journal. We are determined, insha' Allah, to raise the quality of productionand the quality of scholarship in this journal. For this and other relatedreasons we call on all scholars who are interested in the Muslim World tosend in their comments and suggestions. Contributions are welcome fromall over the world ...