The Second International Conference on Ethico-Economics was organizedby the Centre of Humanomics at the UniverSity College of Cape Breton,Sydney, NS, Canada, on October 11-12, 1991. It turned out to be a great success,as the fourteen university professors and research scholars from America,Canada, and overseas were active participants in the sessions. There werefive sessions and three invited luncheon and dinner sessions. The conferenceproved to be of a rigorously analytical nature, as its purpose was to inquireinto the ethical foundations of the theory and policy of economic reasoningand socioeconomic development.The objective of the conference was to intensify the Scientific ResearchProgram (SRP) launched by a group of university professors and researchscholars, an undertaking which seeks to discover the analytical and appliedroots and possibilities of treating ethics endogenously in socioeconomicsystems. The latitude is extended to comprehend the socioscientific systemas well. The First International Conference on Ethico-Econornics, held atSydney, NS, Canada, in 1989, inquired into the subject of “The EpistemologicalFoundations of Social Theory.”Among the papers presented and extensively discussed in critical length -an expressed style of this SRP group to evolve a scientific theory and applicationof ethics as endogenous elements of the socioeconomic and socioscientificorders-were two papers on Islamic economics. Mohammad Ansari, ofAthabasca University, Athabasca, AL, Canada, dealt with the question ofthe Islamic concept of rationality being different from the neoclassical conceptof rationality. Salah el-Sheikh of St. Francis Xavier University, Antigonish,NS, Canada, discussed the process of knowledge formation in the Islamicapproach to the study of economics ...