Mulasmajic, Nusret2026-04-182026-04-182020https://repository.iou.edu.gm/handle/123456789/548This study aimed to assess the current state of intra-OIC trade agreement by examining its potential problems and prospects and to offer recommendations on ways to promote a successful and stable commercial corporation among the OIC member states. Although many studies have cited a prospect of intra-OIC commerce, there are still a dearth of viable policies and guidelines for establishing a robust and sustainable trade among the OIC member states. Many researchers have supported the establishment of Islamic Common Market. Their studies offer insightful fiscal and economic analyses of the present states of intra-OIC trade. However, there are still limited studies on the viable policies and guidelines to follow in establishing a robust and sustainable trade among the OIC member states. Thus, this study aims to fill this gap in literature. The study design employed for this case was a systematic literature survey. The thematic synthesis involved analyzing primary studies (both qualitative and quantitative) and drawing conclusions from those researches and even “going beyond” the initial findings to formulate new interpretations, which could inform policymaking. The researcher conducted electronic searches for qualitative and quantitative researches published on the establishments of OIC and ICM as well as the inception of intra-OIC commercial partnership, and between 2000 and 2019. The author assessed qualities of the selected studies using three standardized appraisal criteria and themes generated through thematic synthesis. The study uncovers that, since its inception, the intra-OIC trade agreement has remained unstable and unsuccessful in terms of enhancing economic development, eradicating poverty, creating employment, and promoting political understanding among the member countries. The failure, in large part, is attributable to poor trade and fiscal policies, narrow export bases, illicit fiscal flows, lack of creativity and innovation within the manufacturing and industrial sectors, prevalence of trade barriers, and political instability. The research recommends design and implementation of sound macroeconomic management policies, mobilizing and synergizing resources to boost sector production, outsourcing labor to enhance creativity and innovation, curbing illicit financial flows, offering discounts on tariffs, and broadening export base through product diversification.Thesis