New World Order University Forum

The World Islamic Economic Forum met in Jakarta from March 1 to 3. Islamic countries want to organize themselves into a free trade region, and they want to promote Islamic banking as an alternative to the failed Western banking model. Stories at Indonesia-Ottowa, BBC,  The Brunei Times, The Manila Times, and more background at Islamic Economics. Islamic banks have been relatively unaffected by the global banking crisis, and Islamic nations see the crisis as an opportunity to forge new trade alliances.

A dissenting view at Militant Islam Monitor. Nevertheless, Islam controls several governments and several major universities and has multinational cooperative agencies, which makes it the best-organized religion in the world.  Islam is a player on the global stage in a way that no other religion can match. Islam is confident that global trends favor its rise. The global financial crash will favor Islamic banking, regardless of whether the international bankers repair their global financial system or not. There is an alternative to the corrupt practices of Western banks, it is Islamic banking, and it is ready to become global.

Tags: Islamic banking, World Islamic Economic Forum

This entry was posted by Director on Thursday, March 12th, 2009 at 6:26 pm and is filed under Global Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.