IslamicFinance.de

Tengku Razaleigh Hamzah says we should not fall prey to over-optimism and entertain the illusion that Islamic banking and finance is immune from the effects of any great shift or turn in the forces and currents that shape the world— culturally, politically, socially or economically. Thus, we must continuously make the effort to monitor and understand the happenings in the world as well as the apparent and hidden forces giving rise to them. These include the civilizational crisis, globalization, the shift from the real economy to the financial economy and the rise of the global Occupy movement and the Arab Spring uprisings. In the mission to empower the global ummah economically, it is now quite obvious that the system of choice is the Islamic economic system.