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Monday, June 30, 2008

The 4th GCC Oil Boom Part 3: Understanding Islam

By Matthias Knab: In June 2008 I spent about one week in Dubai (my third visit), where I was chairing a three-day executive conference with central bankers, CEOs, CIOs, treasurers and other allocators. In a lose series of articles, I will share with you some of the insights gained at that conference.

It becomes quite obvious that the sheer amount of Petrodollars to be created in the 4th GCC Oil Boom (2002 - ????) (see Part 1 of this article series: `An embarrassment of riches` ($30 trillion until 2030) together with the rise of Islamic Finance as a new paradigm has the potential to profoundly change the global financial system, as we know it today.

Source:
The 4th GCC Oil Boom Part 3: Understanding Islam



The 4th GCC Oil Boom Part 3: Understanding Islam | The 4th GCC Oil Boom Part 3 | The GCC Oil Boom Part 3: Understanding Islam

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