Islamic common market a step closer
Monday 03 October 2005, 7:36 Makka Time, 4:36 GMT
http://english.aljazeera.net/NR/exeres/95E93539-27BF-443E-A3C1-863A01F85C87.htm The first World Islamic Economic Forum has called for the establishment of an Islamic common market and floated a series of initiatives to boost business cooperation among Muslim nations.
...
Delegates called for governments to "consider the establishment of an Islamic Free Trade Agreement through regional and sub-regional FTAs in a step-by-step, time-bound process that would ultimately lead to an Islamic common market".
...
It also floated plans for a global Islamic businesswomen's network and an education trust to be funded by Muslim entrepreneurs emphasising science and information technology arenas.
...
The forum, which gathered over 500 delegates from 44 countries, including government officials and business leaders, was billed as the Davos of the Muslim world, after the the World Economic Forum in Davos, Switzerland.
So, is there a possibility of an unified Islamic currency, like the euro, in this case the gold dinar, in our future? Will there be petro dinars? How would this impact the dollar? Probably not in a positive way.