• Why Jihad Watch?
  • About Robert Spencer and Staff Writers
  • FAQ
  • Books
  • Muhammad
  • Islam 101
  • Privacy

Jihad Watch

Exposing the role that Islamic jihad theology and ideology play in the modern global conflicts

70% of global population growth over the next 30 years will be in Muslim countries

Oct 3, 2013 3:04 pm By Robert Spencer

A prominent analyst of current affairs has written a book about how Muslim population growth is slowing, and that the Islamic world is in imminent danger of demographic collapse. That is nonsense, and dangerous nonsense, as it fosters complacency about the jihad threat that is certain only to grow in the coming decades.

“Muslim population growth faster than global rate,” from Emirates247, September 29:

Around 70 per cent of global population growth over the next 30 years will be in Muslim countries as the Muslim population of 1.6 billion is growing at twice the rate of the global population thus representing the fastest growing consumer segment in the world, said Russell Haworth, Managing Director, Middle East and North Africa, Thomson Reuters.

He said global Islamic banking assets, which stood at $1.3 trillion in 2011, are expected to reach $2 trillion in 2014 and have registered an average annual growth of 19 per cent over the last four years.

He added that the global market for halal food is estimated at $685 billion a year as the Muslim countries” food industry imports are valued at $126bn, 12 per cent of global food imports while the GCC food market was worth $83 billion in 2012, and is expected to rise to $106 billion by 2017.

Haworth further stressed that Muslim tourists globally represent a major niche market worth $126.1 billion in 2011 (excluding Hajj & Umrah) and is expected to grow at 4.8 per cent through 2020 which is higher than the global average growth rate of 3.8 per cent while the average global Muslim tourist spending is 12.3 per cent of the worldwide total as the market is expected to grow 20 per cent over next decade.

He was speaking at the first roundtable discussion for media on “What is the Islamic Economy?” as a prelude to the “Global Islamic Economy Summit” taking place in Dubai on November 25 and 26, 2013.

Other participants who addressed the media include Hamad Buamim, Director General, Dubai Chamber, Sayd Farook, Global Head of Islamic Finance, Thomson Reuters, Abdulhamid Evans, Head of Creative, Global Islamic Economy Summit (GIES).

Buamim apprised the media about Dubai’s ambitious vision of becoming the global capital of Islamic economy and finance under the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, and the efforts the emirate was making in that direction.

Under the patronage of His Highness, the Global Islamic Economy Summit’s vision is to become the catalyst of a new economic paradigm that positions Dubai as the capital of the Islamic economy and connects the world’s leading thinkers, policy makers and stakeholders to inspire projects and drive future investments in the $4 trillion Islamic economy, he said.

Highlighting the profile of Dubai as a growing global business and leisure destination, Buamim informed that the emirate is rightly poised to become the capital of the Islamic economy as it enjoys a strong private and public sector partnership and offers huge investment potential in various economic sectors.

Dubai is already enjoying a high status for Islamic banking and is in the process of enhancing halal food industry, trade policies and commercial laws, and Islamic tourism among other sectors and this Summit will provide the much-needed impetus to the future growth of the Islamic Economy, said Buamim.

The promotion and development of the Islamic Economy is the responsibility of Dubai, he said adding that the Summit will witness the launch of key initiatives and committees that will oversee the setting up of a centre for halal certification, application of R&D and new ways to address the needs of the consumers which will rightly serve the purpose of establishing Dubai as the centre of Islamic Economy in the world.

The Islamic Economy has huge untapped potential as it encompasses food, lifestyle, consumer products, education, standardisation, SME development, Islamic business frameworks and more. Dubai has significant advantages in these areas, or the potential to significantly expand and to form joint partnerships with global centres around the world, said Buamim….

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to print (Opens in new window)
  • Click to email this to a friend (Opens in new window)
  • More
  • Click to share on Skype (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Follow me on Facebook

Filed Under: Uncategorized


Learn more about RevenueStripe...

FacebookYoutubeTwitterLog in

Subscribe to the Jihad Watch Daily Digest

You will receive a daily mailing containing links to the stories posted at Jihad Watch in the last 24 hours.
Enter your email address to subscribe.

Please wait...

Thank you for signing up!
If you are forwarding to a friend, please remove the unsubscribe buttons first, as they my accidentally click it.

Subscribe to all Jihad Watch posts

You will receive immediate notification.
Enter your email address to subscribe.
Note: This may be up to 15 emails a day.

Donate to JihadWatch
FrontPage Mag

Search Site

Translate

The Team

Robert Spencer in FrontPageMag
Robert Spencer in PJ Media

Articles at Jihad Watch by
Robert Spencer
Hugh Fitzgerald
Christine Douglass-Williams
Andrew Harrod
Jamie Glazov
Daniel Greenfield

Contact Us

Terror Attacks Since 9/11

Archives

  • 2020
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2019
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2018
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2017
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2016
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2015
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2014
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2013
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2012
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2011
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2010
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2009
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2008
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2007
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2006
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2005
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2004
    • December
    • November
    • October
    • September
    • August
    • July
    • June
    • May
    • April
    • March
    • February
    • January
  • 2003
    • December
    • November
    • October
    • March

All Categories

You Might Like

Learn more about RevenueStripe...

Recent Comments

  • gravenimage on Iranian top dogs approve bill to end UN nuclear inspections, increase enrichment
  • OLD GUY on Biden vows to surrender to Iran, then negotiate
  • Peter Clemerson on New study reveals that Muslim religiosity strongly linked to hatred towards the West
  • Meena on India: Police make first arrest for ‘love jihad’ under new law
  • gravenimage on Uighur leader: ‘We’re actually quite worried’ about what Biden might let China get away with

Popular Categories

dhimmitude Sharia Jihad in the U.S ISIS / Islamic State / ISIL Iran Free Speech

Robert Spencer FaceBook Page

Robert Spencer Twitter

Robert Spencer twitter

Robert Spencer YouTube Channel

Books by Robert Spencer

Jihad Watch® is a registered trademark of Robert Spencer in the United States and/or other countries - Site Developed and Managed by Free Speech Defense

Content copyright Jihad Watch, Jihad Watch claims no credit for any images posted on this site unless otherwise noted. Images on this blog are copyright to their respective owners. If there is an image appearing on this blog that belongs to you and you do not wish for it appear on this site, please E-mail with a link to said image and it will be promptly removed.

Our mailing address is: David Horowitz Freedom Center, P.O. Box 55089, Sherman Oaks, CA 91499-1964

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.