Islamic Economy Option: SWOT Case Study Analysis

Suzanna El Massah
Authors registered in the RePEc Author Service: Suzanna ElMassah

Advances in Management and Applied Economics, 2015, vol. 5, issue 3, 6

Abstract: The 21-century world has come up with new face that calls for innovative ways to gain power. Soft power is second face of power that allows obtaining desired result by attracting and co-opting others rather than coercing them. Islamic Economy deals with billions of dollars in several sectors that will be affected by Islamic based principles, which will have a massive effect on the worldwide trade. Currently, there is no Muslim society that strictly follows the entire Islamic laws.This paper investigates the feasibility of applying Islamic economic option within the conventional world economy. United Arab Emirates is one of those governments that seek unorthodox innovative solutions. It has recently launched Dubai, the Capital of Islamic Economy initiative. This paper analyses the merits for Dubai to achieve that title and it formulates strategies that Dubai should apply to achieve that goal.

Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.scienpress.com/Upload/AMAE%2fVol%205_3_6.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spt:admaec:v:5:y:2015:i:3:f:5_3_6

Access Statistics for this article

More articles in Advances in Management and Applied Economics from SCIENPRESS Ltd
Bibliographic data for series maintained by Eleftherios Spyromitros-Xioufis ().