The Rise of the Global Credit Economy Contributed by Prof. Dr. Nazeer Ahmed, PhD Civilization moves in epochs. In each epoch, the rules of competition are different. What drives the global civilization today is economic centralization, and the aristocrats of this drive are the bankers. The merchant, the industrialist, the soldier, the teacher and the mullah are all beholden to...

The Fatimid conquest of Egypt (969) was a defining moment in Islamic history. It destroyed any semblance of central authority in the Muslim world, provoked the reaction of the Turks as defenders of orthodox (Sunni) Islam, impelled the Omayyads in Spain to declare their own Caliphate, launched the powerful Murabitun revolution in western Africa, denied the Muslims their last chance to conquer...

It was a moment in history when the Islamic civilization opened its doors to new ideas from the East and from the West. The confident Muslims took these ideas and remolded them in a uniquely Islamic mold. Out of this caldron came Islamic art, architecture, astronomy, chemistry, mathematics, medicine, music, philosophy and ethics. Indeed the very process of Fiqh and its application to...

The Murabitun revolution was one of the few genuine mass movements in Islamic history. Growing out of the womb of Africa, it engulfed two continents and played a decisive role in historical developments in Africa and Spain alike. As a mass movement, European as well as Muslim scholars have studied it extensively. Ibn Khaldun used it as a basis for his theory of the rise and fall of...