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Londonistan
is open for
business with the
Muslim world
Jonathan (Bilal) A.J. Wilson

Senior Lecturer & Course Leader,
University of Greenwich, London UK
Editor: Journal of Islamic Marketing,
Emerald Group Publishing.

WIEF Leaders

Day One
Muslim heavyweights
hit English soil

The 9 World Islamic Economic Forum (WIEF), held for the first time outside of the Muslim World
came to London at the end of October. At the opening ceremony, His Excellency, Professor Dr
Boediono, Vice President of Indonesia said:
“The world is a fast changing place where all sorts of novel interactions and new forms of
partnership are sprouting at the same time, we are also witnessing a growing number of conflicts
brewing in many parts of this planet. Many of such regions happen to be where our Muslim
brothers live.”
This article captures some of my thoughts and observations whilst covering the event - as a
Londoner with a press pass, busy blogging for the Huffington Post.
th

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The Forum, entitled ‘Changing Worlds,
New Relationships’, was jointly hosted by
the Governments of the United Kingdom
and Malaysia. 18 Global Leaders, 5 Central
Bank Governors, and more than 2,700
delegates from 128 countries came
together for three days.
The Mozlumms [sic] arrived for what
in many ways seems like a friendly cricket
test match. I use cricket as an analogy, as
it has always been a source of passion
1

and interest in parts of the former British
Commonwealth. For those of you that
don’t have a clue about cricket - then as my
brother-in-law once said to me, “Google is
your friend”.
So cricket term number one: no sledging,
just jolly good sport – although Hamid
Karzai, President of the Islamic Republic of
Afghanistan was able to slip in a quip about
Afghanis not tapping phones. Debates in
the UK about niqabs/veils, the place of
religious schools, immigration, race, and
beer at the football World Cup1 were put
on hold. This was about how UK plc can
pull off their claims of being the host with

the most.
Test match captain Prime Minister
David Cameron, supported by all-rounder
bowler and batsman, Mayor of London
Boris Johnson, declared that London was
open for business. We’re off the mark
and what could go wrong? We have our
best buddies Malaysia in the pavilion,
the event is being held at the London
ExCel Exhibition Centre [owned by Abu
Dhabi National Exhibitions Company
(ADNEC)], overlooking the Emirates Royal
Docks. So Londonistan, which is a term
I have hijacked as it usually has negative
connotations, is no longer a moniker for

http://www.huffingtonpost.com/james-dorsey/qatari-doubts-about-alcoh_b_1218472.html

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091
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a fear of kebabs and niqabs. We are now
witnessing the anointing of Londonistan as
a hub for the Muslim world – attractive for
is agile secular shari’ah friendly law, financial
services, and academic institutions.
One quarter of the world’s population
are Muslim, 60% of whom are under the
age of 24. The global Halal market2 is
current­y worth US$2.3 trillion, the global
l
Islamic finance sector will reach US$2
trillion by 2015, and the Middle East has
seen a 78% growth in brand value, based
on demands for Islamic banking products
and services. Muslims are reported as
the 3rd ‘next billion’ in terms of market
opportunity, following global interest in
Indian and Chinese billions. It’s also worth
mentioning that India has 160 million
Muslims and China has 50 million Muslims.
And of course let’s not forget Indonesia!
The ceremony was opened by a reci­
tation of the Qur’an [Chapter 4, verse 29],
which when translated read:
O you who have believed, do not consumer
one another’s wealth unjustly, instead only
engage [in lawful] business by mutual consent.
And do not kill yourselves [or one another].
Indeed, Allah is to you ever merciful.
Opening batsmen, Hon. Tun Musa Hitam
Chairman of WIEF, and Malaysian Prime
Minister H.E. Dato’ Sri Mohd Najib Tun
Abdul Razak, built a solid foundation setting the tone for the forum by scoring
runs highlighting four key areas of interest:
women, youth, education, and SMEs (small
and medium enterprises).
Dato’ Sri Mohd Najib dedicated a large
part of his keynote to the importance of
women (to a largely male and applauding
audience). He was pleased to announce
that two thirds of students in tertiary
education are women in Malaysia. Islam
was presented as offering encouragement
towards legal and financial independence.
He also relayed the story of Khadijah, the
first convert to Islam.
“Of all the merchants in Mecca, she was
the most successful; an entrepreneur who
managed an international trading empire. One
day, she hired a young man by the name of
Muhammad (peace be upon him), who she
would eventually marry.”
Muhammad was later to become that
Prophet Muhammad whom we are familiar
2

Boris Johnson

David Cameron and Hamid Karzai
with.
The batting line-up of distinguished
leaders opened up discussions further
- with Prime Ministers, Presidents and
Royalty from: Bahrain, Bangladesh, Bermuda,
Bosnia and Herzegovina, Brunei, Indonesia,
Iraq, Jordan, Kazakhstan, Kosovo, Kuwait,
Morocco, Pakistan, and Turkey.
Craig Cannonier, Premier of Bermuda
used his slot to throw Cameron a googly

http://read.pwc.com/i/190845/3 [See pp. 68-73]

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[another cricket term, meaning something
similar to the US term ‘curveball’], by
championing Bermuda as a safe haven for
Islamic finance - as the Island currently
occupies 36% of the global reinsurance
market, with 1,200 international companies
having licenses valued at US$450 billion.
The ascendance of English language is
also interesting. Of course English is the
worldwide language of business and Arabic

is the language of Islam. Arabic and English
are not the mother tongue of the majority
of Muslims, but English has moved into pole
position as being the language of choice to
communicate across nations. So, English has
grown in its importance in connection with
Islam - with only leaders from Morocco
and Kuwait choosing to deliver their
speeches in Arabic.
David Cameron came into the
auditorium just before lunch with a spring
in his step. When over three hours of

speeches was
making stomachs
rumble – David
took the batting
crease [or
podium if you’re
sick of my cricket analogies], unbuttoned
his jacket and threw the audience the
sizzling Halal meat they were waiting for.
David said,
“I don’t just want London to be a great
capital of Islamic finance in the Western world,
I want London to stand alongside Dubai and
Kuala Lumpur as one of the great capitals
of Islamic Finance anywhere in the World…
Today we have more banks compliant with
the principles of Islamic finance than any

other Western country…and just last week
we made new commitments to open up new
forms of student loans and business start-up
loans for Islamic students and entrepreneurs.”
And with that a confident Cameron
buttoned his jacket and like Elvis left the
podium with a twinkle in his eye.
So London is a place the Muslim world
wants to make its home. Women are seen as
being central to economic growth which is
grounded in a stronger code of ethics – or
as HRH Prince Charles called Islamic finance
at the gala dinner, Alternative finance. Or
maybe it’s the fact that my computer keeps
correcting my text every time I type WIEF,
with WIFE, that women managed to get so
many mentions in speeches.

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Day Two
Boris ‘raps’ about
smart cities and
economies of the
future

but imagine them as white-collar rappers
jostling to get their points across. To get
you warmed up, here are some lyrics from
New York’ finest, rapper Mos Def, taken
from his 1999 joint, ‘Fear not of man’:

On day two it’s clear that delegates are
loving London – and why not?! But what
‘brand’ should we be pushing – cities,
countries, or islands?
Recently, Andrew Marr’s BBC
documentary on ‘Mega Cities’3 presents an
interesting argument hailing the age of the
city as a unit of analysis. Prospect magazine4
explored the differences between London
and rest of the UK. Alan Yentob’s BBC
Jimi Hendrix documentary5 highlights the
counter culture cool in London, which
welcomed Hendrix and housed The
Beatles. And of course Tony Blair waved the
flag of Cool Britannia.
In fact more often than not, saying that
I live in London, and am Manchester born
and bred means more and carries more
brand equity when I travel overseas to the
East – especially in Indonesia, especially
post 9/11 and especially emerging from the
shadow of Bush’s ‘War on Terror’.
Now at WIEF, Messrs. Cameron and
Johnson were communicating the value of
the UK and London. So which carries more
weight? There are several UK Universities
that have opened London campuses,
especially to target overseas students.
They’ve witnessed how foreign students
see London as a creamier and cooler place
than some other parts. We had a successful
London 2012 Olympics - but a British
athletic team. And then there’s the roaring
British and Irish Lions rugby team. But
were the Beatles Liverpudlian or English?
This is now becoming a brand nightmare,
unless we begin the task of positioning our
portfolio of brands.
The Sovereign city-state Republic of
Singapore and Dubai Emirate operate a
blended brand identity, which allows them
to behave like branded nations and cities as
the occasion arises – so does it make sense
to start building the same architecture
around other cities too? Branding starts
with creating a concept, a compelling
narrative, and the art of storytelling.
Let’s fast-forward back to WIEF and look
at Cameron and Johnson. A crazy thought,

It’s a lot of things goin’ on y’all. 21st century
is comin’. 20th century almost done. A lot
of things have changed. A lot of things have
not, mainly us.We gon’ get it together right? I
believe that…
Well, from my understanding people get
better when they start to understand that, they
are valuable. And they not valuable because
they got a whole lot of money, or cause
somebody, think they sexy - but they valuable
cause they been created by God. And God,
makes you valuable. And whether or not you,
recognize that value is one thing,You got a lot
of socities and governments tryin’ to be God,
wishin’ that they were God.They wanna create
satellites and cameras everywhere and make
you think they got the all-seein’ eye.

let’s build up co-operation, and let’s do it in a
city that I’d like to think has grown considerably
since the time of Offa.

David Cameron’s WIEF speech spat facts
and stats like a machine-gunning king of
bling rapper:
We’ve got 1,800 political and business
leaders from over 115 countries here in
London - the most open and inclusive capital
on the planet – and the greatest centre for
Islamic finance in the Western world…From
the Huguenots in the 16th century - to Lloyds
of London, the world’s first insurance market
for trading in the 17th Century, from the
first international trading companies owned
by shareholders in the 18th century - to the
development of global foreign equities trading,
time and again, London has led the way.
When I talk about the City of London I also
mean the 20,000 jobs in financial services in
Bristol and in Glasgow; the 25,000 jobs in each
of Leeds, Manchester and Birmingham; and
the almost 35,000 jobs in Edinburgh.
Now Boris Johnson had bags of laid-back
swagger, metaphors and wordplay:
Who? Offa, King Offa…He knew his people
would flourish by trade with people in the
Muslim world…and indeed it was that Muslim
world in that period of the middle ages that
preserved so may of the glories of western
civilization…I want to renew the offer of Offa,
Offa’s offer I make again. Let’s build up trade,

The Muslim world loves the spoken
word. Analogies, allegories, and metaphors
punctuate Muslim poetry, philosophy
and the Qur’an. Islam is a religion that
celebrates the romantic link with stories of
Bedouins and nomads, withstanding harsh
conditions and the austere sands of the
desert, moving to create urban centres of
excellence and opulence – the gulf being
a recent case in practice, embodying this
mind-set of shifting cultural sands. The
transition, which has been described as
moving from the camel to the Cadillac, has
transformed the region into a globally
recognised hub of activity – ranging from
finance, sports, tourism and education.
Looking forward, I do believe we are
witnessing the end of iconic Mad Men
[from the US TV show] and the dawning
of Ahmad men. The Muslim world is less
about nations and more about tribes.
So should the UK get more tribal? Is this
what Boris Johnson meant by smart cities
and economies of the future? His reference
to the historical growth of London and its
development from a ‘ruin’ to the ‘best city
in the world’, based on Islamic interactions
in the 8th century during the reign of King
Offa (of Mercia), lays the foundations.
Plus, my colleagues at Markplus reliably
inform me that the English accent is cool.
Apparently, being able to talk like Harry
Potter, Hugh Grant, or James Bond is the
goal of many non-English native speakers.
Actually, us Brits always been tribal
and I think that the key to our global
success is going to be creating branding
and storytelling which is less about the
racially inflammatory Tebbit Test speech
of the past6, or even selling the idea of a
cultural melting pot – but is more about
a fluid nomadic identity. This is not a
branding zero-sum game, where we worry
about whether we lead with one branded
identity, but rather wealth creation through
preserving and celebrating the multiple
tribal identities that we have in our islands.
Some of our greatest exports like football
clubs and music groups tread that line. The
next phase is to make the transition from
hosting Muslim tribes of trade and industry

http://www.bbc.co.uk/programmes/b011qmcl
https://www.prospectmagazine.co.uk/magazine/editorial-another-country-census-britain/#.UnHgBI2LmHk
http://www.bbc.co.uk/programmes/b03gln7r
6
http://www.theguardian.com/uk/2004/jan/08/britishidentity.race
3
4
5

Artwork paintings by, Saba Barnard, USA [photographed by: Jonathan A.J.Wilson at the 9th WIEF]

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095
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and to join those nomadic tribes – robes,
batik, and all.

Day Three
Economics reframed
The focus of the last day was education,
women, health and microfinance. Former
Prime Minister of Malaysia, Tun Abdullah bin
Haji Ahmad Badawi opened the day with a
keynote, saying:
“We must prepare our education system
against secularism…Under the framework
of secularism, education is only seen as a
temporary measure…Knowledge from the
secular world view is just a means to an end.
As the western philosopher Francis Bacon said
– knowledge is power.This is in contrast to the
religious world-view which sees knowledge as
the highest virtue, and therefore is an end in
itself.”
The event finale was a rich MOCAFest
arts display, of 39 artists and creatives from
around the globe. WIEF showcased the
role that art, culture, and creativity play
in the lives of young people and within a
global economy - as a means for economic
empowerment and social enterprise. 
These are a signal of how the Muslim
world is now looking to define economics
from a broad-based perspective –
championing ideals of knowledge
transference, heritage, reciprocity, empathy,

femininity, transcendence, and spirituality.
Nothing unique you may say, as the rest of
the business world is moving this way – but
the significance and branding of faith in the
foreground is.

University of
Greenwich hosts
a post WIEF panel
session
On Friday 1st November we hosted
a panel session at the University of
Greenwich, at the Old Royal Naval College
- overlooking the Cutty Sark ship7, and
Canary Wharf’s financial district; with WIEF
across the water; and surrounded by our
graduating students from 140 countries.
Quite fitting as the World Heritage site
provided a backdrop that mirrored the
week’s WIEF experience.
I was joined on the panel by: Chair, Anwar
Zaidi, Chief Executive Officer of Habib Bank
plc UK; Baron, Lord Sheikh of Cornhill,Vice
Chair of the All Party Parliamentary Group
(APPG) on Islamic Finance and Diversity in
Financial Markets; Nigel Denison, Director
of the Bank of London and the Middle
East plc; and John Grant, author of ‘Made
With - The Emerging Alternative to Western
Brands’.
Our discussions started with a historical
overview of Islamic finance and banking –
picking up on my recent chats with Daud
Vicary Abdullah, President of INCEIF, who

calls for Islamic finance to rebrand itself
as ethical finance8; Abdalhamid Evans of
HalalFocus.com’s suggestion that Islamic
finance and the Halal food sector need to
converge9; and Raja Teh Maimunah, CEO
of Hong Leong Islamic Bank, who talks of
some prevailing misinformed mainstream
perceptions of higher risk and lack of full
secular legal cover.
Collective observations are that, in theory
and practice, culture plays a significant role
– drawn along lines of Muslim minority and
majority geographies; Arabic language natives
and non-natives; and of course the ‘I’ word
evoking fear [Islam].
John Grant offered case examples from
his book where he drawls parallels with the
Muslim world [which he calls the Interland]
and the rise of Japanese brands, like Sony
[whose name connoted smart, presentable
young men] - which manifested a desire to
change negative world perceptions towards
Japan. John states that,
“The typical Western brand is all about
authorship, personality, and identification; Made
By – (and for) the ego.The Interland brand
is born out of an ethic that distrusts the ego,
having a tradition of unsigned art, avoiding
icons.”
Following John’s points, I framed
discussions alongside other recent
phenomena, to get a sense of what the
future may bring10.
Following the 1945 occupation of Japan

http://en.wikipedia.org/wiki/Cutty_sark
http://www.amilin.tv/turning-point/turning-point-is-it-time-to-stop-calling-it-islamic-finance/
9
http://halalfocus.net/opinion-islamic-finance-and-food-sector-need-convergence/
10
Wilson, J.A.J., Belk, R.W., Bamossy, G.J., Sandikci, O., Kartajaya, H., Sobh, R., Liu, J. & Scott, L. (2013), “Crescent Marketing, Muslim Geographies and
Brand Islam: Reflections from the JIMA Senior Advisory Board”, Journal of Islamic Marketing,Vol.4 Iss.1, pp.22-50.
7
8

by the United States of America, and an
enforced change in the Japanese constitution
to becoming a pacifist nation; a dim view
was taken globally of the Japanese military’s
role in university and school curricula.
After a period of prohibition, Japan was
able to adapt the training and practice of
Martial Warfare successfully; towards an
acceptance of it being something which
became a national treasure: preserving
culture, espousing ideals of pacifism and
sporting excellence, and as an offering to
non-Japanese individuals – the birth of
Martial Arts. Comparisons can be made with
Bushido (the way of the samurai) and the
transformation from European practices of
the art chivalry in the Middle Ages, into a
sanitised romantic ideal of masculine codes
of conduct.
I also charted the roots of ‘cool’ and
how it migrated from of being a mask that
Africans created during the Atlantic slave
trade to project a sense of pride and grace
under pressure - into becoming a low
profile means of survival; later a youthful
rebellious alternative to class-based status
systems by all; and finally a commoditized
branded identity, embodied by ‘black’ music,
comedy, fashion, cosmetics, and sports11.
Now, some Muslim and non-Muslim
sources have argued that Western hedonism,
embodied by conspicuous branded
consumption and consumerism is opposed
to Islam. For me, this plays into the hands of
Samuel Huntington’s ‘Clash of Civilizations’.
He was right to identify the fact that many
cultures are based on religion - but his
11

thesis that Islam “and its bloody borders”
clash with most other civilizations and this
is the “real [Global] problem”, is something I
contest.
Whilst Muslims are under the
microscope: if this is accepted and
embraced positively and with a thick
skin, then there are potential long-term
gains for all. For in a relatively short time,
Afro-American culture, as an allegory, has
been commoditised and packaged with
great success and benefit to them and
wider communities. There is also evidence
of a more recent Afro-American Muslim
sub-culture, which is being embraced
throughout the Muslim world.
Therefore, I’m arguing that if the
Muslim faithful is to carry their caravan
mainstream, they have to remain mindful
of the various cultural, racial, and political
connotations associated with their faith;
and in terms of phenomenological patterns,
what we are experiencing here is nothing
new. I’m looking forward to the next WIEF
to be held next year in Dubai, and how an
Islam-based economic approach can rise
like a phoenix from the ashes of 9/11.

That horrible
hangover
I watched BBC’s ‘Sunday Politics
London’ show a couple of days later. They
mentioned WIEF briefly, but then moved
on swiftly to the niqab debate amongst
other things. What’s disappointing is that
rather than send cameras down to any

one of 3 days at WIEF, which had drawn in
some of the most active, enthusiastic and
accomplished professionals…they chose
to go to the London Borough of Tower
Hamlets, the worst area in the UK for child
poverty, to film the usual long lens sinister
cinematography shots of swarthy men
smoking outside of a mosque. The only
thing missing was 1980s TV programme
‘Equalizer’ style background synth music.
Then, to round it off presenter Andrew
Neil pummelled, pulverized and fried a
representative from the Muslim Council of
Britain (MCB), live.
Now I was being slightly tongue in cheek
when I was talking about holding niqab
news stories for a week earlier - but it
happened and it’s still filling other political
TV panel discussions!
It was disappointing that the BBC
devoted around a massive 21 minutes of
airtime in that show to Muslim ‘issues’. Why
not use some airtime to support moves
by Cameron and Johnson? Fine, I have no
issue with the stories covered - rather the
timing. And because of this was it: lazy, or
spiteful journalism; or the fact that positive
events at WIEF wouldn’t help their cause in
nailing down the coffin on the MCB?
So, the hangover cure has got to be that
the Muslim world and Asia comes back to
our choppy shores frequently with a wave
of friendship. We need to keep the feel
good vibe going on, about what’s up and
what’s going down - or events like this will
turn away from being an oasis of hope into
a desert of despair and disappointment.

Wilson, J.A.J. & Grant, J. (2013), “Islamic Marketing – a challenger to the classical marketing canon?”, Journal of Islamic Marketing,Vol.4 Iss.1, pp.7-21.

Photograph of the Business School, University of
Greenwich, Old Royal Naval College campus

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9th World Islamic Economic Forum, London 2013 write-up

  • 1. aestro aestro Londonistan is open for business with the Muslim world Jonathan (Bilal) A.J. Wilson
 Senior Lecturer & Course Leader, University of Greenwich, London UK Editor: Journal of Islamic Marketing, Emerald Group Publishing. WIEF Leaders Day One Muslim heavyweights hit English soil The 9 World Islamic Economic Forum (WIEF), held for the first time outside of the Muslim World came to London at the end of October. At the opening ceremony, His Excellency, Professor Dr Boediono, Vice President of Indonesia said: “The world is a fast changing place where all sorts of novel interactions and new forms of partnership are sprouting at the same time, we are also witnessing a growing number of conflicts brewing in many parts of this planet. Many of such regions happen to be where our Muslim brothers live.” This article captures some of my thoughts and observations whilst covering the event - as a Londoner with a press pass, busy blogging for the Huffington Post. th 090 / special edition / the-marketeers.com / / The Forum, entitled ‘Changing Worlds, New Relationships’, was jointly hosted by the Governments of the United Kingdom and Malaysia. 18 Global Leaders, 5 Central Bank Governors, and more than 2,700 delegates from 128 countries came together for three days. The Mozlumms [sic] arrived for what in many ways seems like a friendly cricket test match. I use cricket as an analogy, as it has always been a source of passion 1 and interest in parts of the former British Commonwealth. For those of you that don’t have a clue about cricket - then as my brother-in-law once said to me, “Google is your friend”. So cricket term number one: no sledging, just jolly good sport – although Hamid Karzai, President of the Islamic Republic of Afghanistan was able to slip in a quip about Afghanis not tapping phones. Debates in the UK about niqabs/veils, the place of religious schools, immigration, race, and beer at the football World Cup1 were put on hold. This was about how UK plc can pull off their claims of being the host with the most. Test match captain Prime Minister David Cameron, supported by all-rounder bowler and batsman, Mayor of London Boris Johnson, declared that London was open for business. We’re off the mark and what could go wrong? We have our best buddies Malaysia in the pavilion, the event is being held at the London ExCel Exhibition Centre [owned by Abu Dhabi National Exhibitions Company (ADNEC)], overlooking the Emirates Royal Docks. So Londonistan, which is a term I have hijacked as it usually has negative connotations, is no longer a moniker for http://www.huffingtonpost.com/james-dorsey/qatari-doubts-about-alcoh_b_1218472.html the-marketeers.com / special edition / / / 091
  • 2. aestro aestro a fear of kebabs and niqabs. We are now witnessing the anointing of Londonistan as a hub for the Muslim world – attractive for is agile secular shari’ah friendly law, financial services, and academic institutions. One quarter of the world’s population are Muslim, 60% of whom are under the age of 24. The global Halal market2 is current­y worth US$2.3 trillion, the global l Islamic finance sector will reach US$2 trillion by 2015, and the Middle East has seen a 78% growth in brand value, based on demands for Islamic banking products and services. Muslims are reported as the 3rd ‘next billion’ in terms of market opportunity, following global interest in Indian and Chinese billions. It’s also worth mentioning that India has 160 million Muslims and China has 50 million Muslims. And of course let’s not forget Indonesia! The ceremony was opened by a reci­ tation of the Qur’an [Chapter 4, verse 29], which when translated read: O you who have believed, do not consumer one another’s wealth unjustly, instead only engage [in lawful] business by mutual consent. And do not kill yourselves [or one another]. Indeed, Allah is to you ever merciful. Opening batsmen, Hon. Tun Musa Hitam Chairman of WIEF, and Malaysian Prime Minister H.E. Dato’ Sri Mohd Najib Tun Abdul Razak, built a solid foundation setting the tone for the forum by scoring runs highlighting four key areas of interest: women, youth, education, and SMEs (small and medium enterprises). Dato’ Sri Mohd Najib dedicated a large part of his keynote to the importance of women (to a largely male and applauding audience). He was pleased to announce that two thirds of students in tertiary education are women in Malaysia. Islam was presented as offering encouragement towards legal and financial independence. He also relayed the story of Khadijah, the first convert to Islam. “Of all the merchants in Mecca, she was the most successful; an entrepreneur who managed an international trading empire. One day, she hired a young man by the name of Muhammad (peace be upon him), who she would eventually marry.” Muhammad was later to become that Prophet Muhammad whom we are familiar 2 Boris Johnson David Cameron and Hamid Karzai with. The batting line-up of distinguished leaders opened up discussions further - with Prime Ministers, Presidents and Royalty from: Bahrain, Bangladesh, Bermuda, Bosnia and Herzegovina, Brunei, Indonesia, Iraq, Jordan, Kazakhstan, Kosovo, Kuwait, Morocco, Pakistan, and Turkey. Craig Cannonier, Premier of Bermuda used his slot to throw Cameron a googly http://read.pwc.com/i/190845/3 [See pp. 68-73] 092 / special edition / the-marketeers.com / / [another cricket term, meaning something similar to the US term ‘curveball’], by championing Bermuda as a safe haven for Islamic finance - as the Island currently occupies 36% of the global reinsurance market, with 1,200 international companies having licenses valued at US$450 billion. The ascendance of English language is also interesting. Of course English is the worldwide language of business and Arabic is the language of Islam. Arabic and English are not the mother tongue of the majority of Muslims, but English has moved into pole position as being the language of choice to communicate across nations. So, English has grown in its importance in connection with Islam - with only leaders from Morocco and Kuwait choosing to deliver their speeches in Arabic. David Cameron came into the auditorium just before lunch with a spring in his step. When over three hours of speeches was making stomachs rumble – David took the batting crease [or podium if you’re sick of my cricket analogies], unbuttoned his jacket and threw the audience the sizzling Halal meat they were waiting for. David said, “I don’t just want London to be a great capital of Islamic finance in the Western world, I want London to stand alongside Dubai and Kuala Lumpur as one of the great capitals of Islamic Finance anywhere in the World… Today we have more banks compliant with the principles of Islamic finance than any other Western country…and just last week we made new commitments to open up new forms of student loans and business start-up loans for Islamic students and entrepreneurs.” And with that a confident Cameron buttoned his jacket and like Elvis left the podium with a twinkle in his eye. So London is a place the Muslim world wants to make its home. Women are seen as being central to economic growth which is grounded in a stronger code of ethics – or as HRH Prince Charles called Islamic finance at the gala dinner, Alternative finance. Or maybe it’s the fact that my computer keeps correcting my text every time I type WIEF, with WIFE, that women managed to get so many mentions in speeches. the-marketeers.com / special edition / / / 093
  • 3. aestro aestro Day Two Boris ‘raps’ about smart cities and economies of the future but imagine them as white-collar rappers jostling to get their points across. To get you warmed up, here are some lyrics from New York’ finest, rapper Mos Def, taken from his 1999 joint, ‘Fear not of man’: On day two it’s clear that delegates are loving London – and why not?! But what ‘brand’ should we be pushing – cities, countries, or islands? Recently, Andrew Marr’s BBC documentary on ‘Mega Cities’3 presents an interesting argument hailing the age of the city as a unit of analysis. Prospect magazine4 explored the differences between London and rest of the UK. Alan Yentob’s BBC Jimi Hendrix documentary5 highlights the counter culture cool in London, which welcomed Hendrix and housed The Beatles. And of course Tony Blair waved the flag of Cool Britannia. In fact more often than not, saying that I live in London, and am Manchester born and bred means more and carries more brand equity when I travel overseas to the East – especially in Indonesia, especially post 9/11 and especially emerging from the shadow of Bush’s ‘War on Terror’. Now at WIEF, Messrs. Cameron and Johnson were communicating the value of the UK and London. So which carries more weight? There are several UK Universities that have opened London campuses, especially to target overseas students. They’ve witnessed how foreign students see London as a creamier and cooler place than some other parts. We had a successful London 2012 Olympics - but a British athletic team. And then there’s the roaring British and Irish Lions rugby team. But were the Beatles Liverpudlian or English? This is now becoming a brand nightmare, unless we begin the task of positioning our portfolio of brands. The Sovereign city-state Republic of Singapore and Dubai Emirate operate a blended brand identity, which allows them to behave like branded nations and cities as the occasion arises – so does it make sense to start building the same architecture around other cities too? Branding starts with creating a concept, a compelling narrative, and the art of storytelling. Let’s fast-forward back to WIEF and look at Cameron and Johnson. A crazy thought, It’s a lot of things goin’ on y’all. 21st century is comin’. 20th century almost done. A lot of things have changed. A lot of things have not, mainly us.We gon’ get it together right? I believe that… Well, from my understanding people get better when they start to understand that, they are valuable. And they not valuable because they got a whole lot of money, or cause somebody, think they sexy - but they valuable cause they been created by God. And God, makes you valuable. And whether or not you, recognize that value is one thing,You got a lot of socities and governments tryin’ to be God, wishin’ that they were God.They wanna create satellites and cameras everywhere and make you think they got the all-seein’ eye. let’s build up co-operation, and let’s do it in a city that I’d like to think has grown considerably since the time of Offa. David Cameron’s WIEF speech spat facts and stats like a machine-gunning king of bling rapper: We’ve got 1,800 political and business leaders from over 115 countries here in London - the most open and inclusive capital on the planet – and the greatest centre for Islamic finance in the Western world…From the Huguenots in the 16th century - to Lloyds of London, the world’s first insurance market for trading in the 17th Century, from the first international trading companies owned by shareholders in the 18th century - to the development of global foreign equities trading, time and again, London has led the way. When I talk about the City of London I also mean the 20,000 jobs in financial services in Bristol and in Glasgow; the 25,000 jobs in each of Leeds, Manchester and Birmingham; and the almost 35,000 jobs in Edinburgh. Now Boris Johnson had bags of laid-back swagger, metaphors and wordplay: Who? Offa, King Offa…He knew his people would flourish by trade with people in the Muslim world…and indeed it was that Muslim world in that period of the middle ages that preserved so may of the glories of western civilization…I want to renew the offer of Offa, Offa’s offer I make again. Let’s build up trade, The Muslim world loves the spoken word. Analogies, allegories, and metaphors punctuate Muslim poetry, philosophy and the Qur’an. Islam is a religion that celebrates the romantic link with stories of Bedouins and nomads, withstanding harsh conditions and the austere sands of the desert, moving to create urban centres of excellence and opulence – the gulf being a recent case in practice, embodying this mind-set of shifting cultural sands. The transition, which has been described as moving from the camel to the Cadillac, has transformed the region into a globally recognised hub of activity – ranging from finance, sports, tourism and education. Looking forward, I do believe we are witnessing the end of iconic Mad Men [from the US TV show] and the dawning of Ahmad men. The Muslim world is less about nations and more about tribes. So should the UK get more tribal? Is this what Boris Johnson meant by smart cities and economies of the future? His reference to the historical growth of London and its development from a ‘ruin’ to the ‘best city in the world’, based on Islamic interactions in the 8th century during the reign of King Offa (of Mercia), lays the foundations. Plus, my colleagues at Markplus reliably inform me that the English accent is cool. Apparently, being able to talk like Harry Potter, Hugh Grant, or James Bond is the goal of many non-English native speakers. Actually, us Brits always been tribal and I think that the key to our global success is going to be creating branding and storytelling which is less about the racially inflammatory Tebbit Test speech of the past6, or even selling the idea of a cultural melting pot – but is more about a fluid nomadic identity. This is not a branding zero-sum game, where we worry about whether we lead with one branded identity, but rather wealth creation through preserving and celebrating the multiple tribal identities that we have in our islands. Some of our greatest exports like football clubs and music groups tread that line. The next phase is to make the transition from hosting Muslim tribes of trade and industry http://www.bbc.co.uk/programmes/b011qmcl https://www.prospectmagazine.co.uk/magazine/editorial-another-country-census-britain/#.UnHgBI2LmHk http://www.bbc.co.uk/programmes/b03gln7r 6 http://www.theguardian.com/uk/2004/jan/08/britishidentity.race 3 4 5 Artwork paintings by, Saba Barnard, USA [photographed by: Jonathan A.J.Wilson at the 9th WIEF] 094 / special edition / the-marketeers.com / / the-marketeers.com / special edition / / / 095
  • 4. aestro aestro and to join those nomadic tribes – robes, batik, and all. Day Three Economics reframed The focus of the last day was education, women, health and microfinance. Former Prime Minister of Malaysia, Tun Abdullah bin Haji Ahmad Badawi opened the day with a keynote, saying: “We must prepare our education system against secularism…Under the framework of secularism, education is only seen as a temporary measure…Knowledge from the secular world view is just a means to an end. As the western philosopher Francis Bacon said – knowledge is power.This is in contrast to the religious world-view which sees knowledge as the highest virtue, and therefore is an end in itself.” The event finale was a rich MOCAFest arts display, of 39 artists and creatives from around the globe. WIEF showcased the role that art, culture, and creativity play in the lives of young people and within a global economy - as a means for economic empowerment and social enterprise.  These are a signal of how the Muslim world is now looking to define economics from a broad-based perspective – championing ideals of knowledge transference, heritage, reciprocity, empathy, femininity, transcendence, and spirituality. Nothing unique you may say, as the rest of the business world is moving this way – but the significance and branding of faith in the foreground is. University of Greenwich hosts a post WIEF panel session On Friday 1st November we hosted a panel session at the University of Greenwich, at the Old Royal Naval College - overlooking the Cutty Sark ship7, and Canary Wharf’s financial district; with WIEF across the water; and surrounded by our graduating students from 140 countries. Quite fitting as the World Heritage site provided a backdrop that mirrored the week’s WIEF experience. I was joined on the panel by: Chair, Anwar Zaidi, Chief Executive Officer of Habib Bank plc UK; Baron, Lord Sheikh of Cornhill,Vice Chair of the All Party Parliamentary Group (APPG) on Islamic Finance and Diversity in Financial Markets; Nigel Denison, Director of the Bank of London and the Middle East plc; and John Grant, author of ‘Made With - The Emerging Alternative to Western Brands’. Our discussions started with a historical overview of Islamic finance and banking – picking up on my recent chats with Daud Vicary Abdullah, President of INCEIF, who calls for Islamic finance to rebrand itself as ethical finance8; Abdalhamid Evans of HalalFocus.com’s suggestion that Islamic finance and the Halal food sector need to converge9; and Raja Teh Maimunah, CEO of Hong Leong Islamic Bank, who talks of some prevailing misinformed mainstream perceptions of higher risk and lack of full secular legal cover. Collective observations are that, in theory and practice, culture plays a significant role – drawn along lines of Muslim minority and majority geographies; Arabic language natives and non-natives; and of course the ‘I’ word evoking fear [Islam]. John Grant offered case examples from his book where he drawls parallels with the Muslim world [which he calls the Interland] and the rise of Japanese brands, like Sony [whose name connoted smart, presentable young men] - which manifested a desire to change negative world perceptions towards Japan. John states that, “The typical Western brand is all about authorship, personality, and identification; Made By – (and for) the ego.The Interland brand is born out of an ethic that distrusts the ego, having a tradition of unsigned art, avoiding icons.” Following John’s points, I framed discussions alongside other recent phenomena, to get a sense of what the future may bring10. Following the 1945 occupation of Japan http://en.wikipedia.org/wiki/Cutty_sark http://www.amilin.tv/turning-point/turning-point-is-it-time-to-stop-calling-it-islamic-finance/ 9 http://halalfocus.net/opinion-islamic-finance-and-food-sector-need-convergence/ 10 Wilson, J.A.J., Belk, R.W., Bamossy, G.J., Sandikci, O., Kartajaya, H., Sobh, R., Liu, J. & Scott, L. (2013), “Crescent Marketing, Muslim Geographies and Brand Islam: Reflections from the JIMA Senior Advisory Board”, Journal of Islamic Marketing,Vol.4 Iss.1, pp.22-50. 7 8 by the United States of America, and an enforced change in the Japanese constitution to becoming a pacifist nation; a dim view was taken globally of the Japanese military’s role in university and school curricula. After a period of prohibition, Japan was able to adapt the training and practice of Martial Warfare successfully; towards an acceptance of it being something which became a national treasure: preserving culture, espousing ideals of pacifism and sporting excellence, and as an offering to non-Japanese individuals – the birth of Martial Arts. Comparisons can be made with Bushido (the way of the samurai) and the transformation from European practices of the art chivalry in the Middle Ages, into a sanitised romantic ideal of masculine codes of conduct. I also charted the roots of ‘cool’ and how it migrated from of being a mask that Africans created during the Atlantic slave trade to project a sense of pride and grace under pressure - into becoming a low profile means of survival; later a youthful rebellious alternative to class-based status systems by all; and finally a commoditized branded identity, embodied by ‘black’ music, comedy, fashion, cosmetics, and sports11. Now, some Muslim and non-Muslim sources have argued that Western hedonism, embodied by conspicuous branded consumption and consumerism is opposed to Islam. For me, this plays into the hands of Samuel Huntington’s ‘Clash of Civilizations’. He was right to identify the fact that many cultures are based on religion - but his 11 thesis that Islam “and its bloody borders” clash with most other civilizations and this is the “real [Global] problem”, is something I contest. Whilst Muslims are under the microscope: if this is accepted and embraced positively and with a thick skin, then there are potential long-term gains for all. For in a relatively short time, Afro-American culture, as an allegory, has been commoditised and packaged with great success and benefit to them and wider communities. There is also evidence of a more recent Afro-American Muslim sub-culture, which is being embraced throughout the Muslim world. Therefore, I’m arguing that if the Muslim faithful is to carry their caravan mainstream, they have to remain mindful of the various cultural, racial, and political connotations associated with their faith; and in terms of phenomenological patterns, what we are experiencing here is nothing new. I’m looking forward to the next WIEF to be held next year in Dubai, and how an Islam-based economic approach can rise like a phoenix from the ashes of 9/11. That horrible hangover I watched BBC’s ‘Sunday Politics London’ show a couple of days later. They mentioned WIEF briefly, but then moved on swiftly to the niqab debate amongst other things. What’s disappointing is that rather than send cameras down to any one of 3 days at WIEF, which had drawn in some of the most active, enthusiastic and accomplished professionals…they chose to go to the London Borough of Tower Hamlets, the worst area in the UK for child poverty, to film the usual long lens sinister cinematography shots of swarthy men smoking outside of a mosque. The only thing missing was 1980s TV programme ‘Equalizer’ style background synth music. Then, to round it off presenter Andrew Neil pummelled, pulverized and fried a representative from the Muslim Council of Britain (MCB), live. Now I was being slightly tongue in cheek when I was talking about holding niqab news stories for a week earlier - but it happened and it’s still filling other political TV panel discussions! It was disappointing that the BBC devoted around a massive 21 minutes of airtime in that show to Muslim ‘issues’. Why not use some airtime to support moves by Cameron and Johnson? Fine, I have no issue with the stories covered - rather the timing. And because of this was it: lazy, or spiteful journalism; or the fact that positive events at WIEF wouldn’t help their cause in nailing down the coffin on the MCB? So, the hangover cure has got to be that the Muslim world and Asia comes back to our choppy shores frequently with a wave of friendship. We need to keep the feel good vibe going on, about what’s up and what’s going down - or events like this will turn away from being an oasis of hope into a desert of despair and disappointment. Wilson, J.A.J. & Grant, J. (2013), “Islamic Marketing – a challenger to the classical marketing canon?”, Journal of Islamic Marketing,Vol.4 Iss.1, pp.7-21. Photograph of the Business School, University of Greenwich, Old Royal Naval College campus 096 / DEC 2013 / the-marketeers.com / / the-marketeers.com / DEC 2013 / / / 097