Islam and the Impact of Globalization

1. Globalization and Islam
1. Muhammad Usman ( 24130 )
2. Saqlain Ahmed ( 23751 )
 Iqra University Islamabad Campus

2. Reason
 Mostly discussed around
the world.
 Widely common activity in
recent time.
 Globalization huge affects
on religion.
 Islamic values.
 Image of Islam.

3. Globalization
 It's a process by which goods, services, capital,
people, information and ideas flow across borders.
 Integration of various cultures,styles,economic
policies and ideas.

4. Free Trade Agreements
 Rich capitalist countries have always been
promoted global free trade as a way of increasing
their own wealth.
 WB, IMF.

5. Global Banking
 Modern communication technology allows vast
amount of capital to flow freely throughout the
world through international stock exchanges.
 Billions and Trillions are transacted everyday.

6. Multinational Companies (MNCs)
The rapid growth of big MNCs such as Mc Donalds,Nike
and Microsoft are an example of globalization.

7. Globalization as Cause of Terrorism
Globalization can also cause terrorism due to refugees
as well as brainwashing minds of people by
international agencies.

8. Islamic values
 Human Right
 Financial System
 Spiritualism
 Being kind To Other
 Culture

9. Image of Islam Today
 Terrorism
 Inflexible
 Ignore Females Right
 Anti Globalization
 Anti Modernization

10. Impact of Globalization on Islamic
Countries
 Anti Islamic Products. Alcohol Drugs, Pork Meat.
 Insecurity of Cultural Heritage.
 Following Western Ideas.
 Survival Struggle Increase.
 Clash of Civilization.
 Fear of Foreign Investors.

11. Conclusion
Islam isn’t against globalization, but have a
strong grip on Islamic fundamental rules.
Globalization has great impact on Islam as
people and cultures move across the globe and
ideas are mobilized.
Globalization Lead to Westernization; it
Declines Religious, Moral and Ethical Values.
Family System are Disintegrated because of
Globalization. High rate of Divorce and
increase in the Conflicts. Drugs and Suicide,, as
well as confusion about Self Identity.