Islamic societies have failed in the modern era for various reasons but the ultimate source is Islam itself. Islam is nomadic theft based religion and is not and should not be the basis of an economic system.
Why have Islamic societies failed in modern times ?
1 Political Stability India is a modern democracy with stable governance. Pakistan is most often run by warlords with attempts at democracy. China provides an example of a stable but non democratic government. Why should anyone risk investing resources in Syria or Lybia with erretic strongmen
2 Human Capital India values education and produces a skilled workforce. Pakistan exports its human capital and its educational system is noted for Madrassa type production of religious zealots. Most of the Pakistani Entrepenuers in America are Mohajairs who left India and then Pakistan to set up Businesses in America.
3 Coherent Law enforcement Muslim courts and law enforcement are notoriously corrupt.Potential investors have to deal with extortion and a series of never ending corruption.
India was not founded as a Hindu state and is ruled by civil law. It has many excellent institutions where students study real subjects. One could compare Israel and Egypt and reach the same point. Islam as the starting point of an economy is an
rx for disaster. The moral justifications of a caravan raider are not the basis for a coherent economy in the modern age.
Mr Beamish in 08, Ducky to the library and try to avoid the Marx section and 167 still seeking a labotomy.