This paper deals with the reality of development challenges in the Gulf Cooperation Council Countries (GCCC), and the impact of these on the future of Islamic banking. Using Causal Layered analysis (CLA), the hidden stories of economic development (ED) in the Gulf Cooperation Council (GCC) countries are unpacked. The three narratives presented here are that of the ED of GCC as: (1) Rentier State and Neopatrimonialism (2) Dubai-zation (3) Halal Economy.
Journal of Futures Studies / Vol. 20, No. 4, pp.41-60