News AnalysisOil as capital to build civilization
The words of the chairman of the Indonesia’s biggest Muslim organization Nahdlatul Ulama (NU) KH Said Agil Siradj over the possibilities of Muslim countries to use oil as such a capital in dealing with the hegemony of the West , as reported by this (NU Online) news portal, are really important to examine. From a large number of oil-producing countries of what called as the Organization of Petroleum Exporting Countries (OPEC) holding a meeting in Saudi Arabia over the weekend, it’s clear that most of its members are Muslim countries. Yet, with their abundant natural resources, Islamic countries including Indonesia have not yet addressed their economic demands. In consequence, there have been no such progress in education, health, and any other prosperity.
In dealing with the hike of the world oil prices, the oil-producing Muslim countries should ideally enjoy their oil's advantages, but in fact, they have still faced mounting oil prices. In turn, they would be in deep suffering more and more. Admitted or not, in 1970s under the leadership of charismatic King Faisal from Saudi Arabia, the OPEC has ever shocked the world and been able to control oil products and prices. But after being dominated by oil kings consisting of capitalists, the organization has had no power any mor
