GREAT OPPORTUNITIES IN OIC BASED MUSLIM COUNTRIES
Expert contact request from King Fahd University of Petroleum & Minerals: Mohammed Alzahrani
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Reply letter:
World Trade & Investment (Halal) Cooperation (WTIC)
2005/2123,North Mughaltooly by Lane, West Madarbari
https:/www.pinterest.com/ramzanctg60/the-world-trade-investment-cooperation-pvtltd/
https://wtic1446.blogspot.com/ E-mail:irrstc1820@gmail.com
Goals and objectives: "Our product is for the whole
world"-plays a role in implementing with the P2P, O2O, and G2G system with a view to formation “Free World Economic
Order” for securing economical self -reliance as well as world service.
Nahmaduhu Wanusalli A’laa Rosoolihil Kareem
. بِسۡمِ ٱللهِ ٱلرَّحۡمَـٰنِ ٱلرَّحِيمِِ ◯
1. In the name of God, Most Gracious, Most Merciful.
٢. ٱلۡحَمۡدُ لِلَّهِ رَبِّ ٱلۡعَـٰلَمِينَِ ◯
2. Praise be to Allah,
The Cherisher and Sustainer of the Worlds ;
(https://quranyusufali.com/1/)
السلام عليكم ورحمة الله
وبركاته
Assalamualaikum Warahmatullahi
Wabarakatuh
“Peace be upon you and Allah’s mercy and blessings.”
https://www.pinterest.com/ramzanctg60/dua-blessing-in-light-of-holy-quran-sunnah-1442/
We know that UK Prime Minister Keir Starmer has declared that a 'trade war' has already begun around the world. However, when Europe introduced the euro against the dollar and when China introduced the New Economic World Order before the end of the Soviet Union, that is, towards the end of the 20th century, the "World Trade War" that has only just reached its peak began.
In this situation, we do not know whether there is
an alternative to the economic liberation of the Muslim world other than the
implementation of the following verse from the poet's memorable poem:
“If you want something from someone, do not rely on others and stand on your own feet with depending on the help of Allah” (Islamic revival poet Farrukh Ahamad, Bangladesh.
So, a small research report on the duties of the
Muslim world based on the ongoing global economy, written by the World Trade
& Investment (Halal) Cooperation (WTIC), is presented below for the kind
information of the Research Center of King Fahad University:
By the infinite mercy of Allah Almighty, from the thirties of the last century to the present, the oil-rich Middle East Muslim countries of the OIC, including Saudi Arabia, have been supplying the oil that drives the wheels of the world economy.
In the future, so that we can strengthen our knowledge-based economic structure, it is important to prioritize the practice of genetic research in the Muslim world to ensure bumper yields of products produced in Muslim countries based on the slogan "Our products are for the whole world."
It is worth noting that the world's third largest
OIC included Muslim country, Bangladesh, has the world's largest sea-bound vast
area in Kumira, Sandwip, Sagarika, Patenga, Bashkhali, Cox's Bazar, Saint
Martin, Nijhum Island, Teknaf, Bhola, and Hatia.
In which there are fertile areas for the extraction
of valuable mineral resources including marine fisheries, maritime ports,
tourist centers. There are wonderful areas for business and tourism, including inland
waterway ports, centered on various rivers including Karnaphuli, Muhuri, Feni,
Meghna, Brahmaputra, Padma, Jamuna and Buriganga.
It is worth noting that the Bangladesh government
declared Bangladesh "open to global investment" at the International
Investment Conference held in Dhaka in April 2025.
Conclusion: Based on the existing internal resources
of the 57-member based OIC included Muslim countries located in Asia, Africa,
Europe and Latin America, may be established a common “ISLAMIC ECONOMIC Community
(IEC) modeled after the European Economic Community (EEC)
And following the Euro and Dollar, the "Islamic Rial" or "Islamic Dinar" could be introduced as a common currency so that we can play a unique role in global service by opening our products to the whole world.وَمَا تَوْفِيقِي إِلَّا بِاللَّـهِ ۚ
And my success (in my task) Can only come
from Allah.
(Source: Sūra 11: Hūd (The Prophet Hūd),
Ayat: 88, https://quranyusufali.com/11/)
Yours faithfully (Muhammad Sheikh Ramzan Hossain) Research Director,Research Center, World Trade & Investment (Halal) Cooperation (WTIC) and Editor: The Business News.
GREAT OPPORTUNITY IN BANGLADESH
The green gold of BD: a sustainable investment
opportunity
Md. Touhidul Alam Khan and Lutfor Rahman | April 19, 2025 00:00:00
n an era where sustainability is no longer optional but essential, bamboo has emerged as a versatile, eco-friendly, and economically viable resource. Known as "green gold," bamboo is fast becoming a cornerstone of global sustainable development. With its rapid growth, diverse applications, and environmental benefits, bamboo offers a unique opportunity for countries to balance economic growth with ecological preservation. Bangladesh, with its favourable climate, rich biodiversity, and growing demand for sustainable products, is uniquely positioned to become a global leader in the bamboo industry. This article explores why investing in Bangladesh's bamboo sector is not only a sustainable choice but also a profitable one.
WHY BAMBOO: Bamboo is no ordinary plant. It is a fast-growing grass that matures in just 3-5 years, compared to decades for traditional timber. Some bamboo species can grow up to 91 cm per day, making it one of the fastest-growing plants on Earth. This rapid growth ensures quick returns on investment, making bamboo an attractive option for sustainable development. Bamboo's versatility is unmatched. It is used in construction, furniture, textiles, paper, biofuels, and even food products like bamboo rice and bamboo leaf tea. Its strength and durability make it an excellent alternative to wood, reducing deforestation pressures. Moreover, bamboo's ability to sequester carbon and prevent soil erosion aligns with global efforts to combat climate change, making it an environmentally friendly choice.
BANGLADESH'S BAMBOO POTENTIAL: Bangladesh is a land of natural abundance, and bamboo is no exception. The country is home to over 30 native bamboo species, thriving in its tropical climate. The bamboo sector already contributes $200 million annually to the economy and employs over 1.5 million people, primarily in rural areas. This employment is vital for rural development, providing livelihoods to some of the country's most vulnerable populations. With strategic investment, the bamboo sector has the potential to create an additional 500,000 jobs by 2030. This would not only boost the economy but also contribute to poverty alleviation and social development. Recognising this potential, the Bangladeshi government has allocated $10 million for bamboo sector development under the 8th Five-Year Plan (2021-2025). Combined with tax breaks and subsidies for green industries, this creates a favorable investment climate.
GLOBAL MARKET TRENDS: The global bamboo market is booming, driven by increasing consumer demand for sustainable and eco-friendly products. According to market research, the global bamboo market is projected to reach $98.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.5 per cent. This growth is fueled by the rising popularity of bamboo-based products in construction, furniture, textiles, and even food industries. Bangladesh is well-positioned to tap into this growing market. In 2022, the country exported bamboo products worth $15 million, primarily to Europe and the Middle East. Key export products include furniture, handicrafts, and flooring, which are highly sought after in international markets. With increasing global awareness of sustainability, the demand for bamboo products is expected to rise, presenting a lucrative opportunity for Bangladeshi exporters.
DIVERSIFIED BAMBOO PRODUCTS: The bamboo sector offe rs immense potential for diversification. Beyond traditional uses in construction and furniture, bamboo is being transformed into a wide range of value-added products:
Bamboo Rice: Rich in antioxidants, vitamins, and minerals, bamboo rice is gaining popularity as a health food. Its low glycemic index makes it suitable for diabetics, and the growing demand for organic foods further boosts its market potential.
Bamboo Salt: Known for its detoxifying properties and rich mineral content, bamboo salt is particularly popular in South Korea and is gaining traction globally.
Bamboo Leaf Tea: High in antioxidants and flavonoids, bamboo leaf tea supports heart health and reduces inflammation. With the increasing demand for herbal teas, this product has substantial market potential.
Bamboo Wood Boards: Used in construction, furniture, and packaging, bamboo wood boards are an eco-friendly alternative to traditional wood.
ENVIRONMENTAL BENEFITS: Bamboo's environmental benefits are perhaps its most compelling feature. As a highly efficient carbon sink, bamboo absorbs 12 tons of CO2 per hectare annually, compared to just 2.5 tons for trees. With 60,000 hectares of bamboo plantations, Bangladesh sequesters 720,000 tons of CO2 each year, contributing significantly to climate change mitigation. Additionally, bamboo plays a crucial role in soil conservation. Its extensive root system prevents soil erosion, particularly in hilly regions, and improves soil health by increasing organic matter and nutrient content. Bamboo's ability to grow in degraded soils makes it an excellent tool for land restoration and sustainable agriculture.
CARBON TRADING POTENTIAL: Bamboo plantations can generate carbon credits under the Clean Development Mechanism (CDM), contributing to the global carbon market, which was valued at $851 billion in 2021. Carbon credits are tradable certificates representing the reduction of one ton of CO2 emissions. By investing in bamboo plantations, businesses can earn carbon credits, which can then be sold to companies looking to offset their carbon emissions. Bangladesh has the potential to earn $50 million annually from carbon trading by 2030. This additional revenue stream enhances the economic viability of bamboo investments, making it an even more attractive option for investors.
GOVERNMENT SUPPORT: Bangladeshi government has recognised the potential of the bamboo sector and is actively supporting its development. Under the 8th Five-Year Plan (2021-2025), the government has allocated $10 million for bamboo sector development. This funding is being used to promote research, improve cultivation techniques, and develop value-added products. Additionally, the government offers tax breaks and subsidies for green industries, creating a favourable investment climate.
KEY INVESTMENT ADVANTAGES
Sustainable Alternative: Bamboo can replace iron bars, plain sheets, plastics, and other materials, offering significant environmental benefits. Low-Cost Financing: Entrepreneurs in the bamboo sector can secure loans at subsidized interest rates (5.00% or even lower) under various refinance schemes.
Credit Guarantee Support: Lack of collateral is no longer a barrier, as credit guarantee facilities help bridge the gap between borrowers and lenders.
Start-Up Funding: Innovative bamboo-based projects may qualify for funding under Start-Up Funds from banks and financial institutions.
Fast Growth & Low Cultivation Cost: Bamboo has a shorter maturity period compared to other trees and requires minimal cultivation costs.
Bamboo represents a sustainable and profitable investment avenue for Bangladesh. It combines economic growth, environmental sustainability, and social development, offering a unique opportunity to build a greener, more prosperous future. By harnessing the power of bamboo, investors can contribute to a sustainable economy while reaping significant financial rewards.
A recent workshop on "Potential Investment Partners for the Eco-Friendly Business under Sustainable Finance," organised by Greentech Foundation Bangladesh and iDE Bangladesh, highlighted the immense potential of bamboo. As the global demand for sustainable products continues to rise, now is the time to invest in Bangladesh's bamboo sector. With its rapid growth, diverse applications, and environmental benefits, bamboo is truly the green gold of the future.
Let's join hands to harness the immense potential of this extraordinary resource and pave the way for a sustainable future that benefits generations to come. Entrepreneurs and investors, the moment has arrived to reimagine the possibilities of bamboo!
Dr. Md. Touhidul Alam Khan, is the first certified sustainability reporting assurer (CSRA) in Bangladesh and Dr. Lutfor Rahman, is the executive director of GreenTech Foundation.
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