This article addresses the economic integration among Arab States and its role in the evolution of Islamic Banking. I proceed by attempting to answer two fundamental questions, what are the future scenarios for economic integration in light of the Arab revolutions and what is their possible impact on Islamic Banking? By taking into the account social, political, and historical background, I analyze the best-case, worst-case, and business-as-usual scenarios for economic integration among the Arab states. These scenarios take into account the particularity of the Gulf Cooperation Council’s region to find a common ground of dialogue for futuristic vision.
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