From Political Islam to Investment Islam: The Strategic Reconfiguration of the Middle East in Contemporary U.S. Policy
Since President Donald Trump’s official visit to Riyadh in 2017, U.S. foreign policy toward the Middle East has undergone a profound transformation. This shift marked a clear departure from the Obama administration’s approach, which emphasized dialogue with “moderate” Islamist actors in the wake of the Arab Spring. Instead, the Trump doctrine favored a partnership with traditional Gulf monarchies, prioritizing economic growth and authoritarian stability over political reform and ideological pluralism. This article seeks to examine the implications of this paradigmatic shift, exploring the emergence of what may be termed “investment Islam” as a replacement for “political Islam”. It analyzes the resulting transformations in regional power dynamics, evaluates the reliability of emerging narratives, and offers a critical perspective on the new U.S.-led framework for Middle Eastern order. 1. From Obama’s “Moderate Islam” to Trump’s “Profit-Driven Islam” The Obama administration’s Middle Eas...