Fishman
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In my opinion the biggest power of islam in the near future lays in demographic boom. If muslims manage to keep this rapid growth, the muslim world will be more powerful.

Unfortunately this also means a youth bulge, which, coupled with the third world conditions of the Muslim world, may mean lots of angry young men...
A big population is not everything. The Middle East cannot support large numbers of people in its present state, some sort of seawater purifier is necessary to make enough fresh water to water the crops. Underground aquifiers in Saudi Arabia have only about 50 years left in them. And there is also the problem of sea level rise. The major Arab metropolis of Dubai is very close to sea level, and with the world in its current state building underwater hotels and palm-shaped low-lying islands may not be the best business scheme.
