Are you saying that if, say, the Palestinians converted to Christianity, or even Judaism, that the Israeli state would welcome them and give them the same full rights that Jews get?
Or if Persians were Zoroastrian instead of Muslims, they could amass the 400 nuclear weapons that Israel has, without being branded as a danger to peace?
So the answer is "yes".
They wouldn't need to convert to Christianity or Judaism. They would need to become civilized, which probably does imply giving up on Islam. Israel is a very secular state, and would accept Hindus, Sikhs, Buddists, Christians, athiests, and pagans. They seem to have an intolerance toward guys who blow themselves up in crowds, though.
" Or if Persians were Zoroastrian instead of Muslims, they could amass the 400 nuclear weapons that Israel has, without being branded as a danger to peace?"
Atheists, Pagans, Buddhist, Zoroastrian, Christian - any flavor that doesn't have at its core the concept of killing everyone that won't convert to your belief would be less of a danger that the Bin Ladens, Husseins, and Arafats of the world.
What part of "You must be judged by how you act" don't you grasp smilin' jack?
The arabs turned to the west to help develop their resources because it would be too dangerous to educate their own citizens. It was the Arabs who came begging for western assistance. It is the Arabs who exploit their uneducated masses. Islam is the weapon that the Arabs use to keep their population impoverished.