Well, there's no scripture for all five kingdoms, so speculation is all you're gonna get. Everyone has an opinion which you've asked for, and the whole dream is of symbols. What's left to talk about? Daniel and Revelation are linked. So, here's a portion from my study:
Revelation 17:3 “So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.”
To the Lord God of Israel, everything about Islam is blasphemous. They worship a man (Muhammad), a meteorite in Mecca they call the “Black Stone”, and their god (Allah) is clearly Satan. Muhammad took the Scriptures and turned it inside out to become the Koran. I don’t know how much more blasphemous a religion could be! As to the seven heads, they are seven kingdoms that John prophesied on later in verse ten, and the ten horns are kings: five are fallen, one is, and one is yet to come.
The fallen kingdoms that once ruled over Israel are:
- Egypt - 1 King – 1 Kingdom
- Assyria - 1 King – 1 Kingdom
- Babylon - 1 King – 1 Kingdom
- Media-Persia - 1 King – 1 Kingdom
- Greece - 4 Kings (Alexander’s four generals) – 4 Kingdoms
One is (at the time of John’s writing):
- Rome 1 King – 1 Kingdom
One is not yet come (at the time of John’s writing):
- Islamic Caliphate 1 King – 1 Religious System of varying Kingdoms
The ten horns were/are the leaders. When Greece’s leader died (Alexander) his kingdom was divided amongst his four generals69 so in the Lord’s count, Greece gets a count of four because the empire of Greece did not remain whole. Rome has many "kings" but they were still only one system. Islam, though a non-unified group of nations, they were the kingdom "yet to come", they came, and now they are not (Mar 3, 1924), but their Caliphate will re-emerge.
Revelation 17:11 “And the beast that was, and is not, even he is the eighth, and is of the seven, and goeth into perdition.”
Now I’m going to deviate from the norm concerning Rome. In Daniel’s statue, the bronze belly and thighs are Greece. What people forget is that this “Roman leg” division happened at the "thighs" of Greece, with its division into the East and the West. At the knees, the body splits off into two bones – the tibia and the fibula. I believe the western leg was the political Roman system until the knees. The division into two bones became the Roman Catholic and Greek Orthodox systems. The eastern leg is Islam, and at the knees, divides into Sunni and Shia systems. All these groups “pray” on their knees.
The eighth king comes from the seventh kingdom and it is this eighth king that will go into perdition. The sixth kingdom was Rome, so the seventh to rule over Israel was Islam (Ottoman Empire), therefore the eighth kingdom will be the rise of Islam. The Caliphate is the seat of power for all Islam, a ruler who is like a president, a general, and a spiritual leader. The position is inclusive. The first Caliphate was Muhammad in Medina, Arabia around 630 AD. After his death, there were successive Caliphates, but in the end, Islam split into the Shi'a and Sunni belief systems that still thrive today. The Caliphate ended on 3 March 1924 with the creation of the secular Turkish government after the abolishment of the Ottoman Empire. Hence, the feet of clay – so mixed and weakened without purity of beliefs. In fact, in Hebrew, “arab” means “mixed people”. Someday soon, the Turkish people will elect a Sharia government, which will reinstate the Caliphate. In an excellent article in the Hudson New York, Steven Simpson writes in his article Turkey:
Islamism's Consequences for the West, “For now, Turkey, still a powerful member of NATO, and still presumably a friend of America, teeters between East and West. A ‘neo-Ottoman’ Empire -- like a ‘neo-Czarist’ Russia that appears in the making -- is something that America, the West, and Israel, should take seriously.
“In the Middle East, the past is never forgotten and never forgiven. The future in the Middle East often consists of the merging of the present with the past. The West might therefore be well advised to prepare for the day that a once pro-Western secular Turkey no longer exists. The once "sick man of Europe" of the 18th and 19th centuries has now become the 21st century "strongman of the Middle East." While the secularist Kemalist ship is sinking in the Straits of the Bosporus, the neo-Ottoman Islamist ship of Erdogan is docking at the port of Istanbul.”
Revelation 17:12-13 “And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast. These have one mind, and shall give their power and strength unto the beast.”
Now if there’s anything I learned about Scripture, it’s that many verses have a double meaning and these ten kings are not just from the statue of Daniel, but are future kings which will surrender everything to the antichrist. These kings will destroy the whore and make her desolate. Verse 18 states that this is a great city – Babylon, Iraq. It will be rebuilt. So why would these Islamic nations destroy Babylon and the Islamic system and the oil?
Daniel 11:36-38 “And the king shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done. Neither shall he regard the God of his fathers, nor the desire of women, nor regard any god: for he shall magnify himself above all. But in his estate shall he honour the God of forces: and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.”
As you can see, the antichrist will rise to power and then do what he wants – especially when he’s fooled the world by his power. “And deceiveth them that dwell on the earth by the means of those miracles which he had power to do in the sight of the beast...” (Rev 13:14a) Notice in the verses of Daniel above, the antichrist will neither regard the God of his fathers – Abraham via Ishmael – nor regard the desire of women (won’t listen to their pleas because in Islam, women are second-class people). Who else in the entire world today beheads (Rev 20:4) their enemies? Islam! The antichrist (Satan possessed) will declare that he is God, yet he will honor the god of forces – violence, military, and terrorism. Babylon may or may not be rebuilt to the opulence it once had, but from Daniel’s statue, the starting place of Islam’s history to its very end of history, when destroyed, will come full circle.
With the birth and growth of Islam, and their pure unifying hatred of Israel, these ten kings and the antichrist, in war with the West, destroy the lifeblood of the West’s economy – oil. A great military strategy. Nevertheless, their end is destruction:
Daniel 2:34-35 “Thou sawest till that a stone was cut out without hands, which smote the image upon his feet that were of iron and clay, and brake them to pieces. Then was the iron, the clay, the brass, the silver, and the gold, broken to pieces together, and became like the chaff of the summer threshingfloors; and the wind carried them away, that no place was found for them: and the stone that smote the image became a great mountain, and filled the whole earth.”
Daniel 2:45 “Forasmuch as thou sawest that the stone was cut out of the mountain without hands, and that it brake in pieces the iron, the brass, the clay, the silver, and the gold; the great God hath made known to the king what shall come to pass hereafter: and the dream is certain, and the interpretation thereof sure.”
Jesus Christ comes from heaven to earth (the Stone) to destroy those who have attacked His own. Notice that the statue: the iron, clay, brass, silver and gold are broken “together”. Not only will the world marvel at the head that was wounded and brought back (the Caliphate) but the enemies throughout all of history of Israel in one new kingdom, the antichrist’s kingdom. Who is it that is destroyed? Throughout Scripture, they are all today Islamic countries. His garments will be dyed in blood of His enemies (Isaiah 63)! Jesus Christ comes to set up His one thousand-year reign! Glory to God! What a time that will be!