The Islamic Rules of Trade – The Bankrupt (Muflis)

Interesting to see the justice of the islamic system, especially when comparing islamic rules of trade & economy to the western ones we see at present. This comes from Islamic Revival The bankrupt in language is the one without money and without that by which he would pay for his needs. It is meant by this that he reached a situation in which it is said about him, ‘That he has no (fils) penny’ so he is muflis. Muslim narrated via the way of Abu Hurayra “that the Messenger of … [Read more...]

Open Letter to the Muslim Rulers Attending G20 Summit

An Open Letter To the King of Saudi Arabia, The Prime Minister of Turkey and the President of Indonesia on their attendance at the G20 Leaders Summit in London on 2 April 2009 Since 1999, the G20 has been at the forefront of designing the financial architecture that has now crumbled before our very eyes. It has been complicit in the financial and economic policies that has fostered the worst international economic crisis since the great depression. It not only averted its gaze while financiers ran … [Read more...]

There Does Not Exist a Labour Problem in Islam

This short piece comes from Islamic Revival The capitalist system in economics was implemented upon the western world, and upon Russia before the communist party ruled it. Among the principles of the capitalist ideology is freedom of ownership from which resulted the owners manipulation (misuse) of the employees i.e. the workers as long as there existed mutual consent and as long as the theory of liability is the one dominating over them. Labourers received from the employers evil, injustice and … [Read more...]

Rise and Fall of the Ummah

We can all learn from this short poem/video. The Ummah's downfall began way back in the early 1900's and went downhill from there. … [Read more...]