Q&A: The Concept of Value
Question: Assalamu Alaikum wa Rahmatullahi wa Barakatuh May Allah bless you our honorable Sheikh, and help you and grant you victory. I have questions about the concept of value. The value is the...
View ArticleDemographic Crisis: Elimination of the Consequences not the Causes
The World Economic Forum (WEF) predicts a global crisis with retirement. In the world, the deficit of retirement savings by 2050 will reach 428 trillion dollars. This is five times higher than the...
View ArticlePakistan’s Agriculture and Industry Neglected
Capitalist Democratic System Discourages Local Production and Manufacturing in Pakistan Before the announcement of the Budget 2017-18, the Finance Minister of the Bajwa-Nawaz regime informed the nation...
View ArticleThe Rise of Food Banks and Food Waste
There are at least 2,000 food banks operating in the UK, giving out emergency food parcels on a weekly basis to people in hardship, according to research that shines fresh light on the rapid growth of...
View ArticleBudget 2017-18: Poor People Pay Heavy Price for Awami League’s Election Budget
On 01 June, 2017, Bangladesh’s Finance Minister AMA Muhith has placed a Taka 4 trillion budget for the fiscal year 2017-18 in the parliament, relying mostly on VAT collections to cover a 35% growth in...
View ArticleQ&A: Who is Zakat paid to in the Absence of the Islamic State?
Question: Assalamu Alaikum wa Rahmatullahi wa Barakatuh, O our Sheikh, there is a disagreement; to whom the Zakat should be paid? Is it to...
View ArticleQ&A: Disposal of Haram Funds & Deceit in Trade
Questions: Assalamu Alaikum Wa Rahmatullah Wa Barakatuhu our Ameer, may Allah elevate you and bring victory to this Ummah by your hands. If...
View ArticleThe Crisis of Western Social Payments
According to Reuters: A senior U.S. Republican senator predicted on Sunday that the Republican bill to roll back Obamacare would likely fail, adding to growing signs that the bill is in trouble. “My...
View ArticleQ&A: Zakat and Debts of the Father and Son
Question: As Salaam Alaikum Wa Rahmatullah Wa Barakatuhu our honourable Sheikh, and warm greetings to you. I have a question regarding Zakat and debts, I hope you have the time to answer my questions....
View ArticleThe State of Taxation in Sudan will not Solve the Problem of Unemployment,...
The Secretary General of the Secretariat of Sudanese Working Abroad, Ambassador Karar al-Tuhami, said: “Not necessarily that the state is responsible for the employment of graduates”, he added: “The...
View ArticleThe Financial Crisis: a decade on
A decade on from the financial crisis – the lack of progress has demonstrated the fragility, not only of the financial sector, but of the system that governs it.
View ArticleThe Transition
Download the book The Transition Introductory Remarks In his tract on monetary reform, John Maynard Keynes referred to gold as a barbarous relic, whose rigidity had fettered the world from economic...
View ArticleWho owns oil?
Through the controlled flotation mechanism launched by Malaysian Ministry of Domestic Trade, Co-operatives and Consumerism, the prices of petrol and diesel have been raised at a fairly high rate within...
View ArticleHunger in the UK
One in ten London families are relying on charity handouts to eat and food banks are facing unprecedented strain in the run-up to Christmas, new figures reveal. One in four London parents worry about...
View ArticleAddressing Economic Problems Requires Thinking Outside the Box of Capitalism...
In his speech to the Parliament on Wednesday, 25/10/2017, the First Vice President of the Republic, Prime Minister Bakri Hassan Saleh, acknowledged the government’s failure to address the economic...
View ArticleCapitalist Economics is to Blame for the UK’s Shocking Levels of Poverty
On the 4th of December, the Joseph Rowntree Foundation, a British social policy research and development charity, published a report that revealed the shocking levels of poverty affecting the UK. It...
View ArticleBitcoin: The Mother of all Bubbles
Bloomberg reported a remarkably conservative headline today, 13th December, 2017: “Bitcoin’s 8.7% Decline Pales in Comparison to Record Run” and noted that now bitcoin was moving “closer to the...
View ArticleQ&A: The Islamic Ruling on Bitcoin
Question by: SchukranJaan Bismillah Ar-Rahaman Ar-Rahim, Dear honourable Sheikh. We hope this finds you in the best health. We greet you with the warmest and noblest of all greetings: Assalam Alaikum...
View ArticleQ&A: Does Riba Only Takes Place in the Six Categories?
Question: Assalamu Alaikum, A question received from one of the brothers named Mohsen al-Jadabi – Sana’a. The Prophet ﷺ said: «أي قرض جر منفعة فهو ربا» “Every loan which entails a benefit is usury”....
View ArticlePakistan’s Currency will never be strengthened whether we trade in Dollars or...
On Dec 19, 2017, Minister for Planning and Development Ahsan Iqbal said that the government was considering a Chinese proposal to use renminbi (RMB or yuan) instead of the US dollar for payments in all...
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