19 articles in this category
An in-depth analysis dissecting the fundamental differences between the Islamic Economic System and Capitalism, highlighting the root of the scarcity problem, distribution justice, and the state's role in guaranteeing individual welfare.
A diametrical examination of the Islamic Economic System rules versus Socialism, from the destruction of property rights, price fixing (tas'ir), to criticism of the Scandinavian economic model and China.
A thorough examination of the six wealth distribution mechanisms in the Islamic Economic System that ensure the flow of wealth from the rich to the poor without killing innovation and the natural disposition of ownership.
Exposing the deception of Capitalism's paper money (fiat money) system, and why Islam mandates Gold (Dinar) and Silver (Dirham) as stable, just, and anti-inflation currency.
Exposing the concept of Individual Ownership (Milkiyah Fardhiyah) in Islam: how sharia protects private property rights, regulates their development, and prevents economic injustice.
A thorough examination of the concept of Public Ownership (Milkiyah Ammah) in Islam: why water, energy, and giant mineral deposits belong to the people and cannot be sold to foreigners or the private sector.
Exposing the concept of State Ownership (Milkiyah Daulah) in Islam. Understanding the state's shar'i revenue sources (Fa'i, Kharaj, Jizyah) and why state treasury is not the personal property of rulers.
Exposing the feudal landlord system. Understanding Islamic law on Ihya'ul Mawat (reviving dead land), the 3-year rule, and the prohibition of renting agricultural land.
Exposing the invalidity of Limited Liability Companies (LLC) in Capitalism. Understanding the 5 types of Syirkah (business partnerships) valid in Islam: Inan, Abdan, Mudharabah, Wujuh, and Mufawadhah.
Exposing the trap of consumerist states. Understanding the Caliphate's vision for heavy industry, the prohibition of dependence on foreign technology, and why the steel industry is a main pillar of Islamic military strength.
Exposing the injustice of the Capitalist minimum wage system and understanding the Islamic Ijarah (Service Lease) system that values workers' labor according to its benefit.
Exposing the slander that Islam oppresses minorities. Understanding the rights, obligations, and business freedoms of Non-Muslim citizens (Ahlu Dzimmah) in the Caliphate's economic system.
Exposing the Free Trade trap of the WTO. Understanding the Caliphate's domestic and foreign trade rules based on state sovereignty and the welfare of the ummah.
Exposing the illusion of the Western Welfare State. Understanding the Caliphate's 4-layer social safety net mechanism and the prohibition of suffocating insurance (BPJS) on the people.
Exposing the Capitalist state budget system based on taxation and riba debt. Understanding the structure of the Baitul Mal, its three main vaults, and the Caliphate's fiscal resilience without IMF interference.
Exposing the invalidity of the conventional banking system (riba) and insurance (gharar, maysir). Understanding the solution of Qardh Hasan and Social Security in the Caliphate.
Exposing the invalidity of Capital Markets (Stock Exchanges), LLC shares, bonds, and speculation from the Islamic perspective. Understanding why the capitalist economy is always in crisis.
Exposing the role of the IMF and World Bank as global loan-shark colonizers of developing nations. Understanding the prohibition of foreign debt and the Caliphate's fiscal independence.
Exposing the injustice of the modern tax system (VAT, Income Tax, Property Tax) under Capitalism and dissecting the just solution of Dharibah (emergency tax) in the Caliphate system.