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We have created you, then why dont you believe

Will He who created not know, whereas He has knowledge of everything, even the discreet things?

Error of Economic Systems


Eradication of religion from economy, whether in Capitalist, Socialist or Communist systems

And people (their souls) have been beset with greed

Error of Economic Systems

The catastrophic effect on society.

Current statistics, labour strikes, etc.

Allah Taala has created for us a system through which man will be comfortable despite his selfish, greedy nature.

Islamic Economy
Islam = Comprehensive way of life which governs all aspects of life.
Divinely guided = Solution to societies problems, provided correctly implemented.

Fundamental Differences
Islamic Economy
Divinely guided
Society based Equality Money is vehicle Moderation

Capitalism
Man made
Individual based Monopoly Money is objective Extravagance

Shareeahs Outlook Towards Economics


Earning halaal is an obligation

Begging/Not earning is condemned


Rewards given for earning wealth with correct intentions NO encouragement to amass wealth Harms of wealth expounded Allah Taala is the ultimate provider Muslims real abode is the Hereafter Moderation and contentment advocated

Clarification
Islam teaches us not to make wealth our objective, but this does not mean that we should shun all business and trade. Example of ship and water. Exposition of this can be seen from Islamic history: A thriving empire Thriving economic system Existence of financial instruments from as early as the 2nd century

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