Pre-amble: Although fulus (small change, anything smaller than the smallest silver coin) could be anything, even a piece of paper, paper with a printed value should never be used as a value bearing unit, as modern paper money in itself was likened to nothing but fulus in the fatwa by Shaykh A’lish. Shaykh Alish says in his Fatwa regarding PAPER MONEY and its use in monetary transactions and Zakat: “Praise belongs to Allah and...
Read MoreOn Reebah and Riba: Defining a parameter of Jihad against Capitalism
Allah dealt with the topic of Riba in the last part of revelation of the Glorious Quran as well as in the Torah, the Psalms, and the Gospel before. On the authority of ahadith received from both Ibn Abbas (RAA) and from Umar (RAA), we know that the last Revelation received by the blessed Prophet (SAW), shortly before his death, was the passage in Surah Al-Baqarah (2:278-281) which dealt with riba: Umar Ibn Khattab (RAA) said: “The...
Read MoreOn the people of Fasaad
The twin partners of bankism, creating money out of nothing, and mortgaging, creating crippling debt out of a common need in man for shelter, are the single most destructive and deceptive forces of Dajaal that hit the planet earth, and have in any analysis in retrospect created more deaths and destruction than the black death or any other natural plagues. Every single war of the 20th century can be traced back to a horror beginning in...
Read MoreOn Money that matters
By Prof Tariq Kahn Someone gave the Prophet (peace and blessings be upon him) honey, he asked Abu Bakr (may Allah be pleased with him) what is was, he said, “Honey, O’ Messenger of Allah.” He asked Umar ibn Khattab (may Allah be pleased with him) , he said, “Honey, O’ Messenger of Allah.” Then he asked Ali ibn Abu Talib (may Allah be pleased with him), who tasted some and said, “Its honey, O’...
Read MoreOn the Edge of Chaos
We are living in the age of connective technologies, which influence everything around us, from chit-chat to politics. These technologies include the Internet, notebooks, wearable computers, Global Position Systems (GPS), Computer Mediated Communications (CMC) such as email, Personal Communications Technologies (PCTs), 3D TV, interactive HDTV and YouTube streaming etc. The deployment of these technologies are not without effect or influence...
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