BOOK: Towards a Tranquil Safe World under the Shade of the Economic System of Islam

Download the book here.

Hizb ut-Tahrir, convened two press conferences in Beirut and London on Friday 3rd April 2009, a day after the London G20 summit, where it launched its new book "Towards a Tranquil Safe World under the Shade of the Economic System of Islam."

The book examines the global economic crisis, explains its reality, critically examines its symptoms and exposes the flaws in the solutions proposed by the flagbearers of Capitalism. The book concludes by illustrating the correct solutions to the economic crisis from Islam - solutions that are from the Creator of the universe and the Creator of mankind, who knows what is best for His creation.

On the panel in London were Dr Imran Waheed, Hasan al-Hasan, and Taji Mustafa. The event was chaired by Sajjad Khan.

After speeches in english and arabic, a lively question and answer session followed with questions from the audience and others around the world who were watching the live webcast.

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Sabbir Al-Amin said:

	Assalamualiqum to all brother and sister, Ins"a allah we establish KHILAFAH before next ramadan and observe "The Month of Victory" Globaly. Eid Mubarak to all.
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September 23, 2009
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Kashif Amin said:

To John Michaels:
In response to your comments, I would say the following:

1. Delusions.
It is amazing, how you can claim that Islamic economics is a model that cannot measure up to the ill-conceived Capitalist model, when we are all witness to the daily revelations of the corruption, injustice, theft and usurpers as publicised in the world media. Indeed the cases involve huge sums of money, most of which is the hard-earned wealth of regular people. The likes of Madoff are but a tip of the proverbial iceberg in the house of cards that is your progressive Capitalist economic system. The point being that Capitalism is not so much "work in progress", but is rather "dirty work in progress".

2. The Federal Reserve.
That great bastion and symbol of capitalist economics which is the Federal Reserve is without doubt, one of the most corrupt and wicked institutions the world has ever known. A private bank, run by private individuals, for their own personal benefit with the American people 'picking up the tab'. The average American (who is oblivious) to this fact, is little more than a slave to this money making machine that literally creates wealth from nothing. I suggest you Google "Money Masters" and watch this three-hour documentary on the conception of the Fed, the Bank of England and the foundations of the capitalist debt-based economy.

3. Debt upon debt.
If your capitalist economic utopia is the best model for mankind, then how do you account for the UK government spending £8.6bn (http://www.independent.co.uk/l...06018.html) on treating a depressed population, the cause of which is primarily one word: debt. People, taking out vast loans and mortgages from banks who did not have the capacity to do so in the first place. No accountability, even with bailout after bailout.

4. Ignorance to suffering.
You stated above "monumental success of capitalist countries". Quite a bold statement, yet one must ask in return at what cost? These countries (many of them former colonialists) have enforced policies in poorer nations to ensure the populations of those countries remain enslaved to providing cheap labour (often under the worst pay and conditions) so that they can continue to pump vast amounts of cheap goods into Capitalist countries. All this is made possible by installing and supporting corrupt leaders and governments, who will work their populations into the ground to pay off the interest on IMF loans and prevent the wealth of their nations from benefitting their own people.

5. Wealth from nothing.
What is the difference between Monopoly money and the Dollar? Answer: No difference. Both are based upon nothing. When the US (the primary driver of capitalist economics) removed itself the gold standard in the early 70s (having failed to meet the cost of it's ill-advised war in Vietnam) the world was forced on the path to accept this fiat paper currency that is guaranteed by literally nothing. Whilst at the same time, the bankers and finance oligarchs who know that true wealth lies in gold and silver, have been hoarding it right under our very noses.

6. Usury.
Did you know that usury is one of the primary causes of prostitution worldwide? This is but one of the many evils that stems from allowing such an condemnable economic practice that has subjugated the masses in developing countries to working as slaves to simply pay off the interest on governmental loans. Hence the religion of Islam condemns and prohibits usury in the strongest possible terms.

7. Your knowledge is LIMITED.
I have news for you. There is a God (Allah, the Almighty). He did not create human beings without purpose and His knowledge is UNLIMITED. Allah knows that happened in the past, what happens in the present and what will happen in the future. Not only this, He also has complete knowledge of what would have happened if it He allowed it to happen. You John Michaels, cannot with your limited mind and experience, measure up to that of your Lord. In fact, if the entirety of humanity, from the first to the last was to undertake this task, they would fail miserably. Your infatuation with the man-made economics of Capitalism, is shallow, superficial and limited in scope and vision. You view it through the prism of your own indoctrination (which is also, limited). Your Creator on the other hand, has no limits. Therefore, the economic model that He has chosen for us (the Islamic Economic system) is without doubt, the best for mankind, whether you choose to acknowledge this or not.

You don't need "luck", when you follow the commandments of your Lord and Creator.

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June 20, 2009
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john michaels said:

I read the entire document, a feat that I suggest few others have done, and believe that it is based upon some erroneous facts that lead the authors to make some equally erroneous recommendations.
It would require more than what could be easily read to go through the entire document correcting its errors but that really isn’t necessary, since it is simpler to comment upon the misunderstanding of the nature of capitalism itself.
First of all, it is hardly news that capitalism is a continuing work in progress, dating not just to Adam Smith but to eons before, because the concept of profit and loss is hardly new, being an innate human characteristic. As such, it does result in continuous fluctuations as some “find” a new way of profiting and when that causes imbalances corrections result. Sometimes, as now, new rules and regulations are established and they then provide corrective action until the human brain devises a new way of trying to profit.
Yet, with all of these flaws, no economic system has ever provided as much prosperity and wealth creation to the practitioners and the world in general as has capitalism. One merely has to look at the monumental success of capitalist countries and the fact that even thought there have been almost countless adjustments and corrections to the capitalist model, it grows and improves with time.
Yes, this is one of those periods of adjustment, but to claim that the sky is falling has been done before and in the end, the capitalist system grows and prospers.
If the Muslim world chooses to go the route of the caliphate and Islamic law and practices as an economic model, I can only wish it success and good luck. Few real economists believe that it will work but if someone wants to try, let them do it.
Competition, hardly a capitalist invention but certainly a capitalist principle, will test in time whether or not the Islamic model will or can succeed. In the meantime, its results can be tested against the capitalist model and if the capitalist nations continue to dominate the world in terms of human prosperity, one would hope that even the committed Muslim will look over and wonder why, and not come to the sorry and self defeating answers that the Islamic example wasn’t “pure” enough or that the effects of claimed colonialism couldn’t be defeated, or the worse answer of all, that in order to make Islamic economics work that the entire world must first submit to it.

Good luck

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May 22, 2009
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