Economy

Hizb ut-Tahrir Releases Industrial policy for the Khilafah: Making Khilafah the World’s Leading Industrialized State

Hizb ut-Tahrir Wilayah Pakistan has issued a Publicized Policy Position (PPP) regarding the subject of establishing the industrial requirements for the Khilafah as the world’s leading state. Although Pakistan has huge material resources, a young, bright and lively population and has been included within the “next eleven” economies in the world regarding its potential, its industry is in a pitiful state, since its creation. Successive rulers, whether they are democrats or dictators, facilitated foreign companies in establishing an industry in Pakistan, such as extraction plants, refineries and power generation allowing them to take their huge profits abroad, whilst these rulers obstructed local private companies through policies which favored foreign multinationals and suppressed local industry. So, it is not surprising today that thousands of industrial units have been declared sick and overall local industrial production is at an all-time low, with foreign multinational companies strengthening their hold on our economy.

Democracy will never allow Pakistan to achieve its potential because it is democracy which implements Western colonialist policies through laws which strengthen Western economic domination over our lands.

It is only Khilafah which will develop a powerful and diverse industry driven by the objective of being the world’s leading state, with the war industry as the leading edge of industrial development. In Khilafah, public ownership of industry related to public resources and state and private ownership of essential industries ensure the circulation of wealth in society, whilst maintaining optimal innovation, diversity and creativity. By establishing a strong industrial research and development base, the Khilafah state with the help of the private sector would be a leading force in technological advancement which will further complement industrial growth. The Khilafah will end colonialist loans with their destructive conditions, by replacing them with Shariah based revenue generation, including public ownership of the immense wealth of the Ummah such as oil and gas thus creating a sound financial base for industrial expansion.

Note: To see the complete policy and relevant articles of the constitution for the Khilafah State, please go to this web link: http://htmediapak.page.tl/policy-matters.htm

The Media Office of Hizb ut-Tahrir in Wilayah of Pakistan

Monday 10th Rajab 1434 AH

20/05/2013 CE

N0: PN13054