All posts tagged: capitalism

Islamic Solutions to the Economic Crisis in Ten Points

Hizb ut Tahrir / Wilayah Turkey explained the solution to the economic crisis in Turkey by organizing a press conference in Istanbul entitled: “Islamic Solutions to the Economic Crisis in Ten Points!” On Wednesday, January 05, 2022. Five brothers participated in the press conference: Islamic economist Haki Aran; Islamic economic expert M.Hanafi Yagmur; and the […]

The Global Wealth Inequality will only End through the Economic Order the Khilafah Will Establish

The immense concentration of wealth under the current capitalist world order has now reached intolerable levels. The World Inequality Report 2022 from the Paris-based World Inequality Lab stated that, “The share of the bottom 50% of the world in total global wealth is 2%… while the share of the top 10% is 76%.” The report […]

Capitalism Only Increases Misery, While Islam Increases Tranquility

All the world’s economies follow the capitalist ideology with its secular foundation, either because its people have adopted it, as is the case in the West, or as the majority case elsewhere, because the wealthy Western colonialists have imposed it through their agents, whether dictators, kings, prime ministers, generals and emirs. With such dominance over […]

Capitalism Cannot Balance the Individual and Societal Needs

An article by an Observer columnist, Will Hutton titled: “Which philosophy helps us confront the crises that beset us… ‘we first’ or ‘me first’?” (Source: The Guardian) Comment: The existential crisis for the secular capitalist ideology gets deeper every day, as its proponents continue to talk up its benefits, while becoming increasingly aware that its […]

Diamonds in Africa: A Story of Capitalism and its Endless Greed PART 2: The Ineffectiveness of the International Solutions

The Kimberley Process is an inter-governmental initiative, which started when Southern African diamond-producing states met in Kimberley, South Africa. The multi-stakeholder meeting between governments, the industry and NGOs aimed to discuss ways to stop the trade in ‘conflict diamonds’ and ensure that diamond purchases were not financing violence by rebel movements and their allies who […]

International News Review 04/12/2021

EU Announces Funding for Global Gateway to Rival China BRI This week, European Commission President Ursula von der Leyen announced €300 billion funding for the Global Gateway programme that is the EU’s response to China’s Belt and Road Initiative. The EC President said, “We will support smart investments in quality infrastructure, respecting the highest social […]

Istanbul Conference: “Islamic Solutions to Economic Problems”

Hizb ut Tahrir/ Wilayah Turkey organized a conference in Istanbul entitled, “Islamic Solutions to Economic Problems.” Ust. Abdullah İmamoğlu gave a speech entitled “Islam is the Only Source of Revival ” and after the brother’s speech a video recording was shown entitled, “The Source of Economic Problems and their Islamic Solution.” Musa Bayoğlu entitled, “The […]

The Source of the Crisis is the Kafir Capitalist System, not the Structure of the Authority or Management

Turkey’s agenda is shaken by the dramatic collapse of the Turkish lira against the US dollar. The US dollar, which was equivalent to about 6 Turkish liras at this time last year, has crossed the 13 Turkish liras range. The rise in the exchange rate naturally leads to a rise in the prices of all […]

The Usual Costs of Capitalism

In Sweden, alcohol sales rose by a quarter in the first year of the COVID-19 pandemic. According to the latest research, two months after sanitary restrictions and regulations to work remotely were lifted in the kingdom, one in five workers abuses alcohol. Swedish employers are forced to seek help from counselors in the fight against […]

When Elephants Fight, Grass Suffers

The Election Commission of Pakistan (ECP) has initiated work on the technical aspects of e-voting after the country’s parliament passed the electronic voting and voting right for Pakistanis living abroad in the next general elections in 2023. The first committee will examine the technical aspects, the second financial cost of the process, and the third […]

Bangladesh Conference: “Impending Fall of the Capitalist World Order led by the West”

Hizb ut Tahrir/ Wilayah Bangladesh will be organizing its annual online conference entitled, “Impending Fall of the Capitalist World Order led by the West Political & Bankruptcy of the Agent Rulers and Politicians” The Three Talks will Address: First Talk: Impending Fall of the Capitalist World Order led by the West and the Political Bankruptcy […]

Views on the News 24/11/2021

Headlines: • Déjà vu Sudan • Pakistan Turns to IMF Again • New Bill to Remove British Citizenship Déjà vu Sudan After being removed in a coup a month ago Abdalla Hamdok has reinstated by General Abdel Fattah al-Burhan after signing a political agreement. Twelve cabinet ministers submitted their resignation in protest against the political […]

O People! The Price-Hike of Diesel-Kerosene is Manifestation of the Tyrannical Policy of Hasina Regime, the Agent of the Capitalists

The Only Way to be Free from the Tyranny of the Tyrant is to Re-establish the Khilafah From the UN’s COP26 climate summit, US President Joe Biden, the leader of the Capitalist States, called for the withdrawal of so-called subsidies on fuel, and immediately the Hasina regime raised the prices of diesel-kerosene by 23%. When […]

The Khilafah Will Eradicate Rampant Inflation, By Abolishing Paper Fiat Money and Issuing Currency Based on Gold and Silver

By November 2021, the Rupee fell to 175 Rupees to a dollar, unleashing crushing inflation upon the citizens of Pakistan. Inflation is a permanent feature of the capitalist economy, irrespective of the re-opening of the economy after lockdown. Unlike Islamic gold and silver currency, fiat paper money loses its purchasing power, as governments print more […]

Without Islam to Rule Over Us, the Current Rulers Create a Storm of Inflation by Submitting to the American Economic Order

The 3 November 2021 address of Pakistan’s Prime Minister, Imran Khan, regarding inflation was to prepare opinion for another batch of catastrophic IMF economic policies. The so-called 120 billion Rupees “relief” package announced for 20 million people, amounts to only Rs. 1,000 per person per month, for six months. This is whilst the middle classes […]

The Answers regarding the Environment Crisis Lie within the Qur’an and Sunnah

The Capitalist system which is dominant the world over today although paying lip service to caring about the environment in reality focuses on maximizing production and enriching the elite at any cost. This is because the innate characteristic of Capitalism is defined by the notion that human beings have “unlimited wants in a world with […]

Islam Ensures Affordable Electricity for the Public!

Electricity is expensive because of the capitalist economic order. Private companies raise costs to ensure profits. In Islam, electricity is public property that cannot be privatized. The Messenger of Allah (saw) said, «المسلِمونَ شُركاءُ في ثلاثٍ في الكَلَإِ والماءِ والنَّارِ» “The Muslims are partners in three things; pastures, water and fire (energy)” (Abu Daud). The […]