All posts tagged: capitalism

Facebook and the Fragile Structure of Capitalism!

“Indeed, those [worshippers] – destroyed is that in which they are [engaged], and worthless is whatever they were doing.” [Al-A’raf: 139] [إِنَّ هَؤُلاءِ مُتَبَّرٌ مَا هُمْ فِيهِ وَبَاطِلٌ مَا كَانُوا يَعْمَلُونَ] Monday, 4th October 2021, was a difficult day for the West in general and for Capitalism in particular. Three scandals for the Western civilization […]

It is the Khilafah Alone that Can Replace the Crumbling American Economic Order

At a Senate Banking Committee hearing of 28 September 2021, US Treasury Secretary, Janet L. Yellen, warned US lawmakers on 28 September of “catastrophic” consequences, if Congress failed to raise or suspend the statutory debt limit by 18 October 2021, saying inaction could lead to a self-inflicted economic recession and a financial crisis. Then on […]

It is Time for the Islamic Khilafah to Resolve the Civilizational Conflict with the West, Ending the Affliction upon Humankind (2)

Modernist secular Western thinking began as a reaction to the oppression of the Church, clergymen, tsars and monarchs, a reaction of so-called humanism and humanitarian thinking against theological thinking. This humanism marginalized every religious matter attributed to God, placing Man as the center of the universe. It was upon the flimsy claim that his “mighty” […]

It is Time for the Islamic Khilafah to Resolve the Civilizational Conflict with the West, Ending the Affliction upon Humankind

It is true that the time has come for the Ummah, which Allah (swt) has made the just Ummah amongst all the nations and the best Ummah ever brought for humankind, to take the leading position in the world through its great Deen. It is time for the leadership of the Ummah upon which He […]

Hasina Government wants to remain in Power by using Covid-19 as a Political Tool to Suppress the People To Remove this Corrupt and Irresponsible Government and Establish a Righteous and Responsible Khilafah Government, Unify under the Leadership of Hizb ut Tahir

The Government is continuously deceiving people by giving slogans about saving lives; but in reality, they have not taken any effective steps to save people’s lives, but rather have been looting thousands of crores of Taka through corruption in the health sector. Mired in corruption and misrule, this Government has repeatedly resorted to repeated lockdowns […]

President Kais Saied and the Independence of the Political Decision!!

In light of international and regional interventions to influence the Tunisian political scene, especially after the decisions of 25th July 2021, President Kais Saied reiterated his independence at the Carthage Palace on Thursday, 19th August 2021, saying, “These people who talk about the decisions I take based on illusory balances in their heads because they […]

Views on the News 21/08/2021

America and its Puppet Kabul Regime are Defeated in Afghanistan With astonishing speed, the Afghan mujahideen swept the country forcing the collapse of the Kabul regime, with its president quietly fleeing, even though, according to US President Joe Biden speaking on Monday, the Americans had “trained and equipped an Afghan military force of some 300,000 […]

The Evil Capitalist Economy is the Origin of Economic Hardship in the World!

It is not a secret that economy is the backbone of human life hence leading to an urgent need for a system to drive the growth and distribution of resources (wealth) in the society. The economic system today is capitalist founded by a Western philosopher Adam Smith known as the ‘Father of the capitalist system’. […]

Raqqa Reveals American Intentions Towards the Children of Ash-Sham

In 2017, the Syrian city of Raqqa was subjected to fierce attacks by the international coalition led by America at the time to eliminate ISIS, which had taken the city as its capital. More than 150 daily raids launched by the coalition forces at the height of the battles, which led to the destruction of […]

Under Capitalism, Whether the GDP Goes Up or Down, the Conditions of the People Go from Bad to Worse, Deprived of Substantial Local Industry

On 28 July 2021, the economic advisory wing of the finance ministry declared in its Monthly Economic Outlook (MEO) for July that, “In the transition towards a higher potential growth level, pressure can be built on external accounts, calling for close monitoring to ensure that the new growth strategy is sustainable.”

Once again, the Ruling of the European Court Shows the Failure of the Secular Capitalist System!

The European Court of Justice ruled on the 15th of July that employers in the European Union have the right to ban their employees from wearing headscarves in certain situations. The verdict says that the interest of the employer to conduct a neutral appearance weighs more than the freedom of religion in some circumstances. According […]

The Woman is an Honour that must be Protected, not a Commodity It is not Permissible for a Woman to Earn Except What She Does with her Hands

The Sudanese capital, Khartoum, witnessed a fashion show for women for the second time by designer Nermin Karqafi, attended by a group of media, art and society stars. On the show, male and female models presented various collections of fashion with striking designs, with the participation of male and female designers, and female models. Social […]

This is How the Houthis Allowed America to Use the Economic Card

On Saturday, 03/07/2021, the government’s daily newspaper, Al-Thawra, conducted a lengthy interview with Hashim Ismail, Governor of the Central Bank of Sana’a and Chairman of the Supreme Economic Committee. This interview took place after the press conference held by Hashim Ismail, on the occasion of the Central Bank in Aden’s printing of huge amounts of […]

Talking about Empowering Women is a Continuation of their Oppression and Taking Away their Rights

Prime Minister Abdalla Hamdok renewed the transitional government’s commitment to empowering women politically and economically and enhancing their participation in public life, pointing to their leading role in the glorious December revolution. This came when he met in the Council of Ministers, with Women of Sudan, in order to reflect on the Prime Minister’s initiative […]

Western Idea and its Policies are Cause for Refugee Crisis – Islam is the Only Salvation

As we entered 2021, there were 82.4 million people around the world displaced by conflict or persecution. Thirty million of those are refugees, the rest are displaced within their own country (48 million) or asylum-seekers (4.1 million), according to UNHCR’s latest report. Nearly half of these forcibly displaced people are children. [Al Jazeera, 20 Jun […]

Taxation under the Capitalist Economic System is Oppressively Regressive, Breaking the Backs of the Needy and Indebted

The revenue target for the next financial year, 2021-22, is targeted at Rs. 5.829 trillion, compared to Rs 4.691 trillion for the closing financial year, 2020-21, showing an overall increase of Rs1.138tr (24 percent). This is whilst the IMF has set a target of Rs 10 trillion for 2024-2025.

Budgets Reading: Annual Governmental Punishment on the Ordinary Citizens

On Thursday, 10th June 2021, the Cabinet Secretary for Treasury Ukur Yatani tabled the Ksh.3.632 Trillion spending plan for FY2021/2022. The Budget seen has the largest in Kenya’s history with a deficit of about Ksh 1.2 Trillion. The Ksh 1.97 Trillion of the budget will be collected through taxation while Ksh.1.63 coming from Loans and […]

The People of Bangladesh Neither Reacted to the Capitalist Budget, and Nor Do They Expect Anything from the Capitalist Rulers

Bangladesh’s Finance Minister AHM Mustafa Kamal on 3 June 2021 has announced BDT 603,681 crore annual budget for the fiscal year 2021-22. With the rosy title ‘Bangladesh Towards a Resilient Future Protecting Lives and Livelihoods’, this is in fact the biggest ever ‘pro-capitalist budget’ that Hasina government has laid down with corporate tax cuts, reduced […]