All posts tagged: economy

With a Collapsing Rupee and an Eruption of Inflation, Democratic Capitalist Policies Have Shoved the Economy into Intensive Care.

The Khilafah Alone Will Build an Independent Economy through Islamic Policies. An independent nation can never be born of slavery-based economic structures, policies and regimes. What is the result of seventy years of enslaving, democratic, capitalist policies? When the international price of oil rises, the economy begins to falter, sputter and stall. When the US […]

The Constant Inflation is Due to Currencies that Lose their Value Constantly, as They are not Based on Gold and Silver

Like other currencies, the Dollar, the Pound and the Franc, originally, the Rupee was backed by real tangible wealth in the form of a precious metal. In the case of the Dollar, it was gold, in the case of the Rupee it was silver. This system stabilized the value of the monetary unit both internally […]

‘Afghanistan Peace Agreement’ Are Muslims Victim of a Cruel Hoax?

In Afghanistan, America became entrapped and tried many strategies and options to pull out from Afghanistan right after 2006. The position of America has slipped from being a superpower to simply one of the many powers with unsustainable baggage of Military expeditions. A report on ‘Global Landscape 2020’ is a document, written in the year […]

Sudan: Press Report 23/04/2022

 In continuation to the public events organized by Hizb ut Tahrir / Wilayah Sudan, to awaken the Islamic Ummah and sharpen its determination to establish the Khilafah Rashidah (rightly-guided Caliphate) State anew, by creating a public opinion aware of the provisions and solutions of Islam, the party held numerous public activities in the various regions […]

In Afghanistan, ‘People Selling Babies, Young Girls to Survive’

Dire economic situation sees children dying of starvation as millions of Afghans struggle to put food on their tables. By Ruchi Kumar [Aljazeera.com Published on 31 Mar 2022] Comment: Imagine, if these were “white, blue-eyed and blond” Ukranian families freezing in the cold, forced to sell their kidneys and children, merely to feed their families. Imagine, […]

State-Run Sugar Mills are Deliberately Kept as Losing Concerns for the Crony Capitalists

All but one of the 15 government sugar mills in the country are currently running at a loss. The accumulated debt of these sugar mills is about BDT. 6 thousand crores. But sugar mill workers and experts say government policies and management are mainly responsible for the losses. With some modernization, the sugar mills can […]

Pakistan’s Revenue and Expenditure under the Khilafah

Pakistan’s Current System Secures the Economic Interests of the Kafir Colonialists Sufficient revenues in the state treasury are essential for looking after the affairs of the people and managing the state expenses, such as the armed forces, health and education. However, in Pakistan’s current system, both democracy and dictatorship take turns to secure the economic […]

Pakistan’s Rulers Tie Pakistan to Destructive IMF Policies in Every Budget, Ensuring Continuous Economic Misery

Whilst claiming there are not enough funds to care for those in hardship and initiate Jihad in the Path of Allah (swt) to liberate Occupied Kashmir and Al-Aqsa, the Bajwa-Imran regime throws our economy into the grave that the IMF has dug for it. The Bajwa-Imran regime ties Pakistan to the IMF policies in every […]

Under Capitalism, Every Calamity is an Opportunity for the Elites to Maximize their Greedy Interests at the Cost of the Common People

Beximco Pharmaceuticals has made a net profit of around Tk 77 from each of Oxford University-developed Covid-19 vaccine dose brought from India. The government has so far allowed Beximco Pharma alone to import and sell Covid-19 vaccines on the local market alongside the government’s limited mass vaccination program which began in early February. According to […]

The New IMF Deal is Open Enmity against the Muslims which a Change of Finance Minister Cannot Fix

The Capitalist System must be Uprooted Complying to IMF dictates, the government of change has committed to a host of destructive back breaking measures. It will raise an additional Rs. 1272 billion in taxes for the next financial year, chasing a target of Rs. 5963 billion, when it failed to meet the Rs. 4691 billion […]

The Take Over of the State Bank of Pakistan by the Colonialist IMF is to Secure the Interests of Pakistan’s Creditors at Our Expense

The IMF’s demand regarding the State Bank of Pakistan is a project of structuring Pakistan’s economy in a manner that it can continue to pay back the interest on loans, with no regard whatsoever for the economic well-being of the people of Pakistan. The result will be increased interest payments on domestic debt, higher taxation […]

The Transitional Government Continues its Prayers in the Sanctuary of the International Monetary Fund in Prostration by Floating the Sudanese Pound

The Transitional Government in Sudan decided to float the exchange rate of the Sudanese pound against foreign currencies, starting from today, Sunday 02/21/2021. As the central bank allowed each bank to set the purchase price for free currencies, and cancelled the official announced rate of 55 pounds for the dollar, and the banks will start […]

Kenya Exporting Oil: Profit to Colonial Multinationals and Misery to Citizens

President Uhuru Kenyatta on Monday morning, flagged off the first 200,000 barrels of crude oil from Kenya. UK-based Chinese company, ChemChina, bought the first batch of the Kenyan crude oil at Ksh1.2 billion (USD12 million). This is part of the Early Oil Pilot Scheme (EOPS), which is an important step towards the South Lokichar Full […]