All posts tagged: economy

The Rise of the Global South

The Global South is in vogue; everyone cannot get enough of them. China and Russia say they are the future and solicit their support and the West who for long neglected them now see them as essential to maintaining a liberal future. With the global balance of power in a flux the future structure of […]

Whilst Sharp Increases in Interest (Riba) Rates Ruin Economy, the Banks Profit Immensely

The semi-annual review report of the State Bank of Pakistan, published on 18 September 2023, revealed that the profit of the banks was 126 billion rupees in the first half of previous year. It has increased to more than double, to 284 billion rupees in the first half of this year. The main reason for […]

Economic Misery: Fruit of Capitalist Economic Evil Tree Uprooted from upon the Earth

One year after Kenya Kwanza regime was handed over, ruins of power, economic situation and livelihood of the ordinary citizens has worsened. The fact was with high expectations from citizenry to current regime to salvage and ease the cost of living and the burden of national debt, apparently the hopes have turned into mere mirage.

Looking for Solutions from the Capitalist System, the Source of Crises, is Like Holding on to a Spider’s Web!

Türkiye’s Medium-Term Program (MPP), which presents the 3-year roadmap of the economy, has been announced. The government, which announced its main macroeconomic targets such as inflation, employment and growth for the period 2024-2026, lowered its growth expectations compared to the previous period and raised its inflation forecast.

Modi’s Speech on Indian Independence Day is a Declaration About Taking the Region’s Leadership

We Either Establish Khilafah or Become Slaves of the Hindu State Speaking on the Independence Day of the Hindu State, the Butcher of Gujarat and Indian Prime Minister, Narendra Modi, said, “We all know that our country was invaded (by Muslims) twelve hundred years ago. A small state (Sindh) and its king (Raja Dahir) were […]

 Allahu Akbar, Allahu Akbar, Allahu Akbar, la illaha illa Allah, Allahu Akbar Allahu Akbar Walillaahil Hamd

Hizb ut Tahrir / Australia extends its warmest greetings on this blessed and joyous occasion of Eid ul-Adha to all the Muslims, after spending the blessed first 10 days of Dhul Hijjah in obedience and drawing closer to our creator with righteous acts of obedience. Indeed Allah (swt) is most generous in showering His Mercy […]

We Salute You on Eid ul-Adha

Hizb ut Tahrir / Kenya would like to extend the warmest greetings on the blessed Eid ul-Adha to the Muslims in Kenya and the whole world in general. We convey our congratulations to the sons and daughters working tirelessly towards the reestablishment of the second Khilafah Rashidah (rightly- guided Caliphate) upon the method of Prophethood. […]

The Khilafah Alone Can Solve the Continuous Crisis of Financial Shortages in the Economy of Pakistan

Successive Pakistani governments have consistently faced the challenge of fiscal deficits. It means the state is continuously short of resources to spend on the people. This shortage of resources faced by the state is the direct consequence of the economic governance structures implemented in the country. Pakistan’s ruling elite implements the capitalist economic model in […]

The Economic Recovery Plan Cannot End the Growing Economic Crisis. The Plan is Subservient to the Capitalist International Order. It Paves the Way for More Chinese Economic Colonialism of Pakistan.

A press release issued by the government of Pakistan on June 20, 2023 announced a new economic recovery plan. It is primarily supported by the military leadership, and dubbed as the “Asim Munir Doctrine.” Under this plan, it has been claimed that a Special Investment Facilitation Council will be formed to promote investment from other […]

O believers! Take neither Jews nor Christians as guardians—they are guardians of each other. Whoever does so will be counted as one of them. [Al-Ma’idah: 51]

[يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَتَّخِذُوا الْيَهُودَ وَالنَّصَارَى أَوْلِيَاءَ بَعْضُهُمْ أَوْلِيَاءُ بَعْضٍ وَمَن يَتَوَلَّهُم مِّنكُمْ فَإِنَّهُ مِنْهُمْ] In recent weeks, Tunisia has witnessed an influx of European officials. On Sunday, June 11, 2023, the Italian Prime Minister, Giorgia Meloni (whose visit is her second in a week), accompanied by the President of the European Commission, […]

Money of the Muslims is in the Pockets of the Corrupt

Finally, after long deliberations between the government and Parliament representatives,  conflicts and consensuses between the political blocs that extended for five months, the House of Representatives voted on Monday, corresponding to 12/6/2023, on the draft federal budget law for Iraq for the fiscal years (2023, 2024, 2025), after adding a new article stipulating not dealing […]

The Khilafah Alone Can Solve the Continuous Crisis of Financial Shortages in the Economy of Pakistan

Successive Pakistani governments have consistently faced the challenge of fiscal deficits. It means the state is continuously short of resources to spend on the people. This shortage of resources faced by the state is the direct consequence of the economic governance structures implemented in the country. Pakistan’s ruling elite implements the capitalist economic model in […]

Capitalist Budget is a Means of Systematic Extortion of Public Money to Finance Organized Looting and Plundering

On June 1, 2023, Hasina government has unveiled the national budget titled “Towards a Smart Bangladesh after the march of development” for the fiscal year 2023-24. Finance Minister AHM Mustafa Kamal placed Taka 7.6 trillion budget which is 13.5 percent bigger than FY 23 with a ‘supposed’ focus on tackling inflation, generating jobs, and efforts […]

The People of Sudan Have Not and Will Not Be a Crisis for The People of Egypt Rather, The People of Egypt and Its Army Must Embrace Them and Support Them

Egyptian President Abdel-Fattah El-Sisi said that his country “will face economic repercussions and difficulties” if it receives more Sudanese, in the midst of the ongoing crisis between the conflicting parties in their country. This came in an interview he gave to the Japanese newspaper “The Asahi Shimbun”, which published the article, yesterday, Tuesday, 2/5/2023, on […]

The International Monetary Fund’s Positive Statements and Confidence in the Creditworthiness of Jordan’s Fiscal and Monetary Policies… Misleading and Conspiring to Bankrupt the Country

The International Monetary Fund (IMF) said that Jordan’s prudent fiscal and monetary policies have maintained economic stability and a positive future outlook for external creditors and global rating agencies. This came in a press interview with “The Kingdom” conducted by the Resident Representative of the International Monetary Fund in Jordan, Kareem Ismail, on 12/4/2023.

Q&A: The Saudi-Iranian Reconciliation

Question: A joint Saudi-Iranian-Chinese statement was issued on 10/3/2023 about reaching an agreement to resume relations between Saudi Arabia and Iran, and to open embassies within two months. To confirm the agreement, the Saudi king, on 19/3/2023, invited the Iranian president to visit Saudi Arabia. The talks were hosted and sponsored by China. The American […]

Sudan Press Report 30/03/2023

In continuation of the public actions organized by Hizb ut Tahrir / Wilayah Sudan, to mobilize the Islamic Ummah and sharpen its aspiration to re-establish the Khilafah Rashidah (rightly guided Caliphate) State, by creating public opinion aware of the rulings of Islam and its solutions, the party held multiple public events in the different regions […]

France Declares its Willingness to Throw Tunisia into the Fire

At a time when Tunisia is being destroyed and its situation is systematically aggravated, and this crisis is being internationalized so that the senior officials of the colonial countries issue fatwas and their media talk about the imminent moment of collapse, in order to create an international public opinion that legitimizes attempts at foreign intervention. […]

Q&A: The Political Scene in Nigeria

Question: The provincial and state elections took place in Nigeria on 11/3/2023, after completing the presidential elections. The results were announced on 1/3/2023, with the victory of the candidate of the ruling party, the All Progressives Congress Party, Bola Ahmed Tinubu, as those elections took place on 25/2/2023. His rival in the People’s Democratic Party, […]

Delegation from Hizb ut Tahrir Visits the Economic Adviser of the Supreme Political Council

A delegation from Hizb ut Tahrir in the Wilayah of Yemen, headed by Brother Abdullah Al-Qadi and with the membership of both Eng. Shafiq Khamis and Brother Muhsin Al-Ja’dabi, visited the Economic Adviser of the Supreme Political Council, Dr. Abdul Aziz Al-Tarab, in his office at his workplace.

Hennis-Plasschaert: Corruption in Iraq: “Systemic”

This was stated by the representative of the United Nations in Iraq. Yes, Hennis-Plasschaert; corruption in Iraq exists according to a system created by America since the first day of its occupation of Iraq. After it developed a constitution for it that regulates this corruption to create chaos and destruction in the country, which is […]

Rumours of a Technocrat Setup Prove the Current System Has No Solutions to Problems. It is Time for a New Politics and a New State, through the Re-Establishment of the Khilafah (Caliphate)

Hoping to solve economic problems, through a technocratic setup, is a fool’s dream. Throughout Pakistan’s history, the economy has already been run by technocrats, imported from the IMF, World Bank and other Western, economic, and colonialist institutions. Even today, the people who are being nominated for the technocrat setup have already been tried and tested. […]