All posts tagged: electricity

Without Islam’s Gold Dinars and Silver Dirhams, Our Currency Will Always Collapse Before the Dollar. Dollar Hegemony is Maintained by the IMF, the Guardian of the Western International Financial Order

Complying with IMF conditions, Pakistan’s government sharply devalued the rupee, by around twenty-five rupees, which is ten percent of its value, unleashing a storm of inflation. A sharp increase in the prices of electricity, oil and gas is expected soon, with news that an ordinance to impose additional taxes of 300 billion is on its […]

Widespread Electricity Blackouts in Pakistan are Evidence of the Complete Bankruptcy of the Regime

Pakistan has suffered a nationwide power outage due to a technical fault that left large swaths of the country, including the capital Islamabad, without electricity. In a statement on Twitter, the energy ministry said the system frequency of the national grid went down at 7:34am (02:34 GMT) on Monday morning, 23 January. “System maintenance work […]

Pay Rises Will Not Draw the Curtain over the Oppression of the Capitalist System!

Türkiye: Inflation figures for December, which concern millions of working civil servants and retired civil servants, have been announced. The rate of increase in salary of civil servants and retired civil servants has been announced. Civil servants and retired civil servant retirees will get a raise of 16,47 percent. President Erdogan updated the 2023 rate […]

Compliance with IMF Prescription to Increase Fuel Price is only for the Survival of Hasina’s Corrupt Regime, but Suicidal for our Economy

Amid public suffering due to the price hike of essentials and hampering of industrial production due to the power crisis, the deceitful Hasina government has decided to increase the bulk electricity prices by 19.92% to Tk6.20 kWh from the previous price of Tk5.17 kWh in compliance with the prescription of International Monetary Fund (IMF).

The Reason for the High Prices of Electricity and Natural Gas is Capitalist Policies

The Turkish Energy Market Regulatory Authority (EPDK) announced an increase in electricity tariffs for residential subscription groups by 20%, and for industrial subscription groups by 50%. Meanwhile, Turkish Petroleum Pipelines Corporation (BOTAŞ) announced a 20.4% increase in the residential subscription natural gas tariff and a 50.8% increase in the industrial subscription natural gas tariff. Thus, […]

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 […]

Pakistan News Headlines 13/09/2019

• Capitalist Economics Makes Basic Necessities Out of Reach of the Common Man • Pakistan’s Economic Crisis Cannot be Glossed Over by False Hopes. Nothing less than Ruling by Islam will Fix it Capitalist Economics Makes Basic Necessities out of Reach of the Common Man Facing severe public criticism over price hikes of several items […]