All posts tagged: gold standard

A Delegation from Hizb ut Tahrir / Wilayah of Lebanon Visits Parliament Member Dr. Osama Saad of Sidon

As part of Hizb ut Tahrir/ Wilayah of Lebanon’s campaign to raise awareness of the dangers of joining the International Monetary Fund system, which the Lebanese authority adopts, and the current government’s program towards the IMF, elections and demarcation of borders leading to normalization with the Jewish entity, a Hizb delegation in Wilayah of Lebanon […]

Aydin (Turkey): Panel discussion to discuss the Islamic solution to the Economic Crisis

Hizb ut Tahrir / Wilayah Turkey organized a panel discussion in the city of Aydin as part of its campaign entitled “The Islamic Solution to the Economic Crisis”, which offers radical Islamic solutions to the current economic crisis in Turkey, by communicating with NGOs, representatives of parties and local media institutions and answering their questions.

Kahramanmaras (Turkey): Panel discussion on the Islamic solution to the Economic Crisis

Hizb ut Tahrir / Wilayah Turkey organized a panel discussion in the city of Kahramanmaras as part of its campaign entitled “The Islamic Solution to the Economic Crisis”, which offers radical Islamic solutions to the current economic crisis in Turkey, by communicating with NGOs, representatives of parties and local media institutions and answering their questions.

Slow Death Invades the Southern Governorates of Yemen, and the Government of Aden Does Not Care!

In the past weeks, the local currency witnessed a remarkable improvement against foreign currencies in the governorates controlled by the Aden government, after Abd Rabbo Hadi’s decision to restructure the administration of the Central Bank of Yemen in the temporary capital, Aden. But this improvement did not last long, and the joy of the people […]

The Ruling Authority in Lebanon Insists on Its War Against Allah (swt) and His Messenger (saw)

The ruling authority in Lebanon still insists on following the path of usurious borrowing from the International Monetary Fund (IMF) and the World Bank. Bringing Lebanon and its people under economic colonialism, by the IMF and the World Bank, and behind them America, which owns the largest share in them! This is despite the fact […]

Addressing the Economic Problems of Afghanistan is Impossible Without Comprehensive Implementation of Islamic Economy!

The Islamic Emirate held the Afghanistan Economic Conference in which representatives of 20 countries attended in person while 40 others joined online. This conference was aimed at assessing the economic problems of Afghanistan in different arenas in order to figure out appropriate solutions to the problems.

Economic Conference in Bursa: “Islamic Solutions for the Economic Crises in Ten Points!”

Hizb ut Tahrir / Wilayah Turkey organized an economic conference in Bursa entitled, “Islamic Solutions for the Economic Crises in Ten Points!” The brothers that presented the correct Islamic solution to the economic crisis afflicting Turkey were: Ust. Serdar Yilmaz, Ust. Musa Beyoglu, and Ust. Abdullah Imamoglu.

Turkey: Economic Conference in Ankara, “Islamic Solutions to the Economic Crisis in 10 Points”

Hizb ut Tahrir/ Wilayah Turkey organized an economic conference at the Kocatepe Cultural Center in Ankara entitled, “Islamic Solutions to the Economic Crisis in 10 Points.” The brothers that presented the talks were Ust. Süleyman Uğurlu, Ust. Muhammet Hanefi Yağmur, Ust. Musa Bayoğlu, and Ust. Abdullah İmamoğlu who presented the Islamic solutions to the economic […]

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 […]

Q&A: The Turkish Lira Falls to its Lowest Level And its Implications on the Presidential Elections in 2023

Question: The Turkish lira plunged to its lowest level in a short period, losing more than 30% of its value in less than two months, and losing more than 45% of its value since the beginning of this year. The inflation doubled to about 21% and prices rose significantly. Note that it has been in […]

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 […]

A Khilafah Alone Can Ensure Economic Development, through Unification of the Abundant Resources of the Current Divided Muslim Nation States, including Pakistan

In November 2021, Pakistan and the International Monetary Fund (IMF) reached a staff level agreement for the next interest based loan tranche, upon fulfillment of IMF conditions. The IMF conditions include an increase of Rs. 350 billion in taxes through a mini-budget, an increase of Rs 4 per liter in the Petrol Development Levy (PDL) […]

Views on the News 19/11/2021

Headlines: • After Lira Tumble, Turkey Faces Threat of Inflation and Currency Crisis • US: Pakistan, Taliban Violators of Religious Freedom • Paulson Warns of ‘Dangerous’ World If China-U.S. Tensions Worsen After Lira Tumble, Turkey Faces Threat of Inflation and Currency Crisis As expected, the central bank cut rates by another 100bps, which sent the […]

The Khilafah’s Gold and Silver Currency Will End the Inflation, Caused by Printing Money to Cover Government Expenditure

In Pakistan, from July 2018 to June 2021, the capital in circulation ballooned by 2,300 billion, whilst bank deposits soared by 6,000 billion. 8,300 billion rupees flooded into the system in just three years, whilst the country’s gross domestic product did not rise to match that surge, largely remaining stagnant. The inevitable result was a […]

Only the Implementation of the Islamic Economy will End the Volatility of the Afghan Currency

The Taliban obliged the inhabitants of Afghanistan to use only the national currency in trade. Deputy Minister of Information and Culture in the interim cabinet Zabihullah Mujahid announced this on his Twitter page. The statement says that the use of foreign exchange negatively affects the economy, and these losses are reflected in every inhabitant of […]

The Khilafah Alone Will End Our Misery and Humiliation at the Hands of the American Economic Order

We are suffering immensely, as the economy obviously collapses, despite the reassurances of Pakistan’s rulers. The rupee is collapsing in value, whilst inflation is spiralling out of control. Fuel, electricity and gas prices are all increasing, as are taxation and unemployment. As if our economic misery were not enough, the rulers use the weak economy […]

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 […]

Islam’s Currency Prevents Back Breaking Inflation!

The Rupees is tied to the dollar The Rupee is constantly weakening, causing huge inflation. In 2018, one dollar bought 120 Rupees On 26 October 2021, one dollar bought 175 Rupees. The Messenger of Allah (saw) declared gold and silver as the basis for currency. The prices in the Khilafah were stable for centuries. #KhilafahEndsAmericanEconomicOrder