All posts tagged: islamic economic system

Economic Conference in Adana, Turkey: “Islamic Solutions for the Economic Crisis!”

Hizb ut Tahrir / Wilayah Turkey organized an economic conference at Yorgir Center for Public Education in Adana entitled “Islamic Solutions to the Economic Crisis!” The conference, which was presented by Ustaadh Furkan Turamantkin, began with the opening speech of Ustaadh Aziz Terazi, followed by the speech of Ustaadh Musa Beyoglu, in which he clearly […]

Unabated River Grabbing in Bangladesh shall only be stopped with the Re-establishment of the Khilafah (Caliphate)

Rivers are vital natural resources for Bangladesh’s economic growth and development. Being home to the world’s largest river delta, Bangladesh always has vast potential of increasing trade and strengthened food security. But the nonstop illegal encroachment of the rivers by the crony capitalists supported by widespread government corruption are slowly sending almost all our 700 […]

After the Failure of Both Parliamentary and Presidential Democracy, It is Time for Khilafah

The failure of democracy is glaringly obvious. After the failure of Musharraf’s presidential democracy and the parliamentary democracies of Zardari, Nawaz and Imran Khan, it is clear that any ruling system based on laws originating from limited human minds has failed. Such Western ruling systems have only enslaved Pakistan to Western colonialist exploitation for decades. […]

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.

Pakistan’s Economic Miseries Resulting from IMF Dictates, will only End Through a Khilafah, Abiding to the Commands and Prohibitions of Allah (swt) and His Messenger (saw)

The National Assembly on Thursday, 13th January 2022, passed the controversial Finance (Supplementary) Bill, known as the “mini-budget,” along with the State Bank of Pakistan (Amendment) Bill 2021, during a prolonged session, amidst fierce objection from the opposition benches. The Finance Bill and the SBP bill, both tabled on 30 December 2021, are necessary to […]

Islamic Solutions to the Economic Crisis in Ten Points

Hizb ut Tahrir / Wilayah Turkey explained the solution to the economic crisis in Turkey by organizing a press conference in Istanbul entitled: “Islamic Solutions to the Economic Crisis in Ten Points!” On Wednesday, January 05, 2022. Five brothers participated in the press conference: Islamic economist Haki Aran; Islamic economic expert M.Hanafi Yagmur; and the […]

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 […]

The Scourge of Privatization Brought about by Western Capitalism is also Invading Uzbekistan

In accordance with Cabinet Resolution No. 594 of 22/09/2021, the Tashkent City Administration and the Asian Development Bank signed an agreement on the provision of advisory services for the project: Modernization of the Heat Supply System for the City of Tashkent and its submission to the administration under the terms of a public-private partnership. The […]

The Western Economic Order Ensures Dollar Hegemony

Nothing Less than the Sound Economic Policies of the Khilafah Will End Inflation The Muslims of Pakistan are crushed by waves of back-breaking inflation as the Rupee crumbles before the dollar. Household budgets for many are stretched to provide just two meals a day. Despite the hue and cry against inflation by the opposition, it […]

Fuel Price Shocker: A Systemic Failure of Capitalist –Tax System

As always expected, once again, fuel prices have risen to astronomical level in Kenya’s history after the State discontinued a subsidy scheme introduced in April to ease public outrage over the high cost of living. The energy regulator — Energy and Petroleum Regulatory Authority (Epra) — removed subsidies of Sh7.10 on petrol, Sh9.90 on diesel […]

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’. […]

As Long as the Pakistani Rupee is Not Linked to Gold and Silver, It Will Continue to be Devalued, Drowning Us in Back-Breaking Inflation

The Pakistani rupee has been depreciating rapidly over the past month. On 10 July, 2021, one dollar was selling at Rs. 155.92, whilst on 5 August 2021, one dollar was selling at Rs. 163.41. Thus, in less than a month, the rupee has lost Rs 7.49, or 4.8 per cent, of its value against the […]

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.”

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 […]