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The Islamic Economic System as an alternative

The Islamic Economic System as an alternative

🔊The Islamic Economic System as an alternative
1⃣You are the best of the nation raised up for mankind because you enjoin what is right and forbid the wrong and believe in Allah” [Al-Imran 3:110]
2⃣We need to realise our responsibility of speaking out against the evil and injustice that we see globally today
✅Islam focuses on the distribution of wealth not just the production
✅All basic needs guaranteed
The Prophet (saw) said, "The Son of Adam has no better right than that he would have a house wherein he may live, a piece of clothing whereby he may hide his nakedness and a piece of bread and some water" [Tirmidhi]
✅Umar ibn Abdul-Aziz, the famous Khalifah, wrote to his agent in Basra, Iraq, ‘Search for the people of the covenant in your area who may have grown old, and are unable to earn, and provide them with regular stipends from the treasury to take care of their needs.’ [Abu Ubayd, al-Amwaal, p. 805]
❤The Islamic state used to have public baths, Musafir Khana’s where travellers could stay for free and even open kitchens – e.g. in Bosnia during the Ottoman Khilafah period there were open kitchens where the poor could go and eat for free.. Subhan Allah..
❤The first organised hospital was built under Islamic rule in Cairo in 872CE. The Ahmad ibn Tûlûn Hospital treated and gave free medicine to all patients.
✅Circulation of wealth is a duty
That it does not become a commodity between the rich among you. [TMQ Al-Hashr: 7]
✅Prohibition of Riba – encouragement of investment
Allah has permitted trade and forbidden (all) interest.” [TMQ Al-Baqarah: 275]
✅Al-Bukhari reported on the authority of Abu Hurayrah that the Messenger of Allah (saw) said: "He who takes money from people with the intention of paying it back Allah will pay on his behalf, and he who takes it with the intention to waste it Allah will waste him."
❤Hasan al Basri narrated that Allah's Messenger (saw) said: "He whom death overtakes while he is engaged in acquiring knowledge with a view to reviving Islam with the help of it, there will be one degree between him and the Prophets in Paradise." [Al-Tirmidhi]

The Islamic Economic System as an alternative

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