Islam Is Here, Islam Is Peace

[QUOTE=Malaikah;836733]Erm... then I take it you are unaware that Islam has a whole area of study about this kind of stuff? Laws and rules governing business transactions, money, taking loans, stuff like that?

Hii...that goes without saying la...but what has Islam got to do with the impact of poverty and wealth...if in a Muslim country where there are crisis or economic problems...that is the failure of the Muslims itself...nothing to do with the religion.



Why do you think an Islamic state would lack that?

Islam is a lot more than just a 'religion', it is a complete way of life. It is also a lot more complex than what you seem to be assuming.

So, tell me la...what do you think? May I ask you again...why do you think an Islamic state would lack that?

format_quote Originally Posted by Malaikah

Erm... then I take it you are unaware that Islam has a whole area of study about this kind of stuff? Laws and rules governing business transactions, money, taking loans, stuff like that?

The only thing I can really think of that can effect economy significantly is the strict prohibition of interest/usury. (Not that I have any knowledge about economics, from a secular or Islamic perspective).

Why do you think an Islamic state would lack that?

Islam is a lot more than just a 'religion', it is a complete way of life. It is also a lot more complex than what you seem to be assuming.

You might like to have a look at this, question and answers about commerce issues related to Islam:
http://islamtoday.com/show_sub_secti...5&sub_cat_id=0

I have read over Islamic Law and political economics. Its stands at a stark contradiction of what Muslims which for a Caliphite state.

Without Interest, you would unable to kick-start, or slow-down an economy or smooth over the business cycles. This is deathly impt because unregulated business cycles have a habit of getting more erradic to the point where you get a total collapse (see Depression).

Seeing an Islamic economy would also encourage big gov't and spending, you would also start to see rising inflation, but again, without control on interest rates (or lack of them all together) it would just build up and get worse and worse.

There is also the issue of black markets, but that an enormous problem that requires other solutions.

Then there is the social problems, ie. non-muslims getting more rights outside of the state thus moving out. Youll start to get a major drain in terms of skilled labor etc.

Only way for an Islamic state to exist, is by small, very small in terms of power. It would most likely be poorer than Bolvia and weild te same sort of globo-political power. Most muslims imagine some sort of super-happy utopian state, simply put, thats impossible.

[QUOTE=I_notGenerous;836889]

format_quote Originally Posted by Malaikah

Erm... then I take it you are unaware that Islam has a whole area of study about this kind of stuff? Laws and rules governing business transactions, money, taking loans, stuff like that?

Hii...that goes without saying la...but what has Islam got to do with the impact of poverty and wealth...if in a Muslim country where there are crisis or economic problems...that is the failure of the Muslims itself...nothing to do with the religion.



Why do you think an Islamic state would lack that?

Islam is a lot more than just a 'religion', it is a complete way of life. It is also a lot more complex than what you seem to be assuming.

So, tell me la...what do you think? May I ask you again...why do you think an Islamic state would lack that?

Islamic Law is agaisnt interest and non-muslims being on completely equal terms with Muslims in terms of laws. If it didnt lack these things, then it wouldnt an Islamic state according to scholars.

format_quote Originally Posted by Malaikah

Yeh, right!laying: We will stick to more moral ways of making money without robbing it from people thank you very much.

I'm not economist so I'm not going to bother entering too deeply into this discussion.

(By the way, I recall reading somewhere that inflation is handled by the fact that the money has to real, not just paper money... umm I don't really know how to explain it, but it has something to do with the money loosing its connection with gold/silver).

That was back when countries used gold and silver standards which was gotten rid of during the 70s I believe. Now 'Real Money' turns into 'Paper money' because of inflation devaluing the currecy. Basically what costed 2$ three yrs ago now costs 5$. A major contributer of inflation is gov't spending as it introduces more money into the economy and oversupply devalues it.

Without interest rates you have no way to control this effectively. So you be a 'moral state' and a shining example, you just wont last very long as inflation eats you alive.

format_quote Originally Posted by Md Mashud

Dear God, Saudi Arabia/Taliban are far off Islamic sharia-_-... Also, non-muslims are allowed to live under islamic states, it was done so in the past, during the crusaded, for example.

Non-Muslims are allowed to live under Islamic states as second or third class citizens.

Granted that was better than Muslims got from the Christians.
Usually the Muslims weren’t allowed to live.

But don’t mistake it as anything the vast majority of non-Muslim living in a Democracy would want.

format_quote Originally Posted by bewildred

Hi wilber,

I agree with your signature but not with the statements you made.

I think that there's nothing nor no one who's gonna succeed to change your so very clichéed and stereotyped opinions on the Islamic societies (LOOK AT MY AVATAR)


Bewildred S.

Not wanting to stur up a mud slinging contest, I'm going to send you a PM.
I would love to here something back from you showing that non-Muslims were not second class citizens.

Any one who would like to see it can PM me.

PS: It's isn't anti-Islamic, it is just historical facts.