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**Rx-Ultram** · 06-26-2012, 10:06 PM

Traditional Sunni Fiqh prohibits private corporations to operate as they do in the Capitalist economy. Private companies are highly regulated. The Salafis by rejecting traditional fiqh and 'taqleed' have indirectly allowed corporations to function and have made everything halal. Salafism is perfect for introducing riba in the economy.

private corporations never were "highly regulated" simply because the state never had the power and reach to tightly regulate businesses.
I'd like to see proponents of strict regulation of business to bring precedence for their ideas.

06-26-2012, 10:06 PM	#11
Rx-Ultram Join Date Oct 2005 Posts 438 Senior Member	Traditional Sunni Fiqh prohibits private corporations to operate as they do in the Capitalist economy. Private companies are highly regulated. The Salafis by rejecting traditional fiqh and 'taqleed' have indirectly allowed corporations to function and have made everything halal. Salafism is perfect for introducing riba in the economy. private corporations never were "highly regulated" simply because the state never had the power and reach to tightly regulate businesses. I'd like to see proponents of strict regulation of business to bring precedence for their ideas.
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