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**Dwencejed** · 07-08-2012, 04:03 PM

I already said trade for profit is halal and natural, so why are you arguing as if I am saying the opposite? Why are you so keen to ignore riba and banking as part and parcel of the Capitalist system? Why do you want Muslims to accept the current system is halal?

Do you even know what central banks do? Do you know what fiat currencies are and if they are halal? Do you know that one does not have to take out a loan but just by using the paper currency and conforming in paying taxes and living by all the other regulations one is living in a riba economy and giving it power?

Ron Paul: End the Fed and Restore Sound Money
http://www.youtube.com/watch?feature...v=XvTekMndCvo#!
4 minutes 14 seconds long

Ron Paul shows clearly why American Capitalism is not Islamic it allows a few elites to control the economy and the livelihoods of billions of people around the world because of the fiat dollar reserve currency status. Are corporations as defined by Capitalist laws acceptable in Islamic law? No they are not.

[QUOTE=mubakr;789779]

Bro we would just keep on arguing. You can keep on thinking capitalism is solely riba and I will keep on thinking capitalism by definition doesnot necessitate riba dealings. An Islamic society can be capitalist as have been many Muslim merchants and communities of past and present. If I look at my home town we have big Muslim entrepreneurs in all major business industries and many of them dont deal in loans at all. So? Is there participitaion in profit making haram? Owning capital like maize mills and big confectionaries and bakeries, cement factories and trading with intent of profit, by means of employing labour, land and other capital which they pursued or acquired through halal means. Many Muslim entrepreneurs started small and now are big names. WE have many examples of them who have tried and been true to ISlamic morals and Quranic teachings. You can blend peoples heads with abstract notions and connect complex and confusing relationships and make your own definitions of capitalism. You are neither being true to academia where you selectively pursue definitions and concepts of capitalism as per your lens and views nor are you true to Islamic tradition by making something haram, many of the capitalistic concepts which are within halal framework aside from the ones ulema have told us are clearly haram ones.

07-08-2012, 04:03 PM	#23
Dwencejed Join Date Oct 2005 Posts 474 Senior Member	I already said trade for profit is halal and natural, so why are you arguing as if I am saying the opposite? Why are you so keen to ignore riba and banking as part and parcel of the Capitalist system? Why do you want Muslims to accept the current system is halal? Do you even know what central banks do? Do you know what fiat currencies are and if they are halal? Do you know that one does not have to take out a loan but just by using the paper currency and conforming in paying taxes and living by all the other regulations one is living in a riba economy and giving it power? Ron Paul: End the Fed and Restore Sound Money http://www.youtube.com/watch?feature...v=XvTekMndCvo#! 4 minutes 14 seconds long Ron Paul shows clearly why American Capitalism is not Islamic it allows a few elites to control the economy and the livelihoods of billions of people around the world because of the fiat dollar reserve currency status. Are corporations as defined by Capitalist laws acceptable in Islamic law? No they are not. [QUOTE=mubakr;789779] Bro we would just keep on arguing. You can keep on thinking capitalism is solely riba and I will keep on thinking capitalism by definition doesnot necessitate riba dealings. An Islamic society can be capitalist as have been many Muslim merchants and communities of past and present. If I look at my home town we have big Muslim entrepreneurs in all major business industries and many of them dont deal in loans at all. So? Is there participitaion in profit making haram? Owning capital like maize mills and big confectionaries and bakeries, cement factories and trading with intent of profit, by means of employing labour, land and other capital which they pursued or acquired through halal means. Many Muslim entrepreneurs started small and now are big names. WE have many examples of them who have tried and been true to ISlamic morals and Quranic teachings. You can blend peoples heads with abstract notions and connect complex and confusing relationships and make your own definitions of capitalism. You are neither being true to academia where you selectively pursue definitions and concepts of capitalism as per your lens and views nor are you true to Islamic tradition by making something haram, many of the capitalistic concepts which are within halal framework aside from the ones ulema have told us are clearly haram ones.
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