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**BalaGire** · 07-09-2012, 01:00 AM

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.

now you have gone from capitalism to capitalist societies. Its like talking about islam and muslim societies. Taliban, alqaeda, alshabab are muslim societies. you still ignoring the definition of capitalism quoted which is a standard high school summary we learn. Go read a simple introductory book on it. Riba and banking ethics are seperate concepts. I can trade with gold currency and partcipate in capitalism.

07-09-2012, 01:00 AM	#25
BalaGire Join Date Nov 2005 Posts 452 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. now you have gone from capitalism to capitalist societies. Its like talking about islam and muslim societies. Taliban, alqaeda, alshabab are muslim societies. you still ignoring the definition of capitalism quoted which is a standard high school summary we learn. Go read a simple introductory book on it. Riba and banking ethics are seperate concepts. I can trade with gold currency and partcipate in capitalism.
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