• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • CommentGo Back
Download
 
 
Towards a TranquilSafe World under theShade of the EconomicSystem of Islam
2009 - 1430 Hijri
 
 
2
 
Contents 
Introduction 3Opening address 4Capitalism is inherently flawed and prone to crises 8 The present economic crisis: causes and effects 21 The impact of the global financial crisis onBangladesh and Pakistan27 The impact of the global financial crisis on the Arabcountries38 The economic, social and ideological impact of thecredit crisis in Europe45 The effects of the financial crisis in the West 52 The failure of the current solutions to the financialcrisis57Only the Islamic economic system under theKhilafah state can provide crisis-free economicjustice
 
69
 
 
3
Introduction
 All Praise is to Allah (subhanahu wa ta’ala) who bestowed on is the blessing of Islam and peace andblessings upon the Messenger of Allah (sallallahu alaihi wa sallam) and His family, companions and allthose who followed him.On the 7th of Muharram 1430 Hijri, corresponding to the 3rd of January 2009, Hizb ut-Tahrir held aglobal economic conference in Khartoum, Sudan. It was attended by an audience of over six thousandmen and women who answered the call of the party to attend the conference. Thinkers, scientists,politicians and economists from around the world attended the conference. The widely publicised conference took place against the backdrop of the current economic crisis thathas illustrated the astounding failure of the capitalist system to create a secure and just life, free fromcrises. The conference began in the morning with the recitation of the Glorious Book of Allah (subhanahu wata’ala), an address about Israel's onslaught on Gaza and a call to the armies to move to rescue the dignity of the Muslims of Palestine. The opening address was a poignant message from the global leader of Hizb ut-Tahrir, Alim Ata ibnKhalil Abu Rashta. The talks that followed examined the origins of the economic crisis, the inherent weaknesses of the capitalist system, the failure of the capitalist solutions and the global impact of thecrisis in Pakistan, Bangladesh, Turkey, Sudan, Indonesia, the Arab countries and the western world. The conference ended with the final presentation that detailed the principles of the economic system inIslam and demonstrated how this system would succeed where both Capitalism and Communism hadfailed. The conference was widely reported in the print and broadcast media, especially in Sudan. It was widely covered on both satellite television and radio and was reported in over a dozen newspapers. We have presented in this book, the papers that were presented at the conference, in order to instilconfidence in the Ummah in the economic system of Islam which will be applied under the Khilafahstate, whose return is imminent.Finally, we ask Allah (subhanahu wa ta’ala) to enable all of those who participated and contributed tothis conference to see with their own eyes the return of the Islamic Khilafah which will apply theIslamic economic system and spread safety, security and justice throughout the world.
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...