‘Admitting you are a secularist can get you killed in Pakistan’

[Zarvan]

Will you enlighten me about Islamic economic system? and comparison with current system? But be precise and to the point. Don't google and copy & past pages which you yourself don't read what's written.

Sir I have read those things which I post Sir and read books Minhaj ul Muslim and also Balugul Marum they have also lot of details

 

[Zarvan]

Dear as i already said, All the mandatory things and guidance for that is there i.e. Ablution is mandatory for Prayer and guidance for this already there



Re-read the highlighted part, Guidance is simple, clear & complete, even a kid can understand it and know how to wash face, hands till arms, feets till ankles etc.- If you fulfill these requirement than your Ablution is complete as per God's order. Purpose of this is not to make life difficult but cleanness . Now, You are saying that this is not complete method (God forgot many important things to mention) and i must look for Hadith, but still there is difference between sect on this simple and most basic thing, everyone have a Hadith to prove his method is correct, When i read the method from Quran it was simple & easy for me, When i read the Hadith's, i am confuse who to follow - Shias or Sunnis. Ok, i Sunnis are majority lets go with them, now who to follow Hanafi or Shafi, whatever i follow i am not sure about it because everyone have Hadiths and tales to prove his method is correct. Ok maybe Islam is not that much easy as God & Prophet (PBUH) claimed - i should contact Mullahs - Now every mullah tells me more complex details, One say that i should start rubbing my head from front to backwards than also put my index fingers in my ears, second says that no you should use thumbs not index finger and than rub my head and also neck, third say you are not rubbing your neck correctly, you must use backside of your hands for this purpose and list goes on, and everyone says my Ablution is not complete if don't follow his method, Well Thank you telling my correct methods - I have excuse now - I will say to God that you didn't told me complete method in Quran and also you didn't told which sect to follow - So i didn't knew what is the correct method of Ablution that's why i didn't offered my prayers as Ablution is necessary for prayer.

Same is the case with others - I can quote you thing related Prayer, Zakat & Hajj but if most straight forward instruction of simple thing Ablution can't convince you than how can Quran convince you for other major things.

No Sir you can't make any excuse Sir because ALLAH send HAZRAT MUHAMMAD SAW so he will tell the details of the orders of HAZRAT MUHAMMAD SAW and you will not have any excuse and I knew you will one day deny Quran and are you going that where sir HAZRAT MUHAMMAD SAW have told all the details and those details are in Hadees and Sunnah Sir which Muslims havea to follow

Page 1 of 3
Introduction
What is system?

System (from Latin systema, in turn from Greek systēma) is a set of interacting or interdependent entities, real or abstract, forming an integrated whole.
A group of interdependent items that interact regularly to perform a task.

Economic System

An economic system is a system that involves the production, distribution and consumption of goods and services between the entities in a particular society. The economic system is composed of people and institutions, including their relationships to productive resources, such as through the convention of property. In a given economy, it is the systemic means by which problems of economics are addressed, such as the economic problem of scarcity through allocation of finite productive resources. Examples of contemporary economic systems include capitalist systems, socialist systems, and economic system of Islam. Economic systems are the economics category that includes the study of respective systems.

Economic System of Islam

Islamic Economic System implies a mood of satisfying the economics needs of the members of organized society in accordance with is injection of Quran and Sunnah. The mood of spending production, distribution and exchange of wealth is determined by the tenor of these injections. In this system the economic activities of the members of the society are regulative by the certain values of which pity, justice, benevolence, cooperation, brotherhood and equality are especially important. The sources and origin of these values are the Holy Quran and the Sunnah of Allah’s Apostle (PBUH). They are eternal and immutable. Consumers, producers and traders are must abide these values.
At one level, the state can also use the its powers to implements and enforce these values, however, Islam mostly ensure their implementations and daily affairs of life through its system of education and training and by creating a general climate of piety in the society.

Some Fundamental features of Islamic Economics System are written below.
All the wealth belongs to Allah (SWT):
"And give them of the wealth of Allah which He has given you." [An-Nur: 33]
The community is the trustee of the wealth:
"Believe in Allah and His Messenger, and spend whereof He has made you
heirs."[Al-Hadid: 7]
Hoarding of wealth is prohibited:
"And those who hoard up gold and silver and spend not in the way of Allah;
announce to them a painful chastisement." [At-Tauba: 34]
. Circulation of wealth is a duty:
"Whatsoever Allah may restore unto His Messenger - is due unto Allah and unto His Messenger - the orphans and the needy. So, that it may not be confined to the rich amongst you." [Al-Hashr: 7]
Other Economic System

There are two economic systems
• Capitalism
• Socialism
Capitalism

Capitalism is the economic system in which the means of production are distributed to openly competing profit-seeking. Capitalism is not merely an economics system but a peculiar attitude of mind and behaviour. Basically it springs out of the notion of the capitalist that he has earned his wealth by his own ability, skills, knowledge and wisdom.
Some of the features of capitalism are written below.

Private persons and where investments, distribution, income, production and pricing of goods and services are predominantly determined through the operation of a market economy
Capitalism is originally defined as a mode of production, where it is characterized by the predominant private ownership of the means of production, distribution and exchange in a mainly market economy
Capitalism is usually considered to involve the right of individuals and businesses to trade, incorporate, and employ workers, in goods, services (including finance), labor and land.
In Capitalism, state action is confined to defining and enforcing the basic rules of the market though the state may provide a few basic public goods and infrastructure.
The most laissez-faire capitalist economies, as measured by indices of economic freedom, include countries like Hong Kong and Canada

Socialism

Socialism or communism means an economics system in which the mean of production are owned by the state. A central directorate controls the production of goods and services. The directorate decides the nature, quantity, and mood of production of goods. This distribution of goods is also directed by the central body.
Socialism refers to a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods, and the creation of an egalitarian society.
Modern socialism originated in the late nineteenth-century working class political movement. Karl Marx posited that socialism would be achieved via class struggle and a proletarian revolution which represents the transitional stage between capitalism and communism.
Socialists mainly share the belief that capitalism unfairly concentrates power and wealth among a small segment of society that controls capital and creates an unequal society. All socialists advocate the creation of an egalitarian society, in which wealth and power are distributed more evenly, although there is considerable disagreement among socialists over how, and to what extent this could be achieved
Some features of socialism are written below
Socialism is not a discrete philosophy of fixed doctrine and program
its branches advocate a degree of social interventionism and economic rationalization, sometimes opposing each other.
Another dividing feature of the socialist movement is the split on how a socialist economy should be established between the reformists and the revolutionaries.
Some socialists advocate complete nationalization of the means of production, distribution, and exchange;
While others advocate state control of capital within the framework of a market economy. Social democrats propose selective nationalization of key national industries in mixed economies combined with tax-funded welfare programs.
In the 1970s and the 1980s, Yugoslavian, Hungarian, Polish and Chinese Communists instituted various forms of market socialism combining co-operative and State ownership models with the free market exchange.
This is unlike the earlier theoretical market socialist proposal put forth by Oscar Lange in that it allows market forces, rather than central planners to guide production and exchange.


Page 2 of 3

Difference between Islamic economic System and others (Capitalism and Socialism)

Here we will discuss the difference between the Islamic and Other Economic System like Capitalism and Socialism briefly by comparing Islamic and Other Economic Systems in respect of their basic concepts.

Comparison of Capitalism with Islam:
Capitalism and Islam are compared in respect of their basic economic concepts as under:

1. Right to ownership:

The existence of right of private ownership of property is the hallmark of capitalism. The system believes in the private ownership of the means of production, distribution and exchange which are managed and controlled by individuals or groups of individuals for private profit. The unrestricted right to own property and earn profits leads to concentration of wealth in few hands. This necessarily disturbs the balance of distribution of wealth and income in society. The economic disparities and the ever-increasing gulf between the rich and the poor sows the seeds of discord and destruction in the capitalist society.

Islamic concept of ownership is unique one. Ownership, in reality, belongs to God while some rights only vest in man so that he may fulfill the purpose of God, that is the purpose of community by acting as a trustee for those in need. In other words, what Allah has created for benefit of and service to man belongs collectively to the whole humanity. Legal ownership by the individual is recognized in Islam but it is subject to the moral obligation that in all wealth all sections of society have the right to share. Thus private or individual ownership in Islam is not unlimited or unrestricted. All the means of production are not placed under private ownership as public ownership of certain things of common utility exists side by side with it in an Islamic state. Islamic state has also the right to nationalize certain things which are under private ownership for the benefit of the community. In this way the limited right of private ownership with law of inheritance which distributes the estate of the deceased among fairly large number of heirs averts concentration of wealth in few hands and thus prevents class-conflict.


2. Economic Freedom:

Unrestricted economic freedom and non-interference of the state in such freedom is another feature of capitalist economy. Every individual is at liberty to initiate, organize and establish any enterprise, business, trade, profession, etc. He has full freedom to earn as much income as he can and spend his wealth in whatever manner he likes. This unrestricted economic freedom generally leads to earning of wealth through foul means such as gambling and prostitution. It also encourages business malpractices such as smuggling, black marketing, profiteering, hoarding, speculation, forward transactions, fraud, exploitation, adulteration, etc. Thus a mad-race for earning wealth becomes order of the day and high social and moral values such as fraternity, brotherhood, mutual help, love, benevolence, truthfulness give place to selfishness, callousness, hatred, falsehood and mistrust. Capitalism, in fact, has come to signify a religion of money or dollar dictatorship.

Islam also allows economic freedom to an individual who is at liberty to earn wealth, own it and spend his wealth at his discretion. But the freedom given by Islam in economic sphere is not unlimited. Islam makes distinction between halal (permitted being lawful) and haram (forbidden being unlawful) in every economic activity embracing vast fields of production, exchange and consumption.2 Similarly consumption of wealth on luxurious living, haram things and extravagant spending is also forbidden. A Muslim is required to pay Zakat and spend whatever he can for the cause of the poor and the destitute. All these regulations promote moral values in Islamic society and eliminate mad-race for wealth and material gains.


3. Monopoly:

Competition, which is another feature of capitalism, leads to the destruction of minor enterprises and firms. This encourages merger of smaller business organisations into major ones and thus monopolies or cartels are established. Monopolies kill free competition, cause inflation in prices and ultimately result into unemployment. Thus labour and consumer are both exploited in such a situation. Moreover, trade-cycles, unplanned production, over-competition, increasing accumulation of capital upsets the balance between production and consumption which sometimes leads to economic depressions.

Islam forbids unhealthy competition and bans all the ways which lead to it. Islam also disallows establishment of monopolies. The Prophet of Islam is reported to have said Whoever monopolies is a sinner. Especially monopolies over food-stuffs or articles of daily use are forbidden by Islam. Commodities and services which are of the common interest of the community are never allowed to be monopolized.

4. Institutions of Interest:

The Institution of banking and interest is the life-blood of capitalistic form of economy. For business, trade and industry especially for big projects and economic ventures, huge funds are required which no individual or firm can arrange. This leads to establishment of banks who borrow capital from depositors and investors on lower rate of interest and lend it to business enterprises on higher rate of interest. Thus the institution of interest has become part and parcel of capitalism.

Islam considers interest as the most exploitive institution for humanity and has abolished it root and branch in its every form and manifestation. According to al-Quran taking of interest tantamount to war against God and His Apostle, while according to Prophet Muhammad (PBUH) interest is worse than adultery. Islam builds its economy on interest free basis and promotes profit and partnership as incentive for saving and investment.


5. Exploitation:

Unrestricted right of economic freedom and uncontrolled right of private ownership has practically resulted into exploitation. Economic exploitation of the weak by the strong is an order of the day in a capitalist society. Wealth is the religion of every person (but a few honorable exceptions) and earning of it through fair or foul means is his creed. Consequently, everyone exploits the other economically with a view to gather as much fortune as possible.

Islamic economic system, on the other hand, ensures elimination of exploitation of one man by the other. Many effective measures have been taken by Islam to do so. Riba or usury is one of the worst instruments of human exploitation and this has been abolished in all forms by Islam.
6. Distribution of Wealth: Capitalism does not believe in fair and just distribution of wealth. Since it believers in full economic freedom and private ownership of means of production. Concentration of wealth in few hands takes place while huge majority of the populace is deprived of the very basic necessities of life. The privileged few live in luxury while poverty, ignorance, disease and unemployment is the lot of the multitude. This disturbed balance of distribution of economic resources and unbridgeable gulf between the haves and have-nots ultimately leads to class struggle and ultimate overthrow of the very system.

Islam on the one hand guarantees provision of basic human needs such as food, clothing and shelter to everyone and, on the other hand, ensures fair and equitable distribution of wealth and economic resources among all. For bridging the gulf between the rich and the poor and for ensuring equitable distribution of wealth, Islam has taken many steps such as Zakat and Sadaqat, laws of inheritance and compulsory contributions in the form of taxes and duties. To prevent concentration of wealth in few hands Islamic economic code has taken measures like abolition of interest, prohibition of earning of wealth through haram means, prohibition of hoarding of wealth, etc.

Page 3 of 3
Comparison of Socialism with Islam

Socialism and Islam are compared in respect of their basic economic perceptions as under:

1. Ownership:

State ownership of all property and means of production, as stated earlier, is the most distinctive feature of socialist economy. Private ownership of property and of all the means of production, distribution and exchange is totally abolished. This leads to management of these means of production by the bureaucracy. Bureaucratic running of economic machinery results into inefficiency, low production and collapse since the bureaucrats lack initiative, follow rigid rules and are not trained to run business.

Islam does not abolish private ownership of property and does not place all the means of production, distribution and exchange in the hands of the state. Although Islam upholds public ownership of some means of production which are the common utility to the people, but it concedes the rights of private ownership of majority of the means of production and distribution. Unlike socialism, Islam gives economic freedom to an individual who can earn wealth, own it and enjoy it within certain limits provided he does not infringe teachings of Islam in the process of earning, owning and consuming it.


2. Materialism:

Socialism, especially scientific socialism rests on a purely materialistic basis. Dialectic materialism or materialistic interpretation of history is the most vital element of Marxism. Marx has sought to explain every event in history on economic grounds. According to him, origin of every activity of man lies in economic factors. Marx does not believe in religion which, in his view, is a bourgeois invention to keep the proletariat under their perpetual control. Engels said : Matter is the only real thing in the world. The communists believe that human reason is just a manifestation of matter and soul has no independent existence of its own but is a product of matter. They hold that all the different stages of human progress are determined by the interplay of conflicting economic forces alone, thus leaving no place for God’s will.
Islam is the perfect and final religion revealed by Lord of the universe for the guidance of mankind. Its foremost aim is to ensure ‘falah’ or well-being of humanity in this world and in the Hereafter. It does not give importance to matter only at the cost of spirit as does a secular ideology like socialism. Islam believes in the material as well as moral and spiritual welfare of its followers at micro and macro level. Followers of Islam believe in one God, in all the Prophets and Holy Scriptures, in the Hereafter, in the moral code and in the universal brotherhood of mankind.

3. Regimentation and Totalitarianism:

Communism sets up a totalitarian state in which bourgeois class is liquidated and strong dictatorship of the proletariat class is established. Fundamental rights and civil liberties are crushed and man is rendered merely to the status of an economic animal. In the name of bread he is deprived of freedom of conscience, freedom to think, freedom to speak and freedom to act. In order to achieve economic objectives and in order to work the huge productive machine efficiently, the state becomes all powerful and establishes complete regimentation.
Islam, on the contrary, believes in democratic form of government as the Quran, its revealed book, enjoins upon Prophet Muhammad (PBUH) to conduct public affairs in consultation with his followers. Islam gives all the fundamental rights and civil liberties to the people living in the Islamic state. Islamic state does not establish dictatorship of any class; neither is it a totalitarian state. The state under Islam does not wither away; rather it becomes indispensable as it discharges all the functions of a traditional state and modern welfare state.


4.Economic Equality:

Economic equality is another claim of communism although it has never been realized so far. In theory at least it is claimed that the rights of the individuals in the economic sphere are governed by the principles of equality. Every individual is provided with the necessaries of life according to his needs.

Islam, unlike communism, recognizes that there is no equality among human beings as regards the economic means and possession of worldly wealth. The Quran considers these inequalities and disparities in the distribution of wealth as part of Divine economic order and, therefore, does not try to eliminate them by unnatural and artificial means. Islam does not tolerate the existence of unbridgeable gulf between the rich and the poor, but unlike socialism it does not believe in equal distribution of wealth. Actually Islam believes in fair, just and equitable distribution of wealth and in social justice. For ensuring equitable distribution, Islam has taken many steps such as institution of Zakat and Sadaqat, laws of inheritance and bequest, voluntary alms and levy of compulsory contributions in the form of taxes and duties

 

[Sugarcane]

Sir I have read those things which I post Sir and read books Minhaj ul Muslim and also Balugul Marum they have also lot of details

That's if you have read, Now tell me what's Islamic Economic System and what's major difference between Islamic Economic System & our current system?

 

[Zarvan]

That's if you have read, Now tell me what's Islamic Economic System and what's major difference between Islamic Economic System & our current system?

First major difference is our current system is based on interest

Dear as i already said, All the mandatory things and guidance for that is there i.e. Ablution is mandatory for Prayer and guidance for this already there



Re-read the highlighted part, Guidance is simple, clear & complete, even a kid can understand it and know how to wash face, hands till arms, feets till ankles etc.- If you fulfill these requirement than your Ablution is complete as per God's order. Purpose of this is not to make life difficult but cleanness . Now, You are saying that this is not complete method (God forgot many important things to mention) and i must look for Hadith, but still there is difference between sect on this simple and most basic thing, everyone have a Hadith to prove his method is correct, When i read the method from Quran it was simple & easy for me, When i read the Hadith's, i am confuse who to follow - Shias or Sunnis. Ok, i Sunnis are majority lets go with them, now who to follow Hanafi or Shafi, whatever i follow i am not sure about it because everyone have Hadiths and tales to prove his method is correct. Ok maybe Islam is not that much easy as God & Prophet (PBUH) claimed - i should contact Mullahs - Now every mullah tells me more complex details, One say that i should start rubbing my head from front to backwards than also put my index fingers in my ears, second says that no you should use thumbs not index finger and than rub my head and also neck, third say you are not rubbing your neck correctly, you must use backside of your hands for this purpose and list goes on, and everyone says my Ablution is not complete if don't follow his method, Well Thank you telling my correct methods - I have excuse now - I will say to God that you didn't told me complete method in Quran and also you didn't told which sect to follow - So i didn't knew what is the correct method of Ablution that's why i didn't offered my prayers as Ablution is necessary for prayer.

Same is the case with others - I can quote you thing related Prayer, Zakat & Hajj but if most straight forward instruction of simple thing Ablution can't convince you than how can Quran convince you for other major things.

No Sir not all the nessarry guidance is there Sir ALLAH has said to read salah several times to no details given how many rakats what to read in Salah how to stand in Jamah how to perform raku and Sajda how to end it no detail at all than comes Roza very few detail than Zakat no detail at all than comes Hajj no detail Sir but what Quran says several time is follow HAZRAT MUHAMMAD SAW and @Patriots those who deny Hadees are basically those who want to also deny Quran so they take the first step and deny Hadees

 

[Zarvan]

Islamic Economic System

 

[Sugarcane]

No Sir you can't make any excuse Sir because ALLAH send HAZRAT MUHAMMAD SAW so he will tell the details of the orders of HAZRAT MUHAMMAD SAW and you will not have any excuse and I knew you will one day deny Quran and are you going that where sir HAZRAT MUHAMMAD SAW have told all the details and those details are in Hadees and Sunnah Sir which Muslims havea to follow

Page 1 of 3
Introduction
What is system?

System (from Latin systema, in turn from Greek systēma) is a set of interacting or interdependent entities, real or abstract, forming an integrated whole.
A group of interdependent items that interact regularly to perform a task.

Economic System

An economic system is a system that involves the production, distribution and consumption of goods and services between the entities in a particular society. The economic system is composed of people and institutions, including their relationships to productive resources, such as through the convention of property. In a given economy, it is the systemic means by which problems of economics are addressed, such as the economic problem of scarcity through allocation of finite productive resources. Examples of contemporary economic systems include capitalist systems, socialist systems, and economic system of Islam. Economic systems are the economics category that includes the study of respective systems.

Economic System of Islam

Islamic Economic System implies a mood of satisfying the economics needs of the members of organized society in accordance with is injection of Quran and Sunnah. The mood of spending production, distribution and exchange of wealth is determined by the tenor of these injections. In this system the economic activities of the members of the society are regulative by the certain values of which pity, justice, benevolence, cooperation, brotherhood and equality are especially important. The sources and origin of these values are the Holy Quran and the Sunnah of Allah’s Apostle (PBUH). They are eternal and immutable. Consumers, producers and traders are must abide these values.
At one level, the state can also use the its powers to implements and enforce these values, however, Islam mostly ensure their implementations and daily affairs of life through its system of education and training and by creating a general climate of piety in the society.

Some Fundamental features of Islamic Economics System are written below.
All the wealth belongs to Allah (SWT):
"And give them of the wealth of Allah which He has given you." [An-Nur: 33]
The community is the trustee of the wealth:
"Believe in Allah and His Messenger, and spend whereof He has made you
heirs."[Al-Hadid: 7]
Hoarding of wealth is prohibited:
"And those who hoard up gold and silver and spend not in the way of Allah;
announce to them a painful chastisement." [At-Tauba: 34]
. Circulation of wealth is a duty:
"Whatsoever Allah may restore unto His Messenger - is due unto Allah and unto His Messenger - the orphans and the needy. So, that it may not be confined to the rich amongst you." [Al-Hashr: 7]
Other Economic System

There are two economic systems
• Capitalism
• Socialism
Capitalism

Capitalism is the economic system in which the means of production are distributed to openly competing profit-seeking. Capitalism is not merely an economics system but a peculiar attitude of mind and behaviour. Basically it springs out of the notion of the capitalist that he has earned his wealth by his own ability, skills, knowledge and wisdom.
Some of the features of capitalism are written below.

Private persons and where investments, distribution, income, production and pricing of goods and services are predominantly determined through the operation of a market economy
Capitalism is originally defined as a mode of production, where it is characterized by the predominant private ownership of the means of production, distribution and exchange in a mainly market economy
Capitalism is usually considered to involve the right of individuals and businesses to trade, incorporate, and employ workers, in goods, services (including finance), labor and land.
In Capitalism, state action is confined to defining and enforcing the basic rules of the market though the state may provide a few basic public goods and infrastructure.
The most laissez-faire capitalist economies, as measured by indices of economic freedom, include countries like Hong Kong and Canada

Socialism

Socialism or communism means an economics system in which the mean of production are owned by the state. A central directorate controls the production of goods and services. The directorate decides the nature, quantity, and mood of production of goods. This distribution of goods is also directed by the central body.
Socialism refers to a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods, and the creation of an egalitarian society.
Modern socialism originated in the late nineteenth-century working class political movement. Karl Marx posited that socialism would be achieved via class struggle and a proletarian revolution which represents the transitional stage between capitalism and communism.
Socialists mainly share the belief that capitalism unfairly concentrates power and wealth among a small segment of society that controls capital and creates an unequal society. All socialists advocate the creation of an egalitarian society, in which wealth and power are distributed more evenly, although there is considerable disagreement among socialists over how, and to what extent this could be achieved
Some features of socialism are written below
Socialism is not a discrete philosophy of fixed doctrine and program
its branches advocate a degree of social interventionism and economic rationalization, sometimes opposing each other.
Another dividing feature of the socialist movement is the split on how a socialist economy should be established between the reformists and the revolutionaries.
Some socialists advocate complete nationalization of the means of production, distribution, and exchange;
While others advocate state control of capital within the framework of a market economy. Social democrats propose selective nationalization of key national industries in mixed economies combined with tax-funded welfare programs.
In the 1970s and the 1980s, Yugoslavian, Hungarian, Polish and Chinese Communists instituted various forms of market socialism combining co-operative and State ownership models with the free market exchange.
This is unlike the earlier theoretical market socialist proposal put forth by Oscar Lange in that it allows market forces, rather than central planners to guide production and exchange.


Page 2 of 3

Difference between Islamic economic System and others (Capitalism and Socialism)

Here we will discuss the difference between the Islamic and Other Economic System like Capitalism and Socialism briefly by comparing Islamic and Other Economic Systems in respect of their basic concepts.

Comparison of Capitalism with Islam:
Capitalism and Islam are compared in respect of their basic economic concepts as under:

1. Right to ownership:

The existence of right of private ownership of property is the hallmark of capitalism. The system believes in the private ownership of the means of production, distribution and exchange which are managed and controlled by individuals or groups of individuals for private profit. The unrestricted right to own property and earn profits leads to concentration of wealth in few hands. This necessarily disturbs the balance of distribution of wealth and income in society. The economic disparities and the ever-increasing gulf between the rich and the poor sows the seeds of discord and destruction in the capitalist society.

Islamic concept of ownership is unique one. Ownership, in reality, belongs to God while some rights only vest in man so that he may fulfill the purpose of God, that is the purpose of community by acting as a trustee for those in need. In other words, what Allah has created for benefit of and service to man belongs collectively to the whole humanity. Legal ownership by the individual is recognized in Islam but it is subject to the moral obligation that in all wealth all sections of society have the right to share. Thus private or individual ownership in Islam is not unlimited or unrestricted. All the means of production are not placed under private ownership as public ownership of certain things of common utility exists side by side with it in an Islamic state. Islamic state has also the right to nationalize certain things which are under private ownership for the benefit of the community. In this way the limited right of private ownership with law of inheritance which distributes the estate of the deceased among fairly large number of heirs averts concentration of wealth in few hands and thus prevents class-conflict.


2. Economic Freedom:

Unrestricted economic freedom and non-interference of the state in such freedom is another feature of capitalist economy. Every individual is at liberty to initiate, organize and establish any enterprise, business, trade, profession, etc. He has full freedom to earn as much income as he can and spend his wealth in whatever manner he likes. This unrestricted economic freedom generally leads to earning of wealth through foul means such as gambling and prostitution. It also encourages business malpractices such as smuggling, black marketing, profiteering, hoarding, speculation, forward transactions, fraud, exploitation, adulteration, etc. Thus a mad-race for earning wealth becomes order of the day and high social and moral values such as fraternity, brotherhood, mutual help, love, benevolence, truthfulness give place to selfishness, callousness, hatred, falsehood and mistrust. Capitalism, in fact, has come to signify a religion of money or dollar dictatorship.

Islam also allows economic freedom to an individual who is at liberty to earn wealth, own it and spend his wealth at his discretion. But the freedom given by Islam in economic sphere is not unlimited. Islam makes distinction between halal (permitted being lawful) and haram (forbidden being unlawful) in every economic activity embracing vast fields of production, exchange and consumption.2 Similarly consumption of wealth on luxurious living, haram things and extravagant spending is also forbidden. A Muslim is required to pay Zakat and spend whatever he can for the cause of the poor and the destitute. All these regulations promote moral values in Islamic society and eliminate mad-race for wealth and material gains.


3. Monopoly:

Competition, which is another feature of capitalism, leads to the destruction of minor enterprises and firms. This encourages merger of smaller business organisations into major ones and thus monopolies or cartels are established. Monopolies kill free competition, cause inflation in prices and ultimately result into unemployment. Thus labour and consumer are both exploited in such a situation. Moreover, trade-cycles, unplanned production, over-competition, increasing accumulation of capital upsets the balance between production and consumption which sometimes leads to economic depressions.

Islam forbids unhealthy competition and bans all the ways which lead to it. Islam also disallows establishment of monopolies. The Prophet of Islam is reported to have said Whoever monopolies is a sinner. Especially monopolies over food-stuffs or articles of daily use are forbidden by Islam. Commodities and services which are of the common interest of the community are never allowed to be monopolized.

4. Institutions of Interest:

The Institution of banking and interest is the life-blood of capitalistic form of economy. For business, trade and industry especially for big projects and economic ventures, huge funds are required which no individual or firm can arrange. This leads to establishment of banks who borrow capital from depositors and investors on lower rate of interest and lend it to business enterprises on higher rate of interest. Thus the institution of interest has become part and parcel of capitalism.

Islam considers interest as the most exploitive institution for humanity and has abolished it root and branch in its every form and manifestation. According to al-Quran taking of interest tantamount to war against God and His Apostle, while according to Prophet Muhammad (PBUH) interest is worse than adultery. Islam builds its economy on interest free basis and promotes profit and partnership as incentive for saving and investment.


5. Exploitation:

Unrestricted right of economic freedom and uncontrolled right of private ownership has practically resulted into exploitation. Economic exploitation of the weak by the strong is an order of the day in a capitalist society. Wealth is the religion of every person (but a few honorable exceptions) and earning of it through fair or foul means is his creed. Consequently, everyone exploits the other economically with a view to gather as much fortune as possible.

Islamic economic system, on the other hand, ensures elimination of exploitation of one man by the other. Many effective measures have been taken by Islam to do so. Riba or usury is one of the worst instruments of human exploitation and this has been abolished in all forms by Islam.
6. Distribution of Wealth: Capitalism does not believe in fair and just distribution of wealth. Since it believers in full economic freedom and private ownership of means of production. Concentration of wealth in few hands takes place while huge majority of the populace is deprived of the very basic necessities of life. The privileged few live in luxury while poverty, ignorance, disease and unemployment is the lot of the multitude. This disturbed balance of distribution of economic resources and unbridgeable gulf between the haves and have-nots ultimately leads to class struggle and ultimate overthrow of the very system.

Islam on the one hand guarantees provision of basic human needs such as food, clothing and shelter to everyone and, on the other hand, ensures fair and equitable distribution of wealth and economic resources among all. For bridging the gulf between the rich and the poor and for ensuring equitable distribution of wealth, Islam has taken many steps such as Zakat and Sadaqat, laws of inheritance and compulsory contributions in the form of taxes and duties. To prevent concentration of wealth in few hands Islamic economic code has taken measures like abolition of interest, prohibition of earning of wealth through haram means, prohibition of hoarding of wealth, etc.

Page 3 of 3
Comparison of Socialism with Islam

Socialism and Islam are compared in respect of their basic economic perceptions as under:

1. Ownership:

State ownership of all property and means of production, as stated earlier, is the most distinctive feature of socialist economy. Private ownership of property and of all the means of production, distribution and exchange is totally abolished. This leads to management of these means of production by the bureaucracy. Bureaucratic running of economic machinery results into inefficiency, low production and collapse since the bureaucrats lack initiative, follow rigid rules and are not trained to run business.

Islam does not abolish private ownership of property and does not place all the means of production, distribution and exchange in the hands of the state. Although Islam upholds public ownership of some means of production which are the common utility to the people, but it concedes the rights of private ownership of majority of the means of production and distribution. Unlike socialism, Islam gives economic freedom to an individual who can earn wealth, own it and enjoy it within certain limits provided he does not infringe teachings of Islam in the process of earning, owning and consuming it.


2. Materialism:

Socialism, especially scientific socialism rests on a purely materialistic basis. Dialectic materialism or materialistic interpretation of history is the most vital element of Marxism. Marx has sought to explain every event in history on economic grounds. According to him, origin of every activity of man lies in economic factors. Marx does not believe in religion which, in his view, is a bourgeois invention to keep the proletariat under their perpetual control. Engels said : Matter is the only real thing in the world. The communists believe that human reason is just a manifestation of matter and soul has no independent existence of its own but is a product of matter. They hold that all the different stages of human progress are determined by the interplay of conflicting economic forces alone, thus leaving no place for God’s will.
Islam is the perfect and final religion revealed by Lord of the universe for the guidance of mankind. Its foremost aim is to ensure ‘falah’ or well-being of humanity in this world and in the Hereafter. It does not give importance to matter only at the cost of spirit as does a secular ideology like socialism. Islam believes in the material as well as moral and spiritual welfare of its followers at micro and macro level. Followers of Islam believe in one God, in all the Prophets and Holy Scriptures, in the Hereafter, in the moral code and in the universal brotherhood of mankind.

3. Regimentation and Totalitarianism:

Communism sets up a totalitarian state in which bourgeois class is liquidated and strong dictatorship of the proletariat class is established. Fundamental rights and civil liberties are crushed and man is rendered merely to the status of an economic animal. In the name of bread he is deprived of freedom of conscience, freedom to think, freedom to speak and freedom to act. In order to achieve economic objectives and in order to work the huge productive machine efficiently, the state becomes all powerful and establishes complete regimentation.
Islam, on the contrary, believes in democratic form of government as the Quran, its revealed book, enjoins upon Prophet Muhammad (PBUH) to conduct public affairs in consultation with his followers. Islam gives all the fundamental rights and civil liberties to the people living in the Islamic state. Islamic state does not establish dictatorship of any class; neither is it a totalitarian state. The state under Islam does not wither away; rather it becomes indispensable as it discharges all the functions of a traditional state and modern welfare state.


4.Economic Equality:

Economic equality is another claim of communism although it has never been realized so far. In theory at least it is claimed that the rights of the individuals in the economic sphere are governed by the principles of equality. Every individual is provided with the necessaries of life according to his needs.

Islam, unlike communism, recognizes that there is no equality among human beings as regards the economic means and possession of worldly wealth. The Quran considers these inequalities and disparities in the distribution of wealth as part of Divine economic order and, therefore, does not try to eliminate them by unnatural and artificial means. Islam does not tolerate the existence of unbridgeable gulf between the rich and the poor, but unlike socialism it does not believe in equal distribution of wealth. Actually Islam believes in fair, just and equitable distribution of wealth and in social justice. For ensuring equitable distribution, Islam has taken many steps such as institution of Zakat and Sadaqat, laws of inheritance and bequest, voluntary alms and levy of compulsory contributions in the form of taxes and duties

1. Distribution of wealth doesn't mean that you snatch wealth of someone and give it to other. Now - the way Islam told for distribution of wealth is you have to give Zakat and it's one of 5 pillars of faith. If i am Muslim i will give it by myself, no-need to force on me, If i don't believe on Zakat than i am not Muslim - So, again don't force on me. In our current system we give taxes and true Muslims give Zakat honestly as well.

2. There no unrealistic economic freedom in Pakistan laws exists to stop foul play & monopoly - check the corporate laws of Pakistan & Consumer Protection Laws.

3. Interest - Well If i am Muslim than I shouldn't give or take interest, so no need to force it on me because i already know and being a Muslim i have follow. If I think there is no problem with interest and it should be there than I am not Muslim because i am going against words of God - So, again you have no right to force this on someone who is not Muslim

In short, If every individual Muslims start practicing Islam i.e. Give Zakat & due taxes, Stop giving & taking interest, Stop Haraam/foul earning, obey laws, honor their agreements, adopt honesty and stop telling lies than Islamic System will be automatically in place. No - Rocket science or Divine Mullah is required for this.

 

[Zarvan]

1. Distribution of wealth doesn't mean that you snatch wealth of someone and give it to other. Now - the way Islam told for distribution of wealth is you have to give Zakat and it's one of 5 pillars of faith. If i am Muslim i will give it by myself, no-need to force on me, If i don't believe on Zakat than i am not Muslim - So, again don't force on me. In our current system we give taxes and true Muslims give Zakat honestly as well.

2. There no unrealistic economic freedom in Pakistan laws exists to stop foul play & monopoly - check the corporate laws of Pakistan & Consumer Protection Laws.

3. Interest - Well If i am Muslim than I shouldn't give or take interest, so no need to force it on me because i already know and being a Muslim i have follow. If I think there is no problem with interest and it should be there than I am not Muslim because i am going against words of God - So, again you have no right to force this on someone who is not Muslim

In short, If every individual Muslims start practicing Islam i.e. Give Zakat & due taxes, Stop giving & taking interest, Stop Haraam/foul earning, obey laws, honor their agreements, adopt honesty and stop telling lies than Islamic System will be automatically in place. No - Rocket science or Divine Mullah is required for this.

Sir read books Balugul Maram and Mihaj ul Muslimeen they have details of rent how and what kind of trade and dealings can be done how lands have to be used and many other details

 

[Sugarcane]

First major difference is our current system is based on interest



No Sir not all the nessarry guidance is there Sir ALLAH has said to read salah several times to no details given how many rakats what to read in Salah how to stand in Jamah how to perform raku and Sajda how to end it no detail at all than comes Roza very few detail than Zakat no detail at all than comes Hajj no detail Sir but what Quran says several time is follow HAZRAT MUHAMMAD SAW and @Patriots those who deny Hadees are basically those who want to also deny Quran so they take the first step and deny Hadees

How checking the "Hadees" under guidance of Quran becomes denial of Quran - It's other way around, i am believing on Quran but you are denying.

 

[Zarvan]

How checking the "Hadees" under guidance of Quran becomes denial of Quran - It's other way around, i am believing on Quran but you are denying.

Sir first you will deny the Quran and as details are not in the Quran you will deny Quran too and people have started doing this

 

[Mech]

Sir first you will deny the Quran and as details are not in the Quran you will deny Quran too and people have started doing this

What do you believe is more important ? The hadees or the qur'an ? Why is checking the validity of hadees under the light of qur'an an issue for you ? As LoveIcon said, "it should be the other way around".

 

[Zarvan]

What do you believe is more important ? The hadees or the qur'an ? Why is checking the validity of hadees under the light of qur'an an issue for you ? As LoveIcon said, "it should be the other way around".

First it is the Quran and than it is the Hadees Sir and no Hadees contradicts the Quran

 

[Patriots]

Dear as i already said, All the mandatory things and guidance for that is there i.e. Ablution is mandatory for Prayer and guidance for this already there



Re-read the highlighted part, Guidance is simple, clear & complete, even a kid can understand it and know how to wash face, hands till arms, feets till ankles etc.- If you fulfill these requirement than your Ablution is complete as per God's order. Purpose of this is not to make life difficult but cleanness . Now, You are saying that this is not complete method (God forgot many important things to mention) and i must look for Hadith, but still there is difference between sect on this simple and most basic thing, everyone have a Hadith to prove his method is correct, When i read the method from Quran it was simple & easy for me, When i read the Hadith's, i am confuse who to follow - Shias or Sunnis. Ok, i Sunnis are majority lets go with them, now who to follow Hanafi or Shafi, whatever i follow i am not sure about it because everyone have Hadiths and tales to prove his method is correct. Ok maybe Islam is not that much easy as God & Prophet (PBUH) claimed - i should contact Mullahs - Now every mullah tells me more complex details, One say that i should start rubbing my head from front to backwards than also put my index fingers in my ears, second says that no you should use thumbs not index finger and than rub my head and also neck, third say you are not rubbing your neck correctly, you must use backside of your hands for this purpose and list goes on, and everyone says my Ablution is not complete if don't follow his method, Well Thank you telling my correct methods - I have excuse now - I will say to God that you didn't told me complete method in Quran and also you didn't told which sect to follow - So i didn't knew what is the correct method of Ablution that's why i didn't offered my prayers as Ablution is necessary for prayer.

Same is the case with others - I can quote you thing related Prayer, Zakat & Hajj but if most straight forward instruction of simple thing Ablution can't convince you than how can Quran convince you for other major things.

I am very much convinced with Quran … But I also convinced with Sahih Ahadith … Which were collected honorable Sahaba & Ulema Kiram and you don’t consider to them anything … Because you can much better understand while you didn’t know single word of Arabic … But unfortunately you depend on just translation … Allah had sent a teacher to guide Rasoolullah (Sallah O Alaihi Wa Alaihi Wa Sallam) who is Jibraeel … The teacher of Sahabs (RA) was Rasoolullah (Sallah O Alaihi Wa Alaihi Wa Sallam) himself … Then Sahaba (RA) taught to Tabaeen then after them then after them and it is still the same stream … But you wouldn’t anyone … You are denying to the Sunnah ... Quran has told us Fardh of Abultion … Salat & Hajj ect … But Sunnah we are got from Ahadith … Neither shia nor sunni … Neither hanfi nor shafai … The righteous sect is one and that one is Ahle Sunnat Wal Jamat … Kindly read below Hadith:
Rasoolullah (Sallah O Alaihi Wa Alaihi Wa Sallam) said: “Bani Israel was splited in 72 sects and my Ummah will be splited in 73 sect. All sects will be gone in the hell but one sect will be gone in Jannah.” Sahab Kiram (RA) said: “Ya Rasoolullah (Sallah O Alaihi Wa Alaihi Wa Sallam) which one will be that.”
(ما انا عليه واصحاب&#1740
“Those will be on the way of mine & my companions.”
In above Hadith Rasoolullah (Sallah O Alaihi Wa Alaihi Wa Sallam) has told 2 things to be standard to righteous sect.
1) His Holy Personality
2) His Holy Companions
Allah says in Quran: “O ye who believe! Obey Allah and obey the Messenger and those charged with authority among you. If ye differ in anything among yourselves, refer it to Allah and His Messenger if ye do believe in Allah and the Last Day: that is best, and most suitable for final determination. (Surah An-Nisa :59
While Allah allows that refer your disputes to Allah & Rasoolullah (Sallah O Alaihi Wa Alaihi Wa Sallam) then how would you fulfill his this message without going to Hadith … According to above verse Allah has put something in Hadith except Quran but you deny … Isn’t this disobeying of Allah ..

 

[Sugarcane]

What do you believe is more important ? The hadees or the qur'an ? Why is checking the validity of hadees under the light of qur'an an issue for you ? As LoveIcon said, "it should be the other way around".

Check validity of Hadees under light of Quran is the nightmare for these people because it will shutdown their business of sectarian divide, running madresahs (where they focus only on Hadees), lust of ruling world with sword, Issuing fatwa to chop someones head who don't agree with their extremist theories.

 

[Zarvan]

Check validity of Hadees under light of Quran is the nightmare for these people because it will shutdown their business of sectarian divide, running madresahs (where they focus only on Hadees), lust of ruling world with sword, Issuing fatwa to chop someones head who don't agree with their extremist theories.

Sir Hadees are integral part of Islam Sir and HAZRAT MUHAMMAD SAW gave details of orders of Quran in Hadees but those who are Kharjis and enemies of HAZRAT MUHAMMAD SAW they deny Hadees because they don't to follow Quran

 

[Dubious]

It had compiled later in the age of 3rd caliph but some companions had written it during the time of Prophet (PBUH)

The 3rd Caliph did not compile the Quran it was already compiled and produced during Abu Bakar's time...Uthman just wrote it in the form it is now BECAUSE everyone was pronouncing it in different ways....

@Talon

Good stuff, you answered well though I believe from the earlier comments that some posters on indienne side were not really interested in learning about islam but finding weakness in gods words and I say to them good luck, we have spent 1400 years and still have not found 1 mistake but hey boss give it a go. As for the discussion earlier, while democracy coupled with pseudo European secularism(not a bad thing dont misunderstand me) may be new in l'asie or specifically inde, the early islamic period experienced a rudimentary form of a social democratic welfare state. In the later period specifically the caliphate era, no all muslims supported that monarchial system including the philospher al-furabi, which I know even indienne respect especially some of his works in the realm of social philosophy. The interested thing about him was that he was very self-critical of the caliphates of that time, and its a delight to read his critisicm as it reflects that there were vocal opposition in academia back then and reflects their strength in society, i believe the abbasids were in power and did take academia seriously. The thing is there is no system set in stone, god tells us to observe this universe and seek answers/knowledge and as aside note, have to give credit to the first 4 caliphates for establishing a social welfare state in that era with limited knowledge in that part of the world. Unfortunately so called muslims overseas have degress in progress and are stuck in 12th century instead of studying and coming up with a better system to change this world for the better. Hopefully that answers all the queries @hinduguy, if you have more rhetoric questions aside from brother zarvan , you can always ask moi, armstrong(very knowledgeable) and other guys on forum, instead of picking on the same guy the entire time.

Good day

@liontk thank you...I am just annoyed at how people are so scared of things they know not of and just keep going on and on like a broken tape recorder about things they have neither read nor analyzed themselves!

I am a student of comparative religion...I talk to people about Christianity and tell about Islam...we exchange IDEAs and information...I do not go around converting people...As long as I have done my part of giving them the basic message the rest is up to them to ponder!