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Capitalism

The Cost of Capitalism: The Price of Islam

“But seek, through that which Allah has given you, the home of the Hereafter; and, do not forget your share of the world. And do good as Allah has done good to you. And desire not corruption in the land, indeed, Allah does not like corrupters.”  TMQ28:77 In the Capitalist economic system, the production and […]

Final Word

Warnings of Stock Market Bubble Robert Shiller, an American Nobel Prize-winning economist says he is worried about sharp rises in equity and property prices, especially the boom in the US stock market. “I am most worried about the boom in the US stock market. Also because our economy is still weak and vulnerable,” Shiller said. […]

The U.S. Government Shutdown in Perspective

TThe US Government shutdown and the impending debt default are rooted in a simple fact – America is living beyond its means. What is more, it is not the first time that there has been a shutdown of all government non-essential activities (it last happened in 1995) or the first time debt was close to exceeding […]

The Global Economic Crisis: Six Years On

August 2013 marked the sixth year anniversary of the global economic crisis. On the anniversary, European Union officials announced the end of the recession in Europe and produced data indicating that the economy was growing again. Similarly, the US also produced data showing its economy had grown over 1% in 2013. Chinese officials also announced […]

Financing a Worldwide Hegemony

Following the July 3rd Egyptian coup and the brutal bloodshed of the Muslim population by its army, the emergence of several indicators have made it clear that Saudi Arabia was directly involved. Not only did they provide financial support to both the secularists protesting against President Morsi as well as the coup with billions of […]

Is Democracy The Same as Shura in Islam?

Recent events in the Muslim world, triggered by the “Arab Spring” have ignited much debate and discussion about the role of Islam in daily life. Part of this debate is whether or not Islam is compatible with the modern world or not. Islam, with its unique forms of worship, social organization, political structure, and economic […]

The U.S. vs. European Policies Towards Syria

As the unprecedented events of the Arab Spring continue to reverberate in the Muslim world, the division between Europe and the US is becoming clearer. Both Britain and France have ambitions around the world, but both are outstripped by the world’s superpower, the US. After the events of WW2, both nations were replaced by the […]

Boston Explosions

“When it is said to them: ”Make not mischief on the earth, ”they say: ”Why, we only Want to make peace!” TMQ 2:11 This year’s annual Boston Marathon, a relaxing sporting event dedicated to recreational exercise and charitable fundraising, was struck by a horrific bombing incident which killed three people (including an 8-year old boy) […]