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In the Name of God بسم الله

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Posted

I believe that the economy of Islam is moneyless, or no money at all. It is also believed by many non-Muslims that moneyless is the solution to all the problems of humanity. And I also believe that monetary system is a scam of international banking cabal.

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  • Advanced Member
Posted

Salam alaykum

 

This is not true

The Messenger of Allah did not remove the minting and circulation of money, and He regulated its distribution in Zakat

Money as an instrument of quantification plays a part in making commerce more transparent and equitable, which the Qur'an calls to

The problem is not with money (or the means of quantifying relative demand), but with inequality as a result of concentration of wealth (and this can be achieved even without money. Imagine the monopoly of oil, gas, wheat, etc). It can enslave the majority - indeed we are moving in that direction at an alarming rate (especially thanks to AI, which puts all but the very few at an insurmountable disadvantage). 

 

Those who treasure up gold and silver, and do not spend it in the way of Allah, inform them of a painful punishment

 

  • Advanced Member
Posted
On 12/22/2024 at 3:28 PM, Omar Ali said:

I believe that the economy of Islam is moneyless, or no money at all. It is also believed by many non-Muslims that moneyless is the solution to all the problems of humanity. And I also believe that monetary system is a scam of international banking cabal.

Salam it's mostly money vs currency which Islam promotes proper  distribution of money based on need & requirements & giving credit to people  while on the other hand monetary system & usury (Riba) is based on playing with currency .

Quote

Money is a tangible asset that has intrinsic value, while currency is a type of money that has no intrinsic value and is issued by a government or central bank.

https://thecontentauthority.com/blog/money-vs-currency#:~:text=Money is a tangible asset,a government or central bank


Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney
25:56

https://www.aparat.com/v/5zAyV

Hidden Secrets of Money ALL EPISODES

 

 

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