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A Fascinating Introduction to Economics in Islam with Jamal Harwood

Blogging Theology

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The Key to a Vibrant Economy

Jamal Shaul: I can bring all sorts of arguments to saying why we need a gold and silver standard. But it's not going to get any traction in the universities and the corridors of power, he says. Islam doesn't deride poor people; it provides this natural mechanism for investment and wealth-orientated tax - whether that's a zakat or emergency type taxes. We go into recessions periodically in capitalism and those with money just sit on their hands and do nothing until they see a circumstance where they can start investing again,. That would not happen and doesn't happen in the Islamic economy. Our real responsibility is to take back the authority from these tyrannical regimes which are

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