The Thinking Muslim

Ramadan: The Radical Reset for a Capitalist World – with Imam Tom Facchine

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Mar 3, 2025
Imam Tom Facchine, research director at Yaqeen Institute, dives into how Ramadan acts as a radical reset against capitalist values. He discusses the month’s spiritual essence, urging self-reflection, community focus, and justice while critiquing materialism. Facchine highlights zakat’s role in addressing socio-economic inequalities and emphasizes the balance between individualism and collectivism. The podcast explores how Islam promotes responsible wealth use and critiques capitalist philosophies, advocating for a return to community-oriented practices.
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INSIGHT

Theological Challenge of Scarcity

  • Do you believe in a universe of scarcity?
  • Or do you believe in a universe where Allah can bless some moments and some money more than others?
ANECDOTE

Thriving Through Labor

  • Imam Tom Facchine shared his experience working on farms, enduring long hours and physical labor.
  • Despite this, he thrived, highlighting that Allah sustains and provides.
INSIGHT

Measuring Societal Success

  • Societal success is often measured by material wealth, creating a dependence on livelihoods.
  • This makes anything threatening that livelihood seem suspicious, promoting a scarcity mindset.
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