Friday, February 20, 2009

Zakat: A Strategic tool for Economic Deterance

We are living in a world controlled by an economic system that is anything but Islamic. It’s based on Interest / debt based banking systems designed to enslave and dominate the masses and countries so that their natural capacities and wealth can be exploited for the benefit of the few on the top . Being a Muslim it’s our ultimate responsibility to launch a response that can transform this system toward the Islamic Ideals. 

The most pivotal building block and strongest tool of exploitation of the interest / debt based economic system is paper currency backed by nothing. Paper currency (and now digital) is the center of gravity of the prevailing economic system and Alhamdolillah, SubhanAllah Islam has provided us a very strong weapon called Zakat that we can use to hit its lifeline if we use it properly i.e. “Pay Zakat in Gold”.  

To understand this we have to get hold of the economics of paper currency first. Paper currency is not backed by Gold or silver these days. Its value is determined through floating exchange rates resulting in deadly repercussions in following ways: Click Below

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