Questions and Answers Pursuant to the Article
To mcoba google
Subject : Re Looking at Islamic Banking in its Proper Context
To mcoba google
Subject : Re Looking at Islamic Banking in its Proper Context
From: | zahid aziz (zaziz@hotmail.com) |
Sent: | Sunday, March 25, 2012 3:58:06 PM |
To: | mcoba google (mcoba-mail@googlegroups.com) |
Aswt,
Bro,
Such insightful questions! We cannot understand where we are today without understanding history. History will tell us there was a time when the world lives without riba. In the 15th century the Church was the government in Europe and the forbidden of usury in the Bible was implemented strictly. Then came the rise of the intellectuals in the likes of Martin Luther of Germany and John Calvin of England who led the movement to sack the Church and created the new religion called Secularism. In the wake, John Calvin wrote a treatise to justify riba and Christians no longer questions its practise. In the meantime rich families in the likes of Lombardy's came into being in Italy, and Jews they employ to conduct riba banking had their workbench called 'banco' giving birth to the name banks we know of today. In then Malaya this twin evil of riba and secularism was brought to our shores by the British so much so we embraced them as our own values. The fall of the Uthmaniah Caliphate or the Ottomans as the west are fond of referring to them, was the direct result of the last Caliph taking great debts from the Europeans. If you read John Perkins, Confessions of an Economic Hitman you will understand why the Quran says Allah and His Rasul will declare war on the practitioners of riba. Today there are over 30 countries who are debt slaves of America via the evil door of riba. The Islamic Empire during the rule of the Rightful Caliphs prospered without riba; the Caliphs that expanded the Islamic Empire later on also ruled Caliphates that prospered without riba. Our misery began with the collapse of the last Caliphate; we then became nation states and Muslims no longer have a Khalifah. We then began the journey to become the foams of the waves of oceans as described by the Prophet saw; plentiful in numbers but weak.
Bro,
Such insightful questions! We cannot understand where we are today without understanding history. History will tell us there was a time when the world lives without riba. In the 15th century the Church was the government in Europe and the forbidden of usury in the Bible was implemented strictly. Then came the rise of the intellectuals in the likes of Martin Luther of Germany and John Calvin of England who led the movement to sack the Church and created the new religion called Secularism. In the wake, John Calvin wrote a treatise to justify riba and Christians no longer questions its practise. In the meantime rich families in the likes of Lombardy's came into being in Italy, and Jews they employ to conduct riba banking had their workbench called 'banco' giving birth to the name banks we know of today. In then Malaya this twin evil of riba and secularism was brought to our shores by the British so much so we embraced them as our own values. The fall of the Uthmaniah Caliphate or the Ottomans as the west are fond of referring to them, was the direct result of the last Caliph taking great debts from the Europeans. If you read John Perkins, Confessions of an Economic Hitman you will understand why the Quran says Allah and His Rasul will declare war on the practitioners of riba. Today there are over 30 countries who are debt slaves of America via the evil door of riba. The Islamic Empire during the rule of the Rightful Caliphs prospered without riba; the Caliphs that expanded the Islamic Empire later on also ruled Caliphates that prospered without riba. Our misery began with the collapse of the last Caliphate; we then became nation states and Muslims no longer have a Khalifah. We then began the journey to become the foams of the waves of oceans as described by the Prophet saw; plentiful in numbers but weak.
