Sunday, July 28, 2013

The key to the fall of President Mursi is the fact that Misr is a debt slave nation / Kunci kepada kejatuhan Presiden Mursi adalah hakikat bahawa Misr adalah sebuah negara hamba hutang.

Assalamu 'Alaikum
The key to the fall of President Mursi is the fact that Misr is a debt slave nation / Kunci kepada kejatuhan Presiden Mursi adalah hakikat bahawa Misr adalah sebuah negara hamba hutang.

The key to the fall of President Mursi is the fact that Misr is a debt slave nation. A situation engineered by the Zionists owned World Bank and US Corporotocracy many ,many years ago. A Corporotocracy is an evil cooperation between Zionists owned private interests, White House and International Organizations like the World Bank. In the 1950s and 1960s, the World Bank through Consultant firms engaging Economic Hitmen preyed on poor developing countries with a view to turn them into debt slaves of America ( Read: John Perkins - Confessions of an Economic Hitman). The job of the Economic Hitmen is to over estimate the electricity needs of poor undeveloped nations.

Sunday, July 21, 2013

Bank Musyarakah Ganti Bank Islam ? / Musyarakah Bank as a replacement of current Islamic Banking Model?

Can we continue to ignore equity Islamic finance?

 Assalamu 'Alaikum,

Can we continue to ignore equity Islamic finance?

An economic system is where economic units interact to produce the optimal amount of goods and services needed by the economy. A key factor introduced into  economics by Shariah is the legal maxim, AlGhunm bi AlGhurm meaning rewards comes with risk.

In Islamic muamalat one is not entitled to reward unless one is willing to expose oneself to risk. This provides a fair formula for the economic units. and the economy runs on equity instead of debt.

The problem with today’s economy is that we have allowed an unnatural formula to persist in economic transactions. This is the formula of debt. Instead of an equity transaction where both parties are exposed to risk and reward we have accepted a situation where a particular economic unit is given a special dispensation on risk or where one is spared of all risks.

Friday, July 19, 2013

Soalan Berkaitan / Question Regarding Zahid’s Say Blog Posting “Fiat Money and Economic Degradation of Muslims”

Assalamu 'Alaikum

Soalan Berkaitan Zahid’s Say Blog Posting  “Fiat Money and Economic Degradation of Muslims”
Tarikh: Selasa, 16 Jul 2013 16:11:52 -0700
Subjek: Re:  Fiat Money and Economic Degradation of the Muslims
Adakah Perbankan Islam juga mengamal riba dengan nama yang lain?
Dipohon pencerahan

Mereka juga terlibat dengan perbankan rizab pecahan seperti bank-bank konvensional. Perbankan rizab pecahan adalah di mana RM1000 yang anda letakkan di dalam suatu akaun semasa dengan sebuah bank akan dipinjam berkali-kali oleh bank-bank sehingga akhirnya ramai orang memegang buku cek yang mengaku memilikki RM1000 tunai yang anda mula-mula letakkan di bank anda tersebut. Bank boleh berbuat demikian sebab tidak ramai orang yang datang keluarkan tunai; kebanyakkan membuat bayaran dengan buku cek. Mereka tahu lazimnya mereka hanya perlu simpan  tunai hanya 10% daripada jumlah keseluruhan buku cek tersebut. Ini kerana itulah jumlah maksima yang biasa dikeluarkan oleh orang dari bank didalam sesuatu masa.

Tuesday, July 16, 2013

Fiat Money and the Degradation of the Muslims

Assalamu 'Alaikum,

Excellent article by Prof Kameel attached below. Prof Kameel has long been an advocate for the removal of the fiat money system. Fiat money system is one of the most important issues of our lifetime. It is so important that in the last few messages to mankind, the last few verses of the Quran and in the Khutbah Wida' by Rasulullah s.a.w. we are again warned about the dangers of riba, which is what fractional reserve banking is, the mother of all riba!  We need to clearly understand Prof Kameel's  message. Fighting riba should interest us who worry about the future of our grand children; it should interest us who wish to live life as true Muslims, free of riba: It should worry us who worry about the fate of Palestine and Al-Alqsa; it should worry us who worry about Misr and a host of other debt slaves nations, slaves to nations who are kings of riba ; it should worry us who are Nationalists and worry about the fate of the Malays. I submit if we really do understand, there is no other issue as critical as riba, they just pale in comparison. No other sins Allah and His Rasul declare war on as in riba.
AlBaqarah : 278 & 279

O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers.
And if you do not, then be informed of a war [against you] from Allah and His Messenger. But if you repent, you may have your principal - [thus] you do no wrong, nor are you wronged.

Thursday, July 4, 2013

Let us not reach this stage / Janganlah kita sampai ketahap ini

Assalamu 'Alaikum

Let us not reach this stage / Janganlah kita sampai ketahap ini

In America in 2010 25 hedge fund managers were reported to have made over US22 billion for themselves while 44 million Americans were on food stamps. CEO pay increased 27% in 2010 when over 20 million Americans were unemployed

Let us not reach this stage here in Malaysia
The issue is not about eradication of poverty in a society. The issue is about the widening gap between the rich and the poor because of our blind adherence to the current debt based and fiat money and fractional reserve banking based banking system.

Tuesday, July 2, 2013

Is there a lesson to be learnt here ? / Adakah sesuatu yang dapat dipelajari di sini?

Assalamu 'Alaikum,

Quote from the book “Currency Wars” by James Rickards

“The Fed’s (i.e.Federal Reserve, privately owned central bank of the US) track record on dollar price stability should be compared to that of the Roman Republic, whose silver denarius maintained 100 percent of its original purchasing power for over two hundred years, until it began to be debased by the Emperor Augustus in the late first century BC.

Adakah kita bangga dengan keadaan ini? / Are we proud of this?

Assalamu 'Alaikum,

I just came back from a relative kenduri tahlil in Perak. I learnt from a relative selling hamburger and sugar cane juice for a living at a housing estate in Ipoh that kids are coming up to him with just coins and asking whether they can just buy the beef because they cant afford the whole hamburger. My aged auntie in the kampung says people are coming to her house asking whether she has odd jobs they can do. If she has, the little money they earn are dutifully used to buy food for the family. I have seen people going into nasi campur shops at lunch time and eating only rice, gravy and vegetables because that is all they can afford.