Economic system in Islam compared with capitalism and socialism pdf download

Economic system in Islam compared with capitalism and socialism

By Abdul Husain Muhammad

ECONOMIC SYSTEM IN ISLAM COMPARED WITH CAPITALISM AND SOCIALISM

The urgent need for Islamic literature is felt throughout the world. Many young Muslims by birth, when asked which religion they adhere to their answer comes hesitatingly Muslims.

Many others deny or hide their identity and claim to be progressive `atheists,’ since it is the fashion now!

 It is needless to say that this shameful situation has resulted from ignorance. It is the dreadful ignorance about Islamic ideals, concepts, and philosophy.

Anyone is shocked at comparing the magnificent role played by Muslims in history, and seeing today’s Muslims. It is acknowledged that Muslims had performed remarkable achievements in every field such as astronomy, algebra, geometry, chemistry, optics, and medicine……..

The human and organisational fields received their full share also, where the form of government is formulated, wealth is evenly and justly distributed, rights are protected…….

The topic of this booklet is the economic system in Islam. This might cause astonishment among Muslims who received Western-style education. They are taught that religion is a mere relation between God and man.

They are told that religion has nothing to do with society, its welfare and its organisation.

This world is Caesar’s Kingdom, while God’s Kingdom is the next world. Islam firmly rejects these foreign ideas and dictates that both worlds are belonging to God alone, and it is the Heavenly light that truly guides towards prosperity.