بسم الله الرحمن الرحيم Answer to QuestionRuling on Financial and Commercial Transactions Over the InternetTo Saed Khatib(Translated) Question: Assalamu alaikum wa Rahmatullah wa Barakatahu, What is the ruling on trading, for example, buying a dinar, oil, gold, etc. with dollars at a time of cheapness, then selling it at a time of high prices to … Continue reading Q&A: Ruling on Financial and Commercial Transactions Over the Internet
Category: Economics
Pakistan’s Revenue and Expenditure under the Khilafah
بسم الله الرحمن الرحيم Pakistan’s Revenue and Expenditure under the Khilafah Pakistan’s Current System Secures the Economic Interests of the Kafir Colonialists Sufficient revenues in the state treasury are essential for looking after the affairs of the people and managing the state expenses, such as the armed forces, health and education. However, in Pakistan's current … Continue reading Pakistan’s Revenue and Expenditure under the Khilafah
Q&A: Is it permissible for the Khalifah to impose taxes on Muslims?
We present here an answer from the Hizb’s Ameer, Sheikh Ata Abu Al Rashta, on the question of taxation under the Islamic system of governance. Question: As-Salaamu Alaikum Wa Rahmatullah Wa Barakaatuhu, May Allah allow you to persevere. I have a question that I hope that you can answer. It is known that “taxes” are Muharramah (prohibited) … Continue reading Q&A: Is it permissible for the Khalifah to impose taxes on Muslims?
Q&A: The Budget in the Khilafah State
بسم الله الرحمن الرحيمThe Answer to the Question:The Budget in the Khilafah StateTo: Tahsin Hasan Hadyah (Translated) Question: Bismillah Ar-Rahman Ar-Raheem… As-Salaam Alaikum Wa Rahmatullah Wa Barakaatuhu Please explain the meaning of what is mentioned below: In the book The Economic System in Islam, it mentions the following statement regarding the State budget: “As for … Continue reading Q&A: The Budget in the Khilafah State