Search results for 'capitalism'

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  • The Fiqh of Minorities - A New Fiqh to Subvert Islam

    Asif K Khan

    Paperback, 44 pages 
    5.83 x 8.27 inch
    Istinarah Press

    The Muslims saw the domination of Capitalism after the turn of the 19th century; it had technological advancements and a complete functioning system while the Muslims had nothing but the declining Uthmani Khilafah. Fundamentally the Muslims had lost the understanding of the Islamic thought and the method of its implementation, and also how the thought and its method were inextricably linked together. Some were sent to the West, and were smitten with it. Rifa’a Rafi’ al- Tahtawi of Egypt (1801-1873), on his return from Paris, wrote a biographical book called Takhlis al-ibriz ila talkhis Bariz (The Extraction of Gold, or an Overview of Paris, 1834), praising their cleanliness, love of work, and above all social morality. He declared that we must mimic what is being done in Paris, advocating changes to the Islamic society from liberalising women, and to the systems of ruling.

    This thought, and others like it, marked the beginning of the reinventing trend in Islam; and it has continued into modern times. The original advocates of such thoughts were those like Muhammad Abduh, who was appointed as Sheikh al-Azhar by the British colonialists. However, what we are concerned with primarily are the products of this thought process, rather than its origins.

    We will focus on the attempt to reinvent Islam for the minorities, with the aim of resolving their specific problems. This has been called “The Fiqh (jurisprudence) of Minorities” (Fiqh al-Aqaliyaat). We will highlight the foundations of this thought, some key results that emerge from its application, and see whether there is a need for such a jurisprudence to exist.

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  • Comparative Economics - Islam's panacea to the maladies of Capitalism

    Ibn Caesar

    Paperback, 150 pages
    14.7 x 21 cm
    MaktabaIslamia Imprint

    Ever since the caliphate’s demise, Muslims have remained upon a path of ideological decline. From the depths of poverty to the brutality of war, we have passively endured the exogenous pain and suffering brought upon us for many years. Unable to realise the great significance of thought in resolving our metacognitive anaemia, economic recovery became a mere figment of our imagination and the caliphate, a glorious but obsolete history.

    However, after decades in darkness the Muslims have become increasingly agitated by the depravity that pervades them. What started with dissent has now developed into a prodigious revolution across the Muslim world, characterised primarily by an overwhelming Islamic sentiment. At present, the caliphate is no longer perceived as a distant past but a near future, whose return has been made clear by Allah (ﷻ) in His promise to us:

    “Allah has promised, to those among you who believe and work righteous deeds, that He will, of a surety, grant them in the land, inheritance (of power), as He granted it to those before them; that He will establish in authority their religion, the one which He has chosen for them; and that He will change (their state), after the fear in which they (lived), to one of security and peace: They will worship Me (alone) and not associate aught with Me.’ If any do reject faith after this, they are rebellious and wicked.” [TMQ 24:55]

    Islam’s imminent arrival has necessitated a vital discourse, in which its ability to purge the Muslim world of its economic woes must be explicated. This book seeks to do just that by expanding upon the Islamic economic system (IES), through contemporary economic theory; introducing the subject of economics and the political economy, whilst highlighting key issues ingrained within the capitalist laissez-faire system.

    Above all, it attempts to present Islam as a panacea to the maladies of capitalism by way of comparative economic analysis with the sole intent to extirpate (through revival) the ideological impotence that has plagued and obstructed our minds.

    In doing so, it will enable the reader to discern which ideology is  more capable and efficient in solving key economic problems faced in our current reality.

    Ibn Caesar is a graduate in Philosophy, Politics and Economics (BSc). He is also a researcher for the Islamic Finance Society (IFS), which spans across Kings College London, the London School of Economics, CASS (City University London) and the School of Oriental and African Studies.

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  • Exposing the call for Islamic Reformation - The battle of hearts & minds

    Adnan Khan

    Paperback, 100 Pages
    21 x 14.8 cm 
    MaktabaIslamia Publications

    The first attempts at reforming Islam resulted in the abolition of the Khilafah and the end of nearly fourteen centuries of Islamic rule. However with less then a century passing from this historical event Muslims have returned to Islam and every day edge closer to the re-establishment of the Khilafah. It is for this reason that the West has once again initiated plans to change Islam, since any revival of Islam will naturally end in the establishment of the Khilafah which represents an alternative system of governance that would then challenge the dominance of capitalism in the world.

    The battle for hearts and minds is now fully underway. Former British Prime Minister Tony Blair outlined this after the 7/7 attacks in July 2005:

    “It is not a clash of civilisations - all civilized people, Muslim or other, feel revulsion at it. But it is a global struggle. It is a battle of ideas and hearts and minds, both within Islam and outside.”4

    This battle is taking varying shapes and forms. A spectrum of various shades of modernist thought ranging from the extreme such as that of Irshad Manji to the more subtle such as Sheikh Ali Gomaa form part of this battle for hearts and minds. Amongst this spectrum are people from various backgrounds including academics, activists and traditional Ulema. All are in some shape or form, knowingly or unknowingly, propagating the reform of Islam in order to change Islam to fit with contemporary realities instead of working to change the reality in order to fit with Islam.

    It is for this very reason this book has been written. To outline very clearly the attempts being undertaken to reform Islam and highlight the key styles and means being used. It outlines the specific arguments being used by the West and those smitten by the West. It looks at the events that have already occurred to reform Islam outlining the common approach taken by the West. It also outlines the correct method in defending Islam ensuring the responses do not inadvertently aid the agenda to reform Islam. It also outlines the method to go on the offensive rather than become defensive and accept the propaganda being levelled against Islam.

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  • Islam - A Complete Way of life

    Abu Tariq, S Baig

    Paperback, 78 Pages
    21 x 14.8 cm
    MaktabaIslamia Publications

    Crime, Poverty, Social deterioration, Political corruption, Racism and Apathy; These words evoke an all too familiar vision that characterizes our homes, our communities, our countries, and the world at large. Philosophers, Sociologists, Politicians, and ordinary citizens have aspired to devise viable solutions to these modern ailments; however, contradictory to the desired outcome of these efforts, the magnitude of the problems is rapidly increasing.

    As testimony to this fact stand the volumes of statistics generated weekly by the agencies monitoring the world situation. Every solution implemented by the current world order only breeds more problems, and the existing problems continue to grow with each passing year. The persistent inadequacy of the West in dealing with these issues raises questions as to the source of its failure. Any viable solution to these problems must consist of both, the correct idea, as well as the mechanism and the resources to implement that idea. Therefore, the failure of the West could either stem from a lack of resources, or be deeply rooted in the ideas upon which Western Civilization is built, Capitalism and Secularism. As demonstrated by the numerous social and economic programs already implemented, which have mobilized an enormous amount of manpower and wealth, one can clearly see that the resources are not in scarcity. Consequently, the problems in the Western societies must emanate from the secular, capitalist mentality upon which the deployment of the resources is based. This failure of Capitalism is well recognized; however, the paradigm of the Capitalist ideology is deeply rooted in the society and has yet to be broken.

    Thus, today, the societies of the world find themselves at a crossroads. Humanity can either continue to tread down the road of failure, marching to the tune of Capitalism and Secularism, or it can search for a new path, a new ideology to direct its thinking and its efforts. Surely, the World is in need of a new and correct ideology, and it is with this vision that it must evaluate Islam.


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  • Fall of Capitalism & The Rise of Islam - Mohammad Malkawi

    Mohammad Malkawi

    1st Edition, 2016
    Paperback, 290 Pages
    15 x 23 cm 
    MaktabaIslamia Imprints

    “The Fall of Capitalism and the Rise of Islam” provides a critical analysis of the current financial crisis in the US and the world at large. The collapse of financial institutions, the crash of the housing market, the evaporation of trillions of dollars, the creation of virtual unreal wealth, and the decline of productivity are symptoms of the potential failure of the ideology of capitalism. This failure has serious impact on the life quality of billions of people around the world. This book predicts a potential crash and collapse of the world order under the pressure of a failing capitalism.

    The book makes an account of another global phenomenon, namely the second rise of Islam. The rise of Islam, similar to the fi rst one which lasted for thirteen hundred years, is a comprehensive rise which brings up the economic system together with the political system, and the moral system together with the legal system. It is being sought to introduce to the world a system full of justice, fairness, and geared toward productivity and human righteousness.

    The rise of Islam is argued to be in the best interest of the human societies around the world, and that the propagated fear of this rise is unfounded.

    The book provides a description of the economic system and the political economy of Islam. The Islamic political economy integrates several mechanisms for natural distribution of wealth, while it maintains a high level of productivity through the inhibition of usury, hoarding, and exploitation.

    “The Fall of Capitalism and the Rise of Islam” makes extensive references to a score of historians, scholars, and scientists who provide a fair testimony of the Islamic civilization and the ideology of Islam.

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  • Global Credit Crunch - Understanding the fragility of Capitalism

    Adnan Khan

    PaperBack, 103 Pages
    14.8 x 21 cm
    MaktabaIslamia Publications

    The Global credit crunch, food crisis and oil crisis has once again highlighted the fragility of Capitalism, as the fallout from the credit crunch and the wider economic crisis continues, demands for alternatives are certain to grow.

    The aim of this book is to scrutinize the causes of the current crisis and evaluate some concepts which go to the heart of Capitalism which will always cause such crisis. It will asses the various factors that have all contributed to the crisis and scrutinize why Capitalism regularly has economic crisis.

    The Islamic view on such factors will be presented in the form of an Islamic economy under the Khilafah in order to show how Islam will bring the much needed stability the world needs.

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  • Development of Science and Technology in the Islamic History

    Shabbir Ahmad

    PaperBack, 79 Pages
    12.9 x 19.8 cm
    ISBN: 978-9960-59-283-1
    MaktabaIslamia Publications

    The spectacular advances in science and technology that have occurred over the last century have led some to believe that only Western Capitalism can produce material progress.

    Does religion hinder man's progress in life? Is there a contradiction between Islam and science? Why are the countries of the Islamic world so technologically backward? Is Islam capable of addressing man's diverse problem in the 21st century?

    This book tackles these questions by exploring the relationship between Islam and science, by examining how science bloomed under Islam while Europe struggled in the Dark Ages and by illustrating a distinct vision for future scientific and technological advancement under the Islamic State.


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