Islamic Revival

Capitalism destroyed 45% of the world’s wealth in 1.5 years On March 10 2009 the CEO of the private equity company Blackstone Group LP (BX.N) Stephen Schwarzman said that up to 45 percent of the world's wealth has been destroyed by the global credit crisis. "Between 40 and 45 percent of the world's wealth has been destroyed in little less than a year and a half," Schwarzman told an audience at the Japan Society. "This is absolutely unprecedented in our lifetime." But instead of putting the blame on the fundamentals of the capitalist system for the destruction of wealth, Schwarzman blamed credit rating agencies for the current crisis. What's pretty clear is that, if you were looking for one culprit out of the many, many, many culprits, you have to point your finger at the rating agencies," he said. Britain to check for extremism in Muslim schools Britain’s education watchdog, Ofsted is to check that schools are promoting tolerance for othe...

The following is an Urdu poster which says: 'Seerat ka payaam Khilafat ka qayaam' which means 'The message of the Seerah - the establishment of Khilafah'. It is useful for billboards, posters, stickers, etc. It also shows the 'Raya', the banner of the Prophet (saw) and His (saw)'s seal.

1. The G7 The Group of Seven or G7 was formed in 1976. It is a forum where the finance ministers from seven industrialized nations meet to discuss economic issues and policies. The G7 membership consists of France, Germany, Italy, Japan, United Kingdom, Canada and United States of America. The European Union is represented by the President of the European Commission and the leader of the country that holds the Presidency of the Council of the European Union. Russia formally joined the group in 1997, resulting in the 'Group of Eight' - the G8. G7 should not be confused with the G8, which is the annual meeting of the heads of government of the above nations, including Russia. The latest G7 meeting was convened on February 14 2009 in Rome. The policy makers met after economic reports this week showed Germany's economy contracted the most in 22 years, in the fourth quarter, and U.S. consumer confidence neared its lowest since 1981. Moreover, both the World Bank and the IMF have...

Due to the current global financial crisis there is increasing interest in the Islamic Economic System, the most comprehensive book on this topic is 'The Economic System of Islam' by Sheikh Taqiuddin an-Nabhani. However as people have many questions relating to the Islamic rules of trade we will be posting related extracts from the draft translation of the Fiqh masterpiece 'The Islamic Personality, Volume 2' by Sheikh Taqiuddin an-Nabhani MORTGAGE/PLEDGING SECURITY (AR-RAHN) The (rahn) pledge in the language is (thubut) the establishment and (dawam) continuity; and it is said that it is derived from (al-habs) the imprisonment. كُلُّ امْرِئٍ بِمَا كَسَبَ رَهِينٌ “Each person is a pledge over what he acquired (kasaba)” [TMQ 52: 21] and: كُلُّ نَفْسٍ بِمَا كَسَبَتْ رَهِينَةٌ “Each soul is a pledge over what he acquired (kasaba)” [TMQ 74: 38] i.e. (muqayyada) restricted. The pledge in Shar’a is the property which is given as security for the debt so as to pay back/offfr...

The following is the draft translation of an article in Tamil: يَا أَيُّهَا النَّبِيُّ إِنَّا أَرْسَلْنَاكَ شَاهِدًا وَمُبَشِّرًا وَنَذِيرًا (45) وَدَاعِيًا إِلَى اللَّهِ بِإِذْنِهِ وَسِرَاجًا مُنِيرًا “O Prophet! Truly We have sent thee as a Witness, a Bearer of Glad Tidings, and Warner, and as one who invites to Allah’s (grace) by His leave, and as a lamp spreading light (Siraajan-Munir).” [TMQ 33:45-46] The month of Rabiul Awwal has special significance in the history of Islam. The birth and the death of our beloved Prophet (saw) happened in this month and the hijrah of Prophet (saw) to Madina to establish the Islamic state which changed the course of history also took place in this month. By scrutinizing these incidents we have lot of things to follow especially in our age of decline. Let us go deep into what they are, Birth of Prophet (saw) This is the month in which our beloved Prophet (saw) born (9 or 12 of Rabiul Awwal) who liberated the people from darkness (days of jahilliyah...

The high quality videos of the recent Urdu conference can be seen on the conference website: http://www.1ummah1state.com/conference/videos/videos-high The low quality videos on: http://www.1ummah1state.com/conference/videos/videos-low News coverage of the conference can be seen on: http://www.1ummah1state.com/conference/news-coverage

The Muslims ought to be reminded of the events that took place to signify the Hijra. And what is incumbent is to reveal its essence so as to make the Muslims truly understand its meaning and significance as opposed to a mere spiritual tradition that is inherited like the other religions, or the events that resulted in a mere change in the recording of the calendar, much like the calendar of the christians. In order to portray its vital (ideological) aspects, that which is not discussed today due to its threat to the present regimes, it is necessary to first undertake a study of the Hijra from the authentic sources of seerah, and then to derive the meaning from it. The meaning that will draw attention to the real issues of today - that Islam is both a spiritual and political Doctrine - such that by it the generation of a momentum to revive the Muslim ummah will spring from it, and at the same time all will be made aware of it. A study from the authentic sources of seerah The Messenger o...