Islamic Revival

On 15th August 2007, the largest democracy of the world celebrated its 60th birthday. At birth the British christened it with a system of governance called 'Democracy' - modern, civil and benevolent. The British have a constitutional monarchy but thought it beneficial for India to have democracy. We, as a nation are proud to trumpet our self as a modern and civilized society, quick to criticize our neighbouring countries of being dictatorial and therefore primitive and oppressive in governance, be it Nepal, Bhutan, Pakistan or Bangladesh. In the first place, our beloved democracy is often a result of elections in which, on an average only 40-45% of the populace votes. The remaining 55-60% does not participate because they do not have the right of negative voting i.e. to say that they don't want a particular individual to be elected. Is this government really BY the people? Then there are innumerable parties and its splinter groups to distribute the booty of those 45% vote

With the financial crisis engulfing the developed world a couple of months old its origins, causes and possible effects can now be assessed as many of the underlying factors have become clear. Khilafah.com in this two part series will asses the instability of the financial markets in the West and its impact on the wider global economy and what the Khilafah has to offer as an alternative. Panic and turmoil gripped the world's financial markets in August as the US housing market bubble burst. The crisis threatens a worldwide economic slowdown, bringing to a halt more than a decade of increasing prosperity and employment for western economies. Such were the far-reaching consequences its effect was felt in the UK recently as Northern Rock (Britain 5th largest Bank) faced a bank ‘run' where many customers attempted to withdraw their savings in anticipation of its collapse. Its fortunes had its origins from the US housing market crash. Understanding the Banking System The obvious

Various articles and books relating to Khilafah and Islam are available to download from: http://www.esnips.com/web/TamilIslamicliterature More articles and books will be added in future inshallah.