Islamic Revival

The following is a translation from Arabic. بسم الله الرحمن الرحيم O Muslims! Is not the time for you to realise that the Khilafah is your only refuge which can salvage you. Is it not time that you realise that your rulers are the protectors of your enemy and not your protectors? The Jewish entity began its barbaric attacks on Gaza on 27 December 2008, wherein it indulged in destruction and killing. It incinerated men, their pastures and their properties. Then on 17 January 2009, it announced a unilateral cease fire, only to create public opinion that it is the controlling power. It starts its brutal attacks whenever it wishes and stops them whenever and however it is convenient for it! Indeed the Jewish entity has done all of this whilst the rulers of the Muslim countries are busy counting the dead bodies and injured of the Muslims and some are not even doing this and they are not even bothered about it! Such rulers have used various deceptive and twisted means to transform the Palest

بسم الله الرحمن الرحيم On 21 January 2009, Pakistan’s President, Asif Ali Zardari, began an attempt by his government to portray the inauguration of the new US President, Barak Hussain Obama, as a new hope for Pakistan. Zardari said, “Renewal by the US president of commitment to high ideals and values would raise hope for a better future for the peoples of the world.” This statement was followed by days of media campaigning by the government, in an attempt to justify its allegiance to America. As usual the government was joined in its chorus by those politicians who claim to speak for Muslims and Islam, but speak without care for the consequences upon the Muslims and Islam. Indeed, the government’s claim that a new US President justifies its alliance with America is as false as the government’s previous claim that changing Pakistan’s President justifies Pakistan’s corrupt and failing system. There is no change in America’s policy towards Muslims for Obama and Bush are just two faces of

By Mustaq Koya, Idialogue Magazine (Australia) January 2009 Edition The devastating ripple effect of the American Subprime Mortgage crisis is seen across the world. Meltdowns of the global financial sector, bailout packages for large corporations, corporate collapses, desperate economic stimulus packages, warnings of looming recessions in major developed economies followed by job cuts, and much worse, horrors of a depression have all been envisioned. More than a mere global Financial crisis, we are witnessing the epic saga of a global Economic crisis. Cause and Effects What kick started the whole conundrum was the mortgage defaults in the US Subprime Mortgage sector. In the years leading up to 2007, when the crisis began to unfold, major home mortgage sponsors in the US, Freddie Mac and Fannie Mae had a total combined outstanding loans of up to USD$5.1 trillion. The loans were given to almost anyone that rocked up to the lenders and wanted to buy a house, despite their ability to servi