Could Islamic Finance rescue the global economy?

Source: alternet.org

By: Harris Irfan

Is there a place for ethics and morality in the global economy? Should we continue to rely on governments to tweak at the margins of financial regulation, or is there a credible argument that a root and branch reformation is required – a revolution in capitalism?

Anthropologist and co-founder of the Occupy Wall Street movement David Graeber believes – along with an increasing number of leading intellectuals – that the world’s reliance on our current banking system has had a catastrophic impact on society, leading to an increasing divide between rich and poor, an increase in contemporary versions of debt bondage, and perpetuating the idea that credit creation is a mark of human progress.

Only Wannabe Christian Muslims want to celebrate Christmas (Video)

 An increasing number of Muslims want to celebrate Christmas as each year passes. As Sheikh Mumtaz ul Haq explains, these Muslims are more worried about pleasing the media and the Western society than they are with abiding to Islam. He calls these people “Supposed Muslims”, because they claim to be Muslims, yet have no respect for Allah, no respect for the Prophet Muhammad, and no respect for Islam.

The Trews: Russell Brand – Mainstream Media Corruption Is Killing People (Video)

 Government budget cuts have meant over 5000 UK firefighters being axed, 39 fire stations closed & emergency response times significantly increasing. Lives are being lost as a result so why are the mainstream media not covering this?

Dr. Zakir Naik: Is Islam the Solution for Humanity? (Video)

 Blatant Terrorism, Regional and Religious Intolerance and Inequalities, Rape, Theft and Murder, Deteriorating Morals, Ethics and Values. Increasing Materialism and Self-Centric Activities. Little Regard to the Problems of others. Does Islam provide answers for Humanity?

Documentary: Our Future, Made in Africa (Video)

“It’s a well known statistic that USD $400 million of funding for feasibility studies and master plans across sub-Saharan Africa would develop over USD $100 billion of infrastructure projects, which in turn would create a value of USD $1 trillion across africa. Increasing GDP on the continent by 2% and lifting 200 million people out of poverty.” – Ozwald Boateng, OBE

Many Young Australians are now converting to Islam (Video)

 An increasing number of young Australian men and women are now crossing over and converting to Islam. Now, A Current Affair takes you inside the family homes where everything is changing.
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