Why is Islam so poor? From wealth to poverty in 900 years
Article Abstract:
The author connects the poverty of Muslim nations to what he sees as their religious predisposition to hate everyone who is not Muslim.
Publication Name: Antitrust Law and Economics Review
Subject: Law
ISSN: 0003-6048
Year: 2000
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Why is Islam so poor? From wealth to poverty in 900 years
Article Abstract:
The author believes that the poverty of Muslim countries is due to bad economic policies formulated by corrupt leaders.
Publication Name: Antitrust Law and Economics Review
Subject: Law
ISSN: 0003-6048
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Why is Islam so poor? From wealth to poverty in 900 years
Article Abstract:
The author traces the causes of poverty among Muslim countries. He believes it relates to religious fanaticism.
Publication Name: Antitrust Law and Economics Review
Subject: Law
ISSN: 0003-6048
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
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Muslims are bankrupt of the basic understanding of the Holy Quran and Hadees! I mean they have utterly failed to do their prime duty to erode "riba" (soot or interest) based systems prevalent; and that has gulped all "pure" / or holy money.
Muslims are disillusioned; since the last 1436 years of the basics of handling money in an "Islamic" manner or a system that relieves them from the curses due on them for mishandling money from top to bottom; from the inception of the system to this day.
All Islamic banks; believe it or not are now owned by non-followers; or the ethos that are followed and under the guise of Islam are utterly reverse to Islamic norms & managed by unblessed or cursed systems; as I understand; and keep reading news from time and again.
"Every Man is answerable and accountable for his transactions / howsoever he may hide behinds falsified concept of managing his or her wealth, be he king or a popper."
Muslims are draining each day their money into the hands of the crooks or unholy/ unblessed souls; instead of handling themselves at every pretext and stand directly answerable to each one of one’s dealings, directly to ALLAH-THE-ALMIGHTY.
Muslims by their failure to eliminate "riba"; are themselves knowingly or unknowingly are drained into it & have not only miserably failed their "Holy-Prophet" (peace &blessing of ALLAH be upon him) and have failed ALLAH-THE-ALMIGHTY on this planet: earth; the curses of it are on them all.
As simple as it is; they have imagined it as an impossibility of understanding and implementation.
May ALLAH-THE-ALMIGHTY help us understand and implement the concept of managing ‘money’ as He wills and as per the “spiritual/ holy approach” that will lead to a “riba-free-systems”. INSHA-ALLAH!