The Changing Face of Money and Its Impact on Muslim Nations
This Article Is Review From Video From Lecture Syekh Imron Hosein
We've introduced you to sunnah money now let us explain what are the functions of money i need a haircut and my wife says to me imran i'm tired cutting your hair why don't you go to the baba so i went to the baba baba cut my hair i've got to pay him now so i offer him a
Copy of my book prohibition of riba in the quran and sunnah baba the baba looked at me with a very strange look on his face he says i'm afraid i'm not interested in reading your book how can i pay him this is called bata bhatta has its limitations as they found out in yugoslavia as they're finding out in in in indonesia now bata has its limitations what i need is money something which can function as a medium of exchange i pay him for the haircut with money he goes to the market and he buys tomatoes with money that vendor comes
He buys my book prohibition of riba in the quran and sunnah with money this is now money functioning as a medium of exchange Allah Subhanahu Wa Ta'ala who created us with needs which cannot be satisfied except through buying and selling must also have created money which can function as a medium of exchange sunnah money perform that function successfully yes i know somebody will argue that it was not as convenient to have dates as money as it is to have some pieces of paper in your wallet i know that argument
But the the fact is that sunnah money functions successfully as a medium of exchange second function of money second function of money every single home i went to in south africa every single hope it was a black woman a black woman as a domestic servant yeah and she was working from morning until night for the whole month a black woman so i scratched my head and i said if that is islam if that is islam i need to do some work here that couldn't possibly be islam in every single home a black woman sometimes two sometimes three sometimes
Four as domestic servants working from morning to night that's a recipe for disaster how much shall we pay her for her labor one of the functions of money now must be to be functioning as a measure a value what is the value of the labor of that woman she works for the whole month and a unit which she understands is a bag of corn they call it mealy the staple diet of the african people in southern africa so maybe 40 bags of corn maybe five or ten she would use for eating another five she'd use for clothing
Another five she's used for transport and so 40 bags of corn would be a measure of her value of the labor but then there's a third function of money so long as we use sunnah money sunnah money functioned successfully as a medium of exchange and as a faithful measure of value so that she always got what would be a just wage but there's a third function of money if i work for the whole month and i get a salary with which i can buy a camel you remember and i take that money home and i say to my wife put it away
10 years later when i take it out it should still be able to buy the camel 20 years later i should still be able to buy the coming in other words this money should faithfully preserve my one month of sweat and sunnah money did that all through history now let me introduce you to something very sinister that occurred in fact it was more than something harami was riba but the prophet had said Shallallahu 'Ala Alayhi Wasallam about the river which would come with the jowl what did he say he said that it will be
As difficult to recognize it as it would be to recognize a black ant on a black stone on a dark night i mean you don't need a phd from the university of new south wales to recognize the only man who can see that ant the black ant on the black stone on the dark knight is the one who has some light you don't need a phd to understand that huh nobody else can recognize it nobody else not even a phd from al-azhar university you cannot recognize it unless you have no and guess what it isn't sold in the stock market
No suddenly strangely something happened europe is empowered with a power which the rest of the world combined cannot match if you think this happened by accident you should go and buy a house in disneyland yes that's where you should go and live europe is empowered for the first time in its history with a power which the rest of the world combined cannot match and europe uses that power to attack the rest of the world and
Night they would have the lowering of the flag and the raising of the flag and there'll be dancing and sun and they say we've got we've got freedom but the european will be hiding behind a mango tree and laughing his belly out look at his one-eyed fools they think they have got freedom that they drove europe out no europe withdrew for tactical and strategic reasons but before europe withdrew decolonized europe planted some tree truly dangerous seeds but the only way you could recognize those dangerous seeds
Is if you have no from Allah not just knowledge that you get from the books that's important yes that is important but you need something more than that the first seed that europe planted of course i told you about it already in my lecture on imam al-mahdi that it is in the essence of islam that you must recognize Allah SWT as Al-Malik the one who possesses Al-Mulk sovereignty that's the translation for sovereignty but now europe leaves behind a dangerous seed called the modern secular state
And the modern secular state declares we no longer recognize Allah Subhanahu Wa'Ta'ala as Al-Malik the state is now Al-Malik sovereign and that is shirk and i explained to you the same thing about power Al-Aqbar and the same thing about Al-Haqam the one whose law is supreme so go back to that lecture and you'll understand this so this was the seed of shirk political shirk which was planted how many muslims saw it and recognize it how many of our distinguished and learned ulama for whom we have respect
We don't speak disrespectfully of them not at all how many of them recognized that this was shulk we even had a ruler in politics yeah or am i in politics we've had islamic movements becoming a political party and fighting in elections like everybody else still going on now incapable of seeing the shirk of the modern secular state i told you about my arguments with taliban and i couldn't succeed in getting taliban and his ulama to understand this point but the second seed that europe planted before withdrawing
Was a seed of transformation of money money was no longer going to be sunnah money money which had intrinsic value but rather we now have a new kind of money is paper money and it does not possess intrinsic value the value of the money is outside of the money and so now i'm paid my salary in paper and i am told imran this is very convenient you can you can put it in your in your ass you can slip it in easily in your wallet paper huh very convenient so i got my salary and paper it could buy a camel took it home
Gave it to my wife put it away five years later take it out can't buy a camera anymore can only buy a donkey now did you hear that can only buy a donkey now my one month of sweat is now reduced only two weeks have been kept in the money and two weeks of my sweat has disappeared is this permissible in islam.
Has now been reduced to two weeks okay what does Allah say about this in the quran it's there in the quran it's there but we don't notice it the prophet and the market or the economy of the people of sri lanka is a corrupted market there's a lot of ripping off going on in this market and Allah SWT responds to it in the quran and he declares three times in the quran listen to the words do not do this my one month is now reduced to two weeks do not diminish and make less the value of people's property people's labor etc that is haram and so this money which is losing value is by the definition of the quran haram but we were asleep let me conclude myself in it so nobody will be angry with me we all asleep and we didn't recognize we've been taken for a ride but had it been an african-american you must have heard his name a man named malcolm x oh he used to see with two eyes oh yes had it been malcolm malcolm would have asked who took my money and how did they take it and then it would have become clear
That my loss was somebody else's gain let me repeat that when my money could no longer buy a camel it could only buy a donkey the value of my labor has been diminished by half my loss was somebody else's gain five years later when i take it or can't buy a donkey anymore can only buy a goat now and so my one month has now been diminished to one week if this keeps on going on i'm going to be enslaved a new slavery will come upon the world if this keeps on going on like this surely it was time for the ummah of Muhammad SAW to islam to stop fighting amongst themselves over popcorn because that's what they're doing fighting over popcorn while this massive betrayal of islam is taking place and we are blissfully ignorant of it that's the price we pay when we only have scholarship but no no five years later when you when you take out that money can't buy a goat anymore cuny buy chicken and chips that's where indonesia is now that is where indonesia is now chicken and chips that's where turkey is now chicken and
Chips yes and still we're fighting over popcorn if you're 17 years of age tonight son and daughter this lecture is for you they've been fighting over popcorn while the slavery has come upon us the indonesian rupiah is now trading at about ten to eleven thousand rupiah to one u.s dollar and you'd want to know why is the relationship the value of the money always linked to the us dollar we'll explain to you that tonight when the indonesian rupiah collapsed three years ago dramatically there was nothing wrong
With the indonesian economy the international monetary fund of the world bank just two or three months earlier had given a clean bill of health to the indonesian economy nothing significant had changed in that economy when george soros and and company attacked and the banking centers around indonesia attacked singapore let's put it into the record tonight is one of them the indonesian rupiah collapsed overnight it was creating i think about 8 000 and it fell to 20 000 within a matter of one week and more than a half of the population of
Indonesia were instantaneously reduced to poverty there is such massive poverty in indonesia today that the country is riddled with violence and our sisters oh let's put it my sister and my daughter and my mother must now sell her body for one dollar it's very cheap now one dollar yeah it's happening while those fellas are fighting over popcorn what about turkey it's not by accident that indonesia was attacked it's not by accident but the turkey was attacked like this because the indonesian is different he's
A warrior he's a fighter he'll give his life for islam the Indonesian.
Introduction
In recent times, Muslim-majority nations like Indonesia and Turkey have faced significant challenges, including economic upheavals and attacks on their financial systems. As we delve deeper into these issues, it becomes apparent that the very essence of money and its functions have undergone drastic changes, contributing to the economic struggles faced by these countries. This article explores the transformation of money, the implications of secular states, and the importance of recognizing these changes for the welfare of Muslim societies.
The Functions of Money
Money, throughout history, has served as a crucial medium of exchange, facilitating trade and commerce. Beyond its role in transactions, money has also acted as a measure of value for goods and services, ensuring fair compensation for labor. In Muslim societies, the concept of fair wages and just compensation for workers has been deeply rooted in their cultural and religious beliefs.
The Seeds of Change: Modern Secular States
As European colonial powers began to withdraw from their colonies, including Muslim-majority countries, a significant shift occurred with the rise of modern secular states. These states rejected the recognition of Allah (God) as the supreme authority, transferring sovereignty to the state itself. This shift from acknowledging Allah's sovereignty to a man-made, state-centric system was considered shirk (associating partners with Allah) and was subtly planted, evading the notice of many.
The Changing Face of Money: From Sunnah to Paper
One of the most significant changes that went largely unnoticed was the transformation of money itself. Historically, Muslim societies used sunnah money, which had intrinsic value, usually in the form of gold or silver. This ensured that the value of money remained stable over time, preserving the labor and efforts put into earning it.
However, with the advent of modern times, paper money emerged as a new medium of exchange. Unlike sunnah money, paper money lacks intrinsic value and is merely a representation of value backed by trust in the issuing authority. This led to the devaluation of money over time, resulting in the erosion of the value of labor and ultimately affecting the overall economy.
Economic Struggles and Attacks on Muslim Nations
In the context of Indonesia and Turkey, these changes in money and governance have had significant repercussions on their economies. Currency attacks and economic crises have hit these nations, creating widespread poverty and inequality. Indonesia, known for its resilient and warrior-like spirit, was not spared from such attacks, highlighting the economic vulnerability of Muslim societies in the face of global financial forces.
The Role of Awareness and Action
Despite these challenges, the response from Muslim societies has been slow and ineffective. Many have been preoccupied with internal conflicts and disagreements, failing to address the core issues affecting their economies. While scholars and leaders play a crucial role in guiding the community, the younger generation also holds the responsibility of staying informed and taking action.
Conclusion
The changing face of money, the emergence of modern secular states, and the subsequent economic struggles faced by Muslim nations demand urgent attention and collective action. Recognizing the significance of money and its role in society, while being aware of the dangers posed by secular ideologies, is essential in preserving the prosperity and stability of Muslim societies. By coming together as a united community, with a deep understanding of the Islamic principles guiding finance and governance, Muslim nations can navigate these challenges and build a brighter and more prosperous future for generations to come.
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