UAE Laws and Islamic Finance

Laws of the UAE and Islamic Finance

Living in Debt Bondage

 

 

From the moment we are born, no matter where in the world, we are choking on a dollar bill. Someone has made a profit off of our birth and many will continue to profit off of our very existence through schemes such as conventional insurance and banking.  In fact, in our current world economic system fashioned by the Bretton Woods institutions, it is just as profitable to enslave blood as it is to spill blood.  Enslave, spill, enslave, spill and enslave, bomb, and profit.  Tax me to death, make obtaining an education impossible for the vast majority, however, a lifetime economic burden for some, and a privilege for the elite few.  Brand me Harvard, Yale, or Oxford and make me the master of the debt bondage system.  Yes I want to live off debt slavery!  I want to see the whole world suffer by being bonded into an activity by invisible chains which squeezes every ounce of creativity from that human life, wrecks the environment, and kills spirituality.  Debt bondage is the system we are living in now but there is a way out.  If  we take a close look at Islam and the Qu’ran, we might discover that the Prophet Muhammad lived in a time in Mecca when all the people around him were enslaved in a system of grueling debt bondage.  However, through divine revelation, He was able to set everyone free.  The answer to freeing ourselves from the current system of debt bondage, where many of us are already dead or barely living, can be found in the true interpretation and application of Islamic finance.  Every culture and religion is a hidden treasure and has a gift to offer humanity.  Islamic finance is like a beautiful untouched rose whose radiant fragrance is being whiffed around the world and whose intricate beauty offers hope of setting us free.  Let’s discover how to free ourselves of debt bondage and restore ourselves as human beings that respect and learn from one another rather than enslave, exploit, and kill one another for profit from the cradle to the grave.

1 Comment

  Rafeek wrote @

So true….the debt based (interest) banking system is both immoral and oppressive….we are seeing the evil fruit in the form of debt slavery, poverty, political instability, homelessness and unemployment. May God (Allah) help us to see the light and end this practice.


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