Revelation; Solution to the Economic Crisis

One of the main pillars of civilization is charity constitutions which help maintaining a level of prosperity for the whole community.  Its origin is only seen in the revelation, as the main source of benevolence throughout the history. “The alms are only for the poor and the needy, and those who collect them, and those whose hearts are to be reconciled, and to free the captives and the debtors, and for the cause of Allah, and (for) the wayfarers; a duty imposed by Allah. Allah is knower, Wise.” (Qur’an, Tawbah,…

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Social Harms of Interest

Interest, which is an undeserved gain, leads to the breakdown of the social order. To abolish it would close the door to many conflicts it causes. As economic events can be seen like social events, the economic effects of interest and all the problems that occur due to interest can be seen as its social effects. Indeed, in countries where the economic troubles such as unemployment, low income, corrupt income distribution, people are, in the words of Plato, like idle masses carrying poison in them. Some of these people are…

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