How Does Money Lending Interest Work - Need of the hour - Pakistan Observer
Our economic quid pro quo with the rest of the world gets established instantly the minute we revert to our ideology. The above template is the destination, the road map and the grand socio economic plan for Pakistan to legislate and adopt in consonance with its ideology. Lets apply the above template to our economic policy, foreign policy, land reforms and judicious governance. Land revenue must cater to the federal need of Defence, foreign affairs, and research in a certain percentage and the rest must go to the cities that produce the revenue. The goods from Muslim countries of the world must be allowed duty free imports in relation to non-muslim countries so that local (allied) industries can develop and find a captive market in at least 25% of the global consuming population. It is condemnable to see our natural resources remain untapped; it shameful to retain a bureaucracy that is not part of the civil society; it is ignominious to be a borrower when the wealth of the nation enables lending, free of interest (riba); It is my understanding of economic arithmetic that the world is racing towards a change in the balance of power and a whole lot of disorders will cause a new order to surface. Learn more
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