Shifting oil sales from the Petrodollar to gold would drastically alter global financial dynamics. Nations would accumulate gold instead of US dollars, possibly devaluing the dollar and boosting gold demand and price volatility. This could challenge US economic hegemony and introduce global economic uncertainty. There might be a push towards a new gold-based trade standard, affecting trade balances, monetary policies, and potentially leading to more stable but expensive oil prices. International trade agreements would likely need renegotiation to adapt to these changes.
politics
Don’t cry for Gaza – save your tears for yourself
The ongoing oppression of Muslims worldwide, particularly in Gaza, requires urgent action beyond temporary solutions. True liberation necessitates rejecting nationalism for a unified Islamic polity.
Islamic Rule – Islam defines the rule, not the technicalities
Explaining the difference between hukm (a rule) and usloob (a style) Hadith 9 Musa bin Talha reported from his father: I and Allah's Messengerhappened to pass by people near the date-palm trees. He (the Holy Prophet) said: What are these people doing? They said: They are grafting (they combine the male with the female (tree) … Continue reading Islamic Rule – Islam defines the rule, not the technicalities
Islamic Rule – Obligation of the Khilafah
Hadith 3 مَنْ خَلَعَ يَدًا مِنْ طَاعَةٍ لَقِىَ اللَّهَ يَوْمَ الْقِيَامَةِ وَلاَ حُجَّةَ لَهُ وَمَنْ مَاتَ وَلَيْسَ فِى عُنُقِهِ بَيْعَةٌ مَاتَ مِيتَةً جَاهِلِيَّةًWhoever removes his hand from obedience (to the ruler) will meet Allah with no proof for himself, and whoever dies without the pledge of allegiance (to the ruler) upon his neck dies a … Continue reading Islamic Rule – Obligation of the Khilafah
Islamic Rule – The Khulafaa are the rulers of the Muslim Ummah
Hadith 1 كَانَتْ بَنُو إِسْرَائِيلَ تَسُوسُهُمُ الأَنْبِيَاءُ كُلَّمَا هَلَكَ نَبِىٌّ خَلَفَهُ نَبِىٌّ وَإِنَّهُ لاَ نَبِىَّ بَعْدِى وَسَتَكُونُ خُلَفَاءُ يَكْثُرُونَ قَالُوا فَمَا تَأْمُرُنَا قَالَ فُوا بِبَيْعَةِ الأَوَّلِ فَالأَوَّلِ وَأَعْطُوهُمْ حَقَّهُمْ فَإِنَّ اللَّهَ سَائِلُهُمْ عَمَّنِ اسْتَرْعَاهُمْ"The tribes of Israa'il were ruled by the Prophets, every time a Prophet deceased he was followed by another Prophet, and there … Continue reading Islamic Rule – The Khulafaa are the rulers of the Muslim Ummah
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The Caliphate Deniers
(The following is a section reproduced with minor edits from an article originally published in the academic journal Political Theology 11.6 (2010) 826-845) "Muslim secularists" - or the subset within them of "Caliphate deniers", being those who profess a Muslim belief but consider that Islam has nothing to say about the State, that any conception … Continue reading The Caliphate Deniers
Voting: A Brief Look
Democracy is fundamentally “rule by the people”, and is based upon total and complete sovereignty residing in “the people”.....Representative democracy is when representatives are chosen by the people in order to exercise that sovereignty on their behalf.... Voting for a candidate in a representative democracy is therefore the process of selection to choose someone to exercise the sovereignty of the people on your behalf.
Betrayal of the Inheritance – Contemporary Muslim Scholars and the Jurisprudence of Capitulation
Numerous well known scholars have become interlocutors for the current regimes across the Middle East and Muslim countries, forsaking leadership of the oppressed in the name of a wisdom they claim monopoly over, promoting a perversion of normative Islamic thought under the guise of a traditional Islam that they have ceased to represent, if they ever did.