By Abdul Qadeem Zalloom
The money in Khilafah country discusses in an complicated demeanour the money within the Khilafah nation and the Shari'ah principles relating to them. The booklet describes the assets and kinds of money and explains how, whilst, and the place they're accrued. It additionally throws mild on who're entitled to those cash and the components upon which those money will be spent. the principles during this ebook have been derived exclusively from the Qur'an and the Sunnah, after cautious learn and scrutiny of the sayings of the Sahaba, the tabi'een (the fans) and their fans and the critiques of the mujtahideen. A e-book akin to this is often crucial should you are devoted to reestablishing the Khilafah, and sooner or later, upon the Khilafah's go back, it is going to turn out to be a necessary gem for the statesmen, thinkers and politicians of the Islamic Ummah.
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Additional info for Funds in The Khilafah State
Abdullah from his father from his grandfather, who said: “we came with ‘Umar ibn Al-Khattab in his Umra of the 17th year (Hijri) and the people owning water along the road spoke to him requesting the building of houses between Makkah and Madinah which had not existed previously. ” Abu Bakr b. Abdullah b. Maryam also narrated from Attiya b. ” From all of this, it is explicit that the desert, mountains and uncultivated lands are owned by the State and the Khalifah disposes of them according to his own Ijtihad whether in allocation, cultivation, selling, leasing, investment, shielding or any other forms of disposal as he deems good and proper for Muslims.
Bank interest is prohibited by Shar’a, whether from individuals or countries, as the imposition of conditions gives the lending countries and institutions control over Muslims and makes the will of Muslims and their disposition subject to the will of the lending countries and institutions, a matter which is prohibited by Shar’a. The international loans were among the most dangerous afflictions and among the causes for imposing the authority of the Kuffar upon the Islamic lands; and how often has the Ummah suffered from the calamities of these loans?
The reason for this is that the public road is not allowed to be owned by any individual or company so as to have any part of it solely for oneself, where it is protected for oneself and people are prevented from using it. This is because protection (Hima) of public properties is not allowed except for the State. But if electricity was generated from machines and its generators, stations, poles and cables were placed in other than the public road, such as being placed in the properties of its owner, then it would be private property, and it is permitted for individuals to possess it privately.