The Utopian Economics of Islamic Modernists

In terms of their methodology and their policy prescriptions, Islamic economists tend towards the construction of utopian ideas.

[@nihalgg1511]

Well done Taimur sb our generation could not learn in whole life which you have taught us in some thoughtful lectures. Once again thanks.

[@usmanfakhar6302]

Indeed you know economics better than alot of economic ministers

[@alijawadkhalidpakist]

Fabulous. What a concise analysis. Enough to break the religious taboos and keep ourselves updated with today’s world realities. The sooner we get out of this utopia the better for the Muslims and for this world

[@muddasarnazar]

Beautiful lectures and much humble way of telling people the bitter reality

[@muddasarnazar]

And use of propper urdu is best May Allah give you courage to keep doing this great work We need these lectures to be part of main stream media and in school, colleges and universities

[@dagamingbread7104]

I greatly enjoy your way of discussion. Your comparison of natural science vs social science sounded odd at the same time funny. In relation to history any serious student knows the cultural and political influence and context it is told to the masses especially when history of a religion written 300 years after the actual event. Keep up the good working 🤙

[@MuhammadRamzan-r2k]

Wonderful explanation of topic Stay blessed 👏👏

[@SevenCinternational-up5rx]

Ap ne zindagi k bht saray problem ko raise keeya or solutions share keeye Mein apka bht mashkoor hn k ap ne yeh koshish ki mere bht saray thought ko change krne Mein ap k time ka or teaching ka bht Bara kirdaar ha Jaldi ap se mulaqat bhi ho gi or ko thank you krny ka moqa mily GA You absolutely great explainer Jazakallah

[@rymaustudio5683]

A man and his love can change the world 🌍. Thanks for your contribution

[@hariprasaddhakad9074]

Great Analysis.......❤❤❤❤❤ It is very pleasent to see a Pakistani is thinking out of the box of islamic ideology. Pakistan need millions of intellects like you.

[@mubashiraliunar]

You have said everything without actually saying "it"! You are Pakistan's Best Teacher. Love and Sincere wishes to you!

[@rayofhope2000]

میرے مطابق جو تھوڑا سی سمجھ ہے اسلام نظام کے قیام کے لیے اصول دیتا ہے ان اصولوں پر مبنی نظام قائم ہوتا ہے کیونکہ۔ہر بدلتا وقت اپنے ساتھ نیا نظام لے کراتا ہے لیکن اصول منطق کو سمجھنا ضروری ہے جیسے برصغیر میں۔مغلوں کا زوال کی وجوہات یہ کہ وہ نئی مشینی دور اور اس کے تقاضے نہیں سمجھ سکے ان کا نظام نئے دور سے پیچھے رہ گیا تھا اگر وہ جدید دور کا نظام بھی ان اصولوں کے مطابق تشکیل دے دیتے تو زوال سے نکل آتے

[@Naruto-oj8qs]

مغلوں کے زوال کی بنیادی وجہ مکمل طور پر سرمایہ دارانہ نظام تھا جس میں شاہی خزانے کا زیادہ تر حصہ جنگوں پر خرچ ہوتا تھا اور مغل بادشاہوں، شہزادوں اور ان سے وابستہ انتظامی لوگوں کا اسراف تھا۔ مثال کے طور پر جب شاہ جہاں نے تاج محل کی تعمیر شروع کی تو وسطی ہندوستان میں قحط پڑا، اس کے باوجود اس خطے سے ٹیکس کی بھاری رقم اکٹھی کی گئی اور شاہی خزانہ بھر گیا۔ نتیجہ یہ ہوا کہ 74 لاکھ لوگ مر گئے۔ اگر ہم اکبر کے زمانے کے مغل مورخین کا مطالعہ کریں تو پتہ چلتا ہے کہ لوگوں پر اتنا زیادہ ٹیکس لگایا جاتا تھا کہ ٹیکس کی رقم ادا کرنے کے لیے انہوں نے اپنی بیویوں اور بچوں کو بھی بیچ دیا۔

[@sirajuddin1058]

Zabardast Dr. Sahib aapkay Roshan or aalimana aali fikri lectures or kawashun ka shukria. Jawani main bhatto Kay zamana main tarraqi pasand literature aasmani say mil jata. Ab sirf aap hi wasila or zariya hain. Zinda or painda bad. Shukriya

[@shahzadakhtar1063]

TR: Salute to you! Your lectures - educational and informative!

[@tariqaziz783]

Great explained

[@naumanmustafa7728]

Now so easy to comprehend one of the most difficult topics in economics, thanks a lot

[@everfreshlove]

Great lecture! I enjoyed every moment of it. Here are couple of points I would like to make in the form of a critique: Firstly, science is Amoral. It does not make value judgements. Secondly, morality/ethics are derived from your philosophical WORLDVIEW either they are relative/ subjective or objective. We all have a sense of morality ingrained in us. Social justice in economics is based on moral and ethical values. Otherwise who cares! With scientific mode of advance production without a moral or ideological component, you will have Might is Right! And we see that in the disparity between the Global North and the Global South. I fully support science and technology in economic production and progress of society. At the same time, I support moral and ethical values which should be part and parcel of a political economy to have a fair, just, secure, and satisfied society.

[@minhajraza6740]

Philosophy = Ontology + Epistemology + Axiology. You put light on "Axiology" part. And definitely it is an essential part. I don't think Dr. Taimoor denying this.

[@pm6127]

I think he is focusing on the fact that the tribal society had an economic system that suited the times.. Current globally integrated economy is beyond the imagination of people who designed islamic system 1400 years ago. A capitalist society with limited application of social safety nets is optimum..

[@Qanwaz100]

Mind-numbing...💯 In nutshell, Islam doesn't have that Economic system required in this modern era. Must be debated at length!

[@insandostparty]

تیمور جی آپکی دانشمندی اور جرات کو سلام!! بلآخر صدیوں سے منجمند گتھلیوں کو ایک نہ ایک دن تو سلجھنا ہی ہے ۔۔۔ آفرین اور قابلِ ستائش

[@shabbirahmeddar7765]

بہت اعلی لیکچر ہے۔ آپ اپنے دادا جان کے خلاف دلاہل دے رہے ہیں۔ وہ شام ہمدرد میں اتنے پیشن کے ساتھ سوشلزم کے خلاف لیکچر دیتے تھے۔ اور ان کےسوشلزم کے خلاف مضامین جماعت اسلامی بڑے اہتمام کے ساتھ چھاپتی تھی۔

[@dr.mushtaqmangat4469]

salam dear ... always found your lecture ...full of knowledge and very useful. today your lecture regarding means of production is a valid theory and it has practical evidence. I'm looking after a production house where four hundred people are working, for garments and knitted fabric. I believe that we must have affordable technology otherwise we will be no more thanks to Almighty Allah I am following this theory and getting the results. so it is not only 3 it has a lot of practical evidence good luck, sir

[@amjadsiddique7019]

excellent dr sahib

[@ishtiaqniazi9950]

very informative , good attempt to awake .......

[@CoolWinter]

sir ap bht knoledgable hyn keep up the good work really appreciate your videos

[@asgharkhanutmankhel9468]

شکریہ تیمور بھائی اپ ہمارے بہت سے سوالات کا حل بھی دے رہے ہیں لیکن ساتھ ساتھ مزید سوالات ہمارے دماغ میں بھی ڈال رہے ہیں! ہاہاہاہاہا پہلی بات، اپکی اس موقف کے کہ مسلمانوں کو "ایڈوانس مینز اف پرڈکشن سے جڑنا چاہئے" سے میں بلکل اتفاق کرتا ہے اور دلیل کے طور پر سورہ لقمان کی ایات نمبر 34 پیش کرتا ہو۔ تمام دوست اس ایات کو ترجمہ اور پورانے تفاسیر کے ساتھ پڑھے اور اس سب کے بعد ڈاکٹر اسرار احمد کی اڈیوں تفسیر سنے تو اس بہت کا واضح احساس ہوگا کہ ہاں مسلمانوں کو ریوزٹ کرنا پڑھے گا۔ مطلب اجماع کی شدید ضرورت ہے اور اجماع بھی علماء اور ڈاکٹر تیمور جیسے لوگ متفقہ طور پر کریں تو یقین کریں ہمارے بہت سارے مسائل حل ہوسکتے ہیں۔ دوسری بات، جس سے میرے ذہن میں سوال اٹھتا ہے وہ کہ اپ اکثر کمونزم کو لیکر تھوڑا بائس ہوجاتے ہیں ہاہاہاہاہا ۔۔۔۔! اور بہت چیزں پس پردہ ڈال لیتے ہیں جیسے اسلام سود کے خلاف، کرنسی کا ذریعہ موجود ہے، لین دین کا طریقہ کار۔۔۔ مدینہ مارکیٹ وصول اور سب سے بڑ کر وہ جدید اصول جیسے "قانون حقوق کو برقرار رکھنا، انصاف کو برقرار رکھنا اور غلطیوں کا ازالہ کرنا اور قانون ریاست اور بین ریاستی افراد کے درمیان امن عامہ، توازن، ہم آہنگی، امن کو یقینی بنانا وغیرہ شامل ہیں۔ مثال کے طور پر چوری کی تو اسلام میں باقاعدہ سزہ موجود ہے۔ اب کوئی یہ سوچے کہ یہ سزا نافذ ہوئی تو ہر گلی میں بونڈے ہاتھ والے نظر ائے گے؟ بلکل نہیں بلکہ امن اجائے گا چوری ختم ہو جائے گی، ہر بندہ چوری کرنے سے پہلے ہزار بار اپنے ہاتھوں کو دیکھے گا۔ @SaimaAhmed

[@iammkullah]

Advance mean of production is the only way to progress no doubt. What a summary sir.

[@53ajeem]

You r right.to add according to new requirements is a must.

[@jawaharlalsingh1250]

Thanks a lot for this explanation of political economics.

[@advocatehafiznasirmahmood5980]

Very very beautiful and useful talk of my dear bro ! I appreciate your best effort for humanity

[@ahmedhumayunrasheed2434]

Doc you brought up a very nuanced Topic! Good one!

[@sarfrazsae9226]

The issue is not religion but the issue is economy, business, living standards while religion is your personal matters. So you have landlords, bankers, factory owners etc which are part of capitalism. So, they are looking to increase their business, wealth, technology etc. if you go by them then other public will be slaves, unable to keep decent life style or life standards. So people want the government in their favor who provides a better social life, trust, guarantees, security etc. at the same time they want high moral values, interest, unbreakable attitudes that is why you see 50% 50% share exist. Nothing besides it. So people try to help the public government if they understand some better moral value, interest, consistency etc but some economists think principles violation but they are unable to mention any principle or only argue that the capitalists have their ownership rights or policies that mean you take it or leave it but in other sense you or any one has to justify your attitude no matter what if you looking to move forward or want to hold your status. Currently in the United States private or individual businesses are gone more than 90% as compared to before 911. But the government is playing in the hands of capitalist or older rules and regulations when they were proud of the high volume cash flow without inflation. While if you look at mental approach or understanding is zero because they think as you say it is all about principle. But what is the public argument? You only sit in parliament if you have the majority of votes. Look how many people get it not many.

[@drsiddiqakbar]

Thanks Taimur. Just discovered you. Wonderful lecture. Agree with your primary assertion, through & through, but you harbor a gaping hole as well: that values matter. That everything we do has a moral dimension as well. It matters. But do not let it take any credit from you. Excellent flow of argument. Love your emotional involvement in what you had to say. Stay committed. All the best.

[@maliali2075]

Worth listening and relistening. One thing about RIBA , or purchase of property on installements and other such issues regarding doing business on loans , how would they be classified , ethically or Economically.

[@shortlecturesofdrisrarahme1436]

Agr ap na Islamic economic system kaa baraa maa janna haa too app kaa kaam haa kaa Dr israr kaa Lecture sonaa

[@mohsinafzaal7159]

Excellent lecture as always……we need to modernize our thinking 🤔

[@umerhayat1590]

Thank you Sir for providing us with this value able quality info🎉

[@biker1581]

thank you Dr. Taimur!!!!!!!

[@IrfanA7861]

Wow amazing, I wish I could have a teacher like you when I was young.

[@saimaahmed8759]

Dil chah raha hai aapka REBUTTAL video banaaon :) Mein PhD level par LUMS aur America mein parh chukee Hoon as Fulbright scholar :) Meri field bhi teaching aur training hai!

[@adnanraza6670]

It's easier said than done ✅

[@asgharkhanutmankhel9468]

That would be a nice one & we will enjoy more knowledge! :) ہم تو چاہتے ہیں کہ کوئی فائرنگ کریں اور ہم نیچھے خالی کارتوس اکھٹا کریں! :) ;)

[@saimaahmed8759]

@@adnanraza6670 jee Mera published kaam parh leejiyay online

[@saimaahmed8759]

@@asgharkhanutmankhel9468 Mera published kaam parh leejiyay online

[@saimaahmed8759]

Pakistani Muslim mardon ki AKSARIYAT parhtee likhtee naheen, bus khaali kartoos ki talaash mein rehtee hai...Aurtein hamari ziyada bahimmat aur baaghairat hain

[@saimaahmed8759]

AIK BAAT AUR: ISLAMIC Economics Ka dhair saara literature aik taraf, aur Mera UNIQUE kaam doosri taraf, aap please Mera PUBLISHED kaam parheeyay, Jo mein nay aapki previous video Kay neechay mention kar diya hai

[@mehmoodanjum2413]

Farooq Sb, pls listen again Dr. Sb he never said that slavery was supported or liked by Islam but he is just saying what is in the history of Islam. Pls don't give commits like this against him. Pls if a great scholar is in Pakistan & providing good education in free to people pls let him do. It's very important for this society for development. Pls think before giving commits. Dr. Sb is a great person revealed difficult knowledge in a simple way for common people. Gob bless Dr. Sb. Ameen

[@ctscan3088]

Wonderful lectures, thank you janab, I've been to Grinell, have a few friends there.

[@ghazanhussain2070]

Zabardast arguments hain

[@journalist_Musanna]

Sir lajawab topic hai ,sound quality improve kijiye Please

[@sajidmehdi1746]

Good job. Positive thoughts with criticism.

[@int.peacesociety]

بس سانس جو ھن لیتے ھیں اس پر ٹیکس کیسے لگایبا جباے اس پہ غور ھورھاھے

[@hamzaaslam1999]

Kal ka lecture waaqai buhat accha tha❤️❤️

[@ynyn212]

Can you do an English version of your talks? Thank you!

[@sajeelfahim]

At the zero rate of interest...we could...reach...a kind of golden age' - Paul Samuelson

[@waseemrasheed2367]

👏👏👏👏👏👍👍👍👍👍 Well done sir great practical lecture

[@Farooq_Tv]

ایسا کوئی بھی نہی جو یہ کہتا ہو کہ غلامی اگر اسلام میں جائز تھی تو اج بھی جائز کر دینی چاہیے۔یہ صرف آپ کا مفروضہ ہے شدت پسند یا روایت پسندوں کے حوالے سے۔

[@mahnazqaiser3371]

You give me hope for this country.And I'm an eternal pessimist.

[@islamicinfo2265]

Got your point sir.But political and economic system infuence eachother then how can we enforce different political philosophy on different economy?

[@sajawalali4208]

I impress good explanation

[@shaha8783]

آپ کی کوشش اچھی ہے 👍

[@Iqbalpsx]

Great effort.

[@kforkarachi6651]

Certainly with the passage of time, we learn more and more which results in technological advancement. Your point of view that by using advanced modes of production we will prosper is correct and logical because efficient utilization of resources is possible only by adoption of technology and new modes of production. When and where Islam prohibts to use new technology and efficient modes of production rather Quran repeatedly asks to ponder on the Universe. The Islamic Economic principles are applicable to every period of time / each and every era whatever the status and level of technological advancement.

[@szuberi]

What islamic economic principles you speak of? Can you elaborate specifics?

[@kforkarachi6651]

@@szuberi I have mentioned few Islamic Economic Principles in comments of Dr. Taimur Rehman's vedio lecture " Islamic Economic System?". I think it would be better if you may study Quran with translation (English / Urdu) to ascertain Islamic Economic principles.

[@szuberi]

@@kforkarachi6651 so you just assumed that I have not studied the quran and/or I did study but was not able to understand the economic principles? No muslim country has an islamic economic system in place and that is why, it is considered completely Utopian. More like a mirage. Islamic system will require non muslims to pay jizya tax. Tell me one islamic scholar or sect who stands against such an unfair tax????

[@kforkarachi6651]

@@szuberi If Muslim rulers have not implemented Islamic Economic System then it is their weakness.

[@szuberi]

@@kforkarachi6651 what good is a system that can never be implemented? Sorry but you can't just throw a bookish system out there and call it the best. It needs to show provable results.

[@amjadsiddique7019]

Well put Thank you

[@faizanasadiqbal6200]

Sir, kindly light your views on currency Crisis

[@ultraali453]

37:10 I agree with your thesis. However, if you look at the crime and corruption rates in developed countries vs developing countries (like our own), you'll also see a correlation there. In the end, this might also have to do with technology and economics. I just thought it was ironic how we seem to be losing on both fronts, despite having a majority that actually believes in their "better/best moral system".

[@bilalmirz9666]

I have been following you from mooro's podcast. Your lectures are very informative. I appreciate them. All our childhood we have been told that Islam or Quran is a complete code of life for people of every generations and ages which is kind of contradicting to your lecture. My questions is that if advance method of productions, more warriors, more money and power is more important than moral values or Ikhlaaqi qadrain then how Few warriors of Prophet SAW gradually conquered all Arabia and even more land without having all of those things you mentioned about?? As I read in a history in some wars Muslims had far less quantity of warriors as well as wealth as compared to enemy.

[@prodigalgamerz8568]

you are trying to say that Muhammad was divine because he won some battles with numbers less than his enemies. This point that Muslims make to validate their religion is totally shit. Because History is filled wtih examples where fewer Men have dominated much larger forces. Study the examples of Franchesco Pizzaro and Harnando Cortez. They conquered vast Empires with numbers even less than your Prophet. Robert Clive defeated Nawab Siraj UD Dula, When Nawab had much much larger army. The principle of Victory in Warfare lies in the element of Surprise, having a unified command and an organized army. Now don't speak this shit anywhere else. Crusaders conquered Jerusalem from Muslims in 1st Crusade in I think 1099. They also say that Christians defeated Muslims in that battlefield because Angels were fighting with the crusader army. You shit people don't study anything then start rubbing your ass at every cock you can find

[@kinderjoy278]

Just look at the current state of our world, all the major world powers are secular countries because they prioritized their advancement in science and other fields instead of religious morals.

[@qinshihuang7576]

That's because Dr sahib has a very shallow knowledge of Islamic Economic System. And most of the Muslims have shallow or no knowledge about Islamic Economic System.

[@qinshihuang7576]

All the solutions provided by both Socialist and Capitalist revolve around tech, techniques etc but those techs and techniques can also be applied with Islamic system. What we need to understand is the essence of these systems and the problems within them

[@qinshihuang7576]

Socialism is very bad when it comes to wealth creation because those who will produce more wealth for example factory owners etc will stop doing so when they see a huge chunk of their wealth being confiscated by the state. While in Capitalism the main problem is wealth distribution. So the main thing we need to do is to create a balance between wealth distribution, wealth protection and wealth creation. So the wealth creation never stops and the wealth circulates within the economy and the state protects the wealth

[@basitrauf6193]

principle derived islam ... i agree you

[@mdsahil9847]

Very good video sir.

[@imtiazahmedkhan7996]

Economics stands on diminishing utility curve which is not related to society but the person as an individual

[@Farooq_Tv]

سر ہم اپ کی قدر کرتے ہیں۔ سلسلہ جاری رکھیں

[@SajjadAhmed]

If I'm not wrong, according to Quran Allah holds the right to increase or lessen the Rizq (Economy). Every Muslim believes in this idealistic approach but on the contrary every Muslim is believing in working to get something or increase in Economy. It is true that idealistic thinking is not being applied in the original circumstances. God bless you.

[@washimraja3061]

Excellent

[@shortlecturesofdrisrarahme1436]

Orr Dr israr ki book Islamic economic system paraa AGR too ap naa real maa jananaa ha

[@hassanhamza5614]

Excellent!!!!!

[@altafdurrani3659]

Good lecture! I have very little knowledge of economics but here is my 2 cents. Agreed that islam does not have all the components to form a complete modern economic system but it does have some defined results that an economic system (acceptable to islam) must ensure. Such as elimination of interest, welfare of the poor, free justice, payment of zakaat etc. Establishing a basis for the currency is another aspect that has to be met. Today's speculative and underhanded deals that determine the value of currency are not acceptable in islam. The bottom line is that our economists and ulema need to sit down and come up with an economic system that meets the Islamic requirements.

[@szuberi]

Ribaa is not interest so perhaps first get that clear. This is why the video calls the islamic modernists as utopian. They do not know the basics of money and yet they suggest this is haraam that is haraam.

[@saimaahmed8759]

I have spent 25 years working on this topic, Alhamdulillah, and I request you to kindly look at my work for an alternate perspective. Kindly google my name in double quotes as "Saima Akbar Ahmed" and read my work which is online. I want you to esp look at these three main research paper/ articles: 1) Global Need for a New Concept -- Islamic Economics 2) Challenging the IBF Model (published as a three-part article in Business Recorder 3) Towards a Sustainable Financial System (published in Daily Times) . Would appreciate any of your feedback on the above. Technological evolution is something that can actually help implement this system today!

[@adnanraza6670]

@@szuberi please salman if riba is not interest what is it answer here

[@altafdurrani3659]

I think when we talk about islamic economic system, we are in a vicious circle. Before establishing an Islamic economic system you need to establish Islamic khilafa and before that you need to have enough physical power to make khilafa happen and to have physical power you need to be economically successful and for that you need to fully participate in the current capitalist system. And a regime and a nation fully immersed and successful in a capitalist system will never want an Islamic khilafa or economic system. Khalaas!!

[@szuberi]

@Fan of Deng Xiaoping from Pakistan🇵🇰 no such law exists anywhere in any of the scriptures because at the time, the modes of banking and business you refer to simply do not exist with this level of sophistication. This is all an interpretation based on what some clerics understood it as such. RIBAA in the Quran is opposite to BAEEE, which means trade so RIBAA is excessive profit making like loan sharking or profiteering from a disaster or calamity. The islamic banking is a joke. Interest is the cost of capital, like wages is the cost of labor. Without interest, money can not grow and this is why, the islamic banking system can not help muslims become better off financially. EVER.

[@shaguftaahmad11]

I don’t think you can compare economic laws with the laws of physics such as that of gravity. Economic laws are man made and are impacted by human behavior and decisions. This is why they need a moral umbrella and must be created and evaluated within the realm of ethics.

[@TheSdzfr]

Thankyou, very informative lecture, but then there are few questions: 1. Economy is never away from the Finance, so how does Inflation correlate with Debt. Say I give you Rs. 200, which is worth 120 g Spinach at the time but when you return it is 100 g Spinach. But according to Islam Interest is Haram. So how can these discepencies be countered? Can Islamic economic views (which I don't consider as a full fledged model) compensate the debt and inflation without putting up interest? 2. In the advanced means of Protein production, Is Mushroom or Algae Halal? Islam says nothing about the two but many modern Olema say Halal and Haram on it. If a country ans eating Mushroom or consuming Microalgae, then definitely they will be lagging behind in modern Biotechnological era, so how does Islamic law correspond on it. What will be the right way according to you? 3. Petrol is extracted from ground, but if I burn it (not when necessary: say I have metro connectivity in my city, I still take my own car), this way I am running an economy by buying more of it and also wasting an exhaustible source, and polluting unnecessarily. So how do Islam as a way of life, Socialism, Capitalism and Communism correpond to this question of wastage of resources.

[@muhammadwaleed2830]

It's off to the mark question...Sir How many books have you read so far?

[@virgostar6559]

Well done, sir

[@mellownuance]

Sir, whattay lecture 👏. A few questions. - The debate between reason and revelation in muslim world surfaced in 12th century, Ibne Rushd, Abu ali Sina vs Ghazali. It’s never ended why? Why hasn’t history decided on it yet? Or why hasn’t the muslim world learnt it yet? Your thoughts? Any thinker who has given a thorough response to this? - How does democracy plays a role in the mix of modes of production, technology and ethics? Don’t you think democracy too is a product of technology?

[@iq2823]

Have you gone through Human History ever? If not, go through it not by studying or remembering the years and events rather circumstances, social behaviours and skills etc. To cut it short: Yes, Democracy is a product of Technology? Now, your question is How? Don't go too far, just read and study history from 1600 to 1778. It was the time when Scientist and Rationalist fought against Religion [Church] for 178 years to pull out the impact of Religion from their lives. For example: Galileo who was house arrested for 10 years from 1632 to 1642 and ultimately died in prison was the first inspired, persuaded and provoked other scientist and rationalist to fight against religion. Further: 1610: Dr. Bonham's Case decided that "in many cases, the common law will control Acts of Parliament". 1619: The Virginia House of Burgesses, the first representative legislative body in the New World, is established. 1628: During a period of renewed interest in Magna Carta,[94] the Petition of Right was passed by the Parliament of England. | | | 1776: Virginia Declaration of Rights is published; the American Declaration of Independence proclaims that "All men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness." And in the period 1760 to 1830 the Industrial Revolution was largely confined to Britain. Now you can compare the years of Democracy 1776 (modern democracy) and Industrialization (1760 to onwards) are almost same. Very simple: In today's world you can analyze the circumstances, systems from your real life are much impacted by Technology, If I say instead, Human is utmost slave of technology these days. It won't be wrong. And how it has changed the whole world i.e. Hybrid Warfare have really changed the world's systems. For example: Now countries are not much interested in Wars and the the countries hires Private security companies to fight wars. For example: In Afghanistan, UK removed all his army soldiers and hired private security personnel at the amount of 200 US$ per day. Even most of the armies don't use Tanks in the wars rather Drones. And interestingly enough, the same practice was applied in Saudi and Yemen War. Saudis send very few of their soldiers and when the situation got critical they hired Sudanese on 100 US$ per day to fight for Saudi. How technology can create impact on Human Lives? You can see around and draw a conclusion on it. See how technology have really changes the facet of our lives? We can make or break our social relations on Social Medias. We don't care real Humans, Even we don't want to talk to our parents, our siblings, friends (even technology has changed the definition and meaning of the word friend) and every one around. We even don't want to talk to our Parents, we don't want to sit with them. We just need our privacy. Isn't it??? And now Democracy is in danger as Industrialization is almost over and the next era is Artificial Intelligence is here. Let's see what system will be going to emerge! Let's hope for the best!

[@msaqib12321]

Your first question reminds me of an incident at the Treaty of Hudaibia. (Reason:) Umar r.a. didn't like this treaty because he thought that Muslims were on the upper hand and they shouldn't make this treaty. But, (Revelation:) Abu Bakr r.a. told him that the person signing this treaty is the Messenger of ALLAH. Upon hearing this, Umar r.a. took the step back from his reason or logic. This is a classic example of what needs to be followed in Islam; reason or revelation. Why this debate hasn't ended? My thinking on this is that, as you mentioned Bu Ali Sina, his era was the science era possibly. Science has one big question which is "why?". They put this "why?" into Islamic revelations. Science didn't end, so did the question.

[@NaseerAhmad-hw6kr]

Intelligently explained

[@Mustafashahidktk101]

Brilliant...

[@wasim909]

U always brilliant sir

[@TALAYAGAR]

Brilliant

[@MuhammadBilal-vw8tj]

Hi Dr. Taimor I see there is a lot of books on your back Please make videos on books Recommends books And I want to join Mazdoor Kasan party M.Bilal Islamabad

[@sajidshafique709]

People who will do high skilled job in public sector definitely get good salaries and will develop good reserves for them. So they will invest that in some where , may be in land or business. In the long run, are they not again lead to capitalism in the end.

[@salmannasir9286]

Well explained sir

[@biker1581]

Question: With intellectual property concentrated with a handful of privately owned companies, what hope is there for working class to be agent of change, take control and move towards a socialist system? Only big corporates seem to have resources to finance R&D and they own the IP of new technologies.

[@faraizmoin]

ڈاکٹر صاحب میں مارکسزم کے بارے میں جاننا چاہتے ہوں لیکن کتاب کے ذریعے کیا آپ بتا سکتے ہیں کہ کارل مارکس نے قل کتنی کتابیں لکھی ہیں اور کتنی کتابیں اردو میں ترجمعہ ہو چکی ہیں۔

[@Aliphbay]

More on it sir. Current economics is not giving a really good solution it has its flaws. Could we improve it. Can Islamic moral values help to fix it.

[@saimaahmed8759]

Isee type ki cheezain hain Meray paper aur articles mein :)

[@roohulamin1755]

Zberdstttt

[@UETLHRCED15]

amazing 💯

[@ahmedsadeed370]

I have a philosophical question... If we are not judging previous form of property system and societal relationship....then should reparations schemes like reservations to the disadvantaged group like blacks in US and Dalits in India exist now ....?

[@RoseEnglishLanguageAcademy]

Sir means of production change ho tu ikhlaqiyat ka change hona lazim hoga ky nhi?

[@PoliticsTube]

مجھے زیادہ تو نہیں پتہ لیکن اسلامی بینکاری سسٹم میں مشارکہ اور مضاربہ ہوتا ہے۔

[@babarazam900]

Sir do pakistan need social revolution or political revolution?

[@nomankakakhel668]

Well Islamic System is more about certain prohibitions and any system would work when those principles are followed.

[@whiteholeeducationcenter]

Islamic economic system is based on honesty in dealing. Now you can take any system either sociolist or Capitalistic and do business with lslamic principles of honestly and truthfulness

[@szuberi]

That does not make a system islamic however. Honesty is just a human trait and is a default requirement for any transactional activity to be successful, whether personal or business.

[@sohailahmad5917]

آپ کی کوشش کو سرخ سلام🚩

[@msaqib12321]

Taimur sb, I think you should rephrase the word "economic policies of Islam" (that you used in contrast with "economic system") with "economic principles of Islam". Policies do change but principles do not. Principles are applicable in any era.

[@omurfaruq1130]

Sir... Is slavery fully banned in the present world?? I think labour of a person should be considered as his property. And selling labour means working as a slave for a while.

[@Syychro]

A slave is not a slave because he works. A slave is a slave because someone owns him and everything he produces for his whole life. Including his children. A slave is a legal category.

[@omurfaruq1130]

@@Syychro I'm not talking about the traditional definition of 'Slave'. My point was...working in a company for a certain time also falls into a form of slavery.

[@CoolWinter]

@@omurfaruq1130 no because a person CHOOSES to work for that company on his own will but a slave CANNOT CHOOSE that CHOICE is a main thing that differs a slave from a wage labor or worker

[@omurfaruq1130]

@@CoolWinter May be you r right...but I'm not convinced with these reasons.

[@CoolWinter]

@@omurfaruq1130 what is a slave in your opinion??

[@hashimthakur4746]

Good job sir

[@sharjeeljawaid]

Legal slavery may have ended however slavery still exists in several parts of the world. One example is the Middle East where expatriates are slaves even the white color workers.

[@khalidmustafa7844]

If someone walks in to Lincoln s inn in london today he will witness ,in their prestigious lobby ,a list of hundred most influential personalities ever walked this planet .At no 1 is prophet Muhammed PBUH and at no 3 is umer bin khattab .Now why is umer bin khattab is in top three is not for religious reasons ,it is some contribution that covers every aspect of today s economics .The management of Lincoln s inn have valid reasons to put his name up there

[@saimaahmed8759]

Wow! ISS list ki video daalnee chaheeyay kisi ko KZbin par...aap kar saktay hain? Never knew Hazrat Umar's name was there too!

[@Hassan-fi7ry]

The results of our completely ridiculous education system and broken culture are clearly visible in this comment. This man knows how to read, write, a foreign language and can use KZbin but his goal in life is to defend his religion, without caring for facts. Facts (or fake facts) are just useful things that he can throw at people who question his beliefs. He has no interest in facts. His elders taught him his faith this way because they learned it the same way too. Deeply insecure society, a waste of all our brains and potential. Even if some white British people had Umars name on their stupid institutes imaginary list, why do you care? Do they defend their religions by saying look Pakistanis teach Newton in all their schools? Insecure people.

[@WafiqRaza]

Sir, How Socialisms deals with ribah?

[@Taimur_Laal]

Abolishes it.