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The question

What is your comment on the current financial crisis?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The current global financial crisis, which has ravaged banks and institutions and caused trillions of dollars to evaporate, is evidence of the failure of the Western economy built upon injustice and usury. It is a war from Allah against the people of usury, destroying their wealth and blessings. This crisis demonstrates Allah's wisdom in prohibiting usury and financial taboos, exposes the shortcomings of capitalist systems, and highlights the necessity of separating economics from Islam. It is also an opportunity to advocate for the Islamic economic system, and it reveals the weakness of humans, their attachment to money, and the fleeting nature of this world. It affirms that healing cannot be found in what Allah has forbidden, and that the consequences of injustice and arrogance are dire.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
17410
Imported
Translation status
Source text, unreviewed
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