The financial crisis is not in the slightest bit surprising – Abu Bakr Rieger

By Another Muslim of Norwich

Sep 12th, 2009

Interview: Abu Bakr Rieger about money and the financial crisis
Abu Bakr Rieger
Mr Rieger, what do you say about the monumental financial crisis we are now witnessing?
I have to begin by saying that the financial crisis is, for myself as a Muslim, not in the slightest bit surprising. It is not the fault of a few greedy managers, rather it is a systemic crisis. Today’s economic model is based on what one might call the magical reproduction of money, which means we produce mountains of money which no longer has anything to back it, and at the same time we create an unbelievable, systematically growing debt, both nationally and globally. Anyone with just the slightest notion of interest and mathematics can calculate that this “contra naturum” system cannot function.

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5 Responses »

  1. I live in the UK where would I be able to purchase Dinar and Dirham from?

  2. There are moves afoot to set up outlets for the sale of dinars and dirhams here in Europe and particularly in the UK insha’Allah.

  3. But take a look at this too: http://news.bbc.co.uk/1/hi/programmes/the_daily_politics/8483213.stm

  4. Is there a contact in Indonesia where the dinar and dirham can be purchased.

    Ali
    http://www.MuslimClothing.com
    http://www.HalalBid.com

  5. Yes, in fact Indonesia is the world’s leader in this respect. See: http://wakalanusantara.com/

    Abdassamad

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