ASK 153

In this clip Dr Israr Ahmed explains that Islam’s economic system is based on two models: Shirakat (shared work and investment) and Mudarabat (one invests, the other works). Islam opposes feudalism and considers all conquered land as communal property. He critiques modern capitalist systems for concentrating wealth and power in a few hands. These systems, influenced by Western and Jewish ideas, are un-Islamic. Dr. Israr emphasizes that true economic reform requires a complete revolution, not gradual changes.