Explanation and Miracle

Explanation and Miracle Those who believe in the unseen and establish prayer, and spend of what We have provided for them. There are many verses linking between faith and alimony for the sake of God in all its forms, because alimony for the sake of God is an integral part of the principles of the religion of Islam, the religion of mercy (We sent you only as a mercy to the worlds (O Prophets: 107) and because alimony is an integral part of the just Islamic economy, which is based on a pivotal dualism and a strategy linked to the two axes of imposing Zakat and prohibiting usury. And spending in society of all kinds has taken many applications in the provisions of the Sharia, such as the legislation of Zakat and other rights in money in life, and the legislation of inheritance and will after death, and the legislation of contracts transferring ownership, and encourage consumption without waste by answering or attracting a number of expenses, and facilitate transactions and forgiveness in them, and prevent monopoly and others. The miracle: Islamic economy is based in the development process on two main sectors in economic construction, the mutual profit sector and the non-profit sector (charitable/social) In the twenty-first century, it has become clear that traditional economic systems, whether socialist or capitalist, face daunting challenges in achieving justice and sustainability. New economic models are urgently needed that take into account lessons learned from past failures, promote social justice, preserve the environment, and ensure broader participation of individuals in the global economy. Points that highlight the challenges and consequences: The Collapse of the Socialist System: Lack of individual incentives: One of the main reasons for the collapse of the socialist system was the absence of individual incentives for creativity and production. When individual ownership is restricted and the economy is centrally steered, individuals lose motivation to improve their performance or innovate, leading to an economic recession. Bureaucracy and corruption: Excessive bureaucracy in socialist regimes led to rampant corruption, as economic decisions were made by a small elite without sufficient consideration for the needs of society. Failure to achieve social solidarity: Although socialism aims to achieve social justice, the absence of voluntary solidarity has resulted in individuals' complete dependence on the state, weakening the spirit of social responsibility. 2. Repeated crises of the capitalist system: Economic Inequality: The capitalist system, despite its success in achieving economic growth, has exacerbated the gap between rich and poor. The monopoly of wealth by a few large individuals and corporations has led to the marginalization of the middle and poor classes. Global financial crises: The world has witnessed several major financial crises in the 21st century, such as the 2008 financial crisis, which revealed the fragility of the capitalist system and its excessive reliance on unsupported financial speculation for real value. Environmental impact: The capitalist system, with its focus on short-term profits, has led to depletion of natural resources and environmental degradation, threatening the long-term future of humanity. 3. Common challenges between the two systems: Inequitable distribution of wealth: Both systems failed to achieve a fair distribution of wealth, whether through central planning in socialism or through market mechanisms in capitalism. Political tyranny: Often, both regimes have accompanied authoritarian political systems, where economic power has been used to strengthen political control, resulting in the suppression of individual freedoms and human rights. 4. Possible Alternatives: Solidarity Economy: Solidarity economy can be seen as an alternative based on cooperatives and community projects aimed at achieving social justice without eliminating individual incentives. Green economy: With growing awareness of environmental challenges, a shift towards a green economy can be a solution to balancing economic growth with environmental preservation. Capitalist reforms: Reforms to the capitalist system can be introduced to promote social justice, such as progressive wealth taxes, support for small and medium enterprises, and enhanced social protection. 5. The global role in achieving economic justice: International cooperation: In an era of globalization, it has become necessary to strengthen international cooperation to address global economic challenges such as poverty, inequality and climate change. Reform of international financial institutions: International financial institutions such as the International Monetary Fund and the World Bank need reforms to become more inclusive and equitable in their dealings with developing countries. 6. The role of technology in reshaping the economy: Digital Economy: As technology evolves, the digital economy can become a tool to promote financial inclusion and enable individuals to participate in the global economy. — Source: Published on Dr. Mohamed Bourbab's Facebook page on 2025-03-14 https://www.facebook.com/bourbab.m/posts/pfbid0cb2cDuGFyXWp3FKtSeoLL4S27971LyTUmkW23ejTgW9qzxZg7rkgW4B9cZfGeSAEl