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The American property market started its downfall towards the end of 2007 and continued to go down for two years This represented a risk for the world economy as a whole.
A great manifestation of Allah’s wisdom and mercy upon his creatures, that he never leaves them abandoned and lost, in contrast he guides them to their best and wellbeing. But many people have left behind Allah’s teachings and followed their own wills. And today the world is going through major crises obliging wise persons to look up for the real reasons in order to find a real cure.
What we need to understand is that Islamic economy is based on principles that are completely different from the basis of the world market. The world money market is based on profit, while Islamic economy aims at ensuring and maintaining man’s progress.