The Collapse of the Monetarist Society, Part Three, by Shaykh Dr. Abdalqadir as-Sufi

Usury. The monetarist society is one based on usury. It is a society of usurers. That means, alas, all of us within the financial system now globally established. Recently, we were shown on TV a remote Amazon tribe previously unknown to the Brazilian government. When they saw the small ‘plane fly over them, they rushed into the jungle. They returned and fired arrows and spears at the ‘plane to drive it away. These were the last human beings on the planet, in what we name as Fitra, driving off the usurer sub-humans – us.

The foundation of modernist atheism lies not in a metaphysical construct which declares that man does not ‘need’ the idea of Divinity – it lies in the embracing of usury as no longer forbidden, but necessary. In a limited and finite world the modern men declared that increase in the exchange was not only permitted but theoretically without limits. Atheism has to precede usury.

The Divine Creator affirms His reality by the confirmation that since nothing is associated with Him, everything in existence, that is creation, is other-than-Him, thus is in-time, has form and limits. It is because of the limit nature of the universe, that an exchange system that admits of the theory that increase can function when what is at hand is limited, must be forbidden.

Now that, as I had only the week before demonstrated, the monetarist system has in effect collapsed, its theoretical foundations cannot sustain rational critique, cannot pretend that ‘business’ can continue using these instruments, institutions and protocols. However, the fundamental principle – usury – is not, apparently cannot, be confronted, let alone abolished.

It is for us to determine whether we can claw back the moral power to put an end to the monetarist (money ex nihilo) practice and re-establish a real-value exchange system in place of a fantasy numbers system.

In reporting the USA banking disaster one economist ruefully admitted, “Since the 700 billion may not be paid back under a couple of decades it must be understood that, given the interest due at the end of that time, the debt may be a non-number, since we will have no digital command over the calculation, no name for such a vast number.”

To read the full article visit:

http://www.shaykhabdalqadir.com/content/articles/Art085_30092008.html

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Abdassamad Clarke is from Ulster and was formally educated at Edinburgh University in Mathematics and Physics. He accepted Islam at the hands of Shaykh Dr. Abdalqadir as-Sufi in 1973, and, at his suggestion, studied Arabic and tajwid and other Islamic sciences in Cairo for a period. In the 80s he was secretary to the imam of the Dublin Mosque, and in the early 90s one of the imams khatib of the Norwich Mosque, and again from 2002-2016. He has translated, edited and typeset a number of classical texts. He currently resides with his wife in Denmark and occasionally teaches there. 14 May, 2023 0:03

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