We're never going to solve Islamic banking without going back to first principles and defining riba properly according to the Qur'an.

God has allowed trade and forbidden usury… (2:275)

So what is usury? Watch the video!


And afterwards, we will find that conventional banking, with the policies that are reasonably good and equitable, is already Islamic, without needing specific labels.
And there is no need to compel people to use it either because the right way is clear from error.
But it's really difficult to get people to do so.

Even Islamic Banking experts who know there is something definitely wrong with it – and prefer to use conventional banking – are still not willing to find out what the Qur'an is actually saying.
Everyone insists, instead, that we rely on the 7th-century man-made interpretations of the Qur'an – when there were no banking systems and financial policies, and force that interpretation on present-day systems.
God did not send his Guidance to burden you (22:78) and make things complicated - the general rule is to be equitable to everyone in all our dealings, return trusts to whoever owns them (4:58) and give fair measure in everything (6:152)
So people have worked out - in a consensus, using their intellect, conscience, and subject matter expertise - an equitable system whereby a reasonable cost of a loan is fair and acceptable to both parties.
This is what is recommended by the Qur'an, so the process and results are already "Islamic", and everyone – not just Muslims – will naturally use this system without coercion (2:256) or religious blackmail.

This is why most people and some Muslims use conventional banking.
And that is fair trade, and God has allowed trade and forbidden usury. But those who disbelieve (and consume usury) claim that trade is like usury (they say "interest is riba") (2:275)

So what is usury? watch the video!
On top of that, the few Muslims who can think and see through the facade of Islamic Banking, and prefer to use conventional banking
… probably feeling slightly guilty about it, are carrying a totally unnecessary burden of guilt.
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More from @SiriuslyCold

22 Jun
So there's this huge flood one day, and an entire town looks like it's going to be swallowed up by the waters. And the Police and Rescue Agencies are running all over the place trying to get people to safety.
So they send the rescue boat over to this house where a guy's sitting on the roof with the water lapping around his ankles and they say "Come on, quickly, there isn't much time"
To which he says "Nah, it's ok, God will provide"
About an hour later they're zooming past in the boat again and they notice the guy's still there, only the water's up to his waist... "Quick" they say, get in the boat, it's going to get worse before it gets better.
"Nah, don't worry - God will provide"
Read 5 tweets
18 May
Practical Solution from the Qur'an for the Palestinian.

The conflict that began after WW2 has not shown any signs of ending towards peace, but only continuous sufferings by both parties.

thread >
Unfortunately, it is the Palestinians who are receiving the biggest blow in this conflict while Israel continues to dominate through its systematic aggression and expansion activities.
Hamas, Fatah, PLO have all failed to offer practical solutions to the Palestinians but remained with the same approach that had never delivered practical solutions, while the Israelis continued to expand their territories.
Read 47 tweets
1 May
God says “Do good and I will reward you. Every deed, even as small as a mustard seed will be counted. I am the best accountant, trust me.”

Muslims do not trust God.

thread >
They trust those they have appointed associates of God, who tell them doing this gets you so many points, doing that gets you so many points... and if you'd do this on a certain day, night, or month, you get so many extra points.
God says “I will teach you, explain to you, and guide you if you ask for it. I have the truth and the best explanation, and you will not find a Guide better than Me”

Muslims do not trust God.
Read 6 tweets
29 Apr
Present-day Muslims who do not study history think that Quranists are a new movement.

However, the 𝘔𝘶'𝘵𝘢𝘻𝘪𝘭𝘪𝘵𝘦𝘴 (in the 8th century) and 𝘈𝘩𝘭 𝘢𝘭-𝘬𝘢𝘭𝘢̄𝘮 before them, were opponents of Imam Al-Shafi‘i ...

thread > The Mutazila and Ibn Hanbal
...and his principle that the final authority of Islam was the hadith of Muhammad, so that even the Qur'an was "to be interpreted in the light of [the hadith], and not vice versa."
𝘈𝘩𝘭 𝘢𝘭-𝘬𝘢𝘭𝘢̄𝘮 argued to the contrary, that the book of God was an explanation of everything (16:89), and that verses in the Qur'an ordering Muslims to obey the Messenger meant that Muslims should obey the Qur'an, which God had revealed through Muhammad.
Read 9 tweets
16 Apr
My New Year Message

Zaid Ibrahim (5 Jan 2020)

Malays say they are falling behind other ethnic groups in many fields. They seem to think that it is all because the non-Malays are in control of the economy and the country.
The solutions offered to them by their political and religious leaders are the same; they were told that they must unite and that they must follow the real teachings of their religion. It is the same advice given to them all these years since independence.
It did not work out to help the Malays and the poor. How much more unity can the Malays achieve, and how much more Islamic can they be?

I wish to offer the Malays a new practical solution to their problems.
Read 21 tweets
12 Apr
In the 1950s, 60s, 70s, and even 80s, we were closer towards developing a Malaysian identity. Much like what Singapore has successfully done.

Singaporeans (even the Chinese) are Singaporeans first.
Then in the late 70s, we were inflicted with the "religious" creep.

We also had the "ketuanan" creep.

In between, we had the "language" creeps.

Now after 40 years of all this creep, we are becoming a creepy nation. Full of creeps.
Sadly all the creeps are still going nowhere. As more and more time passes they are becoming more and more disenfranchised and removed from the real world.

They are becoming less and less relevant.

Why can't these folks just be normal human beings?
Read 6 tweets

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