Hizb ut Tahrir/ Wilayah Turkey: Istanbul Conference, "Islamic Solutions to the Economic Crisis in Ten Points!"

The United States Congress recently approved a $777.7bn defense budget, a five percent increase from last year. This move came after they pulled the last American troops out of Afghanistan and was justified as a way of dealing with the intensifying competition with China. (Al Jazeera) The budget approval had bipartisan support and supports the USA’s current stance that China poses a significant threat to its global supremacy.

The immense concentration of wealth under the current capitalist world order has now reached intolerable levels. The World Inequality Report 2022 from the Paris-based World Inequality Lab stated that, “The share of the bottom 50% of the world in total global wealth is 2%... while the share of the top 10% is 76%.”

The Noble Quran has the characteristic of i’jaaz (miracle). The root in Arabic relates to ʿajaza (incapability) meaning human beings are incapable of imitating or reproducing the like of it. It is the confirming evidence granted to the Final Messenger and Prophet (saw), as an authentication of his Message. When applied to the Quran, the word iʿjaz refers to the divinely unique and humanly inimitable quality of the composition of…