On Wednesday 22nd July 2015, the Cadbury Research Library at the University of Birmingham announced their discovery of one of the oldest texts of the Qur’an in the world. After radiocarbon-dated testing which is said to be 95.4% accurate, research estimated the parchments to be from between 568 – 645 AD.
After the approval of the National Assembly on Wednesday 01/07/2015 of the budget of the current fiscal year (2015/2016) which is expected to show a deficit of 8.18 billion dinars. The Finance Minister stated in Al-Qabas Newspaper on 02/07/2015, "that the Government is considering issuing bonds as one of the different options for financing the budget deficit caused by falling oil prices.” He said, "going to the market and issuing bonds (or) Treasury bills, etc is possible this year”.
David Cameron has made yet another widely previewed speech about combating ‘extremism’ following a pledge for a full-blown UK offensive against ISIS targets in Syria and Iraq, saying he wants to “destroy the Caliphate in both countries”.
Question
Bismillah Ar-Rahman Ar-Raheem… As-Salaam Alaikum Wa Rahmatullah Wa Barakaatuhu
Please explain the meaning of what is mentioned below:
In the book The Economic System in Islam, it mentions the following statement regarding the State budget:
