Muslim Financial Management

[caburiye1]

I think the Muslims in the world are so rich that we can if we distribute it right and Manage it right, we can Eliminate hunger and suffering in the Muslim Countries.

If the Wealth in the Arab countries is equally shared to Muslims, It can be enough to Eliminate suffering in poor Muslim Countries.

Rank Country GDP (millions of USD) 2010
- World 61,963,429
- Arab League 1,903,301
1 Saudi Arabia 434,440
2 United Arab Emirates 239,650
3 Egypt 216,830
4 Algeria 158,969
5 Qatar 126,518
6 Kuwait 117,316
7 Morocco 91,702
8 Iraq 84,136
9 Libya 77,912
10 Sudan 65,930
11 Syria 59,633
12 Oman 53,782
13 Tunisia 43,863
14 Lebanon 39,149
15 Yemen 30,023
16 Jordan 27,129
17 Bahrain 21,733
18 Palestinian territories 6,641
19 Mauritania 3,486
20 Somalia 2,372
21 Djibouti 1,139
22 Comoros 557

[Oxidant]

What wealth? Oil wealth isn’t really wealth in a sense. It basically means you are dependent on the consumption from others for your natural resources which you have absolute no control over. You can boom and bust within a couple of months depending on the financial health of other economics.

All countries in the list don’t produce anything worth mentioning and all neither have quality educational institutions. There is not internal economy and unemployment and inflation is rampant in numerous countries you have listed. All countries have severe economic structural problems

Also, no one should share the wealth around. No such thing as a free lunch. Everyone must earn their living and offer something to someone else. Charity and AID in the long run can hamper development and kill off the incentive for self development. There should be a push towards greater economic integration along with easier laws supporting FDI among Muslim economies

[globetrotter2]

ahaha... muslim wealth?? says who? the wealth might have originated from the middle east (it is questionable whether it is muslim) but it is doing great work in NY, London, Frankfurt and Tokyo stock exchanges and financial houses.


Only stupid somalis see capital as having a religion

[union]

Even our fellow Somalis from Puntland are vowing not to share with us a dime, what makes you think foreign Muslims will want to distribute their wealth?

[Executive]

ahaha... muslim wealth?? says who? the wealth might have originated from the middle east (it is questionable whether it is muslim) but it is doing great work in NY, London, Frankfurt and Tokyo stock exchanges and financial houses.


Only stupid somalis see capital as having a religion

Muslim wealth does not mean that the wealth belongs to a faith. It means that the wealth belongs to followers of Al-Islam.

[globetrotter2]

ahaha... muslim wealth?? says who? the wealth might have originated from the middle east (it is questionable whether it is muslim) but it is doing great work in NY, London, Frankfurt and Tokyo stock exchanges and financial houses.


Only stupid somalis see capital as having a religion

Muslim wealth does not mean that the wealth belongs to a faith. It means that the wealth belongs to followers of Al-Islam.

What difference does it make??? Capital is placesless and faithless.

[Executive]

Muslim wealth does not mean that the wealth belongs to a faith. It means that the wealth belongs to followers of Al-Islam.

What difference does it make??? Capital is placesless and faithless.

Subxanallah, are you just playing stupid? This has nothing to do with places or faith. The topic poster was refering to ownership. Muslim wealth means the wealth is owned by Muslims.

[globetrotter2]

Muslim wealth does not mean that the wealth belongs to a faith. It means that the wealth belongs to followers of Al-Islam.

What difference does it make??? Capital is placesless and faithless.

Subxanallah, are you just playing stupid? This has nothing to do with places or faith. The topic poster was refering to ownership. Muslim wealth means the wealth is owned by Muslims.

Einstein; let me respond to you :

Faith is something that is private; in islam it is between you and Allah. There is no muslim wealth. There is no owned by. The postar was refering to arab oil which is traded in the west