Friday, November 21, 2014

Tasaeer – Price Fixing !

 
 

New Islamic Coin based Currency System at Al-Dawlatal Islamiyyah, as was at the time or Prophet (saws), buying a Goat in Rasulullah's (saws) time was 1 Dinar, today the price of a Goat set is still 1 Dinar. No inflation!
NEWS CONFIRMATION: www.5pillarz.com/2014/11/14/isis-to-launch-coin-based-dinar-currency/


Tasaeer or price fixing is the ability by the person in authority upon the Muslims to force traders not to sell commodities within a specified price. This prevents them putting the price up or down.
This is prohibited in Islam due to the narration of Imam Ahmed about Anas (ra), he said ‘prices increased at time of the Prophet (saws) so they said
"Oh messenger of Allah, we wish you to price (fix the prices). He said ‘Indeed Allah is the Creator, the holder (Qabidh), the Open-handed (Basit), the Provider (Razzaq), the Pricer (who fixes prices); and I wish I will meet Allah and nobody demands (complains) of me any act did against him, not in blood or property.’"

This Hadith just shows that it is prohibited for a Muslim ruler or in authority to carry out this act and sinful if they carry it out. Any citizens living under the Islamic State has the right to complain to the court of Unjust Acts (Mahkamat Al Mathalem) against the person who puts down pricing.

The reality of pricing is a grave Haraam upon the nation under all circumstances, whether in war or peace. Causing the commodities to be possessed by only the rich and not the poor as in such cases around the world black market appear. The monopolizing of goods is an important part of the capitalist system. This allows them the price to be fixed as there is going to be demand for their product, at whatever price they desire. In Islam monopolizing in such a way is prohibited by Allah so the likelihood of poor people being denied the ability to own these goods is not stopped.
And as Allah says in Surah Imraan 3:180:
”And let those who are stingy, who withhold the gifts of Allah has given to them from his grace think that it is good for them. Rather it is worse for them that which they hoard will be their collar on the day of judgement. To Allah belongs the heritage of the heavens and earth and Allah is informed of what you do.”

The Price Fixing of certain commodities is just a tool for the West to allow its stranglehold on the markets around the world where distribution of certain goods are only found among the rich and where the poorer in society are dying on their feet due to the maal distribution of these commodities in the whole of the communities.

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