Usury. The monetarist society
is one based on usury. It is a society of usurers. That means, alas, all of us
within the financial system now globally established. Recently, we were shown on
TV a remote Amazon tribe previously unknown to the Brazilian government. When
they saw the small ‘plane fly over them, they rushed into the jungle. They
returned and fired arrows and spears at the ‘plane to drive it away. These were
the last human beings on the planet, in what we name as Fitra, driving off the
usurer sub-humans – us.
The foundation of modernist
atheism lies not in a metaphysical construct which declares that man does not
‘need’ the idea of Divinity – it lies in the embracing of usury as no longer
forbidden, but necessary. In a limited and finite world the modern men declared
that increase in the exchange was not only permitted but theoretically without
limits. Atheism has to precede usury.
The Divine Creator affirms His
reality by the confirmation that since nothing is associated with Him,
everything in existence, that is creation, is other-than-Him, thus is in-time,
has form and limits. It is because of the limit nature of the universe, that an
exchange system that admits of the theory that increase can function when what
is at hand is limited, must be forbidden.
Now that, as I had only the
week before demonstrated, the monetarist system has in effect collapsed, its
theoretical foundations cannot sustain rational critique, cannot pretend that
‘business’ can continue using these instruments, institutions and protocols.
However, the fundamental principle – usury – is not, apparently cannot, be
confronted, let alone abolished.
It is for us to determine
whether we can claw back the moral power to put an end to the monetarist (money
ex nihilo) practice and re-establish a real-value exchange system in place of a
fantasy numbers system.
In reporting the USA banking
disaster one economist ruefully admitted, “Since the 700 billion may not be paid
back under a couple of decades it must be understood that, given the interest
due at the end of that time, the debt may be a non-number, since we will have no
digital command over the calculation, no name for such a vast number.”
In the light of this extreme
situation, on the edge of reason, mathematics, and sanity, the question has to
be asked: “Why did people, and indeed do people, live without grasping the
nature of the matter? Forget the kuffar – what happened to our ‘Umma, and what
happened to the Arab nation, once its heart?”
Ezra Pound in his master-work,
“The Cantos”, itself a great fresco outlining the impact of usury on society,
announced:
“In their souls was
usura and in their hearts cowardice
In their minds was stink and corruption”
In Canto 46 he upholds the
morality of the Founding Fathers of America over and against modern banking:
“......Mr Jefferson
met it: (i.e. hyper-usura)
‘No man hath natural right to exercise profession
of lender, save him who hath it to lend.’”
Pound grapples with this
question – the inability of people to grasp what usury means UNTIL it
collapses.
“Said Mr. RothSchild,
hell knows which Roth-schild
1861, ‘64 or there sometime, ‘Very few people
‘will understand this. Those who do will be occupied
‘getting profits. The general public will probably not
‘see it’s against their interest.’”
It was not unexpected that
Islam should awaken in Europe and America. Born into the usury elite world, we
had entered Islam because it clearly was the exit door from usury. It came as a
terrible disappointment to us when we realised that the self-styled ‘modernists’
in Islam were already those who saw that they could design a ‘new’ Islam which
permitted usury and the myth of Islamic Banking. To Jama’at al-Islamiyya and the
Ikhwan al-Muslimeen the necessary dynamic required of them was to be the same as
the “West”. Their fantasy was that “the West” was just “a know-how” which could
be acquired without taking on its behaviour and society. This inexcusable
ignorance that imagined that “technique” was simply a thing in itself and not a
complete life-pattern, led – on one hand to embracing every social modality of
the West – and on the other to a despairing nihilism of ‘resentment’ at not
having been invited to the party – one which led them to terror and suicide.
Jama’at al-Islamiyya
did not found an Islamic State.
It founded an Islamic Bank.
The Wahhabi regime of Arabia did not found an Islamic Dinar basis to
trade.
It accepted oil payments in dollars.
The Ikhwan al-Muslimeen did not establish the Islamic Shari‘at.
They became an underground terrorist movement.
At the time I entered Islam –
the Arabs were already on their way out – mid-twentieth century.
I witnessed the socialist
Egyptian masses at Nasser’s funeral, shouting in their millions a Shahada of
which the second part was, “Nasser Nur’allah!” Allah forgive us for even setting
it down!
It was only much later that it
became clear that when the Kings of Arabia denied Khalifate, on the instructions
of their political masters who had enthroned them, they had shattered the chain
of command on which an Islamic society was founded – that is, a Leader in whose
name the Jumu’a is celebrated, and by whom the fast and ‘Eids are determined,
and the Zakat Collectors are appointed. Very quietly the Third Pillar of Islam
was lowered to the ground, in its place came a voluntary personal gift. Zakat
was abolished.
The abolition of Zakat rent
asunder the Qur’anic Command which bonded together Salat and Zakat.
Look at the Divinely ordained
sequence on which the Deen is set up.
Amir – he commands the
appointed Collectors to collect the Zakat after assessing it.
Collectors – they in turn must
take from the Muslim they are taxing the gold and silver Dinar and Dirham – a
Sunna of Nabawiyyat. There can be no Zakat on pieces of paper, themselves
promissory notes.
The authority for this lies in
two Ayats of Ahkam, both in Surat at-Tawba. The Command to TAKE the
sadaqa is in 9:103:

“Take Zakat from their wealth
to purify and cleanse them
and pray for them.
Your prayers bring relief to them.
Allah is All-Hearing, All-Knowing.”
The authority for the
appointment of Collectors is in 9:60:

“Zakat is for:
the poor,
the destitute,
those who collect it,
reconciling people’s hearts,
freeing slaves,
those in debt,
spending in the Way of Allah,
and travellers.
It is a legal obligation from Allah.
Allah is All-Knowing, All-Wise.“