millennium-wisdom
millennium-wisdom t1_j7omp7w wrote
If it not going to Morocco then better give it to Greece, Egypt and Saudi Arabia
millennium-wisdom t1_j6j8z8n wrote
They need to host the next World Cup
millennium-wisdom t1_j2ey3d7 wrote
Reply to comment by Neato_Orpheus in Saudi Arabia Takes Control of AR Pioneer Magic Leap in $450 Million Deal (Report) by LegitVirusSN
Why bring religion to economics?
millennium-wisdom t1_j2d1kre wrote
Reply to comment by Neato_Orpheus in Saudi Arabia Takes Control of AR Pioneer Magic Leap in $450 Million Deal (Report) by LegitVirusSN
The Arabian civilization were the first capitalist society. They invented capitalism.
Muhammad ﷺ was the first Capitalist
Here are eleven basic principles set by him.
1 The Prophet ﷺ set up a market for the people, not controlled by the state.
2 He ﷺ did not tax it.
3 He ﷺ "was going to set prices, but determined that prices are in the hands of Allah."
4 People can own wealth, land, & the means of production.
5 The ruler has no rights over people's wealth (this hugely limits the ability to levy taxes).
6 The primary concern of the ruler, as per Sayyidna Umar, is "the stomachs of the poor."
7 Wealth sitting idle for a year is to be given to the poor at a rate of 2.5%.
8 Money-lending is an unlawful industry when the loan results in an increased return for the lender.
9 Finance requires partnership.
10 Wealth is better from the aspect of helping others: advancing the deen, supporting the needy, not having to ask people for money.
11 Poverty is better for one's own individual soul, based on the hadith, "You will conquer Persian & Byzantium and have one dress for the morning and another one in the evening.
See. Early Islam and the Birth of Capitalism Book by Benedikt Koehler
Egyptian invented lots of things. Off my head all musical instruments, the calendar alchemy.
millennium-wisdom t1_j28bigl wrote
Reply to comment by Neato_Orpheus in Saudi Arabia Takes Control of AR Pioneer Magic Leap in $450 Million Deal (Report) by LegitVirusSN
All were ruled by “ repressive authoritarian “ kings, Emprar, caliph and sultans and were able to innovate and produce products that the Europeans sought. I suggest you read about the Silk Road
millennium-wisdom t1_j27yv6f wrote
Reply to comment by Neato_Orpheus in Saudi Arabia Takes Control of AR Pioneer Magic Leap in $450 Million Deal (Report) by LegitVirusSN
Indian, Chinese, Egyptian, Arab and Islamic civilizations
millennium-wisdom t1_iugsqsc wrote
Reply to comment by bertiebasit in Saudi Arabia reports divorce cases every Ten minutes in This Year - ProfessPost by Sofie-Forsberggg
Divorce is easy in Islam.
millennium-wisdom t1_j7omt94 wrote
Reply to comment by bk27465 in The secret Saudi plan to buy the World Cup by nolesfan2011
Because Qatar just hosted the World Cup.