In these tumultuous times of financial fitna, the emergence of Central Bank Digital Currencies (CBDCs) poses a grave challenge to the maqasid al-Shariah and the principles of Islamic mu’amalat. As the Ummah navigates these trials, it is imperative that we seek guidance from the wisdom of our salaf as-salih and contemplate the barakah inherent in […]
G7’s Global Infrastructure Initiative: A Counter to China’s Belt and Road
At the recent G7 Summit, a significant initiative was announced: the “Partnership for Global Infrastructure and Investment” (PGII). This initiative represents a strategic effort to reshape global infrastructure investment and is seen as a direct counter to China’s extensive Belt and Road Initiative (BRI). What is the PGII? The PGII is a collaborative effort by […]
Britons Rush to Buy Gold as Tory Wipeout and Savings Account Threat Spook Savers
In the wake of recent political turmoil and growing concerns over the security of savings accounts, many Britons are increasingly turning to gold as a secure investment. The significant Tory wipeout has exacerbated economic uncertainties, prompting savers to seek out more stable assets. #### Rising Demand for Gold Gold has long been considered a […]
“Extra! Extra! Read all about it!” The U.S.-Saudi Petrodollar Pact Ends after 50 Years.
The long-standing petrodollar agreement between the United States and Saudi Arabia, a cornerstone of global economic relations since 1974, has come to an end after 50 years. This historic pact, forged in the aftermath of the Yom Kippur War and subsequent oil embargo, established the U.S. dollar as the primary currency for global oil […]
The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar.
In a world of financial intrigue and economic uncertainty, recent actions and subtle admissions from the Federal Reserve have sparked widespread speculation: Is gold, the age-old standard of wealth, quietly replacing the dollar as the linchpin of global finance? ### A Subtle Shift in Federal Reserve Policy Over the past year, keen observers have […]