| Poll says ‘Islamic finance system’ Fri, 24 Oct 2008 11:16:41 GMT |
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An internet-based poll indicates Islamic financial system is viewed as best option for Muslims after current world economic crisis.
According to an internet poll conducted by Aljazeera TV’s Arabic language website, more than 84 percent of people preferred an Islamic finance system to the methods now in practice.
When asked which financial system, capitalism, socialism or Islamic, they would prefer once the current world economic crisis ends, 84.3 percent of the respondents chose the Islamic system. The results of the online survey indicate that only 5.2 percent of the respondents chose capitalism, while 6.5 percent favored a socialist outlook as the most efficient way to manage an economic system. A prominent Egyptian cleric recently said that Muslims should grab the opportunity provided by the global financial crisis to construct a system based on Islamic ideals. “We have our own economic philosophy and system, which others do not have,” Sheikh Yusuf al-Qaradawi said on October 14. The idea of implementing a financial system based on the principles of Islamic law – Shari’a – has been rising in popularity among Muslims everywhere.
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