TWO WHISTLE-BLOWINGS
TWO WHISTLE-BLOWINGS
Please refer to your article “Inter-Dependence” in “Daily News”, dated (18-02-2016). The real issue is as per your own words “YET THE DISTRIBUTER IS UNEQUAL THAT ONE PER CENT OF WORLD’S POPULATION OWNS MORE THAN THE REST OF THE 99 PERCENT PUT TOGETHER (The unrest wave of 99 against one in USA & Europe is the result / indicator of this mal-distribution).
What is the solution:-
I am very poor student of Quran but in Quran one question is repeated twice (never done in any book & to talk of this in Quran looks strange, but why? See the question. What should we expend (Infaq) i.e. what is the fair way of distribution? Why this question is asked in Quran twice? This was a puzzle for me. But my Annual Income Tax Sheet solved the issue as we have 2 issues discussed in this sheet.
1. Income Tax on Annual Income.
2. Wealth statement.
Professor John Royals (the great authority and thinker on Western Secular civilization) in his book “Theory of Justice” writes that the man hankers after 4 purposes in life:
1. Power (Strength)
2. Authority (To Rule)
3. Income
4. Wealth
(Note: Almawardi in his book “AHKAM UL SULTANIA” quotes one sermon of second Caliph Hazrat Umer (R.A), where he explains that he has conquered the world due to similar these three things.
1. Power.
2. Authority.
3. Being trusty (of resources).
So Quran answers in two ways (What to expend / circulate)
The first answer is on circulation of Income (Surah Baqra, 2/215).
The second answer is circulation of wealth (Surah Baqra, 2/219).
(Now these two laws in history were announced as Whistle- blowers (Ram’s Horn-qurn). So these two whistle-Blowing laws are qurn + qurn= qi,ran (and this is one root meaning of Holy Book Quran. See another root of Quran is ZulQurnain-always having two Horns or in negative sense Qaroon who accumulated wealth in extreme amount like one percent filthy rich of modern world are Qaroons).
Now what is the law governing the
1. Circulation of Income (qurn No. 1)
2. Circulation of Wealth (qurn No. 2)
The law is Abraham’s Ram (Note: Sacrificial Ram) & its Qurbani (sacrifice In Quran). The meat of sacrificed animal is divided in 3 parts:
1. 1/3 for Poor (Sadaqat / Islamic Tax)
2. 1/3 for Relatives / Friends/ Social Investment
3. 1/3rd for house hold members.
Please remember in economy there are 3 agents:
1. Management
2. Capital (including land)
3. labour
So each agent must have 1/3rd share of the produce/income (if it is to be a fair distribution called “Adal”-justice).
So in Quran & Ahadith, the income distribution from a garden (Jannah) is 3 partite as under:
1. 1/3 for Sadaqat (Govt. taxes).
2. 1/3 (Re-Invested in generating capital called “zakat”) for future development & growth.
3. 1/3 for labor / producing workers. (see Hadith in Sahi Muslim).
So we have Tax / GDP ratio in a developed economy would be 1/3rd (or 33.3%) as we see in Western welfare societies of world (so is savings / Re-invest is around 33% —–which means the accumulated real wealth should be 1/3rd of the totally GDP and this is so in European countries as quoted by Professor “Syed Nawab Haider Naqvi” in his book “Ethics & Economics”).
Wealth Distribution (QURN No. 2)
Quran clearly distributes wealth at death in 3 parts:
1. 1/3rd as loan (Dain)-(which should go to Government Exchequer and this would solve the problems of countries who are in heave debts like Pakistan, Portugal, Spain, etc. and even individuals.
2. 1/3rd for Wassiya (will / as Waqf) for welfare of general society members in shape of hospitals, educational institutions, hostels, water springs,langars ( food rationing), etc. for non-Heirs.
3. 1/3rd for legal heirs (Warseen).
So we see every generation is thus having “level playing field” & no child is son of lesser god or underdog & maximum / optimum level of efficient –production can be achieved as no member of the next generation would be capital-starved. I have not quoted references in this letter. For further references, please visit my website