The source of income of Bait-Lull-Mall Bait-I-II-Mall means the treasury of Islamic state 1. Katz 2. Usher 3. Jazzy 4. Charka 5. Charity 6. Fat 7. Chums 8. Zagreb/Darkie (Tax) 9. Was Katz:- Katz is paid on yearly basis of 2. 5% of your income. Usher:- Usher means that you have to give the 10th part of production from your cultivated and (vegetables, fruits etc) to the poor people who are in need of money or food. NIST-e-usher means giving the 20th part of your production. Jazzy:- Jazzy is that income of Bait-I-II-Mall which is taken from the non-Muslims living in a Muslim country and is paid for the security of the non-Muslim.
Charka:- If there is a war between a non-Muslim and a Muslim country and if a Muslim country conquers a non-Muslim state and when the Muslims hand out that conquered land to the non-Muslim and tells them to give Bait-Lull-Mall to the Muslim country which has to be paid annually is called Charka. Charity:- Charity is also the source of income of a Bait-I-II-Mall. If a non-Muslim declares a war on a Muslim country then the Muslims have to attack them before they attack the Muslim country and if some how the Muslims occupy their country without a fight then they will also have to pay Bait-Lull-Mall on yearly basis to the Muslim country.
Chums:- Chums means the fifth part. If a Muslim country wins a war then the 5th part of Bait- I-II-Mall should be given to the people of their own country and the other 4 parts should be divided into those people who had fought a war or still fighting a war. Zagreb/Darkie (Tax):- If the government wants to add an extra tax on an emergency then it can raise the tax on a non-Muslim conquered countries and a Muslim country. Was:- own land as a charity to build a cemetery. Interest in Capitalism In Arabic interest is called Rib.
Capitalism doesn’t include religious factors they do not follow the Bible. Theories of economics regarding interest There are 5 theories of capitalist system which are:- 1. Waiting theory 2. Liquidity preference theory 3. Taking risk theory 4. Scarcity of capital 5. Productivity theory Waiting theory:- In a fatalist system it says that when a person gives a certain amount of money to someone they should be given interest on that because he/she has given the money and has made a sacrifice for waiting for that person to return it back.
Liquidity preference theory:- If a person gives loan to someone rather than spending that money on something else he should also be given an interest because he/she could had spend that money on something else but rather than spending it on something else he/she gave it to someone as a loan. Taking risk theory:- When a person gives an amount of money to a person by not taking any guarantee so he Capitalist system says that he/she should be also given an interest as there is a risk involved of not returning the loan back by another person.
Scarcity of capital:- In a Capitalist system it says that by giving a loan to some one else will scarce (less) his/her own amount of money so he/she should be given an interest too. Productivity theory:- When a person had money before giving it to someone as a loan he could had cultivated something but he/she gave it to someone as a loan so he/she should also be given an interest. Capitalist system says that interest should be allowed but Islamic economical system says that loan should be given by without any intentions of taking an interest.
