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ECONOMISTS

 https://internationalmoneyreform.org/news/2023/12/economists/  ECONOMISTS  ( AN ARTICLE FROM THE INTERNATIONAL MOVEMENT FOR MONEY REFORM) In the world of Economists banks are neutral players in the Economy. They lend from deposits placed by bank customers. If there are no deposits banks cannot lend. Who are the true money creators in the nation is glossed over unaddressed. They believe that is irrelevant to the economy. For Investments to happen the nation must Save. Investments will only materialise when there is enough Savings. Investments are quite independent of banks. To the Economists banks can be ignored totally in government policy making because they are neutral; just a mover of funds from surplus units to deficient units. Never a money creator. The fact that banks are havoc money creators in all economies is not computed into a nation’s economic policy making by Economists. Money is paper notes and coins. How many percent is that of the nation’s total money is ...

DEAR SON

DEAR SON, I walked with you when you carried your Spiderman bag to school with your sisters in that beloved country. But they won’t let you in ‘cos you’re too small. I knew how you felt, but what could I do except to buy you sweets and goodies at Tarmimi supermarket before we went home for breakfast with Mama. When you reached the age when you could go to school there, we had to leave for home for Dad’s stint is over, in the darkening clouds of the world economy. Yes son, Spiderman don’t cry, as we walked round having last looks at the compound home you and your sisters grew to love so much. When we reached home shores we immediately enrolled you at the local kindergarten with elder sis, Adila. You jumped into the school bus on the first day without a second look at mum and me; we were a trifle hurt, but more overcame with happiness for you. You lost the race at the kindergarten school sports day when your friend ran the wrong way but who cares everyone had an enjoyable day. In your pr...

SYNOPSIS OF CONFESSIONS OF AN ISLAMIC BANKER

SYNOPSYS OF CONFESSIONS OF AN ISLAMIC BANKER It is a life story, it is a book, it is a share of insights based on over 30 years of life in Islamic Muamalat; from a candid and humourous description of life experiences to a sombre initial exposure of the Principles of Usul Fiqh and Qaiddhah Fiqhiyyah, learnt from an Islamic University, the Writer shares his heart and soul with the Reader. Intricately weaved into the delightful life story the Writer also shares many invaluable intellectual contents including History of Money, Gold and Silver Standards, History and Characteristics of Shariah Money, Economics of Madinah and the Riba Economics of Today, the Current Deceitful Monetary System and how much pain it is causing the Ummah and Humanity. The title of the book is a play on the World's Best Seller called Confessions of an Economic Hit Man. It is a light story of the Writer's journey from an Islamic Banker to an Islamic Monetary Reformist, but a very serious summary of what need...

ABOUT THE WRITER

  Muhammad Zahid Abdul Aziz, BA Econs (Exeter), MSc IBF (IIUM), is an Islamic Monetary Reformist who wants to assist the world humanity in an age where humanity is drowning in the common problems of life that afflict all human beings without many understanding what is befalling them. Armed with 30 years of experience in the Islamic Muamalat industry, and through his NGO Movement for Monetary Justice, Malaysia, Zahid fights for Justice in the current insidious Monetary System, which steals the purchasing power of the downtrodden, enriching the already rich; impoverishing the poor, producing unemployment of graduates and youth, depressing wage and salary levels and internationally certainly not enriching the poor.   He guides society about the true nature of the monetary system we practice, domestic and international which benefits only a handful of human beings but is built on the burden and suffering of the poor and the common men. He urges the Muslim ummah in particular, to t...

HOW TO ORDER FROM OUTSIDE MALAYSIA

  HOW TO ORDER *CONFESSIONS OF AN ISLAMIC BANKER* BY ZAHID AZIZ. Price : USD50  (South East Asia - USD40) 1.Make payment to bank 2.Email receipt, name, address and mobile number to zahid.aziz1855@gmail.com (Bank Islam Swift code BIMBMYKLXXX) Muhammad Zahid bin Abdul Aziz. Account no.12186020048340 Bank Islam Malaysia Berhad Bukit Jelutong Branch, 10 DBayu Complex, Jln Serambi U8/21, Bukit Jelutong, 40150 Shah Alam, Selangor, Malaysia. Tel:7847 3710 Note : We have so far processed and mailed orders to Turkey, Indonesia, Canada, US, Pakistan, Luxembourg and UK.

HOW TO ORDER FROM MALAYSIA

 * HOW TO PURCHASE CONFESSIONS OF AN ISLAMIC BANKER* Bank in RM80 to BIMB Acc 12186020048340. Muhammad Zahid Abdul Aziz. Whatsapp receipt to 0122125405 incl Name and Address

International Movement for Money Reform

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  https://internationalmoneyreform.org/news/2022/08/confessions-of-an-islamic-banker/ 

Movement for Monetary Justice Telegram Website

https://telegra.ph/MMJ-Home-01-04

READERS' COMMENTS SO FAR

CONFESSIONS OF AN ISLAMIC BANKER - READERS' COMMENTS Dato Shukri Hussin - AsSalam bro Zahid, do you still have a copy of your first book? My friend likes the Confessions of an Islamic Banker so much he’s asking for your first book.🙏 Ex Islamic banker friend - A blessed effort bro. Raja Ahmad (Book Launch Host): Zahid, you write with such wit my wife asked me- Ngapa senyum sorang pagi2 nih?! (Why are you smiling alone so early this morning?). Dr Razman Latiff - Absolutely must have book- solution to all our problems- graduates and youth unemployment, depressingly low salaries, unending food and other inflation, rocketing house prices, worrisome widening poverty gap. Dr A - Just first 3 Chapters and I can't put the book down! Ustaz Z- Jazakumullahkhair En Zahid - I enjoy reading your book. Communications Personality- Its such a great read - Zahid you're such a good story teller. Kamaruddin Ali- I love it- I feel the book!

ISLAMIC WORLD VIEW REAL ECONOMICS

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https://internationalmoneyreform.org/news/2021/09/islamic-worldview-real-economics-immr-working-group-presentation/  

BOOK LAUNCH

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11th SEPTEMBER 2001 - TWENTY ONE YEARS AGO

Assalam, 11th September 2001 - Twenty One Years Ago. This day twenty one years ago a momentous event took place in the world, at the same time a momentous event took place in the personal life of this Islamic banker. The manufactured event in New York shocked the world even as the happy event is etched in the memory of the Islamic banker. On the fated day, September 11, 2001 he got married whilst the world got mired in a devastating fraud that would lead to the loss of a million innocent lives in Iraq. September 11 2001 was the night of my wedding reception in Kuala Lumpur. A momentous event in the Aziz Yeop family, it being the wedding of the last of the family’s siblings. I met my match, married a wonderful girl, and started a new journey in my life. Fated to learn Western Economics in university life in the late 70’s I was then dipped in conventional banking for two years in early 80’s. Both as if in preparation for what was to come. This was followed by a five year religious renais...

IN THE NEWS / DALAM BERITA

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                                                                                          https://www.malaysianow.com/news/2022/09/15/remove-power-to-create-money-from-banks-govt-urged   https://www.malaysianow.com/my/news/2022/09/15/kuasa-bank-untuk-mencipta-wang-harus-dihapuskan  https://www.malaysianow.com/my/news/2023/01/05/menaikkan-opr-tidak-akan-halang-inflasi-kata-pakar

AND WE SIT WITH RAGE

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  FROM ZAHID'S SAY AND REALMONEY.COM.MY Sunday, November 18, 2012 And We Sit With Rage Assalamu ‘Alaikum, And We Sit With Rage “ We are now again at the crossroads of history, and awareness of Islamic identity is beginning to dawn in the consciousness of emergent Muslims. Only when this awareness comes to full awakening with the sun of knowledge will there emerge from among us men and women of spiritual and intellectual maturity and integrity who will be able to play their role with wisdom and justice in upholding the truth. Such men and women will know that they must return to the early masters of the religious and intellectual tradition of Islam, which was established upon the sacred foundation of the Holy Quran and the Tradition of the Holy Prophet, in order to learn from the past and be able to acquip spiritually and intellectually for the future; they will realize that they must not simply appropriate and imitate what modern secular Western civilization has created, but must r...

MONETARY TOPICS COVERED IN CONFESSIONS OF AN ISLAMIC BANKER

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THE NOBEL PRIZE FOR ECONOMICS AND BANKS LENDING FROM DEPOSITS /HADIAH NOBEL EKONOMI DAN KEPERCAYAAN BANK PINJAM DARI DEPOSIT

  http://www.alpheus.org/nominating-the-2022-nobel-economics-committee/ https://www.marketwatch.com/story/bernankes-nobel-prize-is-harmful-because-it-rewards-faulty-thinking-on-how-banks-actually-work-11665832077   THE NOBEL PRIZE FOR ECONOMICS AND BANKS LENDING FROM DEPOSITS What the issue is all about and how it relates to us? https://telegra.ph/MMJ-Home-01-04 The world has presented Bernanke, a famous American Economist and Government Advisor, and his  friends with the highest prize in the field of Economics. Namely the Nobel Prize in Economics. It is not that we strongly agree with the principles of current Economics as a subject, which is clearly intertwined in a death lock with interest and debt, and should not be practiced by any Islamic State Government. What we want to talk about here is Bernanke's differences in knowledge about banks compared to the reality that many in the Western and whole world have understood. If it's an ordinary person who misunderstands th...