Recordings › Shaykh Omar Baloch | Cynicism, Consumerism & the Catch 22 of Riba | Mindtrap with Mufti #30 · 10 Jul 2020 › Segment 34 of 38
Is an Islamic economic system realistic or utopian?
fiqah jurisprudence fikh muftis koran quraan al-quran 'alim aalim alhamdulillah alhamdulilah al-hamdu lillah alhumdulillah alhamdulillaahIs an Islamic economic system utopian? Welfare, Trotsky's question and dynasties
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This segment2:12:33 to 2:19:01 · 6 min 28 sA view quoted in order to be discussed, not a position held
What this part covers
machinesummary, machine-writtenThe guest argues that Islam offers a complete welfare-minded social order; Mufti Abu Layth presses him on whether it is utopian.
In more detail
The guest says Islam is not a fragmented system: its social, political and economic parts come as one package. Mufti Abu Layth asks whether that is not utopian, imagining that everyone is nice and helps one another. The guest proposes a thought experiment of adopting the most liberal opinions in all of fiqh and building a complete social order from them, which he says would not be utopian, and says such a state would be something of a welfare state providing basic needs such as homes. Mufti jokes about Jeremy Corbyn, says this was not done in the Prophet's lifetime, when people built their own houses, and asks how a society that gives everyone a free home could prosper. The guest recounts a subcontinental scholar, whose name is garbled in the captions [?], who after the Bolshevik Revolution met Trotsky, who asked him whether this system existed anywhere on earth, leaving him embarrassed. Asked by Mufti whether it is then a false ideal, the guest says the Muslim dynasties were kingship and Arab imperialism, not Islam, and Mufti then proposes taking questions.
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Kind: a view quoted in order to be discussed, not a position held Speakers: host and guest; guest speech is labelled and excluded from positionsTranscript
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This segment states a view in order to discuss it. It is recorded as a quoted view, not as a position held.
you either rent or you buy now if you buy it will be generally much cheaper and it will give you soulfully some return on investment it will also be a home if you do manage to see it through for your children it will give you capital in the country if you just rent fine I mean you can as well it's not I don't feel and in some European countries they tend to rent more but I just and the Islamic mortgages I feel are just a loophole it's doing exactly the same thing and what they're doing is just charging you more and giving it an Islamic veneer so that the problem with
that is that it's like like I said it's like trying to put a Mercedes part in a theater car unless you don't have are you then saying that Islam is not for all times because it is so what are Muslims meant to do in this thing is not this fragmented system it's a whole system so the social political economic system comes in one package it's that not you just is that just not utopian dosha the system of everybody is just nice and they just help you and you know this when we need help they just gonna give us money let's take democracy right you know six forms of
democracy okay so you could say I'll help you understand it this way at least this is way one of the ways I understand this is that let's say me and you agreed as an experiment agreeing on experiments made you do this experiment we both agree that we are going to adapt the most liberal of all the opinions in all the fifth and we're gonna make that our Islam okay I mean you just as an experiment we say okay let's look at what the edge is wait a minute I wonder
if anybody's actually done that I'm joking my views are based on the Quran was from that people behave yourselves okay so let's say we take within the mainstream the most liberal opinions okay and and from that we can construct this world which will not be utopian then sure but it's still a system in itself it's a complete system in itself it's a political social order okay so the fact that Islam can and has had and and probably will have some source of
sort of social order of its own is not a matter of utopian it's a matter of that it's true it is it is it is a factual okay okay tell us what is the what is the Islamic response then tell us well so the thing is that this wouldn't happen because number one it's Nam would be a is some somewhat of a welfare state it would be a socialist so there would be a minimum Corbin heads huh and now I just said Kobe in Jeremy Corbyn yeah so so I feel that the government would take
responsibility for certain basic needs so not exactly communist so people would be provided homes I feel yes but one couldn't one-engine one could argue that in the prophets lifetime that wasn't done for the people then okay I mean but I'm just saying in the prophets time I know people came this data so far hands people build houses with their hands so if if you if you can get your family members and your tribes people back and they want to help you build your house you know in some
place fine hmm okay so so let me but how would society prosper I mean you couldn't envisage that everywhere you go you just get a free home the whole of humanity would you know everything would just be given to them because see is that not utopian that everywhere hamdulillah this some government or some rulership or systems are saying oh my mozambique you know oh you need a home oh oh you need a car oh you need a hey let you know the world wouldn't work like that's a pseudo penis initiative so so let me express two things about that one part part is you're absolutely right
right say that part again she say that part now during the Russian Bolshevik Revolution he went to Russia he wanted to talk to Lenin but Lenin was on his deathbed so he got he got a chance to talk to Trotsky okay Wow okay and so which which chef is this sorry we share huh which chef chef who saying Ahmed Ahmed sir hindi okay so he went to Russia the British was looking for him so he said I'll just go
to Russia and talk to them okay we're not talking about Mudgett didn't forth Ernie no no he he's way back cuz he's in the time Akbar and Trotsky and he says look we have this system in Islam and it's like you said this utopian view you maybe if you want to put it that way and so Trotsky asked him one question he said okay is there anywhere on earth you have this [Laughter] okay okay he says I was so embarrassed I couldn't look him in the eyes again there's nowhere for us to even express
that okay this is what Islam would look like in practice in the modern times right yeah but I mean is that not a false ideals oh you couldn't call it utopian or practical because it hasn't manifested itself but is that to say Islam is never manifested itself I mean it has but you know what we had before this was kingship it was not it's not yeah the Prophet was actually clear about this of course of course I mean I don't believe that these dynasties were necessarily the Arab imperialism hmm -
the Ottomans he called it this is all imperialism and when Pakistan was being made he said maybe we have a chance to remove the stains of Arab imperialism that that I mean not much luck with that right now this is home and a phenomenon going on yeah but okay I mean it's me chef shall we take some quick questions I know we've been ok we've been going on quite a while I know you are time restricted as well share and right
Paragraphs overlapping 2:12:33 to 2:19:01. Full text on the recording page.
Cite this segment
Stable id, transcript version and tier are part of the citation. Every change to a transcript is logged.Mufti Abu Layth Archive, segment 2020-07-10-S34, auto-transcribed, may contain errors. https://muftiabulayth.org/r/wce73zqci_i/s/34/ (accessed 1 November 2026)
- APA 7
Mufti Abu Layth. (2020, July 10). Is an Islamic economic system realistic or utopian? [Video, segment 2020-07-10-S34, auto-transcribed, may contain errors]. Mufti Abu Layth Archive. Retrieved November 1, 2026, from https://muftiabulayth.org/r/wce73zqci_i/s/34/
- Chicago author-date
Mufti Abu Layth. 2020. "Is an Islamic economic system realistic or utopian?" Video, segment 2020-07-10-S34, auto-transcribed, may contain errors. Mufti Abu Layth Archive. Recorded July 10, 2020. Accessed November 1, 2026. https://muftiabulayth.org/r/wce73zqci_i/s/34/
- BibTeX
@misc{abulayth-2020-07-10-S34, author = {Mufti Abu Layth}, title = {{Is an Islamic economic system realistic or utopian?}}, year = {2020}, month = {7}, date = {2020-07-10}, howpublished = {\url{https://muftiabulayth.org/r/wce73zqci_i/s/34/}}, url = {https://muftiabulayth.org/r/wce73zqci_i/s/34/}, organization = {Mufti Abu Layth Archive}, urldate = {2026-11-01}, note = {Segment 2020-07-10-S34, auto-transcribed, may contain errors} }
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