Sunday, December 18, 2016

Aleppo, Syria: A Shia Sunni fight?

Now a days our social media is full of news regarding the atrocities being committed in Aleppo, Syria. This reminds me of October, 1990 and a 15-year-old Kuwaiti girl named Nayirah. Before reading any further you should spend just four minutes and watch Nayirah to get the full impact at

Nayirah was not who she was presented to be. She was the daughter of Saud

Thursday, October 6, 2016

پیسہ ، صارفیت اور ھمارا مستقبل

This is a three part presentation. Here is the first part in which I present history of money, then how it is generated now and its problems.

Saturday, May 7, 2016

مادیت اور ھمارا نظام تعلیم

This is a multi-part presentation dealing with the issue of how current education, especially our higher education system, is promoting a materialistic world view and what should we do about it. The slides are in English but the narration is in Urdu. Here is first part

This is part-2

Here is the last part

Friday, January 8, 2016

Money Creation and Islamic Banks

Creation of Money and Islamic Banks

Dr. Asad Zaman[1]

1      Introduction

In ancient times, alchemists searched for the secrets of turning base metals into gold. In modern times, the fractional reserve banking system has turned the dreams of the alchemists into a reality. However, the secrets of credit creation by banks are kept hidden from the general public. For this reason, discussions and controversies about Islamic banking have not mentioned this crucial issue, even though rulings about the legitimacy or otherwise of financial transaction within Islamic law depend on it.