The Rise of the Global Credit Economy Contributed by Prof. Dr. Nazeer Ahmed, PhD Civilization moves in epochs. In each epoch, the rules of competition are different. What drives the global civilization today is economic centralization, and the aristocrats of this drive are the bankers. The merchant, the industrialist, the soldier, the teacher and the mullah are all beholden to...

History is infinitely elastic. The actions of one person in any age cause ripples that affect the lives of thousands who live downstream. Mahmud of Ghazna is important in Islamic history because his actions set the tone for the interaction between the world of Islam and the world of the Hindus. The tone of that interaction created a bitterness that has been exploited by extremists in the...

Abu Ja’far Muhammad ibn Musa al-Khwarizmi, (780 – 850 CE), was the grandfather of computer science and the father of Algebra. He was the popularizer of Arabic numerals, adopter of zero (the symbol, that is) and the decimal system, astronomer, cartographer, in briefs an encyclopedic scholar. BAYT Al-HIKMA (House of Wisdom) In the year 832, Caliph Al Ma’mun [b. Baghdad, 786,...

Eid ul-Fitr, often simply called Eid, is one of the most important festivals in the Islamic calendar. Eid ul-Fitr marks the end of Ramadan, the holy month of fasting. For Muslims, it is a time of great religious and social celebration.The date of Eid is set by the visual sighting of the new moon and so may fall on different Gregorian calendar dates each year. However, it always occurs on the...