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Tuesday, September 5, 2023

#UmarsLawOfEconomics

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imran.khan@insaf.pk , drarifalvi@gmail.com , info@insaf.pk

Subject : #UmarsLawOfEconomics

‘In the name of God, the Compassionate, the Merciful’

Asalamo Alykum,

In the laws of Islamic Economics, Trade & Commerce, Syedna Umar RA states that if a commodity, or service, inflates beyond your capacity, simply stop using it. It will soon settle down to its reasonable price. This law is in resonance with the common law of Economics regarding Demand & Supply. So if the people of Pakistan are resorting to not using the WAPDA or K-Electric electricity anymore, its perfectly justified. Its not civil disobedience, its civil resignation. But the only problem is, is there an alternative ? Perhaps, yes there is. Those who have already switched to the solar panels are in a relatively good shape, although ironically, the same mafia who is magnifying the electricity rates are the same mafia who is supplying the solar panels. Anyhow, perhaps we can try living off a combination of daylight usage, candles, batteries and the generator for a while. It may teach us a thing or two about emergency survival and would teach our rulers a lesson or two too !

Wsalam,

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