The Surecratic Theory has its unique Ethical Developmental Application(s) in both Micro- / Macro-Economics and in re-directing a new foundation(s) into the economy .. Surecracy always attempts for presenting simplified introduction(s) which might be considered - nowadays - non traditional regarding its practical theory that is believed to be very beneficiary, realistically applicable, ethical (Relevant To True Monotheism), even very efficient within the process of booming and of securing the economic cycles of development while evading to cause any financial inflation, leading to an expected stabilization of economy within every nation applying our Surecratic Approach in Economics or allowing it to have the needed start line of the Surecratic Financial and Economic Institutions within any state(s) / people business activities. The world is asked to learn and know better ways of financial development from Surecracy ..
In other words, The Surecratic Theory can be considered very reliable and supportive in its implementation via its accountable economic efficacy to boost up the local, the territorial micro-economies of diverse socio-economic communities and/or people acting within the financial /trade markets - based upon our stable grounds - which will be - in turn - significantly reduce the usual reasons for the nation's economic inflation(s) / towards the crisis, which are usually caused by Democratic Capitalism greedy attitude(s) and instable economic behavior; while - in controversy to capitalism - Surecracy is leading to the process of fairly smoothing the relationship(s) between the money borrowers and the investors where both must accept the idea accepting certain probable risks in the way of financial / economic success where interests rate(s) upon Capital is/are unacceptable even forbidden to rule the Surecratic Economy / Financial Markets progress; thus founding our system which uplifts the deprived non welthay / poor mass(es) by working honestly / justly with the financially wealthy altogether in one process in an ethically fair way(s)- on both sides of this financial / economic equation(s); leading into not only an increasing successful financial potential(s) / development of better economic opportunities of the participants accepting the risks but also it is being rewarding justly both parties in such a way that can be morally supportive to the individual's normal ethical humanitarian value(s) in Monotheism and respecting the people's natural belief in economic - social justice among the rich and the poor in an equivalent scale between money and work ..! It is this matter which re-empowers the Surecratic Theory in Economics to be culturally-religiously relevant especially to Muslims , true Christians and true Jews and to be socio-economically acceptable universal-wise to all the people everywhere .
This is considered weighable, efficient to both the national micro- economical process(es) and the international macro-economy as well where the Surecratic banks, financial organizations, trading entities, Surecrats' private, cooperative, collaborative - cooperative institutions ..etc. may form such a needed integrated network-like structures and/or establishments, allowing their economic efficacy to function well and their justified socio-political responsiveness in continuous actions as the ' Surecratic Banking System(s)' and the ' Surecratic Financial Organizations ' are active within the competition arena of democrats to serve everybody interested from benefiting reasonably from what we offer; It is strategically directed to serve justly the relevant needs of individuals and of people anywhere ..; where Such an expected, competitive Surecratic economic alternative and/or financial vehicle - represented by - the Surecratic Non-interest(s) Rate Banking System(s) and its % profitability Financial Organizations are actively acting , interacting and reacting with the markets and for the industries' needs .. All will be mostly be working via the % Percentage Profitability Rate(s) and supported by a Diversity of trading options between the investors and the needy buyers / consumers / builders ..etc.; to definitely and to significantly decrease the risks, the inflation, the unethical exploitative potentials especially imposed by the Democratic Greedy Banks and the Democratic Financial institutions with its unacceptable cumulative interests' rate(s). The later democratic ones is very well known to play in stock markets with the market psychology to create unethical massive wealth and/or crisis , destabilizing many times both the national economy and/or the global economy as economic history - repeatedly told us - with its frequent cycles of great depressions ..!
The Surecratic Banking System(s), Financial Organizations and/or Financial Models Must - at least - Reflect These Characteristics And/Or Models:
(1) Profitability % Percentage(s) Rate(s) { PPR % } - In Banking system(s) - which is/are Displacing % Interests Rates; in order to understand how this simply does work - as for example (not for limitations) - let us consider that An individual who own some capital / fixed assets of a property and/or an invention ..etc. needs certain amount of capital / money to establish a productive , visibly studied project of an economic profitable value .. The investor Surecratic financial institution / bank will give such a needed capital or money let us say 40%-50 % of the total costs needed to establish such a project in industry, agriculture, trade .etc. areas .. This Surecratic investing Bank / Financial Organization will take 40%-50% of the net profits within the specified period(s) { monthly, yearly basis ..etc } after deducting all the expenses and taxes .. In addition, An advantage to the borrower - protecting him/her from bankruptcy to certain extents - is that Our Surecratic Financial Organizations accept market risk(s) as well in case of losses .. In other words, due to any unexpected market fluctuation(s) / project failure the Surecratic Bank / Financial Institution will uptake 40% - 50% of the loss(es) within the specified time(s), a justified matter between the borrower and the Surecratic Investor .. It is considerably fair on both sides working smartly and hardly enough together towards success by all the available scientific and ethical mean(s) ..! It is a great competitive advantage(s) to the borrower / the consumers ( individuals, small businesses) that our Surecratic Banks takes the unexpected losses partially and equivalently without higher risks of foreclosure(s) or taking over everything leaving such individual(s) / business owners with nothing left towards bankruptcy as it is always the scenario and/or the case with the disadvantaged % interest rates capitalistic democratic banks / financial systems .. Such Surecratic financial micro-processes will definitely stabilizes the community and the national economy from falling into economy cycle(s) of Depression(s) / economic crises due to equivalent stabilization on time.. It ethically support the individual(s), the business(es) and the people's needs based on a more fair treatment.. Its competitive mechanisms will also force the coexistent Democratic Banks to lower its interests rates and to become less greedy in helping people financial needs with an understanding otherwise the democratic capitalists with interests rate banking will definitely loose a significant share of the financial markets, industry, agriculture and services .. a matter which helps and benefit the whole society from our Surecratic Economic presence and justified competition in a financial market controlled unjustly by the domination of democrats ..!
(2) The Surecratic Gradual Share Decrease Economic Model(s): This justified fair model(s) { TSGSDEM } and/or process(es) allow(s) the borrower individual(s) / small-large business owners / Corporates to own back fully up to 100% of the project established within a credible business plan(s) .. back to the previous example: the Surecratic Bank or the Surecratic Financial Institution may allow those related individuals / business-men / corporate(s) to buy back such an assumed 40% - 50% invested capital / fixed assets ..etc. of the Surecratic Bank to reduce it gradually ( yearly basis plan of 3-7 years ..etc. ) in % of share and its related equivalent profit(s)towards such an end where the individual / business man or corporate can 100% own fully both the share/assets and the total net profits by themselves , where the rule of the Surecratic Bank and/or Financial Institution ends to start in another project and/or someone else .. The bank here gets through its profitability % its variable profits and its capital back as well ..
It is also important to highlight that The Surecratic Gradual Share Decrease Economic model(s) { TSGSDEM } can be combined with Employee Stock Ownership Plans {ESOPs } Model(s) to result into the formation of another unique Surecratic economic model Identified as The Surecratic Gradual Share Decrease - Employee Stock Ownership Plan(s) Model { TSGSDEM } - { ESOPs } which is very useful in supporting the micro- and/or the macro- economies - away from inflation , based upon justified reasonable redistribution of wealth and profits .
(3) The Surecratic Collaborative - Cooperative Financing via (Al-Mudaraba / Al-Musharaka) - Based Investment(s) and/or finance(s): { TSCCF }
Collaborative - Cooperative funding is one of the most recently developed methods and/or models of funding and/or financing where a grouped entity of investors and/or financial institutions and/or banks and/or corporates .etc. enter into some sort of an agreement regarding providing materials including lands and raw materials, money, labour ..etc to establish a trade and/or a project build up ..etc where each member accepts - with the probable risk(s) to overcome - accepts a certain % of the net profit(s) as a function of time(s).. there is no interests rate involved here within each supported trade , business operation or project but profitability percentage(s) and equivalently loss % if it happened out of expectations and all the efforts to avoid it .. Here the buying and selling process(es) for profitability in trade(s) is also included.. This type of economic model is collaborative as it may deal with democratic opposed institutions and cooperative among its participating surecratic stake holders / financial investors and working / labour human resources. there are several models to operate under these developmental Category in Surecratic Economics and/or Economy..
(4) The Surecratic Cooperative Insurance Network System(s): { TSCINS}
In search for a new creative way(s) regarding the role(s) of insurance within the surecratic economy- in light(s) of true Monotheistic Economic Jurisprudence - the discovery of The Surecratic Cooperative Insurance Network System ( TSCINS) is considered a significant asset in developing the local, the national and the international economy. This newly introduced alternative - as an insurance system - will certainly compete in the market with the democratic insurance system and/or policies in order to give people, communities and/or individuals.
Based on the conceptual principle of the Surecratic Mutual Support (help)and cooperation in goodness and virtuous acts, individuals / surcratic corporates may get together and mutually agree to contribute specific amount(s) of funds (memberships) and/or donations which will be used for the purpose of compensating anyone / any group / any company that suffered losses due to unexpected and/or disastrous cause(s)..etc. where:
4.1: TSCINS Members will be - as policy holders - cooperating among themselves for their common good and their mutual economic benefits.
4.2: The policy holders will be expected to pay their subscription in order to assist those whom do really need particular quantifiable assistance.
4.3: Considering this matter falling - under donation contract - being intended to divide losses and spread out the liabilities within the many according to their communities and/or networking pooling system(s) / subsystem(s) where the element of uncertainty is expected to be eliminated in so far as the insurance subscription(s) and compensation(s) are being weighed.
4.4: TSCINS contracts are permissible providing two conditions:
4.4.1: the contracts never contains any element of interest rate(s).
4.4.2: the purpose of the insurance must be ethically permissible to Islamic Shari ha and to the universal ethical values of monotheism , examples: insuring transportation and/or manufacturing of liquor alcoholic beverages, casinos for gambling, prostitution clubs and business, illegal operations ..etc. which are not permissible but agricultural, industrial, environmental, real estate, cars, transportation, medical, life, educational insurances ..etc. which are vital to secure the economic legal activities, all are permissible.
4.5: TSCINS policies may allow its policies a needed flexibility to compensate for certain % of the losses that varies between 99% down to 49% of the accidental / unexpected calculated / estimated loss(es) as for example not for limitation within its contract(s). in addition to this optional element in insurance policies.. The policy makers apply also the statistical inference theory / the probability theory within the scientific estimations in their studies upon populations, risk activities in certain business activities ..etc.
4.6: The net profits resulted from reinvesting - according to the ethical surecratic measures - may allow TSCINS beneficiary insurers to get from time to time some % percentages profits back whenever it seems needed and/or appropriate especially on 3,5,7years insurance plan(s) ..etc.
4.7: TSCINS policies does not / never aim of driving advantage to a subscribed member at the expense of the other members, it carefully, honestly and justly pay equal and in depth attentions to everybody involved within this strategic economical process..
(5) The Surecratic Micro Venture Capital / Financial Institutions: {TSMVCI}
In Surecratic Economic Jurisprudence - relying upon True Monotheistic Belief that has been Crowned by the Holy Quran'ic and Islamic Shariha Laws ; Surecracy has accepted the fact of the necessity of Charity as a way of re-distributing the wealth among the alienated and the most needy to help the poor be capable of economic production, even at a very small - limited scale towards supporting himself/herself and/or their families .. Micro Venture is adopted within Surecratic Economics as a supportive substitute for % interests' Rates bearing loan where it focus on small entrepreneurs and individuals seeking non - profit / charity organizations to start individual small business from as low as 50 $ - 20000 $ for individuals / small business upto 100,000 $ - 250,000 $ (mostly for community shared projects) which needs economic and/or financial trading projects..
The Charity funds (Al-Zakat), gifts and given collected donations ( governmental / non-governmental ) are carefully collected - as tax deductible / tax re-emoursement from the government - in addition to the donations collected from the individuals, business men, corporates and/or organizations to generate the needed developing capital(s) and/or money. It is factual that these type of Surecratic Independent Micro-Venture Capital Institutions have flexible policies in covering the needy, the alienated and the poor willing to work for their own selves towards financial and economic independence that allow them to cover their own basic needs to survive and to have a fair chance in having a reasonable start to develop. These institutions may also cover partially some sorts of the food banks as a % of their charity given donations but its main goal is to help the poor with the fishing rod , the hook to be able to fish to feed himself/herself and their kids .. farmers, small capital individual traders - as for example not for limitation may find a great support and value in such a local micro-economics fiances where only the capital and/or part of the capital might be redeemed without any claimed profits or any form of interests as it is absolutely forbidden for these charities according to the Surecratic Mandate(s) organizing it and/or Surecratic Monotheistic Law(s)..
These are Some of the Basic Conceptual Approach That Surecracy start with in Economics and boosting the financial markets in competition with the democratic opposed financial institutions - if they exist in the competent banking / financial markets - with their interests' rates systems, Surecracy by its Models and financial presence will certainly compete strongly, smartly and hardly to force - by such a competition mechanism , negative loop feedback mechanism and by the spontaneous chain reaction mechanisms - which all will force the Democratic Capitalists and the Democratic Socialists Banks and financial organization to lower its interests, to be more humanitarian and less greedy in order to attract its clients and get a survival share in the financial developmental markets .. A matter which - as a conclusion - will definitely and absolutely benefit the masses / the people and will stabilize the cycles of economy from inflation, financial -economy crisis and/or depression .. This is absolutely our Surecratic Recommended Economic Prescription to heal the local, national and the global economy from its severe crisis and/or depressions caused by illogical / greedy attitude of democrats causing such a world financial and economic crisis .. The well known Democratic Banking Stupidity of the very high interests rates - is lending Mexico 100 billion US dollars or so - where it reached the point that Mexico was unable to pay the interests of its own debts to the Western Democratic Capitalists lending greedily this huge money so its government was about to declare bankruptcy where everybody will be loosing in such a democratic stupid reality and/or such a serious joke in Modern History of Economy and democracy where the capitalists desires of imperialism, for controlling this developing country financially takes everybody towards a sudden deadly questionable end(s) that can shake badly the western stability .. ! Surecracy will never put itself in such an unethical, irrelevant, illogical short vision trap as Democratic Capitalists did reflect their improper capability to lead the economy of the whole world through democracy with all its unacceptable theories and/or economic reforms taking all of us into depressions and/or economic crisis ..
6. Zakat ( Charity Re-investment ):
Introduction - from Wikipedia Encyclopedia:
Zakat might be defined as "alms giving", as one of the Five Pillars of Islam, is the giving of 2.5% of one's possessions (surplus wealth) to charity, generally to the poor and needy. It is often compared to the system of tithing and alms, but it serves principally as the welfare contribution to poor and deprived Muslims. It is the duty of an Islamic community not just to collect zakat but to distribute it fairly as well.
Categories There are two categories of charities in Islam - obligatory and voluntary
Obligatory Zakat on wealth, including savings (traditionally gold and silver), investments, and trading/turnover stock (and cash in hand)
Zakat on livestock which covers camels, cattle and sheep and goats as one category
Zakat on agricultural produce, including grains, pulses, cereals and in some case other produce if they are to be dried or pressed for oil
Zakat on the produce of mines and also buried treasure
and in some cases
the Jizya
Zakat-al-fitr Zakat al-fitr is very different to the Islamic pillar of Zakat. It is connected to the pillar of Sawm (fasting in Ramadan) and acts as a purification of the fast itself.
Almsgiving on self, Zakat al-fitr (fast-breaking zakah)
Voluntary Donation to build mosques and schools
Helping non-Muslims (those in need of non-Muslim citizens).
Who is entitled to receive Zakat Eight categories of individuals may receive the zakat:
1. The needy - Fuqara'
2. Extremely poor - Al-Masakin
3. Those employed to collect - Aamileen
4. Those whose hearts are to be won - Muallafatul Quloob
5. To free the captives - Ar-Riqaab
6. Those in debt - Al Ghaarimeen
7. In the path of God - Fi sabil Allah
8. Wayfarer - Ibnul-Sabeel
As a general rule, the recipient must be a Muslim who does not possess wealth equal to or in excess of a prescribed threshold amount. Those who do not give zakat have to be poor or else will be held accountable by God.
The seventh category, Fi sabil Allah (in the path of God), is sometimes interpreted to support those who fight in the cause of Islam,[14] but has mostly been applied to fund missionary work, Quranic schools, and to serve the community in-general.
Non-Muslims can receive help through Sadaqah charity.
Ineligible recipient The following recipients are not eligible to receive the obligatory due (Zakat):
Descendants of the family of the Islamic prophet Muhammad
In places where Muslims are financially capable of entertaining such projects as construction or maintenance of mosques, schools and similar projects (usually developed countries)
They may use the Sadaqah money, based on what the Shura decides.
Surecracy Re-direct Most Of Al-Zakat towards establishing projects that create more income revenue(s) in order to support the poor and the needy individuals and families especially the women and their children so as to enable these poor families to establish their microventure-like projects and to be able to regenerate money from the given and used amount of charity / zakat support by working with it whenever possible to improove their standard(s) of socio-economic lives by self-employment ..;
Author: Sherif Abdel-Kerim , B.Sc. & M.Sc. Pharm.
Founder Of Surecracy and The International Surecratic Movement
Calgary, Alberta, Canada .. Copyright (C) 2009.
