Islam & Democratic Capitalism
Islam is a perfect code of life. From "Al- Lauh Al-Mahfuz". The revelation of the book (The Quran) is from Allah, the Al-Mighty the All-wise, (surah Al-Ahqaf, Ayat 2) Just opposite to Islam stand democratic capitalism and socialism in their thirty five prostrations in five time prayers admits Allah is the Supreme. This is the meaning of Kalima Tayyeba. In a Democratic country the people are they run the administrative system of the country directly. But in large states it is not possible. So the administrative system of the country is run by the member of parliament who are elected as their representatives through their vote on the basis of adult franchise and such a system arose out of the social contract theory of Rousseau. This system is called republic. In a republican state the sovereignty of parliament is admitted on all hands.
