Muamalat Masterclass

An Exclusive Invitation to the Inaugural


Muamalat Masterclass:


“THE END OF ECONOMICS
AND THE FUTURE OF TRADE”


Preparing People for the Coming Crisis
through Implementation of Muamalat


http://muamalat-masterclass.eventbrite.com

Why This Masterclass


  • How will nations worldwide face the impending global economic collapse?

  • What is the model of trade that can save societies from the financial crash?

  • When bubbles burst & credits crunch, are you ready to survive the crisis?


Come rediscover knowledge of “Muamalat” in this intensive 2-day masterclass with Shaykh Umar Ibrahim Vadillo to implement the Islamic concepts of: • Money Markets Caravans Guilds Contracts • and many more!


Take action in your Muslim Community towards reviving true trading practices in the face of an imminent end to usury-based (Riba) economics, banking & paper money!


Prepare for the pinnacle period of the people – be a part of the Muamalat movement shaping the future Dar-al Islam!


REGISTER AT

http://muamalat-masterclass.eventbrite.com


Presenting...

Yayasan Pengurusan Ilmu is pleased to extend an exclusive invitation to attend the first session of the Muamalat Masterclass presentation series featuring Shaykh Umar Ibrahim Vadillo, founder of the World Islamic Mint & World Islamic Trading Organization and foremost international advocate of the Gold Dinar & silver dirham.


Event Details


This Muamalat Masterclass session will be held as follows:-


Dates:

28 February & 1 March 2015

Time:

9am-5pm

Venue:

Kolej Komuniti Selayang Persiaran Pegawai, Km 16 Jalan Ipoh, 68100 Batu Caves, Selangor, Malaysia

Organizer:

Yayasan Pengurusan Ilmu


Fee:

RM 160.00 (8 WIM dirhams)


Registration:

http://muamalat-masterclass.eventbrite.com



Registration fee is inclusive of lunch and refreshments – view payment options online.


Invitation to this exclusive session is limited!


Register today at http://muamalat-masterclass.eventbrite.com or kindly contact organizer to reserve places for confirmed attendance.


Thank you and we sincerely look forward to your presence in the first Muamalat Masterclass!



Event Agenda

SATURDAY, 28 FEBRUARY 2015

Session 1 – Usul of Muamalat

09:00 – 09:20

Registration

09:20 – 09:30

Welcome Remarks & Dua

09:30 – 10:50

Topic 1 - Knowledge of Allah

10:50 – 11:10

Refreshment

11:10 – 12:30

Topic 2 - Knowledge of the World

12:30 – 14:00

Lunch Break

Session 2 – The Institutions of Muamalat

14:00 – 15:20

Topic 3 - Money, Markets and Caravans

15:20 – 15:40

Coffee Break

15:40 – 17:00

Topic 4 - Guilds and Contracts

17:00

Q&A

SUNDAY, 1 MARCH 2015

Session 3 – The Politics of Muamalat

09:20 – 09:30

Opening Remarks & Dua

09:30 – 10:50

Topic 5 - The Prohibition of Riba

10:50 – 11:10

Refreshment

11:10 – 12:30

Topic 6 - End of The Fed and Fiat Money

12:30 – 14:00

Lunch Break

Session 4 – Implementation of Muamalat

14:00 – 15:20

Topic 7 - Organisation of Muslim Communities

15:20 – 15:40

Coffee Break

15:40 – 17:00

Topic 8 - Return of Dar-al Islam

17:00

Q&A and Closing



Logo

Presentation Synopsis


The unsustainable global economic system that is based on capitalism and credit currencies is facing imminent collapse. Already, many countries are experiencing the insurmountable challenges of surging national debts and crippling economic crisis - the inherent effects of usurious practices modeled to benefit the few and suppress free & fair trade for the masses. Superficial remedies undertaken by governments only provide temporary relief, increasing the burden for current communities through austerity measures and excessive taxation, whilst delaying the inevitable as an unwanted legacy for future generations.


In the face of this seemingly impossible task to redeem the functional order of societies, it is timely indeed to revisit the equitable and just system of trade that is mandated by Islam - a system collectively known as “Muamalat”. Underpinning this precept is the basic premise that people are given the right to trade with mutual consent. Hence, a complete ecosystem of Muamalat necessarily comprises of components that allow for consensus based commerce, which includes, inter alia, the following:


  • Gold Dinar & silver dirham currencies (the preferred & standardized / sharia-specified mediums of exchange, based on commodities)

  • Wadiah (agency repository & payment services)

  • Souq (open marketplaces)

  • Caravans & caravansaries (transportation & logistics)

  • Qirad (business contracts)

  • Guilds (trade associations)

  • Shirkat (business structures)


As how the current capitalist system with its foundation of fiat financial services are backed by the banking and corporate practices of today, the components that are essential to Muamalat existed and were practiced in the prime civilization of Islam under the Caliphate. Therefore, a return to the golden age of Islam logically calls for Muamalat to be implemented in totality for the benefit of all mankind.


The understanding of the interaction and integration of the various institutions making up Muamalat is a science by itself. The distinct purposes of its elements and prerequisite personnel providing support to its components must also be understood, in order to achieve a comprehensive approach to the implementation of Muamalat for a successful conclusion.


This timely intensive two day course is a primer on the complete concepts of Muamalat, as a guideline for people to address the deficiencies of economics resulting in the anticipated crisis with a worthy alternative. Our readiness to face the looming disaster and prepare for a project of such scale will eventually require the participation and commitment from a range of expertise and figures from various fields of industries, including government authorities, investors, architects, engineers, religious figures, traders, entrepreneurs, managers, hospitality, town planners, etc. to implement Muamalat.


This inaugural session is therefore the start of a turning point towards the coming era of Muamalat. Participation in Muamalat begins with this event and subsequent masterclasses, with pursuing “Muamalat for the Masses” public sessions also planned. Come and join us to be part of the global Muamalat movement.

Presenter Profile


Umar Vadillo


Shaykh Umar Ibrahim Vadillo was born in 1964. After attending the Augustinian College in Navarre he went on to study agronomy at the University of Madrid. While still at university he embraced Islam in 1985. There followed a long period of study on the applications of commercial parameters defined in Islam’s founding legal document – Imam Malik’s Al-Muwatta—modelled on the practices of early Madinah al-Munawwarah society—the sublime principles of which forms the guiding basis of trade for the Ummah up until the fall of the last Caliphate in the 1920s; in comparison to the stark contrast of crippling modern economics. This led to his studies on Zakat, which implied the necessary use of the Islamic Gold Dinar & Silver Dirham.


Vadillo and Dr. Mahathir


In 1991 Vadillo produced a Fatwa on Paper money, a first proper Islamic critique in the last 100 years on the modern monetary system, in which he declares that paper money is an instrument of Riba, and Zakat cannot be paid with it. The following year, 1992, in the Spanish city of Granada, together with his community they minted Gold Dinar coins in accordance with the standards of Caliph Umar ibn Al-Khattab, a first of its kind since the demise of the Ottoman Caliphate. There follows a tremendous journey: he writes and lectures prolifically in the best tradition of Islamic Fiqh on the subject of Muamalat and its application in modern age; his books, articles and speeches have become neoclassical points of reference in the field of Islamic economy; he is the author of “Esoteric Deviation in Islam”, a 1000 page magisterial study on modernist pseudo-Islamic doctrines and movements born in the last 150 years.


Umar Ibrahim Vadillo

Vadillo simultaneously puts his vast knowledge into practice, founding the World Islamic Mint (WIM), the World Islamic Trade Organization (WITO) and the industry-innovating online gold payment system “E-Dinar”, thus giving a resurgent glimmer of hope to halal money and trade. He helped established the founding of Gold Dinar & silver dirham mints in Indonesia, and that was followed by his appointment by the Kelantan State Government in Malaysia to lead the issuance of the Kelantan Gold Dinar & Silver Dirham, which led to widespread adoption and use of the coins in the region. Various Sultanates in the Nusantara have also pledged efforts towards reviving Muamalat along with the minting of Gold Dinar & silver dirham. He has recently lectured extensively in various universities, notably in Morocco, Malaysia, Indonesia, Singapore and Pakistan.


Vadillo and Tuan Guru Nik Aziz

Vadillo’s promotion of the Islamic real-wealth currency was adopted by Dr Erbakan, Turkish Prime Minister until deposed, as well as the late King Hassan II of Morocco who undertook to restore Zakat to its correct legal position, just before his death. His study of Dinar-based finance was also used as a working paper by Dr. Mahathir, Prime Minister of Malaysia, shortly before his retirement.


Shaykh Umar Ibrahim Vadillo

Vadillo is currently engaged in promoting the issue chiefly in Malaysia, Indonesia and Pakistan. He also currently resides in Malaysia.



Vadillo with Irwan ibn Izhar
File photo of Shaykh Umar Ibrahim Vadillo with Irwan ibn Izhar of Dinar dirham ORG
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