Abdur Rahman ibn Yusuf Mangera – Cost of Living Crisis
AI: Summary ©
The speaker discusses the difficulty of providing financial stability to people, particularly when faced with personal and family struggles. They suggest that the modern economical system is designed to make people feel less worth while and that individuals should focus on devalued assets like cryptocurrencies and cryptocurrencies, rather than just devalued assets like Bitcoin. The speaker also mentions courses on managing money and reading books to gain more knowledge about Islam.
AI: Summary ©
To help them find solutions for financial stability.
Likewise, it's not just for that, but it's
for personal needs.
If someone is experiencing difficulty in providing for
their family, it's got nothing to...
I mean, it's gonna have something to do
with your job, but it could be, you
might be self-employed.
You might be trying to do your own
little, you know, halal side hustle or something.
And it's just providing difficulty.
It's just, I think Razaq, Ya Razaq, Ya
Razaq, Ya Razaq, is something that I think
a lot of people need to be doing
today because a lot of people are struggling
with the way inflation is going, the way
things have become so much more expensive in
the last five years.
I don't know where things are going.
This modern economical system does not work.
The way it's trained to be, the way
it's designed to be, is that your thousand
pound from two years ago, what you could
have bought two years ago with your a
thousand pound two years ago in your bank,
you couldn't buy that last year.
And this year, it's worth even less than
that.
So, it's designed to, if you save any
money, it's actually designed to just, because of
inflation and other things, it's designed to become
more devalued.
And everybody's stuck in that system.
Pretty much everybody's stuck in that system.
Except the few people who buy gold and
crypto coin, I mean, Bitcoin and so on.
Bitcoin is actually trying to go against that.
Bitcoin is trying to stabilize that.
I know it's had lots of fluctuation because
of its initial introduction in the market and
so on.
But otherwise, Bitcoin is an antithesis to that
because it's limited.
Governments can't produce, or nobody can produce more
of Bitcoin except the limited amount that they
have designed.
Whereas governments can produce more money, there's more
money in the market.
Because there's more money in the market, people
can buy more.
So, people have to produce more and then
the supply just increases and prices increase.
So, a lot of people are finding a
lot of difficulty.
Holding two jobs, there's people crying even with
two jobs, husband and wife both working.
Of course, some of it is to do
with lifestyle decisions.
What the way they've chosen to live, what
kind of furniture they've chosen to have, what
kind of gadgets they think they need, what
kind of holidays they have to take.
So, one has to be very careful.
So, personal needs, Ya Razzaq, we need Ya
Razzaq.
We need Ya Razzaq, Ya Razzaq.
The point of a lecture is to encourage
people to act, to get further, an inspiration,
an encouragement, persuasion.
The next step is to actually start learning
seriously, to read books, to take on a
subject of Islam and to understand all the
subjects of Islam at least at their basic
level so that we can become more aware
of what our deen wants from us.
And that's why we started Rayyan courses so
that you can actually take organized lectures on
demand whenever you have free time.
Especially, for example, the Islamic Essentials course that
we have on there, the Islamic Essentials Certificate
which you take 20 short modules.
And at the end of that, Inshallah, you
will have gotten the basics of most of
the most important topics in Islam and you'll
feel a lot more confident.
You don't have to leave lectures behind.
You can continue to listen to lectures but
you need to have this more sustained study
as well.
Jazakallah Khair Assalamualaikum Warahmatullahi Wabarakatuh