Regrettably, this step remains far from adequate. Against this abhorrent backdrop, the public urgently requires a united front from all of the nation’s components to share concern and hope. We all feel troubled by the crises we are facing.
Islamic System overcomes the deficiencies of both the systems as it is solidly based on private property and market mechanism but has also explicitly built in equity and distribution through compulsory deduction of Zakat i.e. transfer payments from the asset holders to the poor segments of the population.