Some findings of Mr. Adnan Oktar on the economic crisis

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18 February, 2018

Turkish Islamic Union

Morality of the Qur'an and Deep Thinking

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- To reduce the interest rates to zero.

- To return to a banking system known as Islamic banking.

- To lower taxes dramatically.

- In order for us not to be affected by events overseas, dollars and euros are not to be used. Purchasing should not be done with dollars. Turkish currency should be used.

- Not to hide away money at home. To set the money in motion and in particular to release the huge amounts of money hidden away into the market. The very wealthy must not keep large sums of money back, they must release it into the market.

- Not to hold back gold. To release the gold into the markets and make use of.

- To make constant emphasis of exports. To freeze the imports as much as possible. Not to make imports except of things that are really essential.

- To have Turkey to have a conception of production that is more than sufficient and can also engage in exports.

- To make the banks be more understanding and be willing to spread loans out over longer periods. To raise it to 20, if the postponement period is 10 months.

- To make raise the salaries of the poor.

- To make the services given in the hospitals to be free. To provide the poor people to have free medical examination.

- To fairly decrease the charged medical examinations and to meet this need of the public easily

- To support the pharmaceutical industry.

- To reduce the medicine prices considerably

- To provide free medicine to the poor people.

- To give importance to both agriculture and stockbreeding and even to poultry raising.

- To support all forms of industry that indirectly support agriculture and stockbreeding

- To open up fallow land to agriculture as quickly as possible.

- To encourage the unemployed in that direction, and very quickly.

- To support the energy sector very well.

- To provide the credit to be given to pharmaceutical industry, hospitals, agriculture and breeding, and energy sector

- To support the food sector in a serious way.

- Not to support the production of luxury goods at all.

- To paid great attention to economic measures.

- To eradicate the waste completely.

- To use the food stocks in the best way.

- To be generous. To help the poor, even if only a little.

- To pardon the debts of those who cannot pay them.

- To make things easier for those of our brothers who will bring money in from abroad. Not to impose any taxes when our brothers in Germany and abroad bring their Money to Turkey.

- To put one's trust in Allah. Not to panic or look at events from a concern for the future.

(EXCerpt from mr. Adnan Oktar's 04.12.2008 dated Kaçkar TV ıntervıew)

--- This economic crisis is also a sign of Mahdi’s appearance. That is to say as a result of this economic crisis the Turkish-Islamic Union will become even stronger and develop even better. And this economic crisis will become a means for the Turkish-Islamic Union. If we wait for a while, this will be seen, inshaAllah.

---The most important event right now in Turkey is this economic crisis. This is a sign stated in the Surah Yusuf. Because Allah attracts our attention to the number 7 in Surah Yusuf. There is a sign for 7 years of famine and a 7 another year of affluence in the Qur’an. The event is locked with 7. The economic crisis started in 2007. My conviction is that, Allah knows the truth, it will continue until 2014. In the Surah Yusuf, our attention is attracted to agriculture and stockbreeding. There is also the issue of taking measures against the economic crisis in the Surah Yusuf.

--- Importance should be given to both agriculture and stockbreeding. And even to poultry raising. Interest should be drawn down to zero, the taxes should be decreased considerably, and lots of money should be distributed to the poor; that is to say, distributing money by making a raise in their salaries, and the market should be accelerated by ensuring a raise in their purchasing power. Aside from this, if possible, services given in the hospitals should be free. Poor people should have access to free medical examination. When medical examinations are charged, they should be fairly decreased and this need of the public should be met easily. Pharmaceutical industry should be supported. That is to say, medicine prices should be reduced considerably, and the poor people should have access to free medicine. These are issues of vital importance. In these issues, the government should take measures against the crisis. If credit will be provided, these should be given to pharmaceutical industry, hospitals, agriculture and stockbreeding, and energy sector. These are vitalmatters.Once these areensured, by Allah’s leave, our nation will survive this crisis very easily.But intensive measures should be taken. And these should be taken without delay. If it is delayed, it may be very difficult, it may be very troublesome, I think.

--- Foreign capital may sink. In other words, companies producing luxury materials may go bankrupt. That is, it seems so. Everything related to luxury consumption may experience a collapse. Yet these vital items, the ones I counted are extremely important. If the state would give some credit, if banks would provide credits, these sectors should be seriously supported. And even the state may need to directly work on the sectors of agriculture and breeding.

EXCERPT FROM MR ADNAN OKTAR’S 21.11.2008 LIVE INTERVIEW WITH KAÇKAR TV

--- Let me say this in all humility, the greatest importance must be attached to agriculture from now on, the greatest importance must be attached to stockbreeding, this may be in the form of large animals or poultry, but everyone engaged in this needs to be seriously supported by the state. And the state itself should be actively engaged in the field. Agriculture needs to be supported right across Turkey. In other words, it is these two fields in particular, rather than others, that must be supported, and all forms of industry that indirectly support agriculture and stockbreeding must also be supported. It may be agricultural chemicals. Or tractors and combine harvesters, and the state must provide top rate support for the production of these and everyone concerned with them.

--- Great attention must be paid to economic measures. Waste must be completely eradicated, and this must be comprehensively implemented. This must be taken in hand as a matter of great urgency. In addition, the best use of food stocks is essential, by which I mean their proper use and the avoidance of waste, because wasting food is widespread in Turkey today. Huge amounts of food are wasted in workplaces in particular. This must be stopped at once. Food is generally thrown away in larger workplaces. That is a grave threat. It must be stopped at once.

--- In addition, the production of luxury goods should not be supported at all. In other words, let people who are concerned with luxury goods manufacture them themselves. That might be agreeable. It is very important to put one's trust in Allah; people must trust in Allah and not panic or look at events from a concern for the future.

--- And generosity. Helping the poor, even if only a little. It is very important to give alms and help others, for example, it is very important to pardon the debts of those who cannot pay them. If someone cannot pay his debts, it is quite wrong to go and confiscate all his property. If people really cannot pay, if they really do not have anything to pay with, Allah tells us in the Qur'an to "make a free gift of it." In other words, He tells us in the Qur'an that pardoning the debt will be most acceptable if they cannot pay. We must not take their property away. That is a good deed and an excellent moral virtue.

--- In addition, the bonds of brotherhood must be strengthened. There is unnecessary disputation, and there should be no needless political quarreling. This is particularly important in the present day. Everyone must regard everyone else as brothers, even if they are communists or hold other view. That is because if Allah created someone as a communist, that is their destiny. They will account for themselves to Him in the Hereafter, and we are in no position to punish them or to regard them in any other way in this world. They are also our brothers, they are also servants created by Allah. We must therefore take this crisis in particular very seriously. This is something important. And its impact on the world will also be very important. And Allah knows best, of course.

--- I think that stockbreeding should enjoy separate state support. I think the food sector should be seriously supported.

--- And energy. I think the energy sector in particular should be very well supported.

--- And if possible, if state resources suffice, the incomes of low-income earners should be comprehensively raised. That will really reinvigorate the markets. I think it would be a very good thing to raise wages considerably on a one-off basis, or even a few times, as a temporary measure to prevent market stagnation.

--- Banks must take the subject seriously. Interest rates should be reduced to zero.

--- It would also be a very good thing to lower taxes dramatically. Taxes should be seriously reduced. People are in any case only just able to engage in production. Taxes are high at the moment. It would be a very good thing to seriously lower taxes now.

--- And we must make things easier for those of our brothers who will bring money in from abroad. I think perhaps a 1 percent tax should be imposed, tax reduced to just 1 percent, and money permitted to enter the country with no formalities being applied.

EXCERPT FROM MR. ADNAN OKTAR’S MPL TV INTERVIEW (NOVEMBER 2008)

- The reason for this economic crisis is the halting of goods, the halting or freezing of capital, the freezing of production. In other words, people are holding onto their money out of worldly greed and concern. Manufacturers are stopping production, saying "just in case I cannot sell my products, get or borrow money." "Let us keep it stored away, just in case, and prices will go up in any case." Potential purchasers say "let us hold on, as prices may go up or down." Thus a mass death takes place.

--- The way out of the crisis is to do away with the interest system; in other words, the return to a banking system known as Islamic banking. Everyone has seen that this has been successful in England and in America. This is the only banking system not being affected by the crisis at the moment. And everyone is borrowing from there at the moment. It is being looked at in America and England and Europe. They are thinking of moving over to it, to Islamic banking. That is the first.

--- Second, taxes need to be reduced. They need to be brought down, at least temporarily. Taxes are very high. That would enormously stimulate production.

--- Third, there must be a high money supply for the markets. In other words, salaries of workers and civil servants must be raised, even if only temporarily, just for a time. And spending must be encouraged. Don't hang on to your money, go out and buy. Consumption must be encouraged, in other words.

--- And this is also a moral question, of course. Education. Trusting in and resignation to Allah. Freeing oneself from fear for the future. Avoiding that unease. And being honest.

--- But beyond all, pardoning the debts is mentioned in the Qur'an. That is essential in the fundamental system. The heart of the matter. Pardoning the debts. If these can be brought about and, most particularly, visa requirements are lifted, the result will be an astonishing wealth. Forget about the economic crisis then. Everything will totally change. Goods will flow like water.

--- For one thing, human beings are spiritual entities. It is important that their spiritual strength should not be broken. They need to maintain an optimistic and joyous state of mind, that is resigned to and trusts in Allah and that knows that Allah will create the future. They must place their trust in Allah and be very honest. That is very important in this framework.

--- But let me also say that this crisis can be quite risky. I mean, this is what needs to be done: stockbreeding and agriculture need to be emphasized and given the priority. Stockbreeding and agriculture. In other words, the state should give ten times as much support as it does to other institutions. Agriculture and stockbreeding. They need to be given enormous support. In other words, agricultural and livestock production needs to be raised by three or five times. This is a great precautionary measure, and a very powerful one. Attaching priority to agriculture and livestock-raising will prevent any unwelcome developments in the future.

--- Apart from that, a spirit of unity and togetherness and solidarity.

--- People must be encouraged in order for capital to be set in motion again. Money must not be hidden away at home. It must be set in motion and huge amounts of money hidden away in particular have to be released. It must be made available to the market. The very wealthy must not keep large sums of money back. They must release it into the markets. And that money must be used.

--- Gold must not be held back. Gold must be released onto the markets and made use of. The response to that, as you know, is printing money. Gold must not be held back.

--- Our brothers in Germany and abroad must be able to bring their money to Turkey without any taxes being imposed. Taxes are imposed at the moment, as you know. It must be brought in with no taxes. Packed into bags or cases and brought here. Simple as that. They need to be able to say they have brought their money here with no questions asked. And why should it be taxed?

--- For example, banks should be more understanding and be willing to spread loans out over longer periods. From 10 to 20, for example. If the postponement period is 10 months, it should be raised to 20. Relaxation. There will be massive reinvigoration once this contraction has been resolved.

--- And not to purchase with dollars. Not to use dollars and euros. In other words, Turkish currency should be used. In order for us not to be affected by events overseas.

--- The constant emphasis of exports. Imports being frozen as much as possible. In other words, no imports except of things that are really essential. But non-stop exports. These things can be highly beneficial.

--- This is a matter that needs to be considered in two stages. There is one aspect that needs to be dealt with urgently. That includes, for instance, fertilizer production and the development and strengthening of tractor factories. The provision of sufficient credits for the producers of seeds, wheat and other fruits and vegetables, though those credits must be supervised. Where are they being used?

--- Fallow land must be opened up to agriculture as quickly as possible. Stocks must be brought in from overseas. Stockbreeding must be developed and improved by bringing in livestock of various kinds. These are the urgent issues. These are vital as groundwork when it comes to making use of all kinds of empty land.

--- In the second stage, there are the measures I have already cited. But a spirit of brotherhood, enthusiasm and excitement are very important in all these. Otherwise people will be worn out. Someone in a state of fear will not give over any money. But people in a state of brotherhood will never even consider such things. In other words, if people know that the state and everyone around them will treat everyone else in a friendly and brotherly manner, in other words, if they realize that savage capitalism does not apply, then they will be much freer in spirit. The burdens they are laboring under will vanish. This is most important. At present, people are closing their workplaces, selling what they have and locking themselves away indoors. And not buying anything. That means turning one's back on life. It means putting life on hold. Whereas what they need to do is struggle and endeavor. But here, all our citizens, the state, the banks and everyone all need to engage in brotherly solidarity.

--- And the interest system in particular must be eliminated.

This would be a crucial requirement. This is not something that the European Union or America or Russia can afford to relax over. Allah forbid, that would lead to terrible developments that would bring with them the danger of famine. In other words, there is no room for debate here. No matter who, the European Union or anyone, opposes it we must not listen.

--- Agriculture must be developed to the fullest possible extent. And the unemployed need to be encouraged in that direction, and very quickly. And wonderful employment areas can be opened up. The goods produced must be processed. Wheat is processed in one way, for instance, and barley, rye and potatoes in others. Many more branches of industry need to be established to that end. This means new spheres of employment. It is madness for the European Union to make such a suggestion, and there can be no question of any such thing being accepted. We need perfect agriculture and perfect stockbreeding.

--- And Turkey needs to have a conception of production that is more than sufficient and can also engage in exports. Once that is done it can then protect its own independence and it will be easy to expand the economy. Security will be established at the grass roots, in other words, and this is very important. But, Allah protect us, very dangerous developments may happen if these things are not brought about.

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Some findings of Mr. Adnan Oktar on the economic crisis