The New World Order of Islam — Page 92
New World Order 92 he will have to pay Zakat on it at the rate of 2. 5% per annum, so that gradually the money will begin to disappear in payment of the tax. Every normal person, therefore, is compelled to invest his money and to put it into circulation so that he may be able to meet the assessment out of the profit earned. This results in a double benefit to the community as it secures the circulation of wealth and thus provides employment for all sections and in addition secures 2. 5% of the capital and the profits made for the benefit of the poor. Under the stress of war conditions many people in this country are beginning foolishly to hoard gold and silver with the result that the prices of these metals have risen very high. The poorer sections are being forced to part with what little of these precious metals they may have accumulated in order to provide for their daily needs, and sometimes merely because they are tempted by the high prices which at present rule the market. On the other hand, these metals are being hoarded by bankers, money-lenders and others who fear that in the case of a Japanese invasion of the country, currency notes would become valueless. They do not realise that in the event of a successful Japanese invasion they will be deprived of all their accumulated gold and silver. Whatever the reason, the price of gold and silver is being forced up and poorer sections of the people have had to part with even the