The pre‐eminence of gold and silver as Shariah money
Volume: 61, Issue: 5, Pages: 821 - 835
Published: Mar 20, 2019
Abstract
Shariah money is gold and silver, supplied by the market on profit criterion. Everywhere, government inconvertible paper money arose from bankruptcy. A government with balanced budgets would never need it. Imposed by force, inconvertible paper is a taxation mean, highly inflationary, and causes impoverishment. Unjust and bankrupt governments will continue to force this despotic money. Islamic Monetary Economics refutes the idea of money as a...
Paper Details
Title
The pre‐eminence of gold and silver as Shariah money
Published Date
Mar 20, 2019
Volume
61
Issue
5
Pages
821 - 835
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