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The preāeminence of gold and silver as Shariah money.
- Source :
- Thunderbird International Business Review; Sep2019, Vol. 61 Issue 5, p821-835, 15p, 1 Chart, 1 Graph
- Publication Year :
- 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 policy tool. Fully convertible paper is Shariah compliant. Shariah requires a just government to balance its budgets and restore fully gold and silver as lawful money. [ABSTRACT FROM AUTHOR]
- Subjects :
- PAPER money
SILVER
GOLD
BANKRUPTCY
Subjects
Details
- Language :
- English
- ISSN :
- 10964762
- Volume :
- 61
- Issue :
- 5
- Database :
- Complementary Index
- Journal :
- Thunderbird International Business Review
- Publication Type :
- Academic Journal
- Accession number :
- 137906673
- Full Text :
- https://doi.org/10.1002/tie.22040