The pre‐eminence of gold and silver as Shariah money
N Krichene, HB Ghassan - Thunderbird International Business …, 2019 - Wiley Online Library
N Krichene, HB Ghassan
Thunderbird International Business Review, 2019•Wiley Online LibraryShariah 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 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 …
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.
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