What is it about?
The paper deliberated on some possible alternative forms of gold as money and then evaluated some obstacles and barriers in the hope of finding the best model of gold as money to be implemented in the current economic system.
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Why is it important?
The idea of revisiting currency and gold dinar from an Islamic standpoint as done in this paper is an interesting discourse in the current monetary system. The literature survey included historical aspect, supremacy of gold currency and the weakness of fiat money.
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This page is a summary of: Is Gold Dinar the Appropriate Money in Islam ?, Journal of Islamic Finance, January 2017, Al Manhal FZ, LLC, DOI: 10.12816/0047341.
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