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The Islamic gold dinar - myths and reality

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dc.contributor.authorCizakca, Murat
dc.date.accessioned2016-06-06
dc.date.accessioned2016-07-25T20:05:51Z
dc.date.available2016-06-06
dc.date.available2016-07-25T20:05:51Z
dc.date.disclosure2016-06-10
dc.date.issued2011
dc.description.abstractRecently, there have been an increasing number of publications and conferences on the re-introduction of the Islamic gold dÊnÉr, a coin with pure gold content. The phenomenon could even be construed as a campaign. The proponents of this idea, who are known as denarists and are particularly active in Malaysia, advocate that this country, as well as the whole Islamic world, “urgently” return to the Islamic gold dÊnÉr. Their call has gained considerable urgency in view of the latest crisis in the West. But what the denarists are doing is proposing an essentially historical system (coinage was the norm throughout history) without having studied how the system they are proposing actually functioned in history. The main purpose of this article is to fill this vacuum.
dc.identifier.citationCizakca, Murat. (2011). The Islamic gold dinar - myths and reality. ISRA International Journal of Islamic Finance, 3 (1), pp. 49-63.
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/1457
dc.languageEnglish
dc.language.isoen
dc.publisherISRA
dc.rights2011. ISRA
dc.sourceCRP
dc.subjectIslamic gold dinar
dc.subjectIntrinsic value of money
dc.subjectZero rate of interest
dc.subjectDebasement
dc.subjectBarter
dc.subjectInflation
dc.subjectGresham’s law
dc.titleThe Islamic gold dinar - myths and reality
dc.typeJournal Article
dlc.maintopicIslamic finance
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicIslamic finance
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