بسم الله الرحمن الرحيم Answer to Question The Fluctuations in Gold PricesTo: Ahmed Saeed(Translated) Question: Assalam Alaikum Wa Rahmatullah Wa Barakatuh our esteemed Sheikh I hope this question reaches you in good health and well-being. I ask Allah (swt) to guide you in upholding His Deen and implementing His law. My question is: We have … Continue reading Q&A: The Fluctuations in Gold Prices
Tag: Fiat
Fiat Money and Zakah
Question: The following came in the book of Funds, in the second paragraph of p. 174 “and these reliable (covered with gold) banknotes consider the covered ratio of them as representative banknotes ……… ….. (and it says at the end of the paragraph) …..if they did not amount to forty dinars, then there is no … Continue reading Fiat Money and Zakah