“Gold and Silver, The Colour of the Shariah-Compliant Money” by Hajj Ahmad Thompson
The Big Question: Is paper money Shari’a Complaint? An I.O.U. is not Shari’a Compliant Means of Exchange. From a Shari‘a perspective, the return to the use of gold and silver currencies will not be an attempted escape back to the past, but rather it will be a recovery of sanity and true economic stability – and once established it will then and only then be possible to have truly Shari‘a compliant financial products, in substance as well as in name.
