The Theft of Nations: Returning to Gold |
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... system , Islamic banking also faces problems in attempting to realize its own identity , distinct and independent from the conventional interest - based banking . Islamic banking and finance are linked to the present conventional banking ...
... system , Islamic banking also faces problems in attempting to realize its own identity , distinct and independent from the conventional interest - based banking . Islamic banking and finance are linked to the present conventional banking ...
Page 33
Returning to Gold Ahamed Kameel Mydin Meera. Colonial Banks Colonialists were responsible for establishing the banking systems in the countries they colonized . Fiat money , interest charges and the fractional reserve banking system were ...
Returning to Gold Ahamed Kameel Mydin Meera. Colonial Banks Colonialists were responsible for establishing the banking systems in the countries they colonized . Fiat money , interest charges and the fractional reserve banking system were ...
Page 58
... banking systems . Note the dynamics of the Islamic banking system from its inception . Originally , it was meant to be a profit sharing banking . But later it concentrated on basically contracts that ' lend ' money — murabahah , ijarah ...
... banking systems . Note the dynamics of the Islamic banking system from its inception . Originally , it was meant to be a profit sharing banking . But later it concentrated on basically contracts that ' lend ' money — murabahah , ijarah ...
Contents
Stakes in the Current Global Financial System | 3 |
SeigniorageThe Instability and Unjustness of the Fiat | 29 |
The Theft of Nations | 43 |
Copyright | |
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2002 International Conference Allah arbitrage arbitrage profits banking system basically benefit bilateral borrow cash flow cent central banks collapse complementary currencies Conference on Stable countries create money current monetary system debt default depreciate developing nations Diagram domestic transactions e-dinar economy example exports fiat currencies fiat monetary system fiat money system financial system floating rate market foreign exchange risk futures contract Gago and Sago Global Monetary System gold as money gold coins gold payment system gold price governments hedging Hence implement the gold increase interest charges interest rate international financial institutions international reserve currencies international trade intrinsic value Islamic banking Islamic Gold Dinar KLIBOR Kuala Lumpur loans Malaysia million gold dinar money created money creation money supply multilateral trade multiple deposit creation national currencies problems reserve currencies reserve requirement ringgit rupee seigniorage Singapore dollar speculation and arbitrage Sukus thereby U.S. Dollar wealth and sovereignty