• Kewangan Islam

    What can we expect from Shariah Standard on Gold?

    By: Dr. Mohd Daud Bakar There is no point of developing a standard, any standard for that matter, if it is of no use for the humanity or special community living on this planet. The same is true with a Shariah standard. Any standard which is to be developed must have a clear set of deliverables in terms of its relevance and impact. What are these deliverables? The following points are based on my own intuitive understanding or perhaps, to some extent, expectation and aspiration. The most important aspect that this standard aspires to achieve is to dispel the prevailing understanding in the community that gold is a usurious or…