1. Introduction Islam is not just a religion but a way of life that covers all aspects of human life, including finance and economics. The Qur’an and Sunnah have provided guidelines for economic activities, and Islamic finance is based on ethical and moral values. One of the most important aspects of Islamic finance is the […]
The Biggest Deal in Gold Mining History: Newcrest Mining’s Proposal to Take Over Newmont
Introduction The gold industry is currently experiencing a surge in activity, with many major players looking to expand their operations through mergers and acquisitions. One such deal that has captured the attention of industry experts is the proposed takeover bid by Newcrest Mining for Newmont, which would be the biggest deal in gold mining history […]
Another one bites the dust: Frenzied Bank Runs > PACWEST Bank Collapses
The banking system is an integral part of modern society, facilitating financial transactions, providing loans and investments, and supporting the economy. However, financial institutions can experience crises that threaten their stability and impact the wider economy. One such crisis is a bank run, which occurs when depositors lose confidence in a bank and demand to […]
Why Gold Should Be Your First Portfolio Pick In A Recession
As an investor, it’s always important to diversify your portfolio and find assets that can withstand market fluctuations. One asset that has proven to be a safe haven during times of economic uncertainty is gold. In this article, we’ll explore why gold should be your first portfolio pick in a recession. Table of Contents Understanding […]
New FED Rate Hike Makes the Gold Dinar a very Attractive Investment
Introduction The Federal Reserve System, commonly referred to as the Fed, is responsible for setting monetary policy in the United States. Recently, there has been a lot of buzz surrounding the potential for the Fed to raise interest rates, which could have significant implications for investors. In particular, a Fed rate hike could make the […]
United Arab Emirates (UAE), Saudi Arabia, Qatar, Oman, Bahrain and Iran Ready To Join BRICS
he BRICS group is an alliance of five developing nations: Brazil, Russia, India, China, and South Africa. The acronym BRICS is derived from the first letter of each of these nations. Since its inception in 2009, the BRICS group has been making significant strides in the international political and economic arena. In recent years, the […]
The Resurgence of Sunnah Currency: The Gold Dinar & Silver Dirham
Introduction The concept of Sunnah currency has been gaining traction among Muslims in recent years. Sunnah currency refers to the gold dinar and silver dirham, which were used as currency during the time of the Prophet Muhammad (PBUH) and his companions. The use of Sunnah currency is seen as a way to bring back the […]
Natural Resources, Debt, and the Power of Gold: How They Shape Economies and Societies
Natural resources are what transform economies and societies. Debt is what traps countries and people. People are waking up to the importance of commodities, and countries are waking up to the power of gold. In this article, we will delve into the role that natural resources, debt, and gold play in shaping our economies and […]
Islamic Coin: The Resistance of Muslim Countries to Mint Sunnah Currency Gold Dinar & Silver Dirham Coins
Sunnah Currency has encountered a significant amount of opposition, in particularly, by state-owned gold refineries in Muslim countries that refuse to mint the gold dinar and silver dirham coins, specifically the kind that were commissioned under the edict of Umar Farooq (RA), any coins with the inscription ‘Dinar or Dirham’ on them, or weights commissioned by […]
Argentina to pay for Chinese imports in yuan ditching the dollar
Introduction Explanation of the topic Brief background information Importance of the decision Purpose of the article Understanding the new payment system Explanation of the new payment system Benefits of using yuan instead of dollars Comparison of yuan and dollar Impact on Argentina’s economy Argentina and China’s trade relations Overview of trade relations between the two […]