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 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 […]
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 […]
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 […]
China has been pushing for the internationalisation of its currency, the yuan, for years. Recently, a major milestone was reached as the yuan surpassed the US dollar in cross-border payments in China. This marks a significant moment in China’s efforts to reduce its dependence on the US dollar and establish the yuan as a global […]
Rumours have been circulating that Saudi Arabia is vending oil in exchange for yuan, which is then converted into gold on the Shanghai International Gold Exchange (SGEI). This move could be considered reasonable as numerous countries seek to reduce their reliance on the US dollar, but the renminbi is not a suitable replacement for the […]
Stanley Druckenmiller, a billionaire investor and former right-hand man to George Soros, has made a high-conviction bet against the US dollar. He cites his negative view of US policymaking as the reason for his confidence in the move. Druckenmiller believes that the US dollar, which has already declined by 10% since its November peak, has […]
Introduction The banking sector has always been a vital component of any economy. The recent news of the First Republic Bank’s near collapse has raised concerns about the possibility of another banking crisis. The First Republic Bank is one of the largest and most influential banks in the country, and its failure could have significant […]
Introduction The banking industry is experiencing an era of change with the emergence of digital banking, and First Republic Bank is no exception. First Republic Bank is considering selling up to $100 billion worth of assets. In this article, we’ll explore the reasons behind the bank’s decision and the implications of such a move. Why […]
Introduction As the world continues to experience rapid digital transformation, investors are constantly searching for ways to secure their wealth. In recent times, gold has become a popular investment choice for many people, especially crypto investors. According to recent reports, the search for ‘how to buy gold’ on Google has hit an all-time high as […]
