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Islam and Money
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Written by Imran Nazar Hosein
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I have never offered a macro-solution to our difficulties in respect of 'money'. I have used the Qur'an and Ahadith to define Sunnah Money and I have suggested that an effort be made to restore Sunnah Money in micro-markets that are relatively disconnected from markets using what I recognize to be bogus and fraudulent paper currencies. Unless governments use unjust force and violence to prevent the use of Sunnah Money in remotely-located micro-markets, I see no reason why we cannot restore in micro-markets a monetary system that has already functioned successfully in the past.
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