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Scientifically, rationally and logically correct measurement and accounting not possible unless unit of measurement/accounting is clearly defined (constant) quantity of what is measured and...
06 March 2025 3,012 2 View
Everyone understands that what matters is reality and not the name and yet we seem to have forgotten accounting in real terms and especially for dues. profit and loss all accounting and...
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To comprehend the Hikmah (wisdom) regarding strict Islamic prohibition of Riba we do need to know net real average global return from investments. It is therefore requested to kindly provide a...
19 June 2023 9,078 0 View
Islamic Money During the period of prophet (may peace be on him) not only Dinar and Dirham but also some homogenous commodities e.g., wheat and barley and dates were used as money. These derived...
09 July 2021 9,450 3 View
MONEY AS MEASURE OF VALUE scholars is that common medium of exchange need not be a just money or else they will not allow monetary manipulation that is any monetary or fiscal action that reduces...
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methods based on false assumptions is one of the primary sources of dominance of fraud and corruption in prevailing interest driven economic system. ,use of ree floats as unit of account of value...
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