Dinar and dirham: a study on the standard measure value of goods and services during the Prophet Muhammad’s (pbuh) era
This study discusses the appropriateness of the gold dinar and silver dirham as a measure of the value of goods and services. According to Islamic history, this precious metal has been used as a measure of value long before the period of Prophet Muhammad (pbuh). So, the research question here is how...
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| Main Authors: | , |
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| Format: | Indexed Article |
| Language: | English |
| Published: |
2018
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| Online Access: | http://discol.umk.edu.my/id/eprint/7305/1/Dinar%20and%20Dirham%20A%20Study%20On%20The%20Standard%20Measure%20Value%20of%20Goods%20and%20Services.pdf http://discol.umk.edu.my/id/eprint/7305/ |
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| Summary: | This study discusses the appropriateness of the gold dinar and silver dirham as a measure of the value of goods and services. According to Islamic history, this precious metal has been used as a measure of value long before the period of Prophet Muhammad (pbuh). So, the
research question here is how the two metals had been applied as a measure of value at the time of Prophet Muhammad (pbuh). Qualitative data collection techniques and data analysis used in this study through written materials that the Prophet Muhammad himself (al-Hadith).
Finally, the results showed that the two metals are protect the price value (non-inflation) and suitable as a standard measure of the value of goods and services of all time for the welfare and prosperity of all mankind. |
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