Tuesday January 18, 2011

Don: Use paper currency, not gold dinar

KUALA LUMPUR: Islamic countries should continue to use paper currency instead of gold dinar, said professor of comparative economic history at International Centre for Education in Islamic Finance Dr Murat Cizakca.

History had shown that the return to coinage system could increase interest rates and inflation would be difficult to control, he said.

Speaking at a public lecture on Islamic Gold Dinar: Myths and Reality organised by Association of Chartered Islamic Finance Professionals and Inceif yesterday, he said money should serve as a medium of exchange, not as a commodity.

“We need to continue with paper currency, and the central banks controlling paper currency should have full autonomy,” he said.

He added that gold supply was dominated by non-Islamic countries.

“The gold dinar will be exposed to speculation as the gold price also has its ups and downs. Islamic countries should continue to use paper currency and increase trade among each other,” he said. - Bernama

Pandangan aku, Profesor tu macam tak percaya dengan kata-kata Nabi aje. Memang betul penggunaan emas akan terdedah pada spekulasi macam duit kertas tapi setidak-tidak nya aku percaya emas akan kekal sampai kiamat. Nak mudah faham cam ni la, aku berani gerenti emas akan wujud sampai kiamat. Pasal apa? Emas disebut dalam Al-Quran. So, mesti kekal la, kalau tidak generasi akan datang tak kenal rupa emas. Sama juga dengan binatang yang disebut dalam Al-Quran mesti takkan "extinct", nanti orang yang baca Al-Quran tak faham pulak binatang apa yang disebut oleh Allah dalam Quran. Contohnya tak salah aku ialah Nyamuk, lebah, ikan paus, lembu etc. So, berbalik pada penggunaan dinar & dirham. Dua logam ni dalam Islam memang diberi penekanan keatas dua logam ni. Siap ada zakat keatas logam emas yang disebut dengan jelas dalam Quran. So, tak rugi kot kalau simpan dinar & dirham. Kalau simpan duit kertas, silap haribulan kena makan dek cik Lipas. So, aku rasa aku lebih prefer simpan emas dan simpan duit kertas.