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The Fiqh of Transitioning to the Gold & Silver Standard

The following are answers to several questions related to the future Khilafah state and the transition of the current currency to the Gold and Silver Standard.  1. Question:  Is it permissible in Islam for the Khilafah to partially back its currency during a transitional period on the justification (if it is so) that it does not have the capacity (in reserves) to maintain 100% convertibility. In terms of the US, this would mean that it could partially back (at around 20%) all of its currency at the current rate, without having to change that parity or endure the negative effects associated with this. This would grant it the stability it would need to expand its reserves (through various means) so that it can gradually move towards a 100% backed rate. Answer:  For the state to issue a gold and silver based currency it will have to depend on the availability of these metals in its treasuries. In addition to this the state will also have to attain the available gold and silver f

Accounting the governors of the Caliphate

Administrative Divisions of the Caliphate The Caliphate is divided up administratively to aid the Caliph in the task of ruling. Administrative divisions exist in all states today differing only in size and name. The territories which the Islamic State rules over are divided into provinces where each province is known as a  wiliyah . The provinces are in turn divided into districts where each district is known as an  i’mala . The person appointed over the province is called a governor ( wali ) and the person appointed over the district is called a mayor (‘ amil ) or ruler ( hakim ). 1 Importance of Accounting the Governors and Mayors For the citizens of the Caliphate, their first point of contact with the leadership of the state is the governor and the mayor. The governor and mayor are managing people’s day to day affairs on a local and regional level. If the governor is oppressive then this affects people’s daily lives more than any other government official including the

“And [yet], among the people are those who take other than Allah as Rivals [to Him]"

From the Book, Introduction to the Tafseer of the Quran,  by Ata Bin Khalil Abu Al-Rashtah: وَمِنْ   النَّاسِ   مَنْ   يَتَّخِذُ   مِنْ   دُونِ   اللَّهِ   أَندَادًا   يُحِبُّونَهُمْ   كَحُبِّ   اللَّهِ   وَالَّذِينَ   آمَنُوا   أَشَدُّ   حُبًّا   لِلَّهِ   وَلَوْ   يَرَى   الَّذِينَ   ظَلَمُوا   إِذْ   يَرَوْنَ   الْعَذَابَ   أَنَّ   الْقُوَّةَ   لِلَّهِ جَمِيعًا   وَأَنَّ   اللَّهَ   شَدِيدُ   الْعَذَابِ   – إِذْ   تَبَرَّأَ   الَّذِينَ   اتُّبِعُوا   مِنْ   الَّذِينَ   اتَّبَعُوا   وَرَأَوْا   الْعَذَابَ   وَتَقَطَّعَتْ   بِهِمْ   الأَسْبابُ   – وَقَالَ   الَّذِينَ   اتَّبَعُوا   لَوْ   أَنَّ   لَنَا كَرَّةً   فَنَتَبَرَّأَ   مِنْهُمْ   كَمَا   تَبَرَّءُوا   مِنَّا   كَذَلِكَ   يُرِيهِمْ   اللَّهُ   أَعْمَالَهُمْ   حَسَرَاتٍ   عَلَيْهِمْ   وَمَا   هُمْ   بِخَارِجِينَ   مِنْ   النَّارِ “And [yet], among the people are those who take other than Allah as Rivals [to Him]. They love them as they [should] love Allah. But those who believe are stronger in love for Allah. And if only t