Somalia will start printing currency.
https://hiiraan.com/news4/2018/Apr/157762/pm_khaire_somalia_will_start_printing_currency_soon.aspx
How will the bank manage the value?
Will they build a reserve?
Who will buy and trust the new money?
Isn’t interest haram even though it’s a tool to manage a currency?
https://hiiraan.com/news4/2018/Apr/157762/pm_khaire_somalia_will_start_printing_currency_soon.aspx
How will the bank manage the value?
Will they build a reserve?
Who will buy and trust the new money?
Isn’t interest haram even though it’s a tool to manage a currency?