The Mechanism of Gold Dinar (Nuradli Ridzwan Shah Bin Mohd Dali)
Description
ISBN: 983065169X
Author: Nuradli Ridzwan Shah Bin Mohd Dali, Bakhtiar Alrazi, Hanifah Abdul Hamid
Publisher: A S Noordeen (2004)
Pages: 117 Binding: Paperback
Description from the publisher:
This book is a sequel of the article entitled "The implementation of Gold Dinar: Is it the End of Speculative Measures?" as published in the Journal of Economic Cooperation, SESRTCIC, Turkey volume 23, July 2002, No 3. It is a response to the questions of many on the feasibility of its implementation. Thus, the authors provide 2 instances of the mechanism of gold Dinar, namely Bilateral Payment Arrangement - Letter of Credit as proposed by the Malaysian Government as well as the facilities potentiality provided to the domestic users initiated by companies like E-Dinar. Both mechanisms are described together with the respective advantages and disadvantages.