#Investing In #Gold: a Game Changer for #Islamic Finance?
Mohammad Daud Bakar says gold will be a game changer as a commercial asset, investment asset and hedging asset as well. There is now an attempt to put Sharia standard on gold, this will remove the worries of the scholars and regulators. Mohammad Daud Bakar believes the asset classes have to be expanded and Islamic banking shouldn't rely so much on commodities.
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