Al-Muhajabah's Islamic Blogs: Islam and the gold standard http://www.muhajabah.com/islamicblog/archives/veiled4allah/004890.php When Imad ad-Dean Ahmad talks about "hard currency monetary policy" he's referring to what's known in economics as the gold standard. That is, the value of the currency is tied to the value of gold. Ahmad has written an entire... en-us