Sharia Gold Standard

[onestone]

Does anyone know if the new Sharia Gold Standard will also apply to silver?  

http://www.goldcore.com/us/gold-blog/shariah-gold-standard-approved-2-trillion-islamic-finance-market/

[Bumble]

According to this Bloomberg report, it applies to silver as well.

https://www.bloomberg.com/news/articles/2016-12-05/gold-standard-approved-for-islamic-finance-opening-new-market-iwbytkoj

Bear in mind that muslims have always been able to buy gold jewelry and coins, so the new standard may not be as big a deal as some commentators suggest.

[onestone]

Thanks Bumble.  That's what I thought but I couldn't find any real confirmation.  I agree with your assessment on the commentators. 

[Daniel]

Our in house researcher wrote a blog on this topic before Christmas, perhaps it might be of interest to you. 

How will changes in Islamic financial advice affect your Gold?

https://www.bleyerbullion.co.uk/how-will-changes-in-islamic-financial-advice-affect-your-gold?blogPostId=139