Islamic State Creates Gold Dinar

Islamic State Creates Gold Dinar

Assessment

Interactive Video

Business, Social Studies, Religious Studies

University

Hard

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The video discusses the Islamic State's use of gold dinar as a currency, rooted in Islamic scripture and ideology. It explores their monetary policy, which rejects modern financial systems in favor of a gold-based economy, and compares it to global monetary utopianism. The video also covers the practical use of gold dinar, trade practices, and the Islamic State's taxation system, which is based on early Islamic practices.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason the Islamic State prefers gold currency over fiat currency?

To avoid international sanctions

To align with Western financial systems

To adhere to Islamic scripture and the Prophet's practices

To increase their wealth rapidly

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Islamic State's stance on interest in financial transactions?

They support it as a means of economic growth

They believe it should be eliminated to adhere to Islamic principles

They see it as a necessary evil

They have no official stance on it

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Islamic State view the global financial system?

As a model to emulate

As a system that needs minor adjustments

As fundamentally flawed and in need of radical change

As irrelevant to their goals

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main ways the Islamic State sustains its economy?

By taxing local commerce and oil trade

By receiving foreign aid

Through international loans

By exporting gold dinars

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is zakat in the context of the Islamic State's fiscal policy?

A charitable tax based on Islamic principles

A tax on luxury goods

A tax on foreign investments

A form of income tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Islamic State justify its fiscal policies?

By aligning with Western fiscal policies

By citing modern economic theories

By following the practices of early Muslims

By prioritizing economic growth over religious principles

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a controversial point discussed in the book regarding the Islamic State?

That it is widely accepted by all Muslims

That it is a modern interpretation of Islam

That it has no connection to Islam

That it is an extreme but scripturally grounded version of Islam