A Monthly Newsmagazine from Institute of Contemporary Islamic Thought (ICIT)
To Gain access to thousands of articles, khutbas, conferences, books (including tafsirs) & to participate in life enhancing events

Keyword: US Dollars

Showing 1-2 of 2
Daily News Analysis

China’s yuan goes global in challenge to US dollar

Crescent International

Dhu al-Hijjah 26, 14362015-10-10

Has the US dollar finally met is match as a global reserve currency? Since the Second World War, the dollar has held sway thereby boosting America's economy but as with its military, so with its currency, challengers have emerged. China has made a strong presence by introducing an alternate currency clearance system through the China International Payment System to bypass the European-based SWIFT. Is the US dollar about to lose its clout...

News & Analysis

Iran, Russia sign 70 billion euro trade deal

Tahir Mahmoud

Dhu al-Hijjah 06, 14352014-10-01

Islamic Iran and Russia have signed a massive trade deal that would be conducted in their local currencies bypassing the US dollar. Countries around the world are getting fed up with US policies and are abandoning trading in dollars.

Showing 1-2 of 2

Sign In


Forgot Password ?


Not a Member? Sign Up