Shariah Gold Standard Is ‘Revolutionary’ – Mobius

Jon Economy, Gold, Market Commentary, Precious Metals

Shariah Gold Standard Is ‘Revolutionary’ Says Mark Mobius One of the world’s leading investors, Mark Mobius told a gold conference in Dubai that the new ‘Shariah Gold Standard’ is both ‘innovative and revolutionary’ and importantly will bring ‘transparency’ to the physical gold market which suffers from a lack of trust.
***
The executive chairman of Templeton Emerging Markets Group was speaking at the ‘Gold in Islamic Finance’ conference organised by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), the World Gold Council and Amanie Advisors and held in Dubai last Thursday.
‘This standard is a God send. We have a global standard for gold. This is innovative and revolutionary’ said Mark Mobius.

This post was published at Gold Core on December 14, 2016.