The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.)

The purpose of this article is to discuss the situation of the monetary system and the factors which affected its stability during the fifty years before the fall of the Mamluk kingdom in 922A.H./1517A.D. The discussions are based on the textual sources, numismatic evidence and modern analysis. In o...

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Main Author: Wan Kamal Mujani
Format: Article
Published: Penerbit Universiti Kebangsaan Malaysia 2006
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author Wan Kamal Mujani,
author_facet Wan Kamal Mujani,
author_sort Wan Kamal Mujani,
collection UKM
description The purpose of this article is to discuss the situation of the monetary system and the factors which affected its stability during the fifty years before the fall of the Mamluk kingdom in 922A.H./1517A.D. The discussions are based on the textual sources, numismatic evidence and modern analysis. In order to explore the issue comprehensively, the article begins with discussing the monetary situation before 872A.H./1468A.D. This is followed by an account of the situation of the monetary system during the period under review and finally, an analysis of the factors that affected the monetary system. The article reveals that the monetary systems during the period under consideration were frequently in an unstable situation. Numismatic evidence attests to the fact that the rulers reduced the weight of coins and their fineness and manipulated the exchange rates. One of the main reasons for this was the increasing financial needs of the government which had to cover various expenses including some for their own personal benefits. Another reason which affected the monetary system during that time was the adulteration of the coinage
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spelling ukm.eprints-20932011-08-15T06:57:17Z http://journalarticle.ukm.my/2093/ The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.) Wan Kamal Mujani, The purpose of this article is to discuss the situation of the monetary system and the factors which affected its stability during the fifty years before the fall of the Mamluk kingdom in 922A.H./1517A.D. The discussions are based on the textual sources, numismatic evidence and modern analysis. In order to explore the issue comprehensively, the article begins with discussing the monetary situation before 872A.H./1468A.D. This is followed by an account of the situation of the monetary system during the period under review and finally, an analysis of the factors that affected the monetary system. The article reveals that the monetary systems during the period under consideration were frequently in an unstable situation. Numismatic evidence attests to the fact that the rulers reduced the weight of coins and their fineness and manipulated the exchange rates. One of the main reasons for this was the increasing financial needs of the government which had to cover various expenses including some for their own personal benefits. Another reason which affected the monetary system during that time was the adulteration of the coinage Penerbit Universiti Kebangsaan Malaysia 2006 Article PeerReviewed Wan Kamal Mujani, (2006) The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.). Islamiyyat : Jurnal Antarabangsa Pengajian Islam; International Journal of Islamic Studies, 28 . pp. 29-43. ISSN 0216-5636 http://www.ukm.my/~ijis/index.html
spellingShingle Wan Kamal Mujani,
The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.)
title The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.)
title_full The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.)
title_fullStr The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.)
title_full_unstemmed The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.)
title_short The monetary system during the Mamluk period (872-922A.H. / 1468-1517A.D.)
title_sort monetary system during the mamluk period 872 922a h 1468 1517a d
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