Tag: Mamluk Economics
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Fulus and Paper-Money
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From,”Mamluk Economics: A Study and Translation of Al-Maqrizi’s Ighatha”, Adel Allouche, pages 55-76. From the Chapter: Currency [Islamic Currency], section four of the translation of Al-Maqrizi’s “Ighatha”; “The third cause [of this situation (the many problems that be set the Circasian Mamluks of Egypt)] is the circulation of fulus. Know…