The Positive Money proposals and the 100% reserve debates, which have almost a century of discussions and research behind them, have now gathered considerable momentum.
Islamic law is international law as it was laid down for all mankind. It began with this role and grew rapidly after its birth. Its growth slowed down as sultanates emerged at great distances; losing touch with the center. The rise of the Westphalian states finally arrested its growth in many areas. The reason for this was the monopolization of all law by the new creature called the "modern state."