Gold has played an important role in human life. Gold has desirable physical characteristics such as flexibility, durability, and immunity to tarnish. Its scarcity makes it a useful store of value. The history of gold as money could be traced back to 6,000 years of Ancient Egypt and the civilization of Mesopotamia. Gold has unique properties as a multicurrency investment and serves as an excellent medium for both within and across currency lines. In this book we will be discussing and arguing to use gold as an alternative currency under the rulings of Islam with aspect of muslim countries, for example, in Malaysia. Faculty of Medicine, Universiti Sultan Zainal Abidin, Malaysia. University of Management Technology, Lahore, Pakistan