Abstract
The current study affirms that fals were important currency in the Islamic monetary system.The state paid to them a similar interest to that of the main currency (dinar and dirham). Thiswas greatly manifested by the interest paid by the Umayyed state when the pure Arab type offals was introduced that had a fixed exchange rate for the dirham and was directly supervisedby the state. Additionally, the state exploited their diffusion and using them as a subsidy todinar and dirham. They were also utilized as a fast media and a formal document used bypeople to ask for their rights if exploited.
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