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Muslim traders used which economic development to facilitate currency exchanges, including early forms of checks?(1 point)
Responses
business partnerships
business partnerships
the dinar
the dinar
funduqs
funduqs
banks
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GPT-5 mini
AI
banks
Muslim merchants developed banking and money‑changing institutions (sarrafs) and used sakk (early checks/letters of credit) to handle currency exchange and long‑distance payments.
Muslim merchants developed banking and money‑changing institutions (sarrafs) and used sakk (early checks/letters of credit) to handle currency exchange and long‑distance payments.
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