The stock markets are considered the essential motives of the economic growth in any country because of its importance in transforming negative savings (compactness) to a positive savings which benefit both the local economy and the capital's owner;
it has also the ability to obligate who has some money surplus (chunky) by turning it from its rigid or stagnated state to the investment market. The researcher based on the essential hypothesis of efficiency and effectiveness of Damascus stock market in attracting investment; using the descriptive analytical method to collect data, and a questionnaire as a tool for measurement, where distributed to a group of workers in financial brokerage companies, a group of workers in the financial institutions and a group of investors within the Syrian Stock market, in order to see their opinions to check the research hypotheses and look to the future situation.
Among the most important results, Damascus stock market is contributing in the attraction of investment by attracting the foreign and Arabic capitals, the compilation of sterile national savings, and thus increase the market liquidity and leads to provide liquidity to investors, which make them able to create new projects or expand the existing ones.
Currency is considered an important manifestation of the Kalifate`s or ruler`s power
asit is an official source that cannot be challenged.
Coins are seen as records for titles and attributes. Hence the Currency that was
coined during Islam Era in
Damascus, Baghdad and Cairo is considered an official
document that empliticalunty of the Arab World.
The plases where the currency was coined were known as Coining House ( Dar
alsakka) Studying monetary is referred to as Numismatics, which is the science that studies
monetary and seals. Studying Umayyad Currency through causes and effects in addition to
the events between them gives a clear picture about the Islamic Civilization .
Moreover, the coining prosess shows the development in various areas and it
explains the political implications on the Arabs, those implications that held many positive
aspects.
