I live in a country that suffers from a high rate of inflation. I understand that interest is haram (this is not questioned). But when 100 money is worth 90 money the next year, surely I should be entitled to a rate of interest where my money is worth 100. If I do not accept interest, then value of money goes down. My country is very worse for inflation but this is example. In the same way, deflation makes my money worth more, is this Allah's will?
What Islamic methods are approved of to counter such misgivings? In the time of the prophet, fiat money was not used, so one silver coin was always worth one silver coin. When prices go up, and my money goes down, that is double the problem. So far I have lost half my money by avoiding interest, what can I do?