Jital - Khusrau Malik Crescent

Khusrau Malik was the last Ghaznavid sultan, ruling from Lahore after the dynasty had been pushed out of its Afghan heartland by the Ghurids. These jitals were struck under severe political compression — by the 1160s the Ghaznavids held little more than the Punjab, and Khusrau Malik spent much of his reign as a client ruler navigating between Ghurid pressure and local resistance. He was eventually captured by Ghiyath al-Din Muhammad around 1186 and executed, ending a dynasty that had once stretched from Khorasan to the Ganges.

Tye 120.3 places this among the billon jitals of the late Lahore mint, struck when silver content had dropped considerably from earlier Ghaznavid issues.