Tuesday, August 17, 2010

1 Dinar = RM593 (17/8/2010)

Baru 2 hari lepas aku cek harga 1 Dinar RM581. Hari ni cek dah RM593.

Antara tempat terdekat untuk beli dinar kelantan. Ada kawan2 aku yg buat business sudah mula menggunakan Dirham dan Dinar dalam perniagaan mereka =O


Kelantan Dinar?

This is the first time in the last 100 years, since the fall of the Ottoman Caliphate, when a Muslim government introduces Shariah Currency.  Indeed there has been four generations of Muslims who have not seen Gold Dinar and Silver Dirham; four generations of Muslims who have been divided into little national reservations and sentenced to permanent robbery first by local, then by international Masters of Riba; four generations of Muslims who haven’t known what is their Deen.  The introduction of Gold Dinar and Silver Dirham in the state of Kelantan is not a new idea or experiment, it is the return to the medium of exchange that has been known for 1400 years throughout Dar al-Islam as Money of Shariah taking its legislation from Allah’s Revelation and Rasul’s Sunnah.
Source: dinarkel

917 Gold?

While pure gold is 24 carat, 917 means it is 22 carat. That is 91.7% pure gold and the rest includes metals like copper and silver. Metal in its purest state is very soft and impractical for making jewels. To create jewelry that is practically wearable, gold has to be alloyed with other harder metals in the required proportions to make it malleable and durable.

For the dinar to be circulated—“changing hand to hand”, it must be durable hence 917 gold is much more preferable than pure gold.
Although the price of 917 gold is less than 999 gold, it does not diminish the value because gold is gold. The Krugerrand is the example where 916 gold coins is priced the same as 999 gold coins such as Maple Leaf and Australian Kangaroo.

No Certificate?

The issuance of certificate is discretion of the refineries. Most of world gold coins (Maple Leaf, Australian Kangaroo, Krugerrand, etc) are minted and sold without the certificate. Their value still holds even without the certificate.

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