The History of the Dinar Dirham In the

The History of the Dinar & Dirham

In the beginning……. . The Muslims used gold and silver by weight. The dinar and dirhams they used were made by the Persians.

And ……. . the first dated coins that can be assigned to the Muslims are copies of silver dirhams of the Sassanian Yezdigird III, struck during the Khalifate of Uthman (R. A).

These ……. . coins differ from the original ones in that an Arabic inscription is found in the obverse margins, normally reading "in the Name of Allah". Since then the writing in Arabic of the Name of Allah and parts of Qur'an on the coins became a custom in all minting made by Muslims.

Since then …. Gold and silver coins remained official currency until the fall of the Khalifate. Since the fall of the caliphate, dozens of different paper currencies were made in each of the new postcolonial national states created from the dismemberment of Dar al-Islam.

So paper money …. Paper money since then has evolved through three major stages, these are: 1] A promissory note backed by gold or silver. 2] A process of unilateral devaluation leading to a complete revocation of the contractual agreement. 3] A piece of paper not backed by any specie, whose legal value is determined by the compulsion of the State Law. Thus, paper money is not valid money in Islamic Law, whether in its present form or in any of the forms in which it has existed in the past

The Shari‘ah money…… is the Gold Dinar and the Silver Dirham. Is any merchandise commonly accepted as a medium of exchange. Imam Malik said money is “any merchandise commonly accepted as a medium of exchange. ”

What are the Dinar & Dirham According to Islamic Law. . . The Islamic Dinar is a specific weight of 22 k gold (917. ) equivalent to 4. 25 grams. The Islamic Dirham is a specific weight of pure silver equivalent to 3. 0 grams. Umar Ibn al-Khattab established the known standard relationship between them based on their weights: "7 dinars must be equivalent to 10 dirhams. "

These are……. . The Islamic Dinar The Islamic Dirham The Islamic Dinar is a specific weight of The Islamic Dirham is a specific 22 k gold equivalent to 4. 25 grammes weight of pure silver equivalent to 3. 0 grammes

How are the Islamic dinar used? 1. - The Islamic Dinar can be used to save because they are wealth in themselves. 2. - They are used to pay zakat and dowry as they are requisite within Islamic Law. 3. - They are used to buy and sell since they are a legitimate medium of exchange.

Do you know that…… Dinar and Dirham (D & D) are the most stable currency the world has ever seen. A chicken at the time of the Prophet, salla'llahu alaihi wa sallam, cost one dirham; today, 1, 400 years later, a chicken costs approximately one dirham. So, in 1, 400 years inflation is zero.

Do you know that…… Gold cannot be inflated by printing more of it; it cannot be devalued by government decree, and unlike paper currency it is an asset which does not depend upon anybody's promise to pay. Portability and anonymity of gold are both important, but the most significant fact is that gold is an asset that is no-one else´s liability.

Do you know that…… Zakat cannot be paid with a promise of payment Zakat can only be paid with tangible merchandise, called in Arabic 'ain. It cannot be paid with a promise to pay or a debt, called in Arabic dayn. From the beginning the zakat was paid with dinars and dirhams. Most significant is that the payment of zakat was never allowed in paper money during all the ottoman period right until the fall of the Khalifate

Alihamdulilah, From the 2 Ramadan, Insha'Allah, the Govt of Kelantan will launch the program KELANTAN, THE LAND OF THE DINAR AND DIRHAM, involving: 25% of salary of State employees to be paid in D&D, all State services and utilities (water, electricity. . ) & 600 shops accepting D&D; & most important Zakat collected and paid in 'ayn. Darurah is over! No more paper money involved in Zakat! And Allah knows best.