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Sunday, June 27, 2010

Kelantanese dinar


Impressed by the Islamic Mint concept, the Kelantanese dinar is a currency that was created by the Government of the Malaysian state of Kelantan in 2006 (27 Shaban 1427 AH corresponds to 20th Sep 2006). The currency code was decided as KED. The Kelantanese Government attempted to give the dinar a legal tender status, but this was vetoed by the federal Malaysian government in Kuala Lumpur. Interestingly, the dinar has now been issued, albeit, without a legal tender status. The only currency that is legal tender in Kelantan is the Malaysian ringgit.




The coins have a metallic composition of 22 carat gold. There are 4 denominations - 1/4, 1/2, 1 Dinar and a commemorative 2 Dinars.



Probably main site:

http://www.dinarkel.com/

http://shw.fotopages.com/12252301/pandangan-belakang.html



Article about it:



http://lifetheuniverseandeverything.info/node/128



Know that there is consensus [ijma] since the beginning of Islam and the age of the Companions and the Followers that the dirham of the shari'ah is that of which ten weigh seven mithqals [weight of the dinar] of gold. The weight of a mithqal of gold is seventy-two grains of barley, so that the dirham which is seven-tenths of it is fifty and two-fifths grains. All these measurements are firmly established by consensus." Ibn Khaldun, Al-Muqaddimah".



Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah, may Allah bless him and grant him peace, say: "A time is certainly coming over mankind in which there will be nothing [left] which will be of use save a dinar and a dirham." (The Musnad of Imam Ahmad ibn Hanbal)



The Islamic gold dinar (sometimes referred as Islamic dinar or Gold dinar) is a bullion gold coin made from 4.25 grams of 22k gold with historical Islamic significance. Gold dinar may also refer to various historic gold coins denominated in dinars. There are information that dinar are being used privately by 22 nations. Today’s gold dinar is minted in 4 nations. There are also online transactions using dinar and dirham via the internet.



Specification:



The Islamic Dinar is a specific weight of 22k gold (917.) equivalent to 4.25 grams.

The Islamic Dirham is a specific weight of pure silver equivalent to 2.975 grams.



Umar Ibn al-Khattab established the known standard relationship between them based on their weights: "7 dinars must be equivalent to 10 dirhams."



"The Revelation undertook to mention them and attached many judgements to them, for example zakat, marriage, and hudud, etc., therefore within the Revelation they have to have a reality and specific measure for assessment

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