Setting the Standards for the Islamic Gold Dinar & Silver Dirham


Welcome to WIM
ARTICLE

15.05.2013

Science of the un-real

While the Euro fiat currency battles for its survival, we take a brief snapshot of the beginnings of the creation of this paper currency as explained by the EU central bank.

Europe's present single fiat currency – the euro – came into being on the 1st of January 1999. But it remained a "virtual"currency – mainly used by banks and the financial markets – for three years thereafter. For most people, it did not become a "real" currency, visible and tangible, until 1 January 2002.
read more >>

NEWS

15.04.2013

The launch of The Wadi'ah in Malaysia

Wadi'ah Nusantara

April 2013 saw the launch of the first legitimate Wadi'ah service for over one hundred years in Kuala Lumpur, Malaysia, called "Wadi'ah Nusantara". The term 'wadi'ah' quite simply means safekeeping. But it is much more than just that.
read more >>

ARTICLE

01.04.2013

The curious story of Bernard von NotHaus, the Amazon coin and the legal tender

WIM

How bankers went after Bernard von NotHaus, took his silver and gold from his warehouse, imprisoned him, and used their control of the legal system to have U.S. Attorney Anne M. Tompkins, in her own words, say that NotHaus "attempts to undermine the legitimate currency (USD) of the United States of America" and is an "act of domestic terrorism."
read more >>

ARTICLE

24.03.2013

10 Lessons from Cyprusl

Ten Lessons that the Cyprus Crisis teaches about the fiat currency economy, the debt crisis and gold.

Money in your bank is NOT safe. It appears incredibly difficult for people to understand this truth. In people's mind, safety and banks go hand in hand, just like yin and yang or day and night.
read more >>

NEWS

10.02.2013

China's future gold economy?

Chinese prepare for new trade settlement system and new reserve system

According to the source www.beforeitsnews.com, China is well along an ambitious plan to recast large gold bars into smaller 1-kg bars on a massive scale. A major event is brewing that will disrupt global trade and assuredly the global banking system.
read more >>

REPORT

10.01.2013

Report: The Dinar & Dirham in Norwich

By WIM

Recently we have had more local traders and businesses of all kinds accepting the coins. This includes an acupuncture specialist, a café, designers and traders who set up stalls after the Jumu'a outside the mosque.
read more >>
 
INTERVIEW

10.01.2013

Interview with the WIM Wakil in Egypt

By WIM

I believe that the current financial system is about to collapse. What is happening in Europe, what is happening in the US, the fiscal cliff, quantitative easing, all of these things I follow economics very closely and I'm very conversant with debts, interest rates, the IMF, the World Bank, what they do, how they approve loans what are their criteria.
read more >>

ARTICLE

10.11.2012

Europe: Dinar and Dirham in Almonaster La Real

By Luqman Nieto

Almonaster La Real is a small municipality of Huelva's province, in the south of Spain. Situated between the Sierra of Aracena and the mountains of the Andevalo, twenty kilometers from the town of Aracena and hundred from Portugal, it is a beautiful enclave.
read more >>

NEWS

29.10.2012

What is www.dinarshops.com?

By Suzanna Vadillo

The Dinarshops Network is the official World Islamic Mint online directory that compiles the thousands of businesses around the world that accept Gold Dinars and Silver Dirhams as a means of payment.
read more >>

ARTICLE

04.10.2012

Mephistopheles and the central bank

"The paper money rush" - Goethe still influences modern Frankfurt.
By Abu Bakr Rieger

Things are all go in Germany's financial capital. For a few autumnal weeks Frankfurt was host to lectures, exhibitions, and even a specially presented theatre programme. After the Occupy movement and the strife which the banking quarter had to put up with recently, things were far more cultured this time in the hallowed halls of the cultural metropolis.
read more >>

ARTICLE

24.09.2012

Germany Eyes Gold Standard

Deutsche Bank report brings some surprises,
first published by the New York Sun

It would be too much to say that the government of Germany, is taking steps toward the gold standard. After all, no committee beckons in the Bundestag. The government is entangled with Spain and Greece and the scrip known as the Euro.
read more >>

NEWS

23.09.2012

Egypt embraces the Islamic Dinar

WIM

Asadullah Yate, one of the sharia board members of WIM, met last week in Cairo with Hazem al-Laythi, the head of the Dirham and Dinar Wakala of Egypt. Mr Hazem, who has his own petro-chemical consultancy, has a long-standing experience of the silver market, trading in it for many years. Prior to this he had business experience in what he calls the “casino-capitalism” of the Nasdec Stock Exchange. This experience shaped his move to the bi-metal currency.
read more >>

NEWS
11.08.2012
‪‪‪Report: Free market program
Kuala Lumpur. By Irwan Ibn Izhar

A historic occasion took place on Saturday the 11th of August, 2012 at the Pasar Besar (Main Market) of Taman Tun Dr. Ismail (TTDI), Kuala Lumpur.
read more >>
 
NEWS

17.06.2012

New Kelantan Dinar & Dirham Series 1433H

Statement Release from WIM - Kota Bharu, Kelantan, Malaysia

The World Islamic Mint is pleased to announce the introduction of the
new 1433H series of coins for the Dinar & Dirham issued by the
Kelantan State Government.
read more >>

VIDEO
16.06.2012
‪‪‪Dinihari Dinar Showcase & Testimony‬‬

Capital TV Coverage

Aiman Kautsar of Capital TV takes us to the 'DINIHARI DINAR SHOWCASE & TESTIMONY' event at Bukit Damansara which takes place every Saturday morning from 10am to 4pm.
read more >>
 
NEWS

15.06.2012

Gold Accounts

One of Turkey’s big banks intends to round up a billion US dollars’ worth of private gold by the end of 2012 and “work with it”.

Banks in Turkey are keen to get their hands on some of the vast quantities of gold in private Turkish ownership. It is said that more than 5,000 tonnes of gold is kept in Turkish homes in the form of jewellery, coins and ingots.
read more >>

ARTICLE

20.05.2012

Eski ve Yeni Dinarlar

İslam dinarı, Altın Yıllar olarak anılabilecek dönemde, enflasyona karşı bir kaleydi.

Alman dergisi GEO Epoche, son sayılarından birinde Vikingler üzerine uzun bir makale yayımladı. Şöyle yazıyordu: “100 milyondan fazla Arap sikkesi, Vikingler tarafından kuzeye götürüldü ve sadece İsveç’te, bunların 80.000’den fazlası bulundu”.
read more >>

NEWS

22.05.2012

Gold Franc: Swiss National Council debates a new gold currency

WIM Team

In Europe too, the debate about official gold currencies is coming more and more to the fore. The Swiss already have a popular gold bullion coin: the Vreneli. Up to now this coin has been more a souvenir than a currency but now the economy committee of the Swiss Parliament is also considering a bill to formally introduce a parallel currency in gold.
read more >>

DOCUMENT
10.05.2012
‪The New WIM Newsletter

WIM is pleaased to bring you the first of our newsletters which can be downloaded, viewed and printed from your computer.
In this edition we interview the CEO of E-Dinar Dr. Dahinden about the role of payment systems in the future.

go to download page >>
 
VIDEO
26.04.2012
‪Dinar and Dirham and Islamic Economy
with Dr. Asadullah Yate


By TheDarqawi

Dr. Asadullah Yate on the topic of dinar and dirham and islamic economy. Lecture delivered at the premises of Ibn Rushd foundation in Sweden 8 april 2012.
read more >>
 
ARTICLE

06.04.2012

Dinars Old & New

In what could be referred to as the Golden Years, the Islamic Dinar was a bastion against inflation.

A recent edition of the German magazine GEO-Epoche ran a special feature on the Vikings in which was stated: “As many as 100 million Arab coins were taken north by the Vikings, and more than 80,000 have been found in Sweden alone.”
read more >>

INTERVIEW

25.03.2012

'Is there an alternative to Banking?'

In the following interview we have spoken with the CEO of E-Dinar Dr. Dahinden about the role of payment systems in the future. 'Is there an alternative to Banking?' was one of our most important questions.
read more >>

ANNOUNCEMENT

14.03.2012

WIM Website is Looking for Contributions

Interest in economic issues has increased dramatically throughout the Islamic world. Of particular interest are journalistic and academic contributions regarding monetary matters, trade and contracts, that is to say, all aspects of Islamic commercial law.
read more >>

ARTICLE

23.02.2012

Iran - Fuel to the fire?

By Khalil Breuer

How effective are the sanctions against Iran? Opinions vary - given that the winner of the embargo and new partner of Iran could be the People’s Republic of China. The loser is now the German economy which must suspend its good relations with Iran.
read more >>

ARTICLE

26.12.2011

Valuation of WIM Silver Dirhams versus Other Silver Products

By Irwan ibn Izhar

The valuation of silver dirhams authorized by the World Islamic Mint (WIM) in common currencies such as the USD ($), Euro (€), Malaysian Ringgits (RM)—i.e. the ‘price’ of the WIM silver dirhams as reflected in official rates available on its web sites—is often compared to prices of other silver products sold in the market.
read more >>

DOCUMENT

02.10.2011

The Utah Monetary Declaration

from: http://utahmonetarysummit.com

WHEREAS, the unalienable rights to life, liberty and the pursuit of happiness require for their full enjoyment the indispensable right to honourably acquire, use, hold and transfer property;
read more >>

ARTICLE

27.08.2011

The role of gold in the daily and economic life of Pakistan

By Amna Nasir Jamal

Gold prices have hit 14 new peaks during last two and a half months on the back of surging global prices. The rise of gold beyond $1,784.71 an ounce earlier this week in the international market and past Rs. 50,952.37 per 10 gram in local market prices has generated fresh interest in the yellow metal.
read more >>

ARTICLE

22.08.2011

Gold Rush – speculative bubble or political issue?

By Abu Bakr Rieger

The rush for gold has assumed enormous proportions lately and in fact is nothing other than a referendum of wallets. More and more people mistrust paper currencies and are placing their assets in gold.
read more >>

ARTICLE

10.08.2011

The Liberty Dollar

By Khalil Breuer

The history of the USA is awash with figures that stood for justice and freedom. Names such as Benjamin Franklin, Thomas Jefferson, Martin Luther King and Malcolm X can today be joined by one Bernard von NotHaus.
read more >>

NEWS

27.06.2011

Swiss Gold to the Rescue

A National Council Member Contemplates the Use of Gold

Ulrich Schlüer, a member of Switzerland’s National Council for the Swiss People’s Party, has submitted an unusual Parliamentary initiative. Based on Article 160 Paragraph 1 of the Swiss Federal Constitution and Article 107 of the Swiss Parliament Act, he has drafted a remarkable proposal according to which the Swiss Constitution should be amended as follows:
read more >>

NEWS

15.05.2011

RBZ urges gold-backed Zim dollar

WIM Team

The central bank says the country must consider adopting a gold-backed Zimbabwean dollar warning that the US greenback’s days as the world’s reserve currency are numbered.
read more >>

NEWS

25.03.2011

Utah Moves to a Return to Gold Currency

WIM Team

It seems the Utah state House is taking the advice of Texas U.S. Rep. Ron Paul, officially stamping gold and silver as legal tender.
read more >>



Perspectives of the "WIM Research Group"


Questions regarding monetary transactions are also being discussed at a global level during the present finance, debt and currency crisis.

The question as to the basic principles underlying an "authentic Islamic currency" and the ensuing legal questions is a matter under the scrutiny of the "WIM Research Group".

A clarification of the legal parameters with respect to the use of the "Islamic Dinar" ensures the ongoing safeguarding of the standards and rules of minting.

The "WIM Certification " ensures in this way that no one alters for his own personal advantage the standards applying to the Islamic currency at present in circulation – such that weight, size as well as security features are determined in a uniform manner.

Muslim jurists, lawyers and researchers continue to concern themselves with:

A - basic Islamic legal sources dealing with Islamic currencies (the payment of Zakat, minting, circulation etc.).Legal scholars belonging to the various legal schools of Islam are working in this group.

B - with contemporary background analyses of authentic money transactions in comparison with the present philosophy of paper money.Researcher and academics are working in this group towards regeneration within the current paper money crisis.

C - with all the legal problems existing in connection with the use of the Islamic Dinar und Dirham (VAT, legal tender, statutory provisions at a national level).

Lawyers and international legal chambers are working in this group towards a legal monitoring of a global dinar economy taking into account national legislation.


Islamic Gold Dinar & Silver Dirham Prices

Recommended Retail Price updated daily at
15:00 h - London time

last update: 24-05-2013

Islamic Gold Dinar
(4.25g / .917)

210,00 USD
170,00 EUR

Islamic Silver Dirham
(2.975g / .999)

5,00 USD
4,00 EUR



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The New Islamic gold
8 Dinar &
Silver 10 Dirham of the Government of Kelantan

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