Monday, August 16, 2010

A Malaysian state introduces Shariah currency, gold and silver coins

Taipei, 14 August, (Asiantribune.com): A Malaysian state has introduced the gold and silver coins as official currency, reviving a practice from early Islamic era. The Kelantan state of Malaysia has become the first to introduce the gold dinar and silver dirham for use.

The people can use the gold dinar and silver dirham coins at stores and restaurants, a Kelantan state official said on Friday. The coins came into circulation Thursday and can be purchased at various locations in Kelantan. Their worth is currently about $180 per dinar and $4 per dirham....read on

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