*******traders*******

free counters

Saturday, May 7, 2011

DinarDirham Event at Bukit Damansara-KL!


Today, I went to my first Dinar&Dirham Market/Bazaar at Bukit Damansara mosque(Masjid Saidina Umar Al-Khattab) organised by Kelantan Golden Trade jointly with the World Islamic Mint(WIM) & Jawatankuasa Penaja Koperasi Dinar.

Transactions were conducted mainly in Dinar&Dirham(D&D) of Kelantan and for those without any Dinar or, Dirham to trade can exchange RM for D&D from Hj. Awaludin.

All in there were 10 stalls offering the normal mix of Food & Drinks, Books, Toiletries & Cosmetics, Clothing & Sports Equipment, Islamic Calligraphy & Stickers and other varieties of merchandise.

In addition, there were talks on the usage of Dinar & Dirham where some participants also shared their experience in using/promoting D&D.

A proposed co-operative called Koperasi Dinar (KODINAR) is also to be formed.


Apart from the usage of D&D, I'd also learnt how an Islamic market/bazaar operates. For example:-
1) There must be a Muhtasib. ( Read: Muhtasib )
2) The prohibition of arbitrage within a certain distance from the bazaar.
3) the prohibition of monopoly/bulk buying from a trader and reselling it in the market.

Towards the end of the Bazaar, the winner of a contest was announced...the prize was 1 Dirham, sponsored by WIM.

Morning till Noon Time Well Spent.

Subsequently, met Hj.Awaludin and became an Agent/Wakalah for Kelantan's Dinar&Dirham.

No comments:

Post a Comment