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Monday, March 26, 2012

KELANTAN - " Land of Dinar & Dirham "


( Signage at Pasar Siti Khadijah - Kota Bharu, Kelantan Darul Naim ).

Whilst on a working trip to Kota Bharu-Kelantan, I'd spotted the above signage on the wall of the Siti Khadijah market in Kota Bharu.

Hope the necessary authorities update the date and prices on a daily basis....OR, is it safe to assume that the traders already know the daily rates that renders a daily update unnecessary anymore!???

To the uninitiated, the price in RM of the Dinar & Dirham when it was launched on 2 Ramadhan 1431 Hijrah ( 12 August 2010 ) compared to the date of this blog post are as follows:-

2010 (10 August ). 2012 ( 27 March ). % ( Increase )
---------------------- ------------------- -----------------
1) GOLD DINAR. 581.00 / 792.00 / 36.32% INCREASE

2) SILVER DIRHAM. 13.00 / 25.00 / 92.31% INCREASE

Tuesday, March 13, 2012

Call fm KOTA TINGGI - Johor

*** The power of the net ***

This week, I'd received a call from Kota Tinggi, Johor asking for details/explanation between Kelantan, Koperasi Belia Islam(KBI) and PG Dinar. What was interesting was the fact that the caller got my number from this blog.

After speaking for 10-15 minutes, Mr.M agreed to my suggestion and asked me to recommend the nearest available Dealer so that he can exchange his intended monthly savings from fiat money to Dinar & dirham.

GOD is GREAT!!!!!!!

Saturday, March 3, 2012

QIRAD Agreement in Dinar&Dirham!


( Copy of the "Prototype" Qirad Agreement being viewed )


A QIRAD (Trading Mudharabah)Agreement was signed today in Bandar Baru Bangi, Selangor - Malaysia during the 2nd SOUQ QAFILAH-Muamalah Madinah.

The purpose of the Qirad is mainly for the trading of rice.

Nominated currency is the Gold Dinar and Silver Dirham, whenever and wherever possible. Furthermore, whenever and wherever possible, only Dinar and Dirham adhering to the World Islamic Mint(WIM) standards are to be used.



( Table with the Yellow Table Cover belongs to Qafilah KL-IIUM )

On another matter, Qafilahs from Overseas are participating as well. Amongst the countries seen at the 2nd Souq MM were France, Sudan & Sulu Dar Al-Islam as well as local Qafilahs. Making its maiden debut is the Qafilah "KL-IIUM" selling Nablus Palestinian Soaps, Baraka Habatus Sauda from Egypt & Rani Fruit Drink from Saudi Arabia amongst its merchandise.


( a Customer paying 2 Silver Dirhams for the purchase of some Palestinian soaps )