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dinar

Malaysia: Kelantan collects Zakat in Shariah money

By Ibrahim Abdulaev : IslamDag.info | Kota Bharu / Friday, 26 August 2011

An historic event took place at Kelantan Trade Centre in Kota Bharu the state’s capital. For the first time in the past 100 years, payment of Zakat, the third pillar of Islam, was collected and paid with Sharia currency, Gold Dinar and Silver Dirham on 25 August 2011 in a public event organized by the government.

Mahathir urges use of gold standard

Source : Mushtak Parker | Arab News
LONDON | 21 Nov 2010

Malaysia's elder statesman Mahathir Mohammed, the favorite politician of the Muslim man in the street and former prime minister, is never far from controversy.

Addressing the 5th International Shariah Scholars Forum, which was held in Kuala Lumpur recently in conjunction with the Global Islamic Finance Forum (GIFF) 2010, Mahathir in an outspoken attack stressed that the "collapse of conventional banking, finance and the monetary system has exposed their weakness and the ease with which they can be abused."

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