Buy Gold Dinar
It's not too late whether you are young or old or those with family responsibilities or who are getting closer to retirement. One of the primary reasons why you should be holding gold and silver is to protect your wealth, hedge against inflation, and more importantly to have financial independence have enough money to live off for the rest of your life.
buy gold dinar
As suggested by the expert start saving as early as possible. In fact, I know someone who already holds 3 kg of Gold Bullion at the age of 27 years old. "I start buying gold bullion since my study at Polytechnic," He told me.
Gold is an investment that is expected to retain its value or even increase its value in times of market turbulence. The uncertainty of geopolitical and financial instability are the main reasons why you should hold in physical gold.
For example, gold prices experienced some major price movements this year in response to the crisis occurring in the European Union. Its price often rises the most when confidence in governments is low. Another good example of the tension between North Korea and the US Government.
Investing in gold may not be for everyone, but it is an appropriate consideration for many investment portfolios. Gold prices will always run into ups and downs in short and medium trading but gold is one of the safest investments in the world for long-term investment. You can observe the price of gold as of below example, can you Guess what will be the price of 1gm Gold in 2022?
For thousands of years, investors have viewed gold as one of the best stores of value. Unlike paper currency or other assets, gold has maintained its value throughout the ages. The price of gold will never go Zero. Gold can be used as a long-term saving plan for your children's education, buying your dream house, saving for a dream holiday many more.
Besides lands and real estate gold is also considered a tangible asset that one must keep for long-term investment. People see gold as a way to pass on and preserve their wealth from one generation to the next. Expert has said to keep 10% of our net worth asset in physical Gold.
Gold is an asset that can be exchanged for cash easily. If you need money you can sell your gold either at a pawn shop or sell it to a bullion store. All gold shops will accept your gold as long the gold is genuine. My advice is if you want to get a better price, sell back your gold at the same gold shop you bought it before. If you want to make a loan you also can pawn your gold at any pawnshop or Ar-Rahnu the Islamic pawnbroking.
The modern Islamic gold dinar (sometimes referred as Islamic dinar or Gold dinar) is a projected bullion gold coin, so far not issued as official currency by any national state. It aims to revive the historical gold dinar which was a leading coin of early Islam. The currency might consist of minted gold coins (dinars) or of silver coins (dirhams).
According to Islamic law, the Islamic dinar is a coin of pure gold weighing 72 grains of average barley. Modern determinations of weight for the "full solidus" weigh 4.44 grams at the time of Heraclius and a "light solidus" equivalent to the weight of the mithqal weighing 4.25 grams. With the silver Dirham being created to the weight ratio of 7:10, yielded coins of 2.975 grams of pure silver.
The Revelation undertook to mention them and attached many judgements to them, for example zakat, marriage, and hudud, etc., therefore within the Revelation they have to have a reality and specific measure for assessment of zakat, etc. upon which its judgements may be based rather than on the non-shari'i other coins. Know that there is consensus since the beginning of Islam and the age of the Companions and the Followers that the dirham of the shari'ah is that of which ten weigh seven Mithqals weight of the dinar of gold... The weight of a Mithqal of gold is seventy-two grains of barley, so that the dirham which is seven-tenths of it is fifty and two-fifths grains. All these measurements are firmly established by consensus.
Per the historical law stated above, one dinar is 4.25 grams of pure gold, and a smaller denomination, the daniq, one sixth of that. Again from the law above, the dirham is 2.975 grams of pure silver. The value of each coin is according to their weight and the market value of the two metals. Coins may be minted at fractions or multiples of these weights and valued accordingly.
In practice coins were historically minted in either 24 karat "pure gold" although some contemporary coins have been minted in 22k for greater durability. In either case the weight of the gold content will be as per law.
In Indonesia, while there is no official national coin, a number of mints are producing their own gold dinars, including that launched in 2000 by the Islamic Mint Nusantara [id] (IMN). and Logam Mulia.
Kelantan was the first state in the country to introduce the dinar in 2006, which was locally minted. In 2010, it issued new coins, including the dirham, minted in the United Arab Emirates by the World Islamic Mint. The state of Perak followed suit, minting its own dinar and dirham, which was launched in 2011.
The leader of the UN-designated terrorist group Islamic State, Abu Bakr al-Baghdadi, announced in November 2014 that the Caliphate intended to mint its own gold, silver and copper coins in order to free the Muslims from the financial order that has "enslaved and impoverished" them. The currency would be based on the dinar coins minted by the Caliphate of Uthman ibn Affan and include seven coins: two gold, three silver and two copper, ranging in value from 7 to $694, their values based on the intrinsic value of the metals. The gold dinar is weighted at 4.25 grams and is made of 21 karat gold.
Abdalqadir as-Sufi, founder of the Murabitun World Movement, was once a strong proponent of the idea for the gold dinar revival movement, but in February 2014 he completely distanced himself from it, saying, "So, I now dis-associate myself from all activity involving the Islamic gold dinar and silver dirham". Trinidadian scholar Imran Nazar Hosein has also been promoting the revival of Dinar usage, but has linked its use to Islamic eschatology.
The One Nabawi Gold Dinar is a fine gold coin minted according to the standard weight and purity of the Byzantine Gold Solidus circulating in Makkah and Madinah during the era of Rasulullah (PBUH), which formed the basis of value used in the Nisab of Zakat revealed in 2 Hijrah. The coin reverse states the declaration of faith that Allah is One and Muhammad is His Servant and Messenger.
All coins are minted in accordance to documented historical shariah compliant coins commissioned under and during the auspices of Hadhrat Umar Al-Farooq (r.a) leadership. We adopt the greatest practices to manufacture the finest and most brilliant finished Islamic gold & silver mints and bullion-bars currently in supply worldwide.
In a 2015 video, IS stated that its gold currency would replace the use of the U.S. dollar in the areas it controls and that it would cause the collapse of the U.S. dollar. Prior to that, the group introduced print currency but failed to impose it on the market.
Muslims traditionally used the gold dinar and silver dirham as money. This video will explore reintroducing the currency in modern times. Abdalghany Auyeskhanov was finishing high school in Kazakhstan when the Soviet Union collapsed destroying the value of the Russian ruble. (Credits)
The dinar and the dirham remained the money of the Muslims until the beginning of the 20th Century. Umar Vadillo created the first modern dinar in 1992 with the Muslims of Granada. The Turkish Government overthrows Necmettin Erbakan.
Roy Jastram proves how gold prices remained constant for the past 400 years. Auyeskhanov explains how people in Malaysia can buy a chicken with one silver dirham as they did 1,400 years ago. Experts describe how government mandated money leads to a monopoly.
Welcome to GoldDinarSilverDirham.com. We are an established and rapidly expanding modern gold andsilver bullion coin dealer headquartered in Asia. Whether you're an investor looking to diversify yourasset portfolio or an avid coin collector, we are here to provide you with a vast array of physical gold andsilver bullion coins and bars that will satisfy your needs.
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