Saturday, September 04, 2010

Malaysians seduced by Islamic gold dinar and silver dirhams...

Malaysians are embracing gold dinars which were introduced last month by the northern state of Kelantan to promote usage of Islamic currency as an alternative to paper money, an official said Saturday.

The gold coins and silver dirhams were introduced in early August by the Islamic opposition party PAS which rules Kelantan state to coincide with the start of the Muslim holy fasting month of Ramadan.

Umar Ibrahim Vadillo, chief executive officer with Kelantan Golden Trade, said the first batch of gold and silver coins worth two million ringgit (625,000 dollars) had been sold out in less than a month.

"There is enormous response in Malaysia. Their reaction is unbelievable," he told reporters. More...

See also: Gold Dinar, silver dirham: how Indonesian Muslims beat the banks...

Don't miss:

  1. Move your money; dump the big banks...
  2. Top bailed-out banks to pay $30 billion in bonuses...
  3. "Goldman Sachs has engineered every major market manipulation...
  4. The greatest scam in the history of the world...
  5. The man who fought against a bank ... and WON!!!
  6. Latvian 'Robin Hood' hacker exposes banks and bankers...

No comments:

Post a Comment