By Amer Hamzah Md Sap
Members of the World Islamic Economic Forum (WIEF) have been asked to support former Malaysian Prime Minister Tun Dr Mahathir Mohamad’s call to consider gold dinar as a trade instrument among member countries of the Organisation of Islamic Conference (OIC).
In making the call, Cydinar Sdn Bhd chief executive officer Mohd Zahari Osman said the Islamic gold dinar system was simply a gold payment system.
“It’s a currency fully backed by gold, not meant to be offensive, rather a defensive mechanism,” he told Bernama here on Friday.
Dinar is derived from Latin “Denarius”, the gold coin of the Roman Byzantium Empire and dinar is therefore European in origin.
Continue reading Support Gold Dinar As Trade Instrument, WIEF Members Told
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