Popular Gold Bullion Coins
The Dinar
Dinars have been in issue since the 600s ... or about year 77 of the Islamic calendar.
Popular Gold Coins : American Gold Eagles ... South African Krugerrands ... Canadian Maple Leafs ... British Sovereigns ... Chinese Gold Panda ... Islamic Dinars
Gold Dinar Specifications
4.25 grams of 22ct gold / 1366.oz ... (0.1252 troy oz. AU)
Silver Dirhams Coins - 1, 2, 5, 10, and 20 dirhams.
Gold Dirhams Coins - 1/2, 1, 2, 5, and 8 dinars.
- According to Islamic law, the dinar is a gold coin is 4.25 grams @ 22k
- According to Islamic law, the dirham a silver coin is 2.975 grams of pure silver.
- According to Islamic law, 7 gold dinars must be equal in weight to 10 silver dirhams.
- ∴Half dinar gold coins @22k = 1/20 troy oz gold coins @24k
- ∴the 2 dinar gold coin @22k = 1/4 troy oz gold coins @24k
- ∴the 8 dinar gold coins @22k = 1 troy oz gold coin @24k
- 2 dinar = 0.250508 Oz / 8 dinar = 1.002032 Oz = 0.9185oz AU / (AU content slightly favors 24k)
Gold dinar in Malaysia
There are many Gold Dinar Coins circulate in Malaysia :
- Kijang Emas - Minted by Bank Negara Malaysia and Circulated by Maybank
- Dinar Emas Kelantan - Minted by Kelantan Corporation Berhad and Circulated by Ar-Rahn and KCB
- Public Dinar - Minted and Circulated by Public Fine Gold International Sdn. Bhd.