Gold as a complementary currency

1. DING XIAO LING (AYISHA) G1225900
ESRA OZTURK G1427152
FARAH AHMED G1512256
HUANG YIFEI G1427780
HASMIENE DIOCOLANO IBRAHIM G1417046
The Revive of
Gold Dinar

2. What is Gold Dinar?

3. What is Gold Dinar?
Literally, dinar is a gold coins and dirham is silver coins
that are use as medium of exchange throughout history
until the fall of Ottoman Empire.
Technically, Islamic gold coins is a commodity money or
metal-based currency.
Dinar
= 4.25 grams of gold Dirham
= 3 grams of silver

4. What are the implications of
Gold dinar?
Stable Money
Excellent
Medium of
Exchange
Minimizes
Speculation,
Manipulation and
Arbitrage
Business Cycle
Effects
Minimized
Dinar Promotes
Trade

5. When does Gold Dinar
Originated?

7. 1.Fixed exchange rates;
2.Islamic countries will not
need reserve of foreign
currencies to finish
commercial trading
1.Money creation;
2. manipulation of paper
money
Differences between dinar system
& current monetary system

8. Why Gold Dinar?

9. Fiat Currency:
Socio-economic Impact
Video

10. Fiat Currency:Socio Economic
Impact
Increase in money supply creates
● Disparity in Income
● Increase in the price of necessities
● Increase in the price of housing since land is
fixed

11. Fiat Currency: Volatility
Bitcoin USD

12. Fiat Currency:
Impact of Volatility
Global Swings
215 of 846 North
American companies’
earnings monitored by
FiREapps mentioned
negative impacts from
currency swings,
negative hits for the
October to December
period was $18.7
billion; over four
times the $4 billion in
the previous quarter
and the highest in
four years. Bloomberg

13. Gold Dinar: Multilateral
Trade

14. How can Gold Dinar be
Implemented?

15. The Case of MALAYSIA

16. Gold dinner &
Silver dirham,
Kelantan
Dinar, Perak
Gold bullion coins

17. What are Infrastructural
Initiatives for Gold Dinar?

18. Keep Calm
Lets
Revive Gold Dinar