MukaSurat

Monday, October 15, 2012

Dinar/ Dirham history


Dinar history

Crusader coins of the Kingdom of Jerusalem. Left: Denier in European style with Holy Sepulchre. Middle: One of first Kingdom of Jerusalem gold coins, copying Islamic dinars. Right: Gold coin after 1250, with Christian symbols following Papal complaints.
According to Islamic law, the Islamic dinar is a coin of pure gold weighing 72 grains of average barley. Modern determinations of weight range from 4.25 grams to 4.45 grams of gold, with the silver Dirham being created to the weight ratio of 7:10, yielding coins from 2.975 to 3.15 grams of pure silver.
Umar Ibn al-Khattab established the known standard relationship between them based on their weights: "7 dinars must be equivalent (in weight) to 10 dirhams."[citation needed]
The Revelation undertook to mention them and attached many judgements to them, for example zakat, marriage, andhudud, 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.
Abdalqadir as-Sufi is known to be a strong proponent of the idea for the gold dinar revival movement. Imran Nazar Hosein has also been promoting the revival of Dinar usage but has linked its use to Islamic eschatology.

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