UMMAH BULLION MINT Reviving SUNNAH MONEY
The word dinar originated from the Roman fine gold coin (solidus) called “denarius”.
It is widely used during the beginning of the Islamic civilization in the suq in Madinah.
An authenticate hadith narrated by Sahih Muslim, Book 10: Transactions (Kitab Al-Buyu')
Jabir b. 'Abdullah (Allah be pleased with them) reported that he was traveling on his camel which
had grown jaded, and he decided to let it off. When Allah's Apostle (may peace be upon him)
met him and prayed for him and struck it, so it trotted as it had never trotted before.
He said: Sell it to me for an 'uqaya. I said: No. He again said: Sell it to me. So I sold it to
him for an 'uqaya, but made the stipulation that I should be allowed to ride back to my family.
Then when I came to (my place) I took the camel to him and he paid me its price in ready money.
I then went back and he sent :(someone) behind me (and as I came) he said: Do you see that
I asked you to reduce price for buying your camel. Take your camel and your coins; these are yours..
According to the Madinah measurement and Mekah weight used at that period, it is believed that
1 'uqaya is referred to 1 ounce of Roman weight, which equals to 6 mithqal whereby 1 mithqal is
equal to a dinar. In other words, the Prophet used 6 dinar @ 1 'uqaya to pay for the camel that
he bought.
This clearly shows the dinar (solidus gold) is The Sunnah Money and therefore there is no doubt
about it on its usability by the ummah then, today and Insya'Allah forever.
In the beginning the Muslims used gold and silver by weight and the dinar and dirhams that they
used were made by the Persians.The first dated coins that can be assigned to the Muslims are
copies of silver dirhams of the Sassanian Yezdigird III, struck during the Khalifate of Uthman,
radiy’allahu anhu. These coins differ from the original ones in that an Arabic inscription is
found in the obverse margins, normally reading “In the Name of Allah”. Since then the writing
in Arabic of the Name of Allah and parts of Qur’an on the coins became a custom in all mintings
made by Muslims.
As the reign of the Islamic Empire grew the Gold Dinar and Silver Dirham where not only used
just as exchange mechanism but also a symbol of wealth, power and strength. The second Khalifa
of Islam, Khalifa Umar Ibn al-Khattab set the coin standard to avoid any mishaps in daily muamalat
transactions apart from branding the Islamic coinage.
Coin Standard of the Khalif Umar Ibn al-Khattab
The Khalifa Umar Al-Khattab R.A. Set the standards as follows :
• The standard weight of a dinar is 1 mithqal
• 1 mithqal is equal to 72 grains of barley (Ibn Khaldun, Muqaddimah).
• The weight of 7 Gold Dinars equals to the weight of 10 Silver Dirhams is set.
• He ordered the removal of human figures and animals from the coins.
• and that they be replaced with letters of the Quran.
In the year 75 (695 CE) the Khalifah Abdalmalik ordered Al-Hajjaj to mint the first dirhams,
thus he established officially the standard of Umar Ibn al-Khattab. In the next year he ordered
the dirhams to be minted in all the regions of the Dar al-Islam.
This command was then carried on throughout all the history of Dar al-Islam. The dinar and the
dirham were both round, and the writing was stamped in concentric circles. Typically on one side
it was written the “tahlil” and the “tahmid”, that is, “la ilaha ill’Allah” and “alhamdulillah”;
and on the other side was written the name of the Amir and the date. Later on it became common to introduce the
blessings on the Prophet, salla’llahu alayhi wa sallam, and sometimes, ayats of the Qur’an.
The Gold Dinar and Silver Dirham remained official currency until the fall of the Khalifate. Since then,
dozens of different paper currencies were made in each of the new postcolonial national states created from
the dismemberment of Dar al-Islam.
Today Inshallah once again the Ummah will have the opportunity to use the Sunnah Money. We at Ummah Bullion Mint
have minted Gold Dinars and Silver Dirhams for the Ummah. The Ummah can use them :
• Pay Zakath
• Pay the Maher during Nika
• As an investment for Haj
• As a Gift during the Eids and other special occasions
• As a Savings that beats Inflation.
• And most of all to hold RIBA Free Sunnah Money.
The Sunnah Money OF the Ummah FOR the Ummah BY the Ummah.
Jazakallah.
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