THE GOLD DINAR AND SILVER DIRHAM:

Islam and the Future of Money

 THE GOLD DINAR
AND SILVER DIRHAM
Islam and the Future of Money

Imran N. Hosein

Masjid Jàmi’ah, City of San Fernando, Trinidad and Tobago

Copyright © Imran N. Hosein
Email: [email protected]; [email protected]
Website: www.imranhosein.org

First Published 2007

Revised Edition 2011

SÕRAH AL-KAHF: Quartet of Books

Volume 1: Sūrah al-Kahf: Text Translation and Modern Commentary;
Volume 2: Sūrah al-Kahf and the Modern Age;
Volume 3: An Islamic View of Gog and Magog in the Modern Age;
Volume 4: Dajjāl the False Messiah or Antichrist.

Published by
Masjid Jāmi’ah, City of San Fernando.
70, Mucurapo Street,
San Fernando.
Trinidad and Tobago

Distributed by
Al-Tasneem Sdn. Bhd. (630802-X)
No. 35-1, 1st Floor, Jalan Melati Utama 4,
Melati Utama, Setapak, 53100 Kuala Lumpur, Malaysia
Tel: 603-41072999
 Fax: 603-41089815
Email: [email protected]

Printed in
Kuala Lumpur, Malaysia
 Contents

Preface to First Edition 9

Preface to Second Edition 11
Chapters
1. Introduction 15
2. Money in the Qur’ān and Sunnah 23
3. The Grand Design 39
4. The Grand Design and the Judeo-Christian Alliance 45
5. Israel and Gold Coins 59
6. Our Response is to Counter-Attack 63
Notes 69
 Preface to First Edition

I am happy that this booklet was written here in Kuala

Lumpur, Malaysia, a city which has been so kind and loving
to me, and completed in blessed Ramadān while I am still
engaged in a year-long (2007) Islamic lecture-tour, and far
away from the comforts of my home in the Caribbean island of
Trinidad.
A writer who writes a book while travelling, as many
distinguished scholars of Islam have done in our glorious past,
suffers from the disadvantage of not having access to his
library of books, and often has to quote from memory. As such,
minor errors can result from lapses of memory. I seek
forgiveness for such.
I kept the size of this booklet deliberately small in order to
encourage our people to read it. The language used is also quite
simple and free from technical economic jargon, hence the
average reader should encounter no difficulties in respect of
language.
It is very likely that events will unfold in the world of
money within a brief time of the publication of this essay that
THE GOLD DINAR AND SILVER DIRHAM

would validate the analysis conducted. Hence there should be

no delay in assessing the arguments raised and, if found
convincing, in reaching out this booklet in as many languages
as possible to as many Muslim communities as possible. For
this reason there is no copyright claim on this publication.
Anyone is free to translate and to publish it anywhere.
I have dedicated this booklet to Sister Nik Mahani, a
former Malaysian banker who was involved in the initial effort
to establish Islamic Banking in Malaysia, and whose eyes were
opened to the fraudulent nature of much of so-called Islamic
banking when she attended my lecture at the Royal Malaysian
Mint. She turned around, changed course, and proceeded with
magnificent courage and integrity to promote the cause of the
Gold Dinār and true a Ribā-free economy.
Both she and my dear student, Shirazuddin Adam Shah,
were involved in organising the International Conference on
the ‘Gold Dinar Economy’ which was held in Malaysia in July
2007, and in which the initial text of this essay was presented
as a paper.
I pray that this booklet may cause many others to follow in
her noble example. Amῑn!
Imran N. Hosein
Kuala Lumpur, Malaysia.
Ramadan 1428/October 2007

10
 Preface to Second Edition

F our years have passed since this booklet was first published
while I was engaged in my year-long Islamic lecture-tour of
2007-2008. Four years later I have again embarked on what
might be my last extended Islamic lecture-tour (since I am now
almost 70 years of age) and I am again here in Kuala Lumpur
editing a revised edition of this important booklet.
I am aware that the booklet has been blessed to open many
eyes and to even convince some scholars of Islam to abandon
the dangerously misguided legal opinion that today’s paper
money is Halāl, and instead to make the forthright public
declaration that it is bogus fraudulent and Harām, and that it
has functioned as a vehicle for the legalised theft of the wealth
and sweat of the masses around the world.
In consequence of my study of Islamic eschatology I was
able to anticipate as early as the mid-90s that the entire
monetary system of paper currencies would have to give way
to the even more dangerous and equally fraudulent monetary
system of invisible and intangible electronic money. The US
dollar has already collapsed (as we write) to about $1600 per
THE GOLD DINAR AND SILVER DIRHAM

ounce of gold and it seems only a matter of opportune moment

before it is demonetized and replaced with a new and more
monstrously debased currency. The US dollar might then be
redeemable in that new currency at about 5 cents to the dollar.
In consequence of this stratagem of legalized theft that is the
trade-mark of those who control power in modern western
civilization, USA will be able to liquidate 95% of its dollar debts.
The Chinese who amassed a mountain of dollars through trade
with USA, as well as the Arab and other oil-producers who
were required to sell their oil for only dollars, and the world at
large which had to keep a considerable part of their foreign
currency reserves in dollars, are not going to be amused when
they witness their dollar wealth evaporating before their very
eyes.
Electronic money has already replaced paper currencies
for all but micro-financial transactions. The noose is already
tight around the necks of all of mankind who resist Dajjāl’s
impostor State of Israel. Major banks and financial institutions
around the world declare themselves to be on the verge of
collapse and are then rewarded with monumental State-funded
bail-outs that make them even better equipped to impose a
financial dictatorship upon the world. Even countries such as
Greece, Iceland, etc., are squeezed by the banking system until
they submit to that control. A universal financial and monetary
dictatorship is already established in the world and yet so
many in the world of Islamic scholarship cannot be awakened
from their slumber.

12

PREFACE TO SECOND EDITION

This edited version of ‘The Gold Dinār and Silver Dirham:

Islam and the Future of Money’ offers new insights into the
subject and directs attention to a counter strategy that
requires urgent implementation. Two years after the first
edition of this booklet was published, we recognized that Israel
will eventually mint gold and silver coins and use them as
money. We also became convinced during this time that the
Indonesian island of Java is potentially the most favourable
place in the world where Muslims can launch a counter-attack
to replace Dajjāl’s fraudulent paper and electronic money with
Sunnah money.
There is no time left for endless debates, nor can we wait
on Muftis of Islam to wake from their sad slumber. We must act
quickly to replace Harām paper and electronic money with
Sunnah money wherever we can do so in the world of Islam. We
explain in this revised edition the stage–by-stage method
which we humbly suggest can be implemented for achieving
that objective. Every Muslim who is blessed to understand this
subject must now act before it becomes too late to do so.
Imran N. Hosein
Kuala Lumpur/Malaysia
Rajab 1432/June 2011

13
Chapter One
INTRODUCTION

This essay goes on to explain that the enemies are not content
with simply living off the sweat of others through exploiting to
their advantage a monetary system that is unjust and
oppressive. Rather, they have a grand design to so financially
enslave the masses as to permit them to impose their
dictatorship over the whole world.

I t is both strange and embarrassing that even at this late

hour when enemies are about to weld into place the final
iron gate of a financial Guantanamo, so many Muslims remain
ignorant about the devilish nature of European-created money
in the modern world. One has even criticised this writer for
having “funny” views concerning money.
There seems to be little understanding of the role that a
European-created money-system has been playing in
delivering to enemies of Islam the capacity to engage in
massive legalised theft of the wealth of mankind. Nor is there
realization that those enemies have designed a monetary
system that would eventually deliver to them financial
dictatorship over the whole world. They have already
THE GOLD DINAR AND SILVER DIRHAM

succeeded in enslaving millions of Muslims (as well as others

amongst mankind) with slave wages and even destitution,
while pursuing a sinister global agenda on behalf of the Euro-
Jewish State of Israel.
The news media, even in countries that declare ‘Islam’ to
be the State religion, is notorious for blanking out all news
reports concerning this important subject. An important
international conference on ‘The Gold Dinār Economy’ was
held at Kuala Lumpur’s Putra World Trade Center on July 24th
and 25th 2007. An excellent keynote address, delivered by
former Malaysian Prime Minister, Tun Dr. Mahathir Mohamad,
set the stage for two days of intensive deliberations on the
subject of ‘money’. This booklet is an expanded version of my
paper entitled “Explaining the Disappearance of Money with
Intrinsic Value” which I presented to the conference shortly
after Dr. Mahathir’s feature address. The Malaysian English
language newspapers shamed themselves and the entire world
of journalism when they failed to report in the next day’s
newspapers even a single news item on the conference.
What is far worse than the shameless news blackout is that
classically trained scholars of Islam (i.e., ‘Ulamā) seem to share
with ordinary Muslims this strange and highly embarrassing
state of ignorance, or silence, concerning the fraudulent nature
of modern money. Even when they realise that there is
something dangerously wrong about modern money, so many
in this strange modern age lack the courage to denounce the
monetary system of non-redeemable paper money as

16

CHAPTER ONE

fraudulent and, hence, Harām.

Governments who rule over Muslims present the most
pathetic scene of all. Neither do they understand the
dangerous reality of money today, nor do they want to know
the subject. The reason for this is located in the subservient
role to which they must adhere as governments in their
relations with the Zionist Judeo-Christian alliance which rules
over the world.
The solitary exception to this dismal state of affairs has
been the former Prime Minister of Malaysia, Dr. Mahathir
Muhammad. He not only understood the exploitative nature of
the monetary system created by modern western civilization,
but also, and quite correctly so, did what scarcely any of the
Muftis of Islam have so far done, or dare to do. He called for the
return to the Gold Dinār as money, in place of the money-
system built around the utterly fraudulent US dollar, so that
Muslims could extricate themselves from financial and
economic oppression and exploitation.
We offer this essay on the ‘future of money’ for the benefit
of those who believe in the Qur’ān as the revealed word of the
One God, and in Muhammad (peace and blessings of Allah Most
High be upon him) as the last of His Prophets. We are conscious
of the fact that we must not only explain this subject
adequately but that we must also pray that Allah Most Kind
may intervene and remove the veils from so many eyes. Only
then would they recognise the looming final stage of a
fraudulent monetary system designed to impose complete

17
THE GOLD DINAR AND SILVER DIRHAM

financial slavery upon mankind. The system is designed to

target particularly those who resist the mysterious Zionist
Judeo-Christian alliance that rules the world.
The final stage of evolution in their monetary system
would witness the universal embrace of electronic money, the
brightest jewel of their evil monetary crown, which would
totally replace today’s fraudulent paper currencies. Indeed this
final stage has already commenced, and all that the
international monetary bandits now need is a world crisis
(such as nuclear attacks on Pakistan and Iran which have not
as yet occurred but which are expected at any time) that would
result in a total collapse of the US dollar and a consequent
mass stampede away from paper currencies. Already the
impending collapse of the US dollar is reflected in the rising
price of gold now close to the record of US$850 an ounce set in
January 1980. The world can expect to see the price of gold
escalate to US$3000 or more per one ounce of gold. The same
thing would happen to the price of oil. I believe that the
psychological shock of the collapse of the US dollar would
produce the stampede through which electronic money would
effortlessly replace paper money as the new cashless money-
system of the world.
We attempt in this essay to introduce the reader to the
subject of money as located in both the blessed Qur’ān and the
Sunnah of the blessed Prophet (sallalahu ‘alaihi wa sallam). We
demonstrate that such money (which we call Sunnah money)
always possessed intrinsic value. By that, we mean that the

18

CHAPTER ONE

value of the money, whatever that value might be, and

regardless of changes in value that might naturally occur, was
stored within the money, and was thus immune to arbitrary
external manipulation and devaluation.
We further demonstrate that the monetary system created
by the ruling European Judeo-Christian alliance was
specifically designed to remove ‘money with intrinsic value’
from the money-system of the world, and to replace it with
money that had no intrinsic value. Such non-redeemable paper
currencies could then be devalued. When they were devalued,
not only would it result in an unjust legalised theft of the
wealth of those who used the devalued currency but
additionally, it would become more and more expensive for
such countries to repay loans which were taken on interest.
Eventually these countries would be trapped with debts they
could never repay, and would thus be at the mercy of those
whose loans to them were meant to deliver precisely such
control over them. (See John Perkins, ‘Confessions of an
Economic Hit-Man’).
As money was devalued, the cost of property, labour,
goods and services in the territories of the devalued currencies
would become cheaper and cheaper for those who created the
monetary system. Eventually one part of the world could live
very comfortably while the rest of the world, with their
constantly devalued money, sweated and laboured in a new
slavery to keep the bandits permanently rich and with
permanent first class tickets on the ship of life.

19
THE GOLD DINAR AND SILVER DIRHAM

Then when the IMF forced privatization upon those whose

money had lost value, the bandits could then buy out oil and
gas fields, power-supply companies, telephone companies, etc.,
in such countries for a song and six-pence, i.e., for a price far
less than their true value. It remains an enigma that
Venezuela’s Hugo Chavez could understand the exploitative
role of the IMF and make efforts to try to terminate
Venezuela’s membership in that organization while the
scholars of Islam remain sadly silent on the subject.
This essay goes on to explain that the enemies are not
content with simply living of the sweat of others through
exploiting to their advantage a monetary system that is unjust
and oppressive. Rather they have a grand design to so
financially enslave the masses as to permit them to impose
their dictatorship over the whole world. Their dictatorship
would, in turn, pave the way for the Euro-Jewish State of Israel
to become the ruling state in the world, and eventually for a
ruler of Israel to startle the world with the utterly fraudulent
claim that he is the true Messiah. In fact, he would be Dajjāl the
false Messiah or Anti-Christ! We are now so close to that event
that this writer confidently predicts that children now at
school would live to see it (See ‘Jerusalem in the Qur’an’ and the
second chapter of ‘Sūrah al-Kahf and the Modern Age’ available
for free download on the website: www.imranhosein.org).
Unless one has an understanding of the grand design
behind the creation of the contemporary monetary system of
non-redeemable paper money, one cannot respond properly to

20

CHAPTER ONE

the challenge posed by that monetary system. Yet this writer

has tried in vain to convince his distinguished and learned
peers of the need to understand that grand design before
embarking on an effort to restore the Gold Dinār as money.
They are keen to mint the Gold Dinār and Silver Dirham but
resolutely resist making even an elementary effort to so study
Islamic eschatology as to be able to locate the grand design in
which today’s bogus money is located. I find such conduct to be
suspicious and I warn readers to beware.

21
Chapter Two
MONEY IN THE QUR’AN AND SUNNAH

Money with intrinsic value has today disappeared from the

money-system used around the world. The entire Muslim
world is also guilty of having abandoned ‘money’ that is
firmly grounded in the Qur’ān itself and which is of value
even in the hereafter. Muslims have already paid a horrible
price for having abandoned that ‘sacred money’ and accepted
in its place an utterly fraudulent means of exchange in the
form of ‘secular money’.

M any secularised Muslims in the modern age fervently

believe that religion should have nothing to do with
economic and political life. Such Muslims would be at a loss to
explain, or even understand, the following incident in the life
of Prophet Muhammad (sallalahu ‘alaihi wa sallam):
Abū Sa’ῑd al-Khudri said that Bilāl brought the Prophet
some Barni dates, and when he asked him where he had gotten
them he replied:
“I had some inferior quality dates so I exchanged two
Sa’s of them for one Sa’ (of this).” The Prophet
THE GOLD DINAR AND SILVER DIRHAM

responded: “Ah! This is the very essence of Ribā, the

very essence of Ribā! Do not do so, but when you wish
to buy, sell the dates in a separate transaction, then
buy with what you get.”
(Bukhāri, Muslim)

We learn from the above that Prophet Muhammad

(sallalahu ‘alaihi wa sallam) prohibited an unequal exchange of
‘dates’ for ‘dates’. He declared such an exchange to be the very
essence of Ribā. Yet there is evidence that an unequal exchange
of ‘camels’ for ‘camels’ was permitted:
Yahya related to me from Mālik from Nāf’i that
Abdullah ibn Umar bought (i.e., exchanged) a female
riding-camel for four camels and he guaranteed to
give them in full to the buyer at ar-Rabādha.
(Muwatta, Imām Mālik)

The question naturally arises: why was there a prohibition

of an unequal exchange of dates, but no prohibition of an
unequal exchange of animals?
The answer to that question, located in a very important
Hadῑth of the blessed Prophet (sallalahu ‘alaihi wa sallam)
concerning Ribā, explains what is money in Islam:
Abī Sa’ῑd al-Khudri reported Allah’s Messenger as saying:
“Gold for gold, silver for silver, wheat for wheat,
barley for barley, dates for dates, and salt for salt.
(When a transaction is) like for like, payment being

24

CHAPTER TWO

made on the spot, then if anyone gives more or asks

for more, he has dealt in Ribā, the receiver and the
giver being equally guilty.”
(Sahῑh, Muslim)

The above Hadῑth of Prophet Muhammad (sallalahu ‘alaihi

wa sallam) has very clearly established the following:
Firstly, it established ‘money’ in Islam to be either
precious metals such as gold and silver, or other commodities
such as wheat, barley, dates and salt which are articles of
regular consumption as food but which have a shelf-life. Thus,
when there was a scarcity of gold and silver coins in the
market in Madina, commodities such as dates, which were
available in the market in plentiful supply, and which had a
shelf life, were used as money. Consequently, we can now
answer the above question.
The unequal exchange of camels for camels was permissible
since animals were never used as money. An unequal exchange
of dates for dates had to be prohibited, however, because dates
were used as money, and permission for such an exchange
would consequently open the door for a moneylender to lend
money on interest.1
If the same principle concerning the use of commodities
such as dates as money, were to be applied in the Indonesian
island of Java, for example, then rice could be used as money if
gold and silver coins were to be in short supply in that market.
In the island of Cuba on the other hand, sugar could be used as

25
THE GOLD DINAR AND SILVER DIRHAM

money, etc.
Some scholars of Islam argue that mankind is free to use
anything, even a grain of sand, as money. Therefore, in their
view there is no prohibition to printing paper and assigning
any value to the paper. However, grains of sand or shells found
on the seashore cannot qualify in Islam as money since,
according to the Hadῑth, they do not qualify as commodities
that were consumed regularly as food.
Secondly, when gold, silver, wheat, barley, dates and salt
(rice, sugar, etc.) were used as money, the value of the money
was ‘inside’ the money and not ‘outside’. Hence, the Hadῑth
established ‘money’ in Islam to possess intrinsic value.
Thirdly, money was always located within Allah’s creation
in a commodity that was created by Allah Most High, with
value assigned to it by Allah Most High Himself. He declared of
Himself that He was al-Razzāck, the creator of wealth.
We may now describe money located in the Sunnah to be
the following:

precious metals or other commodities as described
above,

money with intrinsic value,

money located within Allah’s creation with value
assigned to such money by Allah Most High Himself
Who is the creator of wealth.
Some scholars of Islam hasten to remind us that the

26

CHAPTER TWO

Sunnah is comprised of two parts. The first is that which has

come to us from the blessed Prophet but was based on Divine
guidance. And the second is that which was based on his
opinion. The Prophet has himself advised his followers in
respect of the second that “you are better informed about your
worldly affairs.” The implication of this advice was that there
was no obligation to follow such Sunnah.
The scholars go on to argue that ‘money’ falls in the
second category. As a consequence, they argue, it is perfectly
legitimate for Muslims to accept the present system of non-
redeemable paper-money in which the Jewish-Christian ruling
alliance simply has to print paper as money, assign a fictitious
value to it, and in the process become creators of as much
wealth as they want. They can then use their currencies to buy
anything they want in any part of the world. However, when
Muslims follow them in this blasphemous activity of creating
wealth out of nothing, a suitcase filled with Indonesian Rupiahs
or Pakistani Rupees cannot buy even a cup of coffee in
Manhattan.
Such scholars of Islam have never declared the present
monetary system of non-redeemable paper money to be
Harām, and it seems as though they never will. They are, of
course, very wrong in their judgement and they will have to
face the consequences on the Day of Judgement for that
atrocious failure. They do not consider that money in the form
of precious metals created by Allah Most High with intrinsic
value assigned to them by Allah Himself is firmly grounded in

27
THE GOLD DINAR AND SILVER DIRHAM

the blessed Qur’ān itself.

Allah Most High referred to a Dinār in this verse of Sūrah
Āle ‘Imrān:

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“Amongst the People of the Scripture (i.e., the Torah)
there are those who if entrusted (by a fellow Israelite)
with a Qintār (a treasure of money such as a heap of
gold coins) for safe-keeping, would return it upon
demand. Yet amongst them there are those who if
entrusted (by a Gentile, i.e., one who was not an
Israelite) with a (single) Dinār (a gold coin) for safe-
keeping, would not return it on demand unless the owner
were to persist in demanding the return of his property.
The reason for this (double standard) is because they
argue that the (religious law) placed no obligation on
them to be just and fair in their dealings with Gentiles.
But they tell a lie against Allah (Most High), and they
know full well (that it is a lie).”
(Qur’ān, Āle ‘Imrān, 3:75)

He also referred to a Dirham in this verse of Sūrah Yūsuf:

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28

CHAPTER TWO

“And they sold him for a few measly Dirhams and they
did so because they considered him to be of little worth.”
(Qur’ān, Yūsuf, 12:20)

In both these verses of the Qur’ān Allah Most High has

referred to ‘money’ as ‘gold’ and ‘silver’ coins. A Dinār was a
gold coin with intrinsic value, and a Dirham or silver coin, also
had intrinsic value. Both are firmly located in Allah’s creation
and both possess value assigned to them by Allah Himself Who
is the creator of wealth.
There are other verses of the Qur’ān that also refer to gold
and silver as wealth, and such wealth could be used as money
in the form of gold Dinārs and silver Dirhams:

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“Beautified for mankind is love of the joys (that come)
from women and offspring; and stored-up heaps of gold
and silver (i.e., heaps of Dinārs and Dirhams), and
horses branded (with their mark), and cattle and land.
That is comfort of the life of the world. Allah! With Him
is a more excellent abode.”
(Qur’ān, Āle ‘Imrān, 3:14)

29
THE GOLD DINAR AND SILVER DIRHAM

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“Lo! those who disbelieve, and die in disbelief, the
(whole) earth full of gold would not be accepted from
such an one if it were offered as a ransom (hence as
money through which he seeks to ransom his soul).
Theirs will be a painful doom and they will have no
helpers.)”
(Qur’ān, Āle ‘Imrān, 3:91)

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“O ye who believe! Lo! many of the (Jewish) rabbis and
the (Christian) monks devour the wealth of mankind
wantonly and debar (men) from the way of Allah. They
who hoard up gold and silver and spend it not (this
would obviously be in the context of use of gold and
silver as money) in the way of Allah, unto them give
tidings (O Muhammad) of a painful doom.”
(Qur’ān, al-Tauba, 9:34)

30

CHAPTER TWO

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“And were it not that (all) men might become of one
(evil) way of life, We would provide, for everyone that
blasphemes against (Allah) Most Gracious, silver roofs
for their houses and (silver) stair-ways on which to go
up, and (silver) doors to their houses, and thrones (of
silver) on which they could recline, and also Zukhruf
(i.e., gold). But all this were nothing but conveniences of
the present life: The Hereafter, in the sight of thy Lord is
for those who fear (Him).”
(Qur’ān, Zukhruf, 43:33-35)

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“And if you wish to have (one) wife in place of another
and you have given one of them a Qintār (i.e., a treasure
of gold and silver coins), then take not from it anything;
would you take it by slandering (her) and (doing her)
manifest wrong?”
(Qur’ān, al-Nisā, 4:20)

31
THE GOLD DINAR AND SILVER DIRHAM

The Qur’ān goes on to reveal the extraordinary news that

gold and silver would maintain their status as things of great
value in the next world as well. In other words, gold and silver
possess a spiritual reality as things of value in addition to their value
in this material world:

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“Their raiment will be fine green silk embroidered in
gold. Bracelets of silver will they wear. Their Lord will
quench their thirst with a drink (sparkling) with purity.”
[Hence gold and silver will remain precious and valuable
in the hereafter as well.]
(Qur’ān, al-Insān, 76:21)

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“Therein are brought round for them trays of gold and
goblets, and therein is all that souls (i.e., hearts) desire
and eyes find sweet. And you will abide therein forever.”
[Hence gold will remain precious and valuable in the
hereafter as well.]
(Qur’ān, al-Zukhruf, 43:71)

32

CHAPTER TWO

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“Then why are not gold bracelets bestowed on him, or
(why) come (not) with him angels accompanying him in
procession?” [Hence they recognised gold to be precious
and that it can be bestowed from above.]
(Qur’ān, al-Zukhruf, 43:53)

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“Gardens of Eternity will they enter: therein will they be
adorned with bracelets of gold and pearls; and their
garments there will be of silk.” [Hence gold will remain
precious and valuable in the hereafter as well.]
(Qur’ān, al-Fātir 35:33)

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deeds, to Gardens wherein rivers flow: they shall be
adorned therein with bracelets of gold and pearls; and

33
THE GOLD DINAR AND SILVER DIRHAM

their garments there will be of silk.” [Hence gold will

remain precious and valuable in the hereafter as well.]
(Qur’ān, al-Hajj, 22:23)

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“For them will be Gardens of Eternity wherein rivers will
flow; they will be adorned therein with bracelets of gold,
and they will wear green garments of fine silk and heavy
brocade: They will recline therein on raised thrones. How
good the recompense! How beautiful a couch on which to
recline!” [Hence gold will remain precious and valuable
in the hereafter as well.]
(Qur’ān, al-Kahf, 18:31)

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“(Even if) you have a house adorned with gold, or you
mount a ladder right into the skies, we shall not believe
in your mounting (into the skies) until you send down to
us a book that we could read.” Say: “Glory to my Lord!
Am I aught but a man – a messenger?” [Thus they

34

CHAPTER TWO

recognised gold to be something precious and of great

value.]
(Qur’ān, al-Isrā, 17:93)

Indeed, the gold Dinār is destined to play a very significant

role on Judgement Day itself. In a very long Hadῑth the weight
of goodness in a heart when measured against a Dinār would be
the measure by which people would be taken out of the hell-
fire. Here is the relevant passage from the long Hadῑth:
Abū Sa’ῑd al-Khudri reported: When the Day of
Resurrection comes a Mu’adhdhin (a proclaimer) would
proclaim: “Let every people follow what they used to
worship ...
Then their persons would be forbidden to the Fire;
and they would take out a large number of people who
had been overtaken by Fire up to the middle of the
shank or up to the knees. They would then say: O our
Lord not one of those about whom Thou didst give us
command remains in it (in Jahannam). He will then
say: Go back and bring out (from the hell-fire) those in
whose hearts you find good of the weight of a Dinār
Then they will take out a large number of people.
Then they would say: O our Lord! we have not left
anyone about whom You commanded us. He will then
say: Go back and bring out those in whose hearts you
find as much as half a Dinār of good. Then they will
take out a large number of people, and would say: O

35
THE GOLD DINAR AND SILVER DIRHAM

our Lord! not one of those about whom Thou

commanded us we have left in it. Then He would say:
Go back and in whose heart you find good to the
weight of a particle bring him out. They would bring
out a large number of people, and would then say: O
our Lord, now we have not left anyone in it (Hell)
having any good in him …”
(Sahῑh, Muslim)

The above verses of the Qur’ān and the above Hadῑth

demonstrate that gold and silver were created by Allah Most
High with great value bestowed on them, and that such value
would survive this mundane world to be retained in the next
world as well. The verses also demonstrate that Allah Most High, in
His wisdom, created gold and silver to be used, among other things, as
money. Whoever is so blind as to challenge this clear fact should
prepare himself to defend his view on Judgement Day.
Money with intrinsic value has today disappeared from
the money-system used around the world. The entire Muslim
world is also guilty of having abandoned ‘money’ that is firmly
grounded in the Qur’ān itself and which is of value even in the
hereafter. Muslims have already paid a horrible price for
having abandoned that ‘sacred money’ and accepted in its
place an utterly fraudulent means of exchange in the form of
‘secular money’.
Our purpose in this essay is to explain, briefly of course,
how and why the disappearance of Sunnah money has

36

CHAPTER TWO

occurred. We ask that those who read, understand and agree

with the arguments presented in this essay respond to the
following command of Prophet Muhammad (sallalahu ‘alaihi wa
sallam):
Abū Sa’ῑd al-Khudri said: I heard the Messenger of
Allah say: “Whosoever of you sees (anything that is)
evil, let him change it with his hand; and if he is not
able to do so, then with his tongue; and if he is not
able to do so, then with his heart; and that is the
weakest (state of) faith.”
(Sahῑh, Muslim)

37
Chapter Three
THE GRAND DESIGN

It is quite remarkable that Muslims and Christians both share

with Jews the belief that the historical process would
culminate with the Messiah ruling the world with justice from
Holy Jerusalem.

T here is a grand design that links international politics,

international monetary economics and religion with
today’s fraudulent monetary system. Let us explain.
Every Jewish child knows about, and believes in, a divine
promise communicated to the Israelite people in which Allah
Most High promised that history would end with one man, who
would be a Prophet and the Messiah, ruling the whole world
from the throne of David (‘alaihi al-Salām) in Holy Jerusalem
with eternal rule. Jews concluded there – from that history
would end with Pax Judaica (a Judeo-world-order), and with
Jerusalem once more at the center of the world as it was at the
time of Solomon (‘alaihi al-Salām). They believed that Pax
Judaica would validate the Jewish claim to truth, while
invalidating all other such claims.
THE GOLD DINAR AND SILVER DIRHAM

It is quite remarkable that Muslims and Christians both

share with Jews the belief that the historical process would
culminate with the Messiah ruling the world with justice from
Holy Jerusalem. However unlike Jews, Muslims and Christians
both believe that Jesus, the son of the Virgin Mary, was the
divinely promised Messiah. They also both believe that he was
raised into the heavens at the time of the attempt to crucify
him, and that he would return to rule the world from
Jerusalem exactly as divinely prophesied.
The Qur’ān explained the phenomenon of his return by
disclosing that Jesus was not crucified but, rather, that Allah
Most High caused it to appear as such:

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That they said (in boast), “We killed Christ Jesus the son
of Mary, the Apostle of Allah”; — but they killed him
not, nor crucified him, but so it was made to appear to
them, and those who differ therein are full of doubts,
with no (certain) knowledge, but only conjecture to
follow, for of a surety they killed him not. Nay, Allah
raised him up unto Himself; and Allah is Exalted in
Power, Wise.
(Qur’ān, al-Nisā, 4:157-158)

40

CHAPTER THREE

Christians have rejected that declaration of the Qur’ān,

and persist in their belief that Jesus was crucified.
Jews, on the other hand, reject Jesus as the Messiah, and
await another Messiah who would liberate the Holy Land for
Jews, bring them back to the Holy Land to reclaim it as their
own, restore the Holy State of Israel in the Holy Land, and then
cause that Israel to become the ruling state in the world. That
Messiah would then rule the world from Holy Jerusalem with
Pax Judaica and bring back the Jewish golden age.
There is compelling evidence that continues to
mysteriously unfold in the world that appears to validate the
Jewish claim to truth. After all, the ‘liberation’ of the Holy Land
took place in 1917. Then the world witnessed the subsequent
return of the Jews to the Holy Land to reclaim it as their own
some 2000 years after they were expelled from it by divine
decree. The establishment of the State of Israel then followed
in 1948, and subsequently growth of Israel to super-power
status in the world became evident. Along the way the Judeo-
Christian alliance that brought modern western civilization
into being has made steady progress towards the
establishment of a world government. It now appears to be
only a matter of time before Israel replaces USA as the ruling
state in the world, and a ruler of Israel makes his appearance as
the head of a world government based in Jerusalem, and he
makes the momentous claim that he is the Messiah!
Prophet Muhammad (sallalahu ‘alaihi wa sallam) informed
the world that Allah Most High, who had pre-knowledge of all

41
THE GOLD DINAR AND SILVER DIRHAM

events, had responded to the Jewish rejection of the true

Messiah by creating a false Messiah. He disclosed that Allah
Most High would release that evil being into the world in a
dimension of time other than our own (see chapter two of
‘Surah al-Kahf and the Modern Age’ entitled ‘The Qur’an and Time’),
and with a mission to impersonate the true Messiah.
Consequently Dajjāl the false Messiah would have to attempt to
establish a world government through which he would rule
over the world from Jerusalem.
There is information in the life of the blessed Prophet
which indicates that the false Messiah was released into the
world after the Prophet’s Hijrah to Madina had taken place, and
after the Jews of Madina had rejected him as a true Prophet
and the Qur’ān as the revealed word of Allah Most High.
‘Jerusalem in the Qur’ān,’ has explained this subject in quite some
detail.
The Prophet also disclosed that one of the most formidable
weapons that the false Messiah would use to achieve his goal of
ruling the world from Jerusalem would be that of reducing
mankind to such a state of internal spiritual blindness that
they would be incapable of perceiving his diabolical strategies
and would thus be deceived. (See ‘Surah al-Kahf and the Modern
Age’ chapter on ‘Moses and Khidr’). The Prophet disclosed the
supreme strategy through which the false Messiah would seek
to impose his universal dictatorship over mankind to be the
weapon of Ribā. With Ribā he would enslave with poverty those
who resist him, and empower with wealth those who accept

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CHAPTER THREE

and support him. The rich elite of mankind so created would

then be used as clients and surrogates to exploit and enslave
the poor masses and rule over them on behalf of the false
Messiah.

43
Chapter Four
THE GRAND DESIGN AND
THE JEWISH-CHRISTIAN ALLIANCE

The evil plan behind the whole system was also to get Western
currencies, as well as those of their surrogates, to constantly
increase in value in relation to other currencies. That was
achieved through the simple device of either coaxing or forcing
devaluation of targeted currencies. As such currencies were
devalued it resulted in a massive transfer of wealth from the
masses to the elite. It also forced labour into working for slave
wages, and it imprisoned those who took hard currency loans
from an ever-willing IMF and from European commercial
banks and now found themselves in ever-increasing difficulty
to repay those loans with interest. In fact, the entire monetary
system with its IMF centrepiece was specifically designed to
achieve such results. Targeted countries were trapped with
huge loans, were continuously drained of their wealth, and
were impoverished as they struggled to repay loans with
money that constantly lost value. It did not happen by
accident.
THE GOLD DINAR AND SILVER DIRHAM

T he Qur’ān has strictly prohibited Muslims from entering

into friendly relations or an alliance with such Jews and
such Christians who themselves reconcile and establish Judeo-
Christian friendship and alliance. It did so in the following
momentous verse of Sūrah al-Māidah:

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“Oh you who believe (in Allah Most High) do not take
(such) Jews and (such) Christians as your friends and
allies who themselves are friends and allies of each other.
And whoever from amongst you turns to them with
friendship and alliance belongs to them. Surely Allah will
not guide a people who commit such (an act of) Dhulm
(evil, wickedness).”
(Qur’ān, al-Māidah, 5:51)

We live in precisely such a world in which a Judeo-

Christian alliance has emerged for the very first time in
history. It is that alliance which has created modern western
civilization, and which now rules the world through the United
Nations Organization, etc. It has created a monetary and
economic system through which it has already succeeded in
unjustly enriching itself at the expense of the rest of the world.
It is that Jewish-Christian alliance which established the
International Monetary Fund. The Qur’anic verse quoted above
has prohibited Muslim membership in both the IMF and the

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CHAPTER FOUR

UN.
A rich elite now rules over the poor masses of mankind,
and the rich nations now rule over the rest of the world. In
addition, the wealthy ruling elite around the world now
constitute one Jamā’ah, and the stage is now set for the
appearance of their one Amῑr, who would rule the world from
Jerusalem and would be the false Messiah.
Those who cannot recognize Dajjāl the false Messiah as the
mastermind behind the present world-order, now rule almost
the entire Muslim world. They consequently defy the Qur’ānic
prohibition while establishing and maintaining friendly ties
and even alliance with that Judeo-Christian alliance. So long as
such people continue to rule over Muslims the Ummah of Muhammad
(sallalahu ‘alaihi wa sallam) would continue to remain imprisoned in
miserable poverty and incapable of resisting those who wage war on
Islam on behalf of the State of Israel.
We now describe one of the processes of Ribā through
which Dajjāl empowers with wealth those who support him,
and enslaves with poverty those who oppose him. What he did
was to establish an international monetary system that
corrupted money in such a way that it could be manipulated
and made to function as a vehicle of legalized theft, gigantic
fraud, and economic oppression. One of the very visible forms
of such is the exploitation of labor through slave wages.
Around the world of the so-called free market economy today,
governments have found it necessary to impose minimum
wage legislation in order to prevent bloody rebellion by those

47
THE GOLD DINAR AND SILVER DIRHAM

imprisoned in slave wages.

The reader can easily recognize the very heart of the
process of legalized theft in the international monetary system
that the Judeo-Christian alliance has created by focusing
attention on an event that occurred in April 1933. The US
Government enacted legislation at that time prohibiting
American residents from keeping gold coins, bullion or gold
certificates in their possession. Gold coins were demonetized,
and were no longer permitted as legal tender. They could not
be used as money. If anyone was caught with such gold after a
certain date, he could be fined $10,000 and/or be imprisoned
for six months. In exchange for the gold coins and bullion, the
Federal Reserve Bank offered paper currency (i.e., US dollars)
with an assigned numerical value of $20 for every one ounce of
gold.
Most Americans rushed to exchange their gold for paper
currency, but those who were aware of the rip off that was
about to take place bought gold with their paper currency and
then shipped the gold away to Swiss banks.
It is significant that the British government also
demonetized gold coins in the same year as the US. They did so
through the simple expedient of suspending the right to
redeem the sterling paper pound for gold.
After all the gold in USA had been exchanged for paper
currency, the US Government then proceeded in January 1934
to arbitrarily devalue the US paper dollar by 41% and to then

48

CHAPTER FOUR

rescind the law of prohibition concerning gold that was

previously enacted. The American people rushed back to
exchange their paper currency for gold at the new exchange
value of $35 per ounce of gold. In the process, they were
robbed of 41% of their wealth. The reader can now easily
recognize the legalized theft that takes place when paper
currency is devalued.
The Qur’ān has specifically prohibited, hence declared
Harām, such a robbery of people’s wealth. It has done so, for
example, in these verses of Sūrah al-Nisā and Sūrah Hūd:

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“O ye who believe! Do not appropriate each others
property and wealth in a manner that is unjust and
unfair: Rather, let business be transacted in a manner
that brings mutual satisfaction …!”
(Qur’ān, al-Nisā, 4:29)

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“And O my people! give just measure and weight, and do
not deprive people of what is rightfully theirs by

49
THE GOLD DINAR AND SILVER DIRHAM

diminishing the value of their things (such as value of

labour, merchandise, property, etc.) and do not commit
evil in the land with intent to corrupt and destroy.”
(Qur’ān, Hud, 11:85)

And Prophet Muhammad (sallalahu ‘alaihi wa sallam) has

declared such transactions which are based on deception, and
which yield a profit or gain to which one is not justly entitled
(i.e., acts of ‘ripping off’), to be Ribā.2
The Federal Reserve Bank appeared in the above incident
to have initiated a ‘trial run’ to test domestically the new
monetary system through which a massive and unjust transfer
of wealth throughout the unsuspecting world could be
achieved. That transfer would take place through the simple
device of creating money out of worthless paper and then
forcing paper currency upon all of mankind. Those who
control the monetary system would then target certain
currencies and force them to be continuously devalued. As
such paper currencies lost value the unsuspecting masses
would suffer massive loss of wealth, however, their ‘loss’ would
result in ‘gain’ for others.
Less than two years earlier, in September 1931, the British
pound was devalued by 30% and this gradually increased to
40% by 1934. France then followed with a devaluation of the
French Franc by 30%, the Italian Lira was devalued by 41%, and
the Swiss Franc by 30%. The same thing subsequently
happened in most European countries. Only Greece went

50

CHAPTER FOUR

beyond the rest of Europe to devalue its currency by a

whopping 59%.
What appeared to be “beggar thy neighbour” policies of
1930s — using currency devaluations to increase the
competitiveness of a country’s export products in order to
reduce balance of payments deficits — resulted in plummeting
national incomes, shrinking demand, mass unemployment, and
an overall decline in world trade that came to be known as the
great depression. However, it prepared the way for the
imposition of an international monetary system that ostensibly
sought to bring order and prevent chaos in the world of money
and trade. In other words, the great depression was artificially
contrived in order to justify the imposition of an international
monetary system that would bring order to a chaotic world of money.
This unusual and highly suspicious collaboration amongst
European countries in the almost simultaneous and utterly
fraudulent devaluation of their currencies should have
awakened Muslims to the grave dangers posed by the European
Judeo-Christian monetary system of paper currencies.
The Judeo-Christian alliance went on to establish a ‘paper
currency’ international monetary system at Bretton Woods.
They used the link between the US dollar and gold in the
Bretton Woods Agreement as a fig leaf to hide the fact that
paper could now be printed and used as money without any
requirement that it be redeemable in the market in real
money, i.e., money with intrinsic value. The Bretton Woods
Agreement paved the way for the International Monetary Fund

51
THE GOLD DINAR AND SILVER DIRHAM

to be established in 1944 with the explicit function of

maintaining an international monetary system of precisely
such non-redeemable paper currencies. By 1971 even the fig
leaf disappeared when USA reneged on their treaty obligation
under international law to redeem US dollars for gold.
It is amazing, really, that there was no significant Islamic
intellectual response warning and mobilising Muslims to
oppose the new fraudulent monetary system. If scholars of
Islam were blinded by the fig leaf that was the US dollar, and
could not see the fraudulent nature of the monetary system,
there has been no fig leaf since 1971 that could cover the shame
of legalised theft. Yet the world of Islamic scholarship still
failed to see that modern paper money was Harām.
Consequently, the entire Muslim world blindly followed the
Judeo-Christian alliance into the proverbial monetary lizard’s
hole.
As the European Judeo-Christian alliance decolonised the
rest of the colonised world they ensured that the decolonised
non-European world was absorbed into the new monetary
system through membership in the International Monetary
Fund. The Articles of Agreement of the IMF prohibited the use
of gold as money.
It did so by prohibiting any link between gold and paper
currencies other than the US dollar. Art. 4 Section 2(b) of the
Articles of Agreement stated:
“exchange arrangements may include (i) the

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CHAPTER FOUR

maintenance by a member of a value for its currency

in terms of the special drawing right or another
denominator, other than gold, selected by the
member, or (ii) cooperative arrangements by which
members maintain the value of their currencies in
relation to the value of the currency or currencies of
other members, or (iii) other exchange arrangements
of a member’s choice.”
In April 2002, US Congressman Ron Paul sent the following
letter to both the Treasury and the Federal Reserve Bank
asking why the IMF prohibits gold-backed currencies for its
member states:
Dear Sirs:
I am writing regarding Article 4, Section 2(b) of the
International Monetary Fund (IMF)’s Articles of
Agreement. As you may be aware, this language
prohibits countries who are members of the IMF from
linking their currency to gold. Thus, the IMF is
forbidding countries suffering from an erratic
monetary policy from adopting the most effective
means of stabilizing their currency. This policy could
delay a country’s recovery from an economic crisis
and retard economic growth, thus furthering
economic and political instability.
I would greatly appreciate an explanation from both
the Treasury and the Federal Reserve of the reasons

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THE GOLD DINAR AND SILVER DIRHAM

the United States has continued to acquiesce in this

misguided policy. Please contact Mr. Norman
Singleton, my legislative director, if you require any
further information regarding this request. Thank you
for your cooperation in this matter.
Ron Paul, U.S. House of Representatives

It is significant that neither the Federal Reserve Bank nor

the US Treasury Department has so far responded to this
request for an explanation. The reason why they have not
responded is that there is no explanation other than the fact
that the monetary system established through the IMF was
designed to rip off mankind and eventually impose financial
slavery on all those people who are targeted by the Jewish-
Christian alliance which now rules the world.
The IMF was used to establish a new international
monetary system with new and strange monetary terminology,
and Muslims found themselves confronted by terms they had
never before experienced. There was a world of a difference
between ‘local (paper) currency’, which was accepted as a
medium of exchange in the country in which it was issued, and
‘foreign exchange’ paper currency that was the medium of
exchange for trade outside of that country. Therefore, if
Muslims in Malaysia wanted to sell goods to Muslims in
neighbouring Indonesia, the Indonesians had to find foreign
exchange to pay for their purchases. However, such foreign
exchange was, for all practical purposes, limited to European
paper currencies and, in particular, to the US dollar. Thus, the

54

CHAPTER FOUR

trap was set for demand for such European currencies as the
US dollar that then became known as ‘hard’ currency. So long
as the Judeo-Christian alliance could maintain demand for
their paper currencies all that they had to do was to keep on
printing such money and, in the process, keep on creating
wealth out of nothing.
The evil plan behind the whole system was also to get
Western currencies, as well as those of their surrogates, to
constantly increase in value in relation to other currencies.
That was achieved through the simple device of either coaxing
or forcing devaluation of targeted currencies. As such
currencies were devalued it resulted in a massive transfer of
wealth from the masses to the elite. It also forced labour into
working for slave wages, and it imprisoned those who took
hard currency loans from an ever-willing IMF and from
European commercial banks and now found themselves in
ever-increasing difficulty to repay those loans with interest. In
fact, the entire monetary system with its IMF centrepiece was
specifically designed to achieve such results. Targeted
countries were trapped with huge loans, were continuously
drained of their wealth, and were impoverished as they
struggled to repay loans with money that constantly lost value.
It did not happen by accident.
Finally, and most glaring of all, the new international
monetary system of paper money facilitated the banking
system, through fractional reserve banking, to lend on interest
money it did not possess. That, also, was legalised fraud. I

55
THE GOLD DINAR AND SILVER DIRHAM

suspect that the Muftis of Islam neither understand what is

meant by fractional reserve banking, nor do they have
adequate knowledge of the history of international monetary
economics briefly described in this essay. When electronic
money totally replaces paper currency, and the unjust
monetary system perfects itself, I fear that the Muftis would
declare ‘electronic money’ as well to be Halāl.
The IMF was created with a specific purpose of preventing
currency exchange restrictions that would hinder the constant
devaluation of targeted currencies. Thus the Articles of
Agreement declared that the IMF would “assist in the …
elimination of foreign exchange restrictions which hamper the growth
of world trade.” The elimination of foreign exchange restrictions
would then expose a targeted currency to financial attacks that
would create opportunities for windfall profits as the
currencies lost value.
The international monetary system that emerged out of
the Bretton Woods Conference has already succeeded in
imprisoning the masses of mankind, including nearly the
entire Muslim world, in the prison of permanent poverty and
(sometimes) destitution. However, when paper money is
replaced by electronic money, such would bring in its wake
financial slavery. Muslims must respond in an appropriate way
if they are to ever expect any divine assistance that could
deliver them from financial slavery. What can that response
be? Where should they begin?
Before we address this question let us be aware that Dajjāl

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CHAPTER FOUR

will have to restore gold and silver coins as money. He has no

choice in the matter. It is to this subject that we now turn.

57
Chapter Five
ISRAEL AND GOLD COINS

It should now be clear to readers that Dajjāl will not be able

to complete his mission of impersonation of the true Messiah
unless until Israel restores money which is Shariah –
compliant. Such will have to be Gold and Silver coins minted
with no graven images.

O ur readers will surely be surprised to learn that Israel will

eventually have to mint gold and silver coins and make
such coins legal tender in that country. Perhaps the coins have
already been minted and stored for future use. Perhaps it
would be at that time when gold and silver coins become legal
tender in Israel that Muftis and other Islamic scholars who
continue to obstinately defend the present bogus monetary
system of paper and electronic money will finally see the light
and hasten to follow the Israeli example.
Israel will have to restore gold and silver as money in
order for Dajjāl’s claim to be the Messiah to be credible. Why is
this so?
I learnt of Israel’s link with gold coins when I represented
THE GOLD DINAR AND SILVER DIRHAM

Islam at a Jewish / Christian / Muslim dialogue at Drew

University in New Jersey, USA, sometime in the mid-90s. I was
directing the attention of the gathering to the manifest
corruption of the Torah which prohibited a Jew from lending
money on interest to another Jew but permitted him to lend on
interest to those who are not Jews, when I made the mistake of
suggesting that Jewish money-lenders were lending money on
interest in the Temple when Jesus cursed them and chased
them out of the Temple.
The dozen or more Rabbis who were present, as well as the
large number of Christian Ministers also present (I was the
only Muslim scholar participating in the Dialogue) were quite
amused at my mistake and immediately corrected me. Little
did they realize that their correction would one day allow me
to anticipate that Israel will eventually have to restore gold
and silver coins as money.
They explained to me that the Roman coins had graven
images on them and this was prohibited in the Jewish Shari’ah
(i.e. sacred law). And so the Temple minted its own gold and
silver coins and the money-changers would change the
people’s Roman money for Temple money which they would
then use to make payments to the Rabbis and make pious
donations to the Temple. However the money-changers were
ripping-off the people in the process of changing their Roman
money for Temple money. It was to that rip-off which was also
a form of Ribā that Jesus (‘alaihi al-Salām) responded when he
cursed them.

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CHAPTER FIVE

It should now be clear to readers that Dajjāl will not be able

to complete his mission of impersonation of the true Messiah
unless until Israel restores money which is Shariah – compliant.
Such will have to be Gold and Silver coins minted with no
graven images.

61
Chapter Six
OUR RESPONSE IS TO COUNTER-ATTACK

Rice farmers in the Indonesian island of Java must be made to

understand that Allah Most High did not create Java as a
gigantic rice bowl so that every new rice crop be consumed as
food. Rather they must understand that Allah Most High
provided them with such an abundance of rice that they might
also use rice as a strategic weapon to combat Harām money.
They must first be advised and persuaded to refuse to sell their
rice for Harām paper or electronic currency. Rather they
should insist on payment for rice in gold. They must then
move to monetize their rice by using the rice itself as money
with which to buy and sell. Whenever they reap a new crop of
rice they can eat the old crop and use the new crop as money.

W henever Muslims become conscious of the fact that they

have abandoned a Sunnah of Prophet Muhammad
(sallalahu ‘alaihi wa sallam) while following the Judeo-Christian
alliance into the lizard’s hole, their basic response must be to
make Taubah i.e., to turn away from misguidance and to try to
recover that lost Sunnah. However, when that Sunnah is also
firmly located in the Qur’an, as is the gold Dinār and silver
THE GOLD DINAR AND SILVER DIRHAM

Dirham, then they must seek Allah’s forgiveness even more for
that act of betrayal and they must hasten to earn His
forgiveness by waging a struggle to recover that which was
abandoned. How should they wage that struggle? What should
they do?

Stage One

The first stage of the process of recovery of the lost Sunnah

is to launch a mass program of public education concerning
‘money’ in the Qur’ān and Sunnah. This booklet was written to
assist in that mass program to educate the Muslims.
We should also mint gold and silver coins for use in
fulfilling religious obligations such as payment of Zakāt. Such
coins would also function as a ‘store of value’ and provide the
people with a means of securing their wealth from losses that
attend the devaluation of paper money. However the act of
minting gold coins and putting them on sale offers little relief
to the poor destitute masses who would have difficulty in
buying and then storing even a single Gold Dinār. However,
minting the Gold Dinār and Silver Dirham and offering them for sale is
certainly of value in furthering the process of public education.
It is when gold and silver coins enter a market to function
as a ‘medium of exchange’ and as a ‘measure of value’, that
Sunnah money would be fully restored. Such money would
immediately expose the fraudulent nature of paper money.
The principle is that good money exposes bad money. We can

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CHAPTER SIX

expect that the Judeo-Christian alliance that now rules the

world, as well as its clients in the Muslim world, and the
banking world in general would resist all efforts we may make
to have gold and silver recognized as legal tender in the
Muslim world.
As a consequence one of the Islamic responses to the
monetary predicament would be to focus attention on legal
tender laws that prohibit the use of gold and silver coins as
legal tender. The effort to respond to such immoral and
oppressive laws must be pursued in the form of a struggle that
conforms to the strategic Sunnah (i.e., the Sunnah of the blessed
Prophet as far as he struggled against oppression). That Sunnah
teaches us that a mass program of public education is the first
stage of the struggle of liberation from political and economic
oppression. This essay was written for precisely that purpose.
However, many Muslims cannot be convinced of the
fraudulent nature of paper money in today’s monetary system
so long as the Ulama themselves do not understand the subject
and persist in defending the validity of such money. It might
thus be helpful if the Muslim peoples could be made aware of
the Hadῑth in which the blessed Prophet warned of an age when
the ‘Ulamā of Islam would betray Islam to such an extent that
they would become “the worst people beneath the sky” and that
“nothing would remain of Islam but the name”:
“It would not be long before that time comes when
nothing would remain of Islam but the name, and
nothing would remain of the Qur’ān but the (traces of

65
THE GOLD DINAR AND SILVER DIRHAM

the) writing. (At that time) their Masājid would be

grand structures but would be devoid of guidance.
And (at that time) their ‘Ulamā would be the worst
people beneath the sky. From them would emerge
Fitnah, and to them would it return.”
(Sunan, Tirmidhi)

Stage
Stage Two

In the second stage of the struggle we retreat to the

remote country-side and launch an effort to convince the
micro-markets of the country-side to refuse to accept or to use
Harām paper and electronic money for buying and selling.
Instead such markets should be introduced to Sunnah money in
the form of Dinārs and Dirhams. We may even make an effort to
create our own markets which prohibit the use of Harām paper
and electronic money and instead use Sunnah money.
It is quite likely however, that we may not succeed in
getting sufficient Dinārs and Dirhams to satisfy demand in our
micro-markets. In such a situation the market in Madina used
dates as money. And this brings us to the strategic role that the
island of Java can play in ensuring success for our counter-
offensive.
Rice farmers in the Indonesian island of Java must be made
to understand that Allah Most High did not create Java as a
gigantic rice bowl so that every new rice crop be consumed as
food. Rather they must understand that Allah Most High

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CHAPTER SIX

provided them with such an abundance of rice that they might

also use rice as a strategic weapon to combat Harām money.
They must first be advised and persuaded to refuse to sell their
rice for Harām paper or electronic currency. Rather they
should insist on payment for rice in gold. They must then move
to monetize their rice by using the rice itself as money with which
to buy and sell. Whenever they reap a new crop of rice they
can eat the old crop and use the new crop as money.
Micro-markets in the remote Java country-side which
refuse Harām money for buying and selling and use rice instead
as money should be rapidly replicated until thousands of such
markets are established all over the Java countryside. Nowhere
else in the Muslim world do such favourable conditions exist as
in the island of Java for successfully implementing this second
stage of the plan.

Stage Three

Once the centre of Java has been encircled by a periphery

that uses Sunnah Money, it would be only a matter of time
before the fraudulent money in the cities and towns loses
credibility and is universally rejected. Sunnah money will keep
on advancing from the countryside towards the cities until
bogus money collapses and truth and justice eventually
triumphs over falsehood and legalized theft in the entire island
of Java.
Java’s success in restoring Sunnah money will then

67
THE GOLD DINAR AND SILVER DIRHAM

function as a catalyst that will inspire the rest of the world of

Islam to wage a similar struggle.
Our readers (particularly in Indonesia) have work to do.
They should act without further delay.

68
 Notes

1
The Qur’an has made a firm distinction between ‘business’
and ‘money-lending’. In every business transaction there must
be an element of risk in consequence of which the transaction
might yield a profit or suffer a loss. Allah Most High can then
intervene to ‘take’ from some and to ‘give’ to others. In this
way He, Most High, would ensure that wealth would circulate
throughout the economy. The rich would then not remain
permanently rich, and the poor would not be imprisoned in
permanent poverty.
When money is lent on interest, however, the money-lender
insulates himself to the maximum extent possible from
suffering any loss. As a consequence money does not circulate
in an economy based on money being lent on interest. The rich
remain permanently rich and the poor remain permanently
poor and vulnerable to exploitation. Miserable poor Muslim
Indonesian village-women, for example, must work as maids
for the ruling non-Muslim tribe in Singapore despite the fact
that their employers are hostile to Islam. And, in addition to
having to cook and serve pork, must also work for 24 hours a
THE GOLD DINAR AND SILVER DIRHAM

day without any day of rest and all of that for slave wages.
2
Anas ibn Malik said that the Messenger of Allah said:
Deceiving a mustarsal (someone who is unaware of
market prices) is Ribā.
(Sunan Baihaqi)

Abdullah bin Abu Aufa said:

A man displayed some goods in the market and took a
false oath that he had been offered so much for them
though he was not offered that amount. Then the
following divine verse was revealed: Verily! Those who
purchase a little gain at the cost of Allah’s covenant and
their oaths . . . will get painful punishment. (3:77) Ibn Abu
Aufa added: Such a person (as described above) is a
treacherous consumer of Ribā.
(Bukhari)

Transactions based on deception such as concealing the

market price, can permit a seller or buyer to sell or buy goods
at a price higher or lower than the market price, and thus
realise a gain or profit greater than that to which he was justly
entitled. We may now deduce that any transaction which is
based on deception and which realises for the agent of
deception a profit or gain greater than that to which he is
justly entitled would be Ribā. The modern monetary system
based on non-redeemable paper currencies that constantly

70

NOTES

lose value constitute precisely such deception that yields profit

or gain to which they creators of the monetary system are not
justly entitled. Hence it must be recognised as Ribā.

71