The Return of the Gold Dinar

The Return of the Shari'ah currency, the Gold Dinar and Silver Dirham, poses a new understanding of wealth and prosperity that differs from conventional Economics. This new understanding is a new paradigm which we call Mu'amalat (social transactions and relationships) a significant part of which is Islamic trading. Islamic trading represents the wider frame in which the Islamic Gold Dinar standard can operate as intended by Islamic Law. Only through Islamic trading can we realise the full potential of the return of the Shari'ah currency. The full implementation of Islamic trading in effect proposes a complete replacement capitalism.

The return to Islamic trading is essentially a defence and enhance of trade. Why do we need to defend trade? Who/what is attacking trade? Trade has been abolished under the present legal and monopolistic world order. To avoid misunderstanding we must clarify that what the World Trade Organisation (WTO) calls Trade, is not Trade in the sense of the natural order of things, but from even an Islamic perspective what we might call monopoly distribution.

For trade to exist we need the need the return of some fundamental institutions now lost. The most important of those is the open/public market —Islamic market or Suq— and second in importance, the caravans. The evidence of the return of trade will be the return of the caravans.