What Is Gold Dinar? This Is Understanding To Profit Loss When He Was An Investment Instrument

Illustration of gold coins (Unsplash)

YOGYAKARTA Did you know that in Islamic teachings, dinar gold is often mentioned as a medium of exchange. Although popular and well known in Indonesia, not everyone knows what dinar gold is. To increase knowledge, this article will discuss matters related to dinar gold starting from its meaning, value, to its benefits.

According to the Big Indonesian Dictionary (KBBI), dinars have two talents, namely old gold currency and currency in several countries, such as Algeria, Bahrain, and Iraq.

In general, dinar gold is a pure gold coin used as a medium of exchange for trade transactions in ancient times, especially in the Middle East region. The existence of dinars also has a special place in Islamic teachings. The reason is, dinar became one of the currencies used during the time of the Prophet Muhammad until the glory of gold and silver as currency ended and changed with paper money.

Dinar dirham is a Muslim currency that was used during the time of the Rasulullah, until the end of the heyday of Islam with the end of gold and silver as currency. After gold and silver end as currency, it is replaced with paper money which is still used.

Quoted from the NU Online website, the dinar weighs 4.25 grams with a level of 22 carats or the purity reaches 91.74 percent. According to Sheikh Yusuf Qaradhawi's view in Fiqhu al-Zakat, 1 dinar is equivalent to 1 mitsqal or equivalent to 1/7 troy ounce which is based on Open Mithqal Standard (OMS).

For information, OMS is a standard used to determine the weight and size of modern dirhams and dinars with the standards used by Muslims during the Prophet.

Dinar's special position in Islam is certainly a reference for Muslims in Indonesia. Even people can get dinars for various purposes. In Indonesia, dinars can be obtained through PT Aneka Tambang (Antam) Tbk. However, it must be noted that in Indonesia, dinars cannot be used as a means of payment, but people can have dinars as a collection or as an investment.

Excess And Lack Of Dinar

As mentioned earlier, dinars are used as a means of investment for some people. There are a number of advantages that can be obtained by investing in dinars, namely as follows.

Even though they have some advantages, the public must also know that dinars have shortcomings, namely as follows.

Those are some information related to what gold dinars are. To get news of updates, visit VOI.ID.