Antam Denies Supplying Dinar-Dirhams To Zaim Saidi: Our Products Are For Collection Only

JAKARTA - Many citizens discuss, investment instruments of dinar and dirham coins are used as buying and selling transactions at Muamalah Market, Depok. The founder of the Depok Muamalah Market, Zaim Saidi, admitted that the dinars used for exchange were obtained from PT Antam Tbk. He ordered custom or modified dinar-dirham coins.

Responding to this, PT Antam's SVP Corporate Secretary Kunto Hendrapawoko emphasized that there were no orders for dinars and dirhams in the company list in the name of Zaim Saidi or Amirat Nusantara.

"From our historical data, there were no orders for gold dinar coins and silver dirham pieces from Amirat Nusantara or Amir Zaim Saidi," he said, when contacted by VOI, Friday, February 5.

Kunto said, Antam can indeed provide various precious metal products that can be ordered custom. Starting from coins, silver, gold bars, badges to medals can also be made custom. This is because Antam is a producer of precious metals with a wide variety of products.

Apart from that, he said, Antam also made investment products in the form of gold dinars and silver dirham coins. In principle, the product is similar to the standard certicard coins produced by the company.

"The production of dinar gold coins and silver dirham coins is not intended as a medium of exchange. Because the dinars and dirhams that Antam produce are collectible items, the same as gift series gold or batik gold," he said.

For your information, the demand for dinars and dirhams tends to stagnate because their prices tend to be higher than Antam's gold. In fact, the tax imposed by the government when buying dinars and dirhams is 10 percent.

Meanwhile, gold bar tax is only 0.45 percent for investors who have a Taxpayer Identification Number (NPWP). Meanwhile, for investors who do not have an NPWP, the gold bar tax is 0.90 percent.

The price difference was also caused by the fact that dinar and dirham products were made for collectibles or as art objects that had more value.

The trading mechanism for gold dinar coins and silver dirham coins at Antam is the same as for the sale and purchase of Antam's other precious metals, namely cash and carry. Kunto explained, basically the calculation of the valuation of the dinar gold coins and silver dirham pieces which are calculated is the weight and content of the gold or silver coins which are then converted into rupiah values.

"In the sale process, a customer who buys Antam's gold dinar and silver dirham coins must pay the amount of money and gold or silver content contained in the coins. If they are to be resold to Antam, they also follow the buyback price provisions that apply on the day of the transaction. , "he explained.

Meanwhile, Bank Indonesia (BI) revealed the reasons for not using dinars and dirhams as means of payment transactions in the country. This is because the legal means of payment in Indonesia is only rupiah.

Executive Director and Head of the BI Communication Department Erwin Haryono said this is in accordance with the provisions of Law Number 7 of 2011 concerning Currency. In the regulation, it is stated that the only currency issued by the state is the rupiah, so that it becomes a public payment instrument.

Because of this, said Erwin, the national central bank urged the public to only transact using legal payment instruments. In addition, payments using rupiah are much safer because they are recognized by the state as a means of payment.

"We emphasize that dinars, dirhams or other forms other than rupiah currency are not legal instruments of payment within the Republic of Indonesia," Erwin said in an official statement, Thursday, February 4.

Previously, payment transactions using dinars and dirhams took place in Depok, West Java. The transaction was found in a number of markets called Muamalah Market. In fact, this payment in dinars and dirhams was also viral on social media.

Later, the manager and initiator of the use of dinars and dirhams at Muamalah Market, Zaim Saidi, was arrested by the police. He was named a suspect for being the initiator of the transaction using the dinar and dirham, which are not the official currencies in Indonesia.