Differences In Dinar And Dirhams Made In Investment

Differences in Dinar and Dirham (Insaudiarabian image)

YOGYAKARTA - In ancient times, gold dinars or silver dirhams were often applied as transaction tools. Now, dinars and dirhams are more often used as means of investment or store of assets than as a medium of exchange.

Like gold bars, dinars and dirhams are also relatively immune to inflation. It's time for us to discuss the differences of Dinar and Dirham.

This is because the price of precious metals tends to continue to increase from year to year. Along with the widespread popularity of its users, many people use these two precious metal coins as wedding dowry, gifts, and zakat payments.

The gold dinar and gold coins have no difference in shape and content. However, the difference lies in the carving design of Islam and the weight of the asset. If you buy gold bullion or coins, then you can have them in size starting from 0.1 grams.

Meanwhile, the amount of gold dinar refers to the stipulation of the Islamic Sharia rule. Weighing 1 dinar means 1/7 troy ounce or 4.25 grams. In this case, there is also the amount of 1 harus2 dinars, 1 harus4 dinars, 2 dinars, or 4 dinars.

Mulia Metal Content

The dirham gold contains 22 carat or 24 carat pure gold. Meanwhile, dirham consists of precious metals containing 99.95 percent silver.

Price Per Keping

As for the price difference per piece. In this case, the price of dinar gold tends to be higher because it contains pure gold. The purchase price of dinars is IDR 3,258,260.00 per piece according to data on September 12, 2022. Meanwhile, the purchase price of dirhams is IDR 62,725.00.

Coin Formation

Usually, gold dinars and dirhams are in the form of sheaves such as coins with prints with Islamic nuances or carvings of simple articles. However, the design and carving of coins can be different from each printing company

Coin Weight

Based on Islamic rules, dinars are precious metals that weigh 1 mitsqal or 1/7 troy ounce or 4.25 grams.

Meanwhile, dirhams contain silver levels weighing 1/10 troy ounce or 3.11 grams. The weight of these assets refers to the instructions of Open Mitsqal Standard (OMS).

So after knowing the differences between Dinar and Dirham, see other interesting news on VOI, it's time to revolutionize news!