Polri: Founders Of Muamalah Market Determine Exchange Prices And Take 2.5 Percent Profits

Head of Public Relations Division of the National Police Kombes Ahmad Ramadhan (center). (ANTARA / HO-Polri)

JAKARTA - Bareskrim Polri said Zaim Saidi, founder of Pasar Muamalah Depok, West Java, determined the purchase price for dinars and dirhams. Even Zaim Saidi also took advantage when buyers exchanged money.

"The suspect ZS determined the purchase price of the dinar and dirham coins according to the price of PT Aneka Tambang," said Head of Public Relations Division of the National Police, Kombes Ahmad Ramadhan, to reporters, Wednesday, February 3.

Ramadan said the suspect took a 2.5 percent profit from the margin. Dinar currency has an exchange rate of IDR 4 million for one dinar. Meanwhile, one dirham is equivalent to a value of IDR 73,500.

"The dinar used as a payment instrument in the Muamalah market is gold coins of 4 1/4 grams, 22 carat gold, while the dirhams used are silver coins weighing 2.975 grams of pure silver," he said.

In addition, the gold used to make dinars was ordered from several parties. Meanwhile, silver was ordered from a craftsman in Jakarta.

"The dinars and dirhams were ordered from PT Antam, the Sultanate of Bintan, the Sultanate of Cirebon, the Sultanate of Ternate at a price according to the reference of PT Atam. In addition, the silver dirhams were obtained from craftsmen in Pulomas, Jakarta from a lower price than the reference of PT Antam," he said.

In this case, Zaim Saidi was charged with Article 9 of Law Number 1 of 1946 concerning criminal law and Article 33 Number 7 of 2011 concerning Currency with the threat of 1 year in prison and a fine of IDR 200 million.