Malaysia is exploring the adoption of the gold dinar
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News Date: October 18, 2023
Malaysia is actively exploring the adoption of the gold dinar as a reserve currency, with Prime Minister Datuk Seri Anwar Ibrahim announcing this initiative in the Dewan Rakyat, the lower house of parliament.
An upcoming meeting on Islamic economics and finance in December will serve as a key platform for discussing and evaluating the feasibility and benefits of introducing a gold-backed currency.
This endeavor reflects Malaysia's commitment to sound economic management and its respect for Islamic financial traditions, with potential implications for both domestic and international financial systems.
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Source: www.youtube.com
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Sources: twitter.com, www.today.ng
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Source: www.kitco.com
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Sources: twitter.com, www.theguardian.com
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Sources: www.breitbart.com, www.reuters.com


