Shaykh Imran Hosein:: The Gold Dinar & Silver Dirham: Islam & the future of money
19-11-2007
[The
Shaykh, Imran Nazar Hosein (hafidhullah), has written a small treatise entitled,
“The Gold Dinar and the Silver Dirham: Islam and the future of money.” The book
is about how the IMF uses paper currency to enslave the masses and how the gold
dinar and silver dirham is the only way for farmers and poor people to ensure
their rights. The following is an introduction to the book by the Shaykh, may
Allah preserve him. To download the book, click
here.]
I am happy that this booklet was written here in Kuala Lumpur, Malaysia, a city
which has been so kind and hospitable to me over the years, and was completed in
blessed Ramadan 1428H while I am still engaged in a year-long Islamic
lecture-tour, and far away from the comforts of my home in the Caribbean island
of Trinidad.
A writer who writes a book while traveling, as many distinguished scholars of
Islam have done in our glorious past, suffers from the disadvantage of not
having access to his library of books, and often has to quote from memory. As
such, minor errors can result from lapses of memory. I seek forgiveness for
such.
The size of this booklet has been kept deliberately small in order to encourage
our people to read it.
The language used is also quite simple and free from such technical economic
jargon as fiat money.
Hence the average reader should encounter no difficulties in respect of
language. It is very likely that terrible events will unfold in the world of
money within a brief time of the publication of this booklet that would validate
the analysis conducted. Hence readers should not delay in assessing the
arguments raised and, if found convincing, in searching for and adopting a
proper response to the challenge.
There should also be no delay in reaching out this booklet, in as many languages
as possible, to as many Muslim communities as possible. For this reason there is
no copyright claim on this publication. Those, on the other hand, who dismiss
the basic arguments of this booklet, will find themselves in a quandary when
those evil events unfold in the world of money.
I must enter into the record my pride and happiness over the efforts made by a
simple and humble former Malaysian banker, Nik Mahani Mohamad, who was involved
in the initial effort to establish Islamic Banking in Malaysia. Her eyes were
opened to the fraudulent nature of much of socalled Islamic banking when she
attended my lecture on the subject at the Royal Malaysian Mint a few years ago.
She turned around, changed course, and proceeded with courage, integrity and
passionate commitment to promote the cause of the Gold Dinar and a true Riba-free
economy. Both she and my dear student, Shirazuddin Adam Shah, were involved in
organizing the ‘International Conference on the Gold Dinar Economy’ which was
held in Kuala Lumpur, Malaysia, in July 2007, and in which the initial text of
this booklet was presented as a paper.
May Allah Most Kind bless Sister Nik Mahani Mohamad for her noble efforts to
restore the Gold Dinar and the Riba-free economy. Amin! And may others be
inspired to follow her noble example. Amin!
Imran N. Hosein
Kuala Lumpur, Malaysia.
Ramadan 1428/October 2007