The Return of the Islamic Gold Dinar

Gold is coming back. Many independent thinkers from all over the world are calling for it to come back and restore soundness to our currency and we ought to do that simply by restoring to the people the freedom to choose. As the amount of paper money in circulation has increased in the last decade until mountains high, reaching figures that can hardly relate to earthly matters, side by side, taxation, unemployment, poverty and crime have increased to the same degree. It is the system of artificial paper-money in the hands of bankers and politicians which has mainly contributed to our present economic miseries. “The banking institutions are more dangerous to our freedom than the enemies’ armies… The creation of money has to be removed from the banks’ hands.” (Thomas Jefferson)

Umar Ibrahim Vadillo

Umar Ibrahim Vadillo was born in 1964. After attending the Augustinian College in Navarre he went on to study Agronomy at the University of Madrid. While still at university he embraced Islam. There followed a long period of study applying the commercial parameters defined in Islam’s founding legal document, Imam Malik’s Al-Muwatta, to modern financial practice. This led to his studies on Zakat, which implied the necessary use of the Islamic Gold Dinar and Silver Dirham. He has lectured extensively in various universities, notably in Morocco, Malaysia and Indonesia. His promotion of an Islamic real-wealth currency was adopted by Dr. Erbakan, Turkish Prime Minister of Turkey until deposed, as well as the late King Ḥasan II of Morocco who undertook to restore Zakat to its correct legal position, just before his death. Umar Ibrahim Vadillo’s study of Dinar-based finance was used as a working paper by Dr. Mahathir, Prime Minister of Malaysia. He is currently engaged in promoting the issue in Malaysia, Indonesia and Pakistan.

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