Sunnah Currency Sharia-Compliant Gold and Silver Coins and Bullion Bars
Sunnah Currency is a term used for currency that follows the principles of Islam and is in accordance with Sharia laws. The use of this currency is not new in Islamic history, but it has recently gained popularity due to the need for Sharia-compliant financial systems. In this article, we will discuss the revival of this currency and the benefits of using Sharia-compliant gold and silver coins and bullion bars.
Sharia-Compliant Currency in 2023
Sharia-compliant currency is a form of currency that follows the principles of Islamic finance. It prohibits any form of interest, uncertainty, or speculative behavior in financial transactions. Sharia-compliant currency is based on tangible assets like gold and silver, which ensures that the value of the currency is not affected by inflation or economic downturns.
The features of Sharia-compliant currency include transparency, stability, and predictability. It is based on the principles of fair trade, and all transactions must be done in a transparent and ethical manner. Sharia-compliant currency also ensures that the money supply is regulated, which prevents inflation and economic instability.
The benefits of using Sharia-compliant currency include promoting ethical and transparent financial transactions, preserving wealth, and supporting the local economy. It also ensures that the wealth is not concentrated in the hands of a few individuals, but is distributed fairly among the people.
Gold and Silver in Islam
Gold and silver have been used as a form of currency in Islamic history for centuries. It is mentioned in the Quran and Hadiths that gold and silver are the only permissible forms of currency in Islam. The value of gold and silver remains stable, and it is not affected by inflation or economic downturns. It is mentioned in Surah Kahf Chapter 18 of the Quran that when the companions of the cave woke up from a long sleep more than 300 years the silver ring that they had was still accepted as a payment for food.
Islamic history is full of examples where gold and silver were used as currency. The Prophet Muhammad (peace be upon him) himself used gold and silver coins as a form of currency. The use of gold and silver as currency in Islamic history ensured that the value of the currency was not affected by any external factors.
Sunnah Currency’s Gold and Silver Coins
Sunnah Currency’s gold and silver coins are Sharia-compliant coins that are made of pure 24K gold and pure silver coins/bullion bars. These coins are minted in accordance with Islamic laws, and they follow the guidelines set by Sharia scholars.
The benefits of using this Currency’s gold and silver coins include preserving wealth, supporting the local economy, and promoting ethical financial transactions. The use of these coins also ensures that the wealth is not concentrated in the hands of a few individuals but is distributed fairly among the people.
Sunnah Currency’s Bullion Bars
Sunnah Currency’s bullion bars are another form of Sharia-compliant currency that is made of pure gold and silver. These bullion bars are also minted in accordance with Islamic laws, and they follow the guidelines set by Sharia scholars.
The features of this Currency’s bullion bars include high purity, unique serial numbers, and tamper-evident packaging. These bullion bars are not only a form of currency but also a long-term investment that preserves wealth and ensures financial stability.
The benefits of using this Currency’s bullion bars include promoting ethical and transparent financial transactions, preserving wealth, and ensuring financial stability. The use of these bullion bars also ensures that the wealth is not concentrated in the hands of a few individuals but is distributed fairly among the people.
Comparison with Conventional Currency
The main difference between this Currency and conventional currency is that Sunnah Currency is based on tangible assets like gold and silver, while conventional currency is based on paper money. The use of tangible assets ensures that the value of Sunnah Currency is not affected by inflation or economic downturns.
The advantages of this Currency over conventional currency include stability, transparency, and predictability. Sunnah Currency ensures that the money supply is regulated, which prevents inflation and economic instability. this Currency also promotes ethical and transparent financial transactions, which ensures that the wealth is distributed fairly among the people.
Adoption of Sunnah Currency
The adoption of this Currency faces many challenges, including lack of awareness, limited availability, and resistance from the conventional financial system. However, there are ways to promote Sunnah Currency, including education, advocacy, and support from the Islamic community.
There are success stories of this Currency in Islamic countries like Malaysia and Turkey, where the use of Sharia-compliant financial systems has been encouraged by the government. These success stories demonstrate that the adoption of this Currency is possible and can lead to financial stability and prosperity.
Conclusion
In conclusion, this Currency is a form of currency that follows the principles of Islam and is in accordance with Sharia laws. The use of Sharia-compliant gold and silver coins and bullion bars ensures financial stability and promotes ethical and transparent financial transactions. The adoption of this Currency faces many challenges, but there are ways to promote its use and ensure financial prosperity.
How Can one buy Sunnah Currency’s Gold and Silver (Dinar and Dirham coins) in 2023?
The answer is very simple, today we are living in the age of internet with just a click of a button you can purchase something online. By clicking the following button you will be able to visit Sunnah Currency website and purchase your favorite Currency.
