Rasulullah ﷺ said: A time is certainly coming over mankind in which there will be nothing [left] which will be of use save a dinar [Gold Coins] and a dirham [Silver Coins].
[Musnad of Imam Ahmad ibn Hanbal]
Since the onset of the looming financial fiat currency crisis, people have for the first time been considering the Islamic economic model as a serious alternative. But there is still a need for Muslims to study their own economic law in more detail – and with more discrimination, since all too often Muslims have simply hurried to “Islamise” the very institutions that have led to the looming crisis. Of particular import is the role of money, which today is not only produced in irrational quantities or formats like digital/crypto currencies, but also imposed by stealth without the population having any real choice in the matter. Interest, inflation and the fact that banks can create paper money out of nothing or a geek in a closet can create or mine crypto have made the looming economic crisis more real.
The Islamic financial model, however, centres around the Sunnah of using silver and gold coins as the preferred means of payment. SC gathers together numerous Islamic scholars, lawyers and economic experts with the aim of propagating the traditional production, trading and distribution standards associated with this means of payment. The Islamic economic model, based on markets, trading facilities and the complex Islamic contract law, is founded on this authentic means of payment.
SC always tries only to license manufacturers who can guarantee the very best quality and security standards. SC is partnered with to the foremost minting institutions and supports the development of the highest standards of security for their products. This is important because the aim is not just to produce coins, but to ensure their functionality and suitability for everyday use. Mints, shops, agencies and depots can be officially licensed if they uphold SC standards. Licences are issued following applications to SC’s administration in the UK. Shops, restaurants and service providers can then use the official SC stickers. SC is a producer, manufacturer itself. For more information on Sunnah Currency including up to date prices on our Dinar & Dirham Mints please speak to one of our consultants live via our chat option, by simply clicking on the icon in the bottom right corner of your screen.
To be continued in’Shaa’Allah
Ihyaa – us -Sunnah | Revival of Sunnah