1 in 4 people worldwide are Muslim
The Prophet Muhammad ﷺ said: A time is certainly coming over mankind in which there will be nothing [left] which will be of use save a dinar and a dirham. [Musnad of Imam Ahmad ibn Hanbal]
The sunnah practice of authentic/real money through the exchange of pure gold & silver is the best way to retain the monetary value of one's wealth. All coins are minted in accordance to documented historical shariah compliant coins commissioned under and during the auspices of Hadhrat Umar Al-Farooq رضي الله عنه leadership. We adopt the best practices to manufacture the finest and most brilliant finished Islamic gold & silver mints and bullion-bars currently in supply worldwide.
Who is Sunnah Currency?
SC comply with legal standards in accordance with Islamic law while manufacturing mints & bullion-bars. Correctly manufactured products receive a corresponding licence from SC.
We are certified by and proud members of the Islamic Monetary Council - IMC.
IMC continually monitor the minting activity of all SC refineries that mint the coins & bullion-bars. The dies of all the Islamic Mints maintain a certain standard incorporating key characteristics that allow people to recognise SC coins worldwide.
SC is an advocate and support scientific research of the monetary system in general and the manufacturing process of coins and mints according to Islamic shariah law.
SC examines the legal requirements and standards for the distribution of coins globally. In addition we encourage and are active advocates for the introduction of these products as legal tender globally.
Perspectives of the "SC Research Group"
Questions regarding monetary transactions are also being discussed at a global level during the present and impending finance, debt and currency crisis.
The question as to the basic principles underlying an authentic Islamic currency and the ensuing legal questions is a matter under the scrutiny of SC’s Research Group.
A clarification of the legal parameters with respect to the use of the Islamic Dinar & Dirham ensures the ongoing safeguards and protection of the standards and rules of minting.
SC Certification ensures that no one alters for his/her own personal benefit/advantage the standards applying to the Islamic currency at present in circulation – such that the weight, size as well as security features are determined in a uniform manner.
Muslim jurists, lawyers and researchers continue to concern themselves with:
- Basic Islamic legal sources dealing with Islamic currencies (the payment of Zakat, minting, circulation etc). Legal scholars belonging to the various legal schools of Islam are working on this.
- With contemporary background analyses of authentic money transactions in comparison with the present philosophy of paper or digital crypto money. Researchers and academics are working on this matter towards regeneration within the current paper and digital crypto money crisis.
- With all the legal problems existing in connection with the use of the Islamic Dinar and Dirham (VAT, legal tender, statutory provisions at a national level).
- Lawyers and international legal chambers are working towards a legal monitoring of a global dinar & dirham economy taking into account national legislations.