SHAYKH UMAR IBRAHIM VADILLO, continued in this 'WORKSHOP ON GOLD DINAR 09', titled "MU'AMALAT VERSUS ISLAMISATION - SHARIAH CURRENCY AGAINST RIBA" Part 7 pointing out the parallelity of the resurgence of islamic sexual morality alongside with islamic banks. <br /> <br />Al-Afghani claimed himself to be the 'Luther of Islam'. Islam underwent a process of reformation like Protestantism. Protestants accept riba. <br /> <br />Dakwah has to be done. <br /> <br />E-dinar payment system must include the following <br />1. Backed by gold <br />2. Custodian or amanah must be amongst the muslim <br />3. Every representational unit in circulation cannot be transferred to 3rd party unless the original e-dinar is cancelled. No double-life in electronic transactions. <br /> <br />E-dinar payment system is based on the dinar. To have dinar in place you have to have physical gold coins in place. You cannot start a digital payment system unless you have cold coins in circulation. <br /> <br />Proportionality is crucial. 1 dinar is 4.25g, 2 dinar is 8.5g
