The Islamic Network, an organisation dedicated to the propagation of Islam and the establishment of concepts taught by our teacher Imran N Hosein, has embarked on an extensive Da'wah and development project.  South Africa is a strategically important country due to the favourable political climate for Muslims, who are an influential minority amongst the 44 million inhabitants. The many similarities between Islam and the African Traditional religion make it fertile ground for active da'wah and we pray to Allah for His divine aid and to bless the effort with success.

However disunity amongst the Muslim communities has been a factor impeding the growth of Islam in the region. The project will see us embark on a revitalisation of the Muslim communities of South Africa, as well as inviting non muslims to the beauty of Islam.

The Dinar is the Mithqal and the Mithqal is 72 Grains of Barley.

The Open Mithqal Standard is a standard for determining the weight and measure of modern Dirhams and Dinars. The standard is also known as the Nabawi standard as it seeks to more closely replicate the Dirham and Dinar coins used by the Muslims during the time of the Messenger and the Salaf us Saalih, the Byzantine Solidus and the Greek Drakhma.

1 Dirham = 3.11 grams (1/10th Troy Ounce) of 999 (Fine) Silver

1 Dinar = 4.44 grams (1/7th Troy Ounce) of 9999 (24ct) Gold.

A defining characteristic of OMS is that it is a collaborative standard, developed by co-operating local mints, with emphasis on WAQF OWNERSHIP of the production process which delivers low operational costs and quick diversification. OMS does not specify any sizes for coins as these dimensions are left up to the local mint to decide. Local Mints can optimise production by keeping diameters uniform while  changing thickness to produce another denomination.

It should be noted that OMS is a Standard and we in no way are asserting that it is THE standard, i.e there are other standards as well who have merrit. Mints should choose the standard which best meets the requirements of their people.

The standard and the production process is open and transparent. The aim is to make Dirham and Dinar production as ubiquitous as possible, in so doing, to promote the use of Bimetalic coins for saving, trading, dowry, zakaat etc.

ISNET does not however see the return to Silver and Gold as its primary purpose, rather the coins form part of a larger “self sufficiency” project, realised in the Muslim Village, a faith based eco-village initiative.

READ MORE at Islamic Network website.

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“The Riba Conundrum: Impartial Outlook from Accounting, Legal and Religious Perspectives”

As a sequence to the highly successful 1st World Conference on Riba that was held in Kuala Lumpur on the 1st and 2nd November, 2010, Thinkers Trends Resources in collaboration with the Department of Finance, Kulliyyah of Applied Economics and Management Sciences, International Islamic University Malaysia and International Islamic University College Selangor (KUIS) is pleased to announce the organizing of the 2nd World Conference on Riba to be held on the 26th and 27th July, 2011 in Kuala Lumpur, Malaysia.

Speakers:

Imran N Hosein, Ellen Brown, Dato' Abdul Manap Wahab, Professor Dato Dr. Aziuddin Ahmad, Professor Dr. Ahamed Kameel Mydin Meera, Imam Afroz Ali, Richard Logie, Dr. Syed Iskandar Syed Jaafar Al-Mahdzar, Associate Professor Dr. Arfah Salleh

READ More at : http://www.worldribaconference.org/