Search results
Results From The WOW.Com Content Network
Gold dinar of Abd al-Malik, AH 75, Umayyad Caliphate.. According to Islamic law, the Islamic dinar is a coin of pure gold weighing 72 grains of average barley. [citation needed] Modern determinations of weight for the "full solidus" weigh 4.44 grams at the time of Heraclius and a "light solidus" equivalent to the weight of the mithqal weighing 4.25 grams, with the silver Dirham being created ...
The weight of the dinar is 1 mithqal (4.25 grams or 0.137 troy ounces). The word dinar comes from the Latin word denarius, which was a silver coin. The name "dinar" is also used for Sasanid, Kushan, and Kidarite gold coins, though it is not known what the contemporary name was. The first dinars were issued by the Umayyad Caliphate. Under the ...
15 April - U.S. aircraft bombs airfields and barracks within Libya. [1]After the bombing the country was renamed Great Socialist People's Libyan Arab Jamahiriya.; Gaddafi announces plans for a unified African gold dinar currency, to challenge the dominance of the US Dollar and Euro currencies.
The Libyan dinar is commonly called jni, (western Libyan Dialect) or jneh [ʒneh] (eastern Libyan dialect), derived from the name of British guinea (cf genēh جنيه for the Egyptian pound), a gold coin worth twenty-one shillings. The name dinar is rarely used outside official circles. The authorized fractional unit, the dirham, is never ...
The Islamic State dinar (Arabic: دينار الدولة الإسلامية), or simply the gold dinar, [1] was the official currency of the Islamic State from 2014 to 2019. Subdivided into dirhams and fulûs , it was modelled after the historical gold dinar that was first introduced in the Muslim world during the time of the Umayyad Caliphate .
Gaddafi acknowledged that the scheme, which promised up to 30,000 Libyan dinars ($23,000) annually to about a million of Libya's poorest, may "cause chaos before it brought about prosperity," but said "do not be afraid to experiment with a new form of government" and that "this plan is to offer a better future for Libya's children". [93] [94]
According to Goodson, Gaddafi would be assassinated by NATO for this reason, especially after the creation of the gold dinar in 2010 as a proposed pan-African currency and as a substitute for the settlement of all foreign transactions.
The death of Gaddafi and the end of the campaign were viewed as a "rare clear-cut victory" for NATO after long operations in Afghanistan and anti-piracy patrols off Somalia. According to Michael Clarke, director of the London-based Royal United Services Institute think tank, "NATO can say unambiguously this was a military and political success ...