What is interesting about this is that the primary reason they are doing this is they are actively looking for a substitute to the U.S. Dollar and other paper currencies.

“A quarter century ago, this Spanish-born Muslim convert set to work with other European Muslims to find a substitute for the U.S. dollar and other paper currencies.”

“Last month, Mr. Vadillo’s solution took shape when the local Muslim-led government in Malaysia’s Kelantan state joined forces with Mr. Vadillo to introduce Islamic-style gold dinar coins as alternative currency.”

“Mr. Vadillo and the Kelantan government have persuaded more than a thousand businesses here in the state capital, Kota Bharu, to paste stickers in store windows saying they accept the coins.”

“Ordinary people can also pay taxes and water bills in gold and silver instead of paper money.”

Original Article – Wall Street Journal

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