Dirhams
Advantages:
1) Legal tender currency used in most Islamic countries.
2) Intrinsic Islamic and Commercial premium.
3) Legal tender in Malayisa of 1 Dirham=RM25.
4) Silver denominations of 1, 2, 5,10 and 20 Dirhams, easy for barter transactions and exchanges.
Disadvantages:
1) Silver price of RM261.27/troy oz is more than 100% premium over retail physical silver bar
2) 1/10 oz silver round is RM17/pc with 4.6% more silver than 1 Dirham (RM25/pc)
3) 1/2 oz silver round is RM68/pc with 4.6% more silver than 5 Dirham (RM125/pc)
4) 1 oz silver round is RM120/pc with 4.6% more silver than 10 Dirham (RM250/pc)
Taurusbull did some analysis about the dirham.
Advantages:
1) Legal tender currency used in most Islamic countries.
2) Intrinsic Islamic and Commercial premium.
3) Legal tender in Malayisa of 1 Dirham=RM25.
4) Silver denominations of 1, 2, 5,10 and 20 Dirhams, easy for barter transactions and exchanges.
Disadvantages:
1) Silver price of RM261.27/troy oz is more than 100% premium over retail physical silver bar
2) 1/10 oz silver round is RM17/pc with 4.6% more silver than 1 Dirham (RM25/pc)
3) 1/2 oz silver round is RM68/pc with 4.6% more silver than 5 Dirham (RM125/pc)
4) 1 oz silver round is RM120/pc with 4.6% more silver than 10 Dirham (RM250/pc)
Taurusbull did some analysis about the dirham.
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