Kelantan govt denies dinar will be second currency

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http://buletinonline.net/images/stories/berita31/dinaremasperakkel.gifKOTA BARU: The Kelantan government today denied that its gold dinar and silver dirham will be made a second currency in the state.

State Economic Planning, Finance and Welfare Committee chairman Husam Musa said the syariah currency instead was seen as an alternative for use in the barter trade system.

“Several news report about the dinar being Kelantan’s second currency are not accurate and have caused confusion. I do not see why this issue has to be blown up following Kelantan introducing the use of the dinar, as it has been around since the beginning of Islam,” he told reporters here.

Yesterday, when launching the syariah currency, Kelantan Menteri Besar Nik Abdul Aziz Nik Mat had said the state would strive to expand the use of the gold dinar and silver dirham in all transactions, including paying civil servants’ remuneration.

However, he said there were still many technicalities that had to be addressed by the state government over the use of the currency.

Deputy Finance Minister Dr Awang Adek Hussin in commenting on the move was reported to have said that under the law, currency matters came under the purview of the federal government and Bank Negara Malaysia.

He added that the Finance Ministry and Bank Negara would be studying the action that could be taken regarding the matter.

Bernama