muslaman country ab muslim currency bnanae jarahe hein Leaders call for use of alternative currency among Muslim countries against US Dollar
“Instead of doing trade using foreign currency, we would like to trade with our own national currencies. Financial markets are fragile to shocks and manipulation. To avoid this, we should try to create new transaction systems, said Turkish Presdent Recep Tayyib Erdogan, quoted the Malay Mail.
“As trade war is a problem today, issues on trade must take priority. We have to make Islamic finance part of our agenda and Malaysia has already started pioneering the role of having an alternative Islamic finance," he said.
Meanwhile, Iran's President Hassan Rouhani was of the view that Muslim nations should come up with its own cryptocurrency, saying that Malaysia's Prime Minister Tun Dr Mahathir Mohamad's previous dream of utilising the Islamic dinar for trade can come true with the digital coin.
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