KUALA LUMPUR: Mynet Capital Sdn Bhd has introduced the One World 10 Dirham to encourage the preservation of wealth in the precious metal among Muslims.
The online-based silver and gold bullion trader’s executive chairman, Terry Ghani said the dirham, minted in Bolivia, was the world’s only .99999 pure silver dirham and is sold across 25 countries including Malaysia.
“It is the world’s first dirham inscribed in English to propagate its knowledge and appreciation amongst the global non-Arab speaking community,” he told Bernama in an interview recently.
He said the word, “One World – May Peace Be Upon Our Planet”, written on the dirham was to propagate a global, neutral message of peace.
Terry said the dirham was chosen instead of the dinar as silver was more affordable than gold.
“Silver also has a higher price appreciation compared to gold,” he added.
From January last year to June 2011, the price of silver has increased by more than 100 per cent compared to gold, which rose by 34 per cent.
Terry said increased usage of silver in electronic semiconductor components has squeezed supply even tighter and opened opportunities for a higher price appreciation.
Designed by a Malaysian, the dirham is equipped with security features such as an individual serial number, security printed certificate of authenticity and a custom designed hand-made box.
The One World 10 Dirham is available through CIMB Clicks Shoppe, Maybank2u and postme.com.my websites.- BERNAMA