Dubai Islamic Bank (DIB) and Thomas Cook Al Rostamani Exchange Co have opened sales of the replica of a 14-century-old currency of Ummah - Islamic gold dinar and Islamic silver dirham - through ...

It’s called a dirham, or a chopper, which was used as payment when full coins were hard to find, with certain sizes corresponding with a set value, archaeologists said.

In its bid to win recognition as a sovereign political entity, Islamic State (IS) has announced its intention of minting its own coins, to be used independently of the international financial ...

Islamic State to mint its own currency ... The five dinar gold coin shows a world map, while the al-Aqsa mosque in Jerusalem is portrayed on the silver 10 dirham coin. Advertisement.

In 1981, the UAE introduced its first-ever commemorative coin, a 5-dirham piece, to mark the 15th century of the Hijri (Islamic) calendar. The obverse side features a falcon, the UAE's national bird.

During the month of Ramadan, both residents and tourists are showing an increased interest in the recently launched Islamic gold dinar and silver dirham coins. DUBAI 33°C GOLD/FOREX ...

The Islamic State jihadist group says it will start minting its own gold, silver and copper coins for use in areas under IS control in Syria and Iraq.

The sukuk sale demonstrates Emirates Islamic’s commitment to deepening the liquidity of the local currency sukuk market following the creation of the Ministry of Finance’s medium-term dirham yield ...

A local team from the Sharjah Archaeology Authority has discovered several old Islamic coins in the central region of Sharjah, consisting of rare silver dirhams dating back to the Abbasid Dynasty ...