Asalaamu-Alykum,
For those us living in the United States this news might not be so good while for other living in the middle east It can be a hope that predicts a future in which the gold based Islamic Dinar will rule in the markets of world as opposed to baseless US Dollar.
Malaysia in 1997 announcing that It will start minting the Islamic Dinar in 2003, and start using it as the official currency of trade between Islamic countries. In 2003 Mahathir bin Mohammad lost the election and his successor Abdullah Ahmad Badawi and the idea was halted. But it's believed that it has been finally launched in Kelantan, a state of Malaysia in late 2006.
What Pakistan can do is start minting the Islamic Dinar and Dirham, It will immediately take out inflation and therefore Mehngai (Uncontrolled rising in the prices of everything due to inflation). Doing this will make the country stable as even gain more value against the Paper-Currencies like the US Dollar.
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It is not just a Win-Win case, if Pakistan adopts the Islamic Bi-Metalist currency it will take a lot of power away from the government as they can now no longer just print more money if they need now they have to staring using real ways or making money, like putting duties on the imports and have more stuff to export, but for poor-public it will be like winning the lottery. If Pakistan wants more money they can't just print more gold, so they need to increase amount and value of the goods that they export, therefore creating more factories and jobs that The Islamic Republic of Pakistan needs so greatly. As great as it sounds i doubt that any government will actually support and pursue it because just simply printing money is a lot easier than actually working for money. How many of us would get jobs If we had money printing machines.
I don't know if and when will Pakistan launch and start minting its Islamic Dinars and Dirhams, whenever they chose to do so it will help out the poor. If you are interested in buying Dinars and Dirhams you can buy them from a some of the Emirates of the UAE, notably the Islamic Bank of UAE.
Abu Abdullah,
The Doctor of Truth
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Pakistan Ka Matlab Kya...
Asalaamu-Alykum,
I have monitoring the news lately and it seems that there is a huge amount of political pressure, and negative propaganda against the Islamic Institutions. They are being stereotyped as "extremists", "fundamentalists" and "hypocrites". In return the Islamic leaders are using words like "Hypocrites" and even "Kafir" to refer to the secular parties.
One listening to this mayhem can be easily confused on where the truth lies, what is reality and what is dramatization, but the truth is that both sides have their flaws and both need to learn to compromise.
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Current politicians that refer to Islamics groups as "extremists" and are removing Islamic Studies from the curriculum need to realize that Pakistan was formed as a free nation for Muslims, If we had wanted to abolish Islamic Studies we never would wanted our own land. In fact we would have been just as happy in Hindustan the reason we struggled to make Pakistan was because we wanted to live under Islamic law. We still want that and we will always want that. Making Pakistan a secular country is SUICIDE. Any moves made in such direction will always hurt the spirit of Pakistanis and decrease Pakistani Spirit which is a absolute necessity for the success of Pakistan.
On the other hand the "Mullas" need to realize that they can force their views on someone they need to do it with patience and need to lead by example. They need to keep the spirit of Pakistan and the Spirit of Islam alive in them. They need to follow the examples of our beloved Prophet Muhammad ibn Abdullah(PBUH). They need to teach their student secular studies as well as Islamic studies. Our religious scholars need to go into every field they need to go into Medicine, Engineering, Politics, Economics and even business. These multi-field scholars need to teach by example, for example. A business man when scheduling business meetings with his colleagues needs remind them to schedule prayer break as well, or when going out to eat with friends he should in modesty remind them of a hadith or two about eating, basically educating passively.
The "Scholars" shouldn't have their own political party instead they should be in each and every party and making working to root out unethical behaviors, so these parties can work on emphasizing what really needs to be done make Pakistan a successful country as opposed to a nation that is struggling to establish whether the principles that it was found upon still apply or not, and surely they do still apply and will always apply.
Abu Abdullah,
The Doctor of Truth