Al-dinar al-fiddi

Dictionary term

Definition of "Al-dinar al-fiddi"

Silver dinar in circulation during Nasrid Spain (four- teenth century AD), usually equal to one-fifteenth to one-seventh of a gold dinar. Silver dinars were of square shape and seem to have been issued by the Nasrid rulers with fixed monetary value as compared to gold dinars, which had a fluctuating market price.

Create Your FREE Account…

IslamicBanker helps professionals navigate Islamic markets by providing powerful insights, analytics and collaboration tools.