Millions of coins struck, and almost none a buyer could check
Roughly one in every four people alive today is Muslim, and zakāt, mahr and inheritance are all settled by weight of gold and silver rather than by currency. It is high time the Muslim world took the preservation of that wealth seriously, and that starts with a weight anyone can verify.
Since the revival of the dīnār and the dirham in the 1990s, an estimated two million silver dirhams and some two hundred thousand gold dīnārs have been struck worldwide. The documented figures alone are substantial: in South-East Asia, over a two-year period, the World Islamic Mint recorded more than 50,000 gold dīnārs and close to 500,000 silver dirhams sold, and a single buyer placed one order for 100,000 coins.
Almost none of them left a mint with certification a buyer could check against a public register. The IDCC has issued ——— Tayyib IDs that resolve against one, each signed by a licensed assayer. That is what this council is for.
IDCC rate, gold and silver
The IDCC rate over the last thirty days. The same series sets the zakāt nisāb and mahr figures.
TAYYIB ID
Scanning the Tayyib ID for Blockchain Shariah Certification including Nikāḥ, Car Finance, Gold, Silver & Islamic Contracts
Since April 2021, the IMC Tayyib ID has been scanned to verify gold and silver. The IDCC Tayyib ID 2.0 has been updated to include additional features and improvements.
The pieces the standards describe
All gold and silver sizesEvery piece is shown at its certified diameter and thickness. Select one for the full specification.
IDCC global activity
See all stats in real timeThe IDCC certifies digital gold and digital silver from a minimum unit of one gram of each. Each digital gram must be a claim on a specific, segregated, physically held gram — allocated rather than pooled — and redeemable in metal. The council certifies the holding and the register behind it, not the platform that sells it. See the register split by piece.
Welcome to the Islamic Digital Certification Council
Previously the Islamic Monetary Council (IMC)
In the Name of Allah, the Most Merciful, the Most Compassionate
وَمَنْ يَتَّقِ اللَّهَ يَجْعَلْ لَهُ مَخْرَجًا وَيَرْزُقْهُ مِنْ حَيْثُ لَا يَحْتَسِبُ ۚ وَمَنْ يَتَوَكَّلْ عَلَى اللَّهِ فَهُوَ حَسْبُهُ ۚ إِنَّ اللَّهَ بَالِغُ أَمْرِهِ ۚ قَدْ جَعَلَ اللَّهُ لِكُلِّ شَيْءٍ قَدْرًا
"And whoever fears Allah - He will make for him a way out. And will provide for him from where he does not expect. And whoever relies upon Allah - then He is sufficient for him. Indeed, Allah will accomplish His purpose. Allah has already set for everything a [decreed] extent."
Quran, Surah At-Talaq, 65:2-3
At the Islamic Digital Certification Council, our commitment to upholding Islamic financial principles is deeply rooted in the teachings of the Quran and the Sunnah of our beloved Prophet Muhammad (ﷺ) as explained by the illustrious Fuqahā' (Jurists). We believe that our financial transactions should be a reflection of our faith, and a manifestation of our adherence to the teachings of Islam in matters of Mu'āmalāt (finance).
Why Shariah compliance matters
Divine guidance
Allah Ta'ālā, in His infinite wisdom, has provided us with a comprehensive framework for living our lives, including our financial matters. Our financial dealings should align with the divine guidance found in the Quran and the Sunnah.
Economic justice
Islam places a strong emphasis on economic justice. Ensuring that our financial transactions are Shariah-compliant promotes fairness and equity in society.
Avoidance of Riba (usury)
The Quran explicitly prohibits Riba (usury/interest) in multiple verses, emphasising the harm it causes to individuals and society. By adhering to Shariah principles, we steer clear of this harmful practice.
Wealth redistribution
Zakat, one of the pillars of Islam, underscores the importance of wealth redistribution and supporting those in need. Shariah-compliant finance helps fulfil this obligation.
Ethical investment
Our faith encourages ethical investment and discourages involvement in businesses that go against Islamic values. Shariah compliance ensures our investments are ethical and lawful.
Standards membership
The IDCC Islamic Digital Certification Council is a member of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), which provides a framework for Islamic financial standards.
Our promise to you
The IDCC - Islamic Digital Certification Council is here to guide you on your journey towards financial compliance with Shariah law. We offer a range of services designed to help you make informed, ethical financial decisions. Our experts are well-versed in the juristic opinions of Islamic Scholars and are dedicated to assisting you in achieving your financial goals while upholding your faith.
As you explore our website, you'll discover the various ways in which we can assist you in achieving financial compliance. Together, let us follow the path of righteousness, relying upon Allah's guidance and seeking His pleasure in all our financial endeavours.
وَٱلَّذِينَ ءَامَنُواْ وَعَمِلُواْ ٱلصَّـٰلِحَٰتِ لَنُدۡخِلَنَّهُمۡ فِي ٱلصَّـٰلِحِينَ
"And those who believe and do righteous deeds – We will surely admit them among the righteous [into Paradise]."
Quran, Surah Al-Ankabut, 29:9
Thank you for choosing the Islamic Digital Certification Council as your partner on this virtuous journey.
