Malaysia, Iran, Turkey, Qatar consider gold, barter trade to beat sanctions thesundaily Malaysia Qatar Turkey Iran Islam Islamic Muslim gold barter trade KLSummit2019 Mahathir OIC Kashmir Uighur Xinjiang
Malaysia, Iran, Turkey and Qatar are considering trading among themselves in gold and through a barter system as a hedge against any future economic sanctions on them, Prime Minister Tun Dr Mahathir MohamadAt the end of the KL Summit 2019, Mahathir praised Iran and Qatar for withstanding economic embargoes and said it was important for the Muslim around the world to be self-reliant to face future threats.
“I have suggested that we re-visit the idea of trading using the gold dinar and barter trade among us,“ Mahathir said, referring to the Islamic medieval gold coin. The summit, which was snubbed by Saudi Arabia, was criticised for undermining the Saudi-based Organisation of Islamic Cooperation , which represents 57 Muslim-majority nations. Malaysia said all the OIC members had been invited to the Kuala Lumpur summit but only about 20 showed up.
“We support integration but assimilation to the extent of shedding our religion is unacceptable,“ he said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
No nation, including Malaysia, safe from sanctions, Dr M says after Iran, Qatar hit | Malay MailKUALA LUMPUR, Dec 21 ― Tun Dr Mahathir Mohamad cautioned a gathering of Muslim world leaders here today of the threat of unilateral sactions from western powers. The Malaysian prime minister’s warning followed praises for Iran and Qatar, two nations present at the inaugural Kuala Lumpur Summit...
Read more »
Dr M praises Iran, Qatar for rising above sanctionsThe prime minister also warns that sanctions can be imposed on ‘any of us’. FMTNews MahathirMohamad
Read more »
Dr M: M'sia too not safe from sanctions and embargo imposed on Iran, Qatar
Read more »
Dr M puji Iran, Qatar dapat atasi sekatanPerdana menteri beri amaran sekatan boleh dikenakan ke atas 'kita'. FMTNews MahathirMohamad
Read more »
Iran urges fight against US ‘economic terrorism’ at Malaysia summit | The Malaysian InsightPresident Hassan Rouhani says the US has advanced its hegemony by bullying the rest of the world with economic sanctions.
Read more »
Tiada masalah Iran hadir Sidang Kemuncak KL, kata mufti PerlisAsri Zainul Abidin berkata perkara yang sepatutnya dibincangkan adalah mengapa negara Islam lain tidak datang. FMTNews Mufti Perlis
Read more »