Tayyib checkThe IDCC (previously IMC) is registered in the United Kingdom and offices in Blackburn, Bolton and Leicester. You can contact us for further information to setup a meeting. We are also legally registered in the United Kingdom too.
First and foremost. The IDCC is not a political company nor political movement. Sunnah Currency may refer to the brand - Sunnah Currency in the United Kingdom. However, Sunnah Currency historically has been associated to the Islamic Dinar and Islamic Dirham. You can view the sizes, dimensions and the story behind the Dinar and Dirham here .
Zakat is paid normally, i.e - you base your Zakat on the total Gold and Silver weight that you have as per Nisaab. You can see the IDCC Zakat nisaab rates here . You don't have to pay Zakat of Garai (design, labour costs). Zakat is typically calculated based on the value of certain types of wealth, such as cash, gold, and other assets, after deducting any outstanding debts or expenses. However, labour costs associated with producing goods are generally not considered as part of the zakaat calculation. Therefore, it is not necessary to pay zakat on the garai or design labour costs of gold jewellery. However, it is important to consult with a qualified Islamic scholar or authority to obtain guidance specific to your situation, as there may be variations in opinion on this matter among different schools of thought in Islam. You can email us for further information if you need help.
The classical definition of Riba (usury) is: "Any unjustified increment between the value of goods given and the value of goods received". This is from Qadi Abu Bakr ibn al-Arabi in his Tafsir Ahkam al-Qur'an. Usury is the act of financial oppression that is prohibited by most religions and abhorred by people.
A Wakala basically is a non-profit organisation responsible for spreading and distributing the Dinar and Dirham coins. It is similar to a money changer, but instead of exchanging paper for paper, they exchange paper for gold or silver. With the paper/electronic money collected from the exchange, the Wakala will buy gold and silver as soon as is possible. This is to ensure that it will not be affected by further depreciation of the paper/electronic money while in their possession, as well as to maintain a healthy supply of coins.
Yes, from 30 August 2026 the IDCC started accepting digital gold and digital silver. Approved by Sheikh Muftī Qari Asim D.B one of the Head of Shariah departments of the IMC, MAC and IDCC. Also under the teachings of Muftī Faraz Adam (Founder & Head of Shariah Advisory of Amanah Advisors). Digital gold for certification, from a minimum unit of one gram of each. Certification requires that the holding be allocated rather than pooled, that each digital gram correspond to a specific segregated gram of physical metal, and that the metal be redeemable. The IDCC certifies the holding and the register behind it, not the platform that sells it. The gold should be physically allocated for that transaction and the Tayyib ID should be associated to the gram/s of the digital gold or silver. It should be protected, and the "customer", or the one who holds the digital gold and silver, may redeem it or have it protected should the vault/allocator cease to exist or go insolvent or bankrupt. Digital gold and silver should be physically allocated under that Tayyib ID, and the Tayyib ID blockchain should immediately be scanned to see the gold and silver issued. Digital gold and silver is not IOU or blockchain cryptocurrency that is not backed by real precious metals
Mahr ul Azwaj refers to the noble tradition of honoring the bride with a dignified Mahr, inspired by the Mahr given to the pure wives of Prophet Muhammad (ﷺ). It symbolizes respect, honor, and commitment in accordance with Islamic teachings. It is important to note that Mahr ul Azwaj is not a fixed amount in Shari’ah. Rather, it reflects the spirit of generosity and dignity shown to the Mothers of the Believers (رضي الله عنهن), and families may choose an amount suitable to their circumstances.
Brands that the IDCC use are not considered legal tender by any stretch of the imagination. All IDCC coins, bars and minted products (including those brands that the IDCC endorse or minting refineries) at such time, are sold as "Commemorative mints / coins celebrating the edict of Umar Farook (r.a) in minting dinars & dirhams / inspirational / heritage / gift coins". They are not legal tender. We have researched and received approval from our board (Islamic Digital Certification Council) and from our Ulema that gold and silver can be bought online . The moment you place a payment order with an IDCC approved brand, the gold is now in your ownership , whereby it is immediately transported and "shipped" to your destination. No interest takes place, so yes, you can buy gold coins and silver online. If you are a trading platform or minting refinery this application also applies but the steps and process are slightly different. The customer may ask the refinery or maker to "fix" the price at the current market rate. This may be done via a trading platform, verbal exchange, or written message. The price is then agreed at that moment. The customer then makes payment at that time (via bank transfer, wire, cash, or card). Once payment is made, the gold becomes the buyer’s property. The gold may then be held in the refinery for melting, assaying and minting before delivery. This remains valid because the price and payment occurred together, therefore the exchange is still considered "hand to hand" (yadan bi-yad) according to the rules of Bay' al-Sarf. References: Sharia ruling on the permissibility of buying & selling gold/silver online (Bay' al-Sarf) Buying and selling gold for profit Ruling on buying gold over the phone and receiving it later Buying and selling gold jewellery online Ruling on buying gold ingots online and storing them for the client Scenario Price Agreed Payment at Same Time Ownership Transfers Immediately Delivery / Minting Later Allowed Sharia Ruling Notes Price agreed and full payment made immediately. Gold delivered or minted later. Yes Yes Yes Yes Permissible Valid Bay' al-Sarf (hand-to-hand) even if delivery is delayed. Price agreed now, payment made later (delayed payment). Yes No No No Not Permissible Deferred payment breaks the hand-to-hand requirement. Payment made before price is agreed. No Yes No Yes Not Permissible Uncertain pricing invalidates the sale. Price and payment occur together, gold stored in refinery for customer. Yes Yes Yes Yes Permissible This includes storage, minting, or later collection. Gold purchased with interest-bearing monthly payments. Yes No (contains interest debt) No Yes Not Permissible Riba occurs due to deferred interest. Price fixed now, payment completed in parts, and ownership only transfers after final payment. Yes Yes (when final payment made) Yes (at completion) Yes Permissible This is allowed if clearly stated that ownership transfers only when final payment is made.
This was the previous name of our organisation before we re-branded as the IDCC - Islamic Digital Certification Council.
Trading conventional gold futures is generally not considered Shariah-compliant. This is due to: Lack of immediate possession (Qabḍ) Speculative nature (Maysir) Significant uncertainty (Gharar) In the Hanafi school, gold and silver must be exchanged with actual or constructive possession at the time of transaction, and deferred contracts involving these commodities are not permitted. Physical gold trading with proper delivery and possession is the recommended Shariah-compliant alternative.
IDCC certification focuses specifically on ensuring Shariah compliance in precious metals trading. Key features include: Real-time blockchain verification Adherence to classical Islamic rules of Sarf (currency exchange) Elimination of Riba, Gharar, and Maysir 100% physical backing of certified assets Monitoring by qualified Islamic scholars The blockchain system also provides an immutable audit trail, supporting the Islamic principle of bayyinat (clear legal proof).
Yes, silver can be used as Mahr. The Prophet (ﷺ) himself gave silver as Mahr in some marriages, and the practice is firmly supported in the Hanafi school. Silver is often chosen because: It is more affordable and accessible It has intrinsic value It holds historical significance as Islamic currency It is easy to verify in purity and weight
Tayyib certification uses blockchain technology to ensure the authenticity and Shariah compliance of each certified product. Every certified product receives: A unique verification ID Immutable on-chain storage of compliance records A traceable audit trail Approval records from qualified scholars This prevents tampering and ensures trust in the certification process. We call this Tayyib ID
The six conditions of Sarf (currency exchange) in Shariah are: Hand-to-hand exchange: Ownership must transfer immediately Equal weight when the same metal is exchanged: Gold-for-gold must be equal weight No deferment: When exchanging the same type of metal Both parties present at the transaction Actual or constructive possession: Physical delivery or recognized constructive possession No conditional clauses: The exchange must be straightforward
IDCC prices are reviewed and updated multiple times daily to reflect current market conditions while maintaining Shariah-compliant pricing standards. Updates typically occur at: 6:00 AM GMT time 12:00 PM GMT time 3:00 PM GMT time We try to match the LBMA and UAEGD United Arab Emirates Goods Delivery timing and the Dubai Gold Souq - Dubai Jewellery Group .
According to the Hanafi school, the minimum Mahr is the value of 10 silver dirhams . Historically, this corresponds to approximately 30–32 grams of silver , though scholars note that modern market fluctuations may influence the exact price. However, families are encouraged to give Mahr according to their means, with generosity and dignity, as recommended in the Sunnah.
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