E-Dinar - www.e-dinar.com

[id62000]

e-dinar is incorporated in Labuan, Malaysia, as e-dinar Ltd., and in Dubai Internet City, UAE, as e-dinar FZ-LLC. The company is providing a 100% gold- and silver-backed online payment system and related exchange services.

Exchange rates : E-Dinar
Fees: E-Dinar

Site: E-Dinar

[indian rep]

I am confused. E-Dinar means they purely concentrating on Dinar used country that is Dubai I think??

[id62000]

No, its merely a name, for religious intentions:

Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah, may Allah bless him and grant him peace, say: "A time is certainly coming over mankind in which there will be nothing [left] which will be of use save a dinar and a dirham." (The Musnad of Imam Ahmad ibn Hanbal)

e-dinar is international and accept funds in USD, Euro and AED.
It also requires an identification, i.e. verification via copy of documents like pasport, etc.
It needs to be sent to an e-mail address provided. If user has more than 1000 USD in total gold and silver, need to send their certified passport or ID card copy by postal mail to a Swiss accounting firm.
Funds are stored in Emirates Bank International in Dubai