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e-dinar is a digital gold currency founded in 2000 by Dr. Zeno Dahinden, of Switzerland, Prof. Fernando Vadillo, of Spain, and Dato Abdul Rahman Shariff, of Malaysia. They are incorporated in Labuan, Malaysia, as e-dinar Ltd., and in Dubai as e-dinar FZ-LLC.
The e-dinar company minted their own silver coins and gold coins as early as 1992. After finalizing a partnership with e-gold in 2000, they established their own mints in the United Arab Emirates and Indonesia. Near the end of 2003, half of the company was bought out by an unknown international corporation in the Middle East, and in July 2004 they formally separated from e-gold. e-dinar allows for the instant transfer of gold and silver (e-dirham) between user accounts.
The amount of gold and silver held and in circulation in the e-dinar system is currently unknown.
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Back in 1992 before founding e-dinar Some of the Founders started to Mint the first gold dinar and silver dirhams in Spain.
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