Right before Ramadan, The Royal Mint, the nation’s oldest business, and authorized coin-maker has produced a gold bar for the nation’s Muslim population that features the Kaaba, Islam’s holiest site. According to the news, the 20-gram bar was developed in collaboration with the Welsh Muslim Council. According to Zawya, the cost of the Kaaba 20g gold bar (999.9 Fine Gold) starts at £1,112.58.
The Royal Mint donated three of the bars to be auctioned off as part of the launch, according to The National, to help raise money for the victims of the 7.8-magnitude earthquake that rocked Turkey and Syria last month. The natural calamity resulted in the deaths of more than 50,000 individuals.
“Drawing on more than 1,100 years of minting expertise, we have applied our expert craftsmanship to create a beautiful representation of the Kaaba, the holiest place on earth for many Muslims,” said Andrew Dickey, director of precious metals at the Royal Mint. “This Kaaba gold bar contained within beautiful Islamic-themed protective packaging, makes a special gift, allowing our customers to give the precious gift of gold during Eid Al Fitr, or as a secure investment with its 999.9g of fine gold containment.” he continued.
“Ramadan is a time of giving, so we’re proud to have supported Islamic Relief, a leading Muslim charity, through the donation of Kaaba gold bars at three UK events, raising upwards of £9,000,” Mr. Dickey said.
The reactions of the British Muslims are yet to be seen.
Stay tuned to Brandsynario for more news and updates.
