For an overview of the latest developments in Islamic Banknotes, read on! If you have any news please e-mail us . Contributors will be acknowledged (unless they seek anonymity).
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The United Arab Emirates Central Bank has issued a new 20 AED banknote. It is similar to the previous issues but has an additional coffee pot and denomination as electrotype watermarks. The Banknote is dated 2007AD-1428AH. The Bank has also issued 5 and 10 AED notes dated 1428-2007. They are similar to the 2004 issue.
[Submitted by Mosab K. Ibrahim — April 2008]Iraq has issued the 5000-dinar note signed by the governor of the central bank, Sinan Al Shibeebi. This note was previously signed by the deputy governor, Falih Dawood Salman. The date of the new note is 2006, as opposed to the earlier issue which was dated 2003.
[Submitted by Haider al Saffar — April 2008]Pakistan released a new 20-rupee note on 22 March 2008. The predominantly orange note, measuring 65 x 123mm, replaces the predominantly brown note, measuring 63 x 123mm, issued for the past two years. The design appears to be unchanged from the note it replaces. It is reported that the reason for the change in colour was due to the similarity in colour between the old 20-rupee note and the 5,000-rupee note, which evidently caused some confusion. Interestingly, the new note carries the date '2007', suggesting these note were printied some time ago.
[Submitted by Mohammed Ameen, Syed Zaidi and Zeeshan Ali — March 2008]Bahrain introduced its new series of notes on 17 March 2008. The web site of the Central Bank of Bahrain has a display of the notes.
[Submitted by Owen Linzmayer and Cristiano Fistarol — March 2008]After many years of anticipation, news is surfacing that Bahrain is about to release a new series of banknotes. The newly designed banknotes were presented to King Hamad bin Isa al-Khalifa on 27 February and the release of the notes is eagerly anticipated.
On 6 September, 2006, a law was passed that replaced the Bahrain Monetary Agency with a central bank, which took over the role of issuing currency. The new issue will be the Central Bank of Bahrain's first issue and it ushers in a new era. No date has been announced for the release of the new bank notes.