The Islamic Gold Dinar has been in the works now for a number of years. It is used in a number of Islamic countries already but thus far its use remains small. It could soon be gaining wider usage as it is being promoted widely for Muslims to exchange their paper currency for the Islamic Gold Dinar. There are a number of Dubai-based mints and mints in other Islamic countries producing gold dinars as well as silver dinars. Malaysia adopted the currency in mid-2003 and a number of other Islamic countries are slated to join this year. It is the intention of the Islamic countries to use the Islamic Gold Dinar to replace the US Dollar for commercial transactions between their countries.