AbstractGold dinar is one form of a financial system that was used during the golden age of Islam. The use of gold dinar was used at the time of adoption of the Prophet Muhammad and was continued by the companions of the Prophet Muhammad. The use of gold dinar currency has become the earliest used by the Arab community of Mecca and Medina in the sixth and seventh centuries AD, particularly in the provinces of the Byzantine Empire and Sasanian Empire. Its use continued until the fall of the Ottoman Turks in 1924. In modern times, the use of gold dinar was minted in 1992 started in Dubai on a proposal to elevate the user back to the impact of a severe currency crisis in 1997-1998, which hit the ASEAN countries. Then, in 2001, Tun Dr. Mahathir Mohammad, former Prime Minister of Malaysia has put suggestions to the Organization of Islamic Conference (OIC) to use gold dinar system in international trade. In 2012, Tun Dr. Mahathir Mohammad back again raised the issue by proposing a gold dinar peg the Ringgit Malaysia (RM) to the value of gold. Now, after more than ten years of recommendations made, whether the people now, especially in communities in Malaysia can receive a gold dinar as one of the financial instruments or vice versa ? Therefore, this study aims to examine the shape made use of gold dinar in Malaysia and the advantages of using the gold dinar. These studies also examine the factors critical success gold dinar and review the challenges in the use of gold dinar in today's economy. This is done by using qualitative methods by adopting the library studying. The results of this study can show that there are several efforts in the use of gold dinar as currency among physical, electronic payment system (e-dinar), gold investments, and savings in gold, for pilgrimage, zakat payments and as wedding gifts. This study also identified that there are several advantages with a gold dinar for example like in terms of intrinsic value, independent of the element of interest, avoiding inflation, speculation and manipulation -free , free of gharar and regular exchange between countries. This study will be able to see the gold dinar priorities that are not owned by the fiat money system that is used at present.