The dispute over the use of gold dinar was raised due to the fall of the ASEAN’s currencies in 1998. Yet, no speculation in the currency when involve with gold dinar. This is due to the gold’s currency will always have value in the market. The usage of gold dinar can also be apply in credit for bilateral transactions. However, there is no legal provision created to highlight the issue on usage of gold dinar as a substitute for a banknote in business transaction. This study is aimed to identify the appropriate laws related to gold dinar in Malaysia. The methodology used is based on data analysis through library research which focused on theme such as Islamic Finance law, and the usage of gold dinar on comercial transaction in Malaysia & Indonesia. The findings show that the usage of gold dinar in Kelantan is accepted and prove to be suitable usage in Malaysia. Another ways to apply the usage of gold dinar is to implement a reserved gold value mechanism for the purpose of stabilizing the world currency. It is also recommended for future studies to explore new legal provisions in the existing statutes on the usage of gold dinar.