25 Riyals - Rashid Martin Luther King

Ajman, the smallest and poorest of the Trucial States, funded its 1960s–70s coin program almost entirely through sales to collectors rather than circulation — these issues were never intended to pass through local hands. The Martin Luther King commemorative appeared just two years after his assassination, part of a wave of foreign-issued "tribute" gold pieces targeting the American collector market, where demand for King memorabilia was acute and largely unsatisfied by U.S. Mint policy.

The series drew criticism at the time for exploiting a tragedy for numismatic revenue, with Ajman having no meaningful connection to King or the American civil rights movement.