The leader of the Islamic State (ISIS) group has ordered the terror
organization to start minting gold, silver and copper coins for its own
currency which they refer to as he “the Islamic dinar.” ISIS leader, Abu
Bakr al-Baghdadi reportedly instruct his followers to mint the coins so
as to “change the tyrannical monetary system” modelled on Western
economies that “enslaved Muslims.” Associated Press reports:
The order was approved by the Islamic State group’s Shura
Council, an advisory board, according to the website. The authenticity
of the posting could not be independently verified but the website has
been used in the past for IS postings.
After seizing large swaths of Iraqi and Syrian territory earlier this
year, the Islamic State group proclaimed a caliphate on lands under its
control. It has also sought to implement its harsh interpretation of
Islamic law, or Sharia, and al-Baghdadi has proclaimed himself the
caliph.
According to photographs of coin prototypes, they carry the words in
Arabic: “The Islamic State / A Caliphate Based on the Doctrine of the
Prophet.”
It’s unclear where the Islamic State group intends to get the gold,
silver and copper for the coins. It said the dinar’s purchasing power
would be its weight in gold, silver or copper.
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