IISIL group mints its own ‘Islamic Dinar’ coins

Date:

DUSHANBE, June 24, 2015, Asia-Plus —

The Telegraph

reports that Syrian activists claimed on Tuesday night that Islamic State of Iraq and the Levant (ISIL) has begun minting its own “Islamic dinar” coins.

Pictures posted on social media showed a series of gold sovereigns bearing ISIL inscriptions, and with a reported value of one gold dinar being with US$139.00 (£89.00).

According to

The Telegraph

, an anti-ISIL activist by the name of Abu Ibrahim Raqqawi, who lives in the ISIL controlled city of Raqqa in Syria, posted photographs of the coins on his Twitter account, saying they were due to come into circulation soon.

Pictures were also posted on pro-ISIL social media accounts.

ISIL announced last November that it would start producing their own currency in areas under its control, in an effort to “emancipate itself from the satanic global economic system”.

We will recall that

New York Daily News

reported on November 14, 2014, that the leader of the ISIL group has ordered the terror organization to start minting gold, silver and copper coins for its own currency — the Islamic dinar.

A website affiliated with the group posted the order on November 13, saying ISIL leader Abu Bakr al-Baghdadi instructed his followers to mint the coins to “change the tyrannical monetary system” modeled on Western economies that “enslaved Muslims.”

The order was reportedly approved by the ISIL group”s Shura, an advisory board, according to the website.


The Telegraph

reports the currency, based on the original dinar coins used during the Caliphate of Uthman in 634 CE, was set to include seven minted coins: two gold, three silver and two copper.

Designs due to be embossed on the gold coins included a symbol of seven wheat stalks – a Quranic reference – and a world map.

The prototype design had also shown that the coins would carry an Arabic message on the lines of “The Islamic State – A caliphate based on the doctrine of the Prophet.”

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