According to CNN, the currency will consist of seven coins: two gold, three silver and two copper.
ISIS revealed that its rationale for formulating the currency is to “stay away from the tyrant’s financial system,” and that the decision is “purely dedicated to God and will remove Muslims from the global economic system that is based on satanic usury.”
The group has been described as the wealthiest terrorist organization the world has ever seen. Its funding is said to come from mostly ransom payments, taxes, oil, and the sale of stolen artifacts.
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