ISIS seeks to produce its own currency within a few weeks

Baghdad (IraqiNews.com) The ISIS group is apparently seeking to produce its own currency in areas it controls within a few weeks, according to several media sources.

British newspaper ‘Daily Mail’ reported that, the Jihadi group wants to use an independent currency in areas it controls. The currency is known as dinar, consisted purely of gold and silver coins.

The original dinar was a gold coin weighted about 4.3 grams of gold, and the silver coin, known as dirham, was equal to 3 grams. It was first introduced in 634 CE. The dinar is currently produced by a variety of countries in the region, but the coins are created from different materials to the originals.