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ISIS to mint its own currency, coins in gold, silver and copper

Falasa (copper) Dirham (Silver) Dinar (Gold)
The ISIS new currencies as released by Diwan al-Mal ((an equivalent of a present-day ministry of finance) Falasa (copper) Dirham (Silver) Dinar (Gold)

Baghdad (IraqiNews.com) On Thursday ISIS announced its plans to mint its own currency in pure gold, silver and copper material and circulate it in the areas it controls.

In a statement released by Diwan al-Mal, an equivalent of a present-day Ministry of Finance, ISIS announced that it will mint its own currency from pure gold, silver and copper, and that it will issue another statement to explain the exchange rate of the new currency, and where it can be found.

The statement also said that the currency will include 7 coins: two gold, three silver, and two copper.

Noteworthy, British newspaper ‘Daily Mail’ reported earlier this week, that the Jihadi group wants to use an independent currency, known as dinar and dirham, and that both the dinar and dirham will be made from pure gold and silver.

ISIS statement issued on Thursday - the 15th of November by Diwan al-Mal (an equivalent of a present-day ministry of finance)
The statement was issued on Thursday – the 15th of November by Diwan al-Mal

 

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