Now ISIS Wants To Introduce Its Own Currency: Plans To Bring Back Solid Gold And Silver Dinar Coins Announced In Iraqi Mosques !

[DinarThug 97,831]

CNN. Broadcasting Coins With Two Tails After They Were Beheaded By ISIS !

 

 

 

(by walkingstick)

Now ISIS wants to introduce its own currency: Plans to bring back solid gold and silver dinar coins announced in Iraqi mosques

ISIS said to be planning to introduce its own currency to areas it controls
Militants allegedly want to bring back the dinar - an ancient Islamic currency
The original dinar currency consisted of purely gold and silver round coins 

By EMMA GLANFIELD FOR MAILONLINE
PUBLISHED: 15:42 EST, 10 November 2014 | UPDATED: 08:00 EST, 11 November 2014


ISIS apparently wants to introduce its own currency and plans to bring back gold and silver dinar coins (above)

ISIS wants to introduce its own currency and plans to bring back solid gold and silver dinar coins, it has emerged.

The Middle East terror group apparently wants to introduce its own Islamic currency as part of its attempts to solidify its makeshift caliphate.

Militants are said to want to bring back the original dinar, which is an ancient currency from early Islam, and religious figures in Mosul and Iraq’s Nineveh province have apparently announced its return in mosques. 

The currency known as the dinar, which once consisted purely of gold and silver coins, is today used by a variety of countries, but the coins are created from different materials to the originals.

However, the jihadi group is understood to be planning to return to the original gold and silver coins, which were first introduced during the Caliphate of Uthman in 634 CE.

The original Islamic dinar was a gold coin which was the weight of gold equivalent to 4.3 grams. Its silver counterpart, known as the Islamic dirham, was a silver coin equal in weight to 3 grams of silver.

Both were round in shape and one side of the coin was typically stamped with an Islamic message, while the other side featured the date of minting and the country’s ruler.

While ISIS has yet to confirm the introduction of its currency, social media is awash with claims that leading religious figures announced the plans during recent prayers in Mosul and Nineveh province.

It is believed the terror outfit wants to use the independent currency in areas it controls as part of its war on the West. 

The currency, which could be introduced within the next few weeks, will involve changing from regular dinars and Lira to golden dinars and silver dirhams.

Last month, it emerged that ISIS, which also goes by the name Islamic State, is raking in money at a remarkable rate - earning about $1million a day from black market oil sales alone.

The group extracts oil from territory captured across Syria and Iraq, and sells it to smugglers.

David Cohen, who leads the Treasury Department's effort to undermine the Islamic State's finances, said the extremists also get several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks.

In addition, he said the group has taken in at least $20million in ransom payments this year from kidnappings.

Mr Cohen said ISIS, which is led by Iraqi Abu Bakr al-Baghdadi,obtains the vast majority of its revenues through local criminal and terrorist activities.

http://www.dailymail.co.uk/news/article-2829097/Now-ISIS-wants-introduce-currency-Plans-bring-solid-gold-silver-dinar-coins-announced-Iraqi-mosques.html

[easyrider 8,847]

IF true CBI wil be forced to make a move for the people of Iraq or its gonna get messy.

Edited November 11, 2014 by easyrider

[Texstorm 7,193]

I'll go for that, we can easily melt them down and put '' IN GOD WE TRUST'' . They will never get it right , they don't even know what century it is.   

[Nadita 6,332]

So, they want to go back in time and they should do it all and not pick and choose to what they want to do... isn't that fighting in the 14th century used swords and arrows... that should be the weapons they use and not modern technology..  

[DinarThug 97,831]

Perhaps A Little Competition May Light A Fire Underneath The CBI !

 

             

[easyrider 8,847]

So, they want to go back in time and they should do it all and not pick and choose to what they want to do... isn't that fighting in the 14th century used swords and arrows... that should be the weapons they use and not modern technology..  

and riding camels and horses while they get slaughtered using bows and arrows and swords lmao

Perhaps A Little Competition May Light A Fire Underneath The CBI !

 

             

true.. because if their dinar is worthless isis can pay them in solid gold coins and silver they will go fight for isis.

Edited November 11, 2014 by easyrider

[chess 4,061]

Let's just hope they quickly become collector's item............... >>> value of ISIS currency upon their RV!!

[boosterbglee 8,519]

The GOI is being forced to move more quickly from ALL directions!!!   

[kenshin7 337]

The cbi is going to have to move fast now , otherwise the people will turn to the new dinar  since they have been so distraught  and poverty striken

I.S.  knows this and that's why they will move to win over the people this way.

[skrappyone 821]

And this is after the article that was published not long ago about ISIS selling the women and children as slaves to make money because a large part of their money suppy has been cut off.  I say bull snot on this one.  Just my opinion.  ISIS is getting weaker as the days pass.  Although I do hope it will speed up the CBI and they RI or RV whichever term you choose.

[siberian_shaddow 3,796]

Much Appreciated Thugs, if they ever print there own new dinar bill they should put a picture of the house exploding with there leader in it.

[new york kevin 8,263]

Didn't they already come out with paper currency a couple of months ago? I semi remember them doing that.

[sandfly 9,476]

THANKS

[easyrider 8,847]

https://www.youtube.com/watch?v=vyTPAEKAMPY&list=UUupvZG-5ko_eiXAupbDfxWw

 

 

(CNN) -- ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday.

Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found.

The currency will include seven coins: two gold, three silver and two copper.

The move is "purely dedicated to God" and will remove Muslims from the "global economic system that is based on satanic usury," ISIS said.

The group, which calls itself the Islamic State, has seized large swaths of territory in Iraq and Syria.

 

Why is ISIS so wealthy?

 

Where does ISIS get its money?

ISIS currency

It seeks to establish an Islamic caliphate in the region.

"Unlike its predecessor al Qaeda, which raised money principally from external sources ... ISIS is principally, primarily self-funded," Jimmy Gurule, a former U.S. Treasury undersecretary, told CNN's "The Lead with Jake Tapper" on Thursday.

How ISIS makes its millions

He said its funding comes from oil, ransom payments, taxes and the sale of stolen artifacts.

"This is the wealthiest terrorist organization that the world has ever known, and so with that kind of money it's hard to understand -- what's the potential? What could they do with that?" Gurule said.

He added: "The difficulty, of course, with that kind of money is you can't just put that money in shoe boxes and place it under your mattress. It has to enter into the financial system at some point in time. So I think the Treasury needs to be focusing on banks -- banks in Qatar for example, and in Kuwait -- that may be the recipients and handling money for ISIS

Edited November 13, 2014 by easyrider

[Nadita 6,332]

By the way.. did I hear they say no to USD?? hmm... busted  they have used USD for a long time and now throwing tantrum because daddy so, no more play and now going for gold and silver and copper.. good move.. wonder who supplies them with the gold, silver, and copper.  

[yota691 192,085]

See picture all currencies .. "Daash" acknowledges minting gold coins and silver in Iraq and Syria

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13-11-2014 11:34 PM

 

 

 

 Sorry Pic won't Load...Hit Link....Here 

 

 

 

 

Declared organization 'Daash' terrorist coin minting gold, silver, copper, especially to be dealt with in under his control in the areas of Syria and Iraq, according to a statement published Thursday sites dealing with news groups 'jihadist'. 

 The statement, which carry today's date and the location of the 'Office of the house money' of the organization 'under the guidance of the faithful in the Islamic state', any organization's leader, Abu Bakr al-Baghdadi or 'Caliph Ibrahim', 'will be, God willing, mintage of gold, silver, copper and several categories'.

 The organization said that the minting its own coins comes in order to stay away from 'Altagota financial system that was imposed on the Muslims and was a reason to enslave', calling out that this new currency pushing Emancipation 'of interest-based global economic system satanic'.

 The statement, published in the pictures of models of coins which is printed on one side the terms' Islamic state 'and'khalafah on a platform of prophecy', and select the weight and value.

 On her second, the symbols used have varied, a seven ears for a class one dinar of gold, and a map of the world for five dinars of gold category as well, and the shaft and a shield to the category of one dirham of silver, and a beacon of Damascus white five dirhams of silver to the category, and the Aqsa Mosque to class ten dirhams of silver as well.

 And the copper coin of ten fils category, Hilal mode, while putting on the twentieth fils coin three palms.

The statement said the reasons for the use of each of these symbols, including spikes, which symbolizes the 'pond spending', and'mnarh Damascus' It 'airstrip Christ peace be upon him and the land of the sagas'.

And controlled organization 'Daash' on large areas in Iraq and Syria. He announced at the end of June to establish 'Islamic caliphate' on the control areas.

 

Experts say the Islamic movements that have this regulation are three basic sources of funding are: taxes imposed on the population, oil wells, dominated by selling its production of crude, in addition to the ransom from kidnappings carried out by targeting the whole citizens, foreigners and journalists funds.

 

[yota691 192,085]

GMT 20:48 2014 Thursday, November 13th : Last Update

                                                                                                                                                                                 "Daash" acknowledges minting its own coins

 

Beirut: announced the organization of the "Islamic State" (Daash) minted coin, gold, silver, copper its own to be dealt with in under his control in Syria and Iraq areas, according to a statement published Thursday sites dealing with the news of "jihadi" groups .ujae in the statement carried today's date and the location of the "Diwan money house" of the organization "at the direction of the faithful in the Islamic state," any organization's leader, Abu Bakr al-Baghdadi or "Caliph of Abraham," "will be, God willing, minting of gold, silver, copper and several categories of" .ozkr organization that minted its own coin comes in order to stay away from "Altagota financial system that was imposed on the Muslims and was the cause of slavery," calling out that this new currency pushing Emancipation "of interest-based global economic system satanic".

And published in the statement photographs of models of coins, which is printed on one side terms "Islamic state" and "succession on a platform of prophecy," and select the weight and Qimitha.ually her second, varied symbols used, a seven ears for a class one dinar of gold, and a map of the world for five dinars of gold category as well, and the shaft and a shield to the category of one dirham of silver, and a beacon of Damascus white category five dirhams of silver, and the Al-Aqsa Mosque ten category dirhams of silver Kzlk.ually coin copper from ten fils category, Hilal mode, while putting on a currency twentieth fils three palms.

The statement said the reasons for the use of each of these symbols, including spikes, which symbolize the "blessing spending," and "a beacon of Damascus," a "airstrip Christ peace be upon him and the land of legends" .ojsetr organization "Daash" on large areas in Iraq and Syria. He announced at the end of June, the establishment of the "Islamic Caliphate" on areas Satrth.oicol experts in Islamic movements that this organization has three primary sources of funding are: taxes imposed on the population, oil wells, which was dominated by the production and selling of crude, in addition to the ransom money resulting from abductions carried out by the citizens and the overall target foreigners and journalists.

I'm curious what company will produce them for ISIS...I don't see this happening and say it all talk....IMO

[yota691 192,085]

Isis to introduce its own currency, the Islamic dinar

Website affiliated with Islamic State says leader Abu Bakr al-Baghdadi has instructed his followers to start minting coins

 

 Isis wants to change the 'tyrannical monetary system' modelled on western economies it says has 'enslaved Muslims'. Photograph: Alamy

Associated Press in Cairo

 

Friday 14 November 2014 06.47 EST

•  

 

Islamic State says its leader has ordered that the organisation start minting gold, silver and copper coins for its own currency, the Islamic dinar.

A website affiliated with the militant group said late on Thursday that its leader, Abu Bakr al-Baghdadi, has instructed his followers to start minting the coins to “change the tyrannical monetary system” modelled on western economies that has “enslaved Muslims”.

The posting says the order was approved by the group’s Shura council, an advisory board.

After seizing large swaths of Iraqi and Syrian territory earlier this year, Isis proclaimed a caliphate, or Islamic empire, on lands under its control.

The group has also sought to implement its harsh interpretation of Islamic law, or Sharia, and Baghdadi has proclaimed himself the caliph.

[yota691 192,085]

After the announcement of his intention to the organization minted in his name

Jimmy Gorel: US Treasury to focus on Kuwaiti banks which can receive coin Daash
 

  11/14/2014    20:23

 

  Images broadcast on the organization of the new currency (CNN)

 

 

Jimmy Gorel former Assistant US Treasury Secretary said that the US Treasury Department to focus on banks in Kuwait and Qatar, which can receive Daash funds and deal with according to CNN Arabic. 
According to CNN Arabic, the organization of the Islamic State «Daash» plans Mint gold coin and silver and brass said it was targeting from behind, stay away from the «financial system unjust», pointing out that the organization will issue a statement later to explain the value of the currency exchange, and where available, the currency and include seven coins, two gold, three silver, and two of copper. 
He stressed Jimmy Gorel that Daash « Unlike al-Qaeda, who was receiving funding from abroad, the Daash particular has a self-financing basis comes from oil, and the amount of the ransom, and taxes, and stolen objects ». 
He Gorel The difficulty, of course, in this kind of money, that you can not just put the money in a shoe box or under your bed, it must intervene in the financial system in a given moment.

ISIS unveils gold-backed currency to break off from Western economies that 'enslaved Muslims' The gold, silver and copper coins with be printed with the words "The Islamic State / A Caliphate Based on the Doctrine of the Prophet," in Arabic. Terrorist leader Abu Bakr al-Baghdadi ordered the minting Thursday.

THE ASSOCIATED PRESS

 

Friday, November 14, 2014, 10:33 AM

STRINGER/REUTERSISIS said it will begin minting its own gold, silver and copper coins to separate itself from the West's 'tyrannical monetary system.'

CAIRO — The leader of the Islamic State 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 late Thursday, saying IS leader Abu Bakr al-Baghdadi instructed his followers to mint the coins to "change the tyrannical monetary system" modelled on Western economies that "enslaved Muslims."

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.

One of the gold coins carries the symbol of seven stalks of wheat, mentioned in the Quran, while another has the map of the world, a reference to Islam someday ruling the entire world.

One of the silver coins shows a sword and a shield in a reference to holy war, or jihad while another has a minaret symbolizing Damascus mentioned in one of the Prophet Muhammad's sayings.

Another coin carries the symbol of the Al-Aqsa Mosque in Jerusalem, where the Prophet prayed. It's revered as Islam's third-holiest place, complete with the site's iconic gold-topped Dome of the Rock, which enshrines the rock from which Muslims believe the Prophet ascended to heaven.

The copper coins carry the symbol of the crescent moon and three palm trees, also significant in Islam.

The posting said instructions from the Islamic State's treasury department would be forthcoming, explaining to the people how to use the currency.

[Rayzur 5,757]

I have no idea where my post went.... but here are the officially announced exchange rates:

 

 

 

[new york kevin 8,263]

They may make a good novelty to own. How do we acquire one or two? How do we know the purity of the gold is equal to the worlds standard?

[gymrat76541 2,215]

ISIS might want to look into offering their members Health & Life Insurance!

[Maggie123 4,086]

LOL Gymrat

 

ISIL announces plan to mint own currency

 

An image released by the ISIL Takfiri terrorist group in a Thursday statement, showing a coin that the group plans to mint as part of its currency (file photo)

 

Thu Nov 13, 2014 11:53PM GMT

 

Takfiri terrorist group says it is planning to create its own currency in coins, prompting speculations on whether the move is viable.

 

The terrorist group said in a statement on Thursday that the currency will be in the form of two gold, three silver and two copper coins.

 

The Takfiri group said that the motive behind the move was to avoid the “tyranny of the international monetary and financial system,” adding that the currency will make it possible to avoid the “global economic system that is based on satanic usury.”

 

Commenting on the announcement, Jimmy Gurule, a former US Treasury undersecretary, told CNN that the ISIL “is the wealthiest terrorist organization that the world has ever known, and so, with that kind of money, it’s hard to understand ‘what's the potential?’ What could they do with that?”

 

The terrorist group's major source of income is the oil it extracts in the areas it has seized. The International Energy Agency (IEA) said in its monthly report on October 14 that the oil output of the Takfiri group was less than 10,000 barrels per day.

 

 

“The difficulty, of course, with that kind of money is you can’t just put that money in shoe boxes and place it under your mattress. It has to enter into the financial system at some point in time. So I think the Treasury needs to be focusing on banks -- banks in Qatar for example, and in Kuwait -- that may be the recipients and handling money for ISIS,” Gurule added, using another name for the Takfiri group.

 

The terrorist group earns between 1 and 2 million dollars per day by selling the illicit oil.

 

The terrorist group reportedly pumped around 80,000 barrels per day over the summer. The oil is bought mainly by local traders and part of it is smuggled to Turkey.

 

The ISIL terrorists currently control large areas of Iraq and Syria.

 

The militants have been carrying out horrific acts of violence, including public decapitations, against Iraqi communities such as Shias, Sunnis, Kurds and Christians.

 

 

Quote From Comments Below The Article:

Aware Aussie

Nov 14, 2014 12:15 AM

This would be laughable if it wasn't so sick. ISIS can: fly fighter jets, evade ALL of the world's militaries and advanced technologies, invade and overthrow pretty much any country on the planet, and now even mint their own coins!! Wow, when you have the CIA, Mossad and MI6 helping you, you can achieve anything!

Edited November 14, 2014 by Maggie123

[Rayzur 5,757]

Perhaps A Little Competition May Light A Fire Underneath The CBI !

 

             

 

You might actually be on to something !!!

[Doctor Smith 223]

Are they claiming Bullion Coins or Numismatic circulated? Hee Hee.