The Islamic State (aka ISIS/ISIL) has officially started minting its own currency. The group has posted photos showing the newly minted coins to social media.
On one side of one of the coins a world map is shown which many believe express the group’s belief that the entire world will eventually fall under the control of their Caliphate.
This news puts into plans an announcement made by ISIS in November of last year when they said they planned on releasing their own currency that would be based on gold and silver.
ISIS is estimated to be bringing in tens, if not hundreds, of millions of dollars per month in income from taxes on citizens living in their cities, seized assets, extortion, slavery and embezzlement schemes. The terror group is estimated to have over a billion dollars in fairly liquid assets.