IS claims start of new currency by minting of coins

The Islamic State militant group has claimed to have started its own currency by minting coins and described the move as a “second blow” to the US after 9/11, according to a newly released video.

In the documentary-style video, the radical group presented its new currency, claiming to have started minting and circulating its own gold coins. The Islamic State of Iraq and Syria (ISIS), in the video, described the step as a “second blow to the United States and its capitalist financial system of enslavement”, after the 9/11 attacks, according to SITE intelligence group. In the video entitled “The Rise of the Khilafah and the Return of the Gold Dinar”, ISIS shows smelting of gold, silver and copper coins.