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 way the US is carrying the anti-ISIS war is a total failure because the countries that initially supported, financed and armed ISIS are within the US coalition right now, Talal Atrache, an expert on Jihadist and Islamist mentality, told RT.
The Islamic State of Iraq and al-Shams (Isis) has become the richest terror group ever after looting 500 billion Iraqi dinars – the equivalent of $429m (£256m) – from Mosul’s central bank, according to the regional governor.
Nineveh governor Atheel al-Nujaifi confirmed Kurdish televison reports that Isis militants had stolen millions from numerous banks across Mosul. A large quantity of gold bullion is also believed to have been stolen.
Following the siege of the country’s second city, the bounty collected by the group has left it richer than al-Qaeda itself and as wealthy as small nations such as Tonga, Kiribati, the Marshall Islands and the Falkland Islands.
NEW DELHI: The prospect of terror organisations getting their hands on a nuclear device has long concerned both security agencies and thriller writers. Now, it seems Indian Mujahideen India chief Ahmad Zarar Siddibappa alias Yasin Bhatkal too was thinking along similar lines. Bhatkal recently told interrogators that he was planning to set off a nuclear bomb in Surat, according to sources.