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Wednesday, November 11, 2026Nov 11

Islamic State group says it’ll mint its own coins

This image posted on a militant website on Thursday, Nov. 13, 2014, which has been verified and is consistent with other AP reporting, shows renderings of a 20 copper feloos coin, a new coin that Abu Bakr al-Baghdadi, the leader of the Islamic State group, ordered the group to start minting for its own currency - the Islamic dinar. The Arabic on the left image shows 20 for the first line and 1436 (Islamic year) for the second. The Arabic on the right image shows the Islamic State for the first line, 20 feloos (smaller denomination of the dinar) for the second line, 20 grams for the third line and A Caliphate Based on the Doctrine of the Prophet for the fourth line. (AP Photo/Militant website)
This image posted on a militant website on Thursday, Nov. 13, 2014, which has been verified and is consistent with other AP reporting, shows renderings of a 20 copper feloos coin, a new coin that Abu Bakr al-Baghdadi, the leader of the Islamic State group, ordered the group to start minting for its own currency - the Islamic dinar. The Arabic on the left image shows 20 for the first line and 1436 (Islamic year) for the second. The Arabic on the right image shows the Islamic State for the first line, 20 feloos (smaller denomination of the dinar) for the second line, 20 grams for the third line and A Caliphate Based on the Doctrine of the Prophet for the fourth line. (AP Photo/Militant website) This image posted on a militant website on Thursday, Nov. 13, 2014, which has been verified and is consistent with other AP reporting, shows renderings of a 20 copper feloos coin, a new coin that Abu Bakr al-Baghdadi, the leader of the Islamic State group, ordered the group to start minting for its own currency - the Islamic dinar. The Arabic on the left image shows 20 for the first line and 1436 (Islamic year) for the second. The Arabic on the right image shows the Islamic State for the first line, 20 feloos (smaller denomination of the dinar) for the second line, 20 grams for the third line and A Caliphate Based on the Doctrine of the Prophet for the fourth line. (AP Photo/Militant website)

CAIRO (AP) – 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.”