Isis declares its own currency
Its self-declared state has no functioning ministries, nor is it recognised by any government in the world; it is also under sustained daily air attack by the US and its allies. But none of this has prevented the Islamic State of Iraq and Levant from declaring plans to mint its own money.
A statement on Wednesday by the al-Qaeda offshoot known as Isis, announced the launching of its new currency as a way to separate its self-declared proto-state encompassing northwest Iraq and northeast Syria from the “tyrannical financial system imposed on Muslims”.
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