ISIS mints gold dinar

ISIS, ISIL or the Islamic State's propaganda arm released a new video over the weekend claiming the group is minting gold currency.

Called “The Return Of The Gold Dinar,” the Islamic State describes the new currency of gold coins as a blow against America's “financial system of enslavement”, “the piece of paper called Dollar” which “was imposed on the rest of the world”.

Released by the Islamic State’s al-Hayat Media Center, the video is narrated in English, likely in an effort to reach western audiences reports Vocative.

The video also attacks capitalism, describing it as “one of the great forms of corruption that the earth came to witness.” If the coin is indeed made of gold, the ISIS mint may be wise to create smaller denominations in future.