Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement broadcast on CNN last night. The group also said another statement will be out soon to explain the new currency's exchange rate, and where it can be found.
According to ISIS, "the move is purely dedicated to God and will remove Muslims from the global economic system that is based on satanic usury"
The wealthiest terror organisation, which calls itself the Islamic State, has seized large expanse of territory in Iraq and Syria and seeks to establish an Islamic caliphate there. And world leaders are watching?