Archive – Islamic State

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Combatting the tyranny of the Western financial system and Gresham’s Law: the new currency of the Islamic State

The Islamic State has released its own currency which is intended to liberate Muslims from the tyranny of the Western world. The question is this: Will this currency prevail? If we apply Gresham’s Law, the answer is clear: no. more ]

IS coins minted in Turkey?

In August 2015, the Islamic State presented its first minted gold dinars. Minted coins as well as coining blocks of the IS have now been seized in Turkey. Apparently, the coins were manufactured not far from Gaziantep. more ]

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