ISIS Announces New Currency -- CNN

(CNN) -- ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday.

Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found.

The currency will include seven coins: two gold, three silver and two copper.

The move is "purely dedicated to God" and will remove Muslims from the "global economic system that is based on satanic usury," ISIS said.

The group, which calls itself the Islamic State, has seized large swaths of territory in Iraq and Syria.

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More News On The Islamic State Announcing Its Own Currency

ISIS Introduces New Currency -- Newsweek
Isis declares new currency will be circulated in its bid to establish caliphate across Syria and Iraq -- The Independent
Islamic State Mints Coins as Jihadis Develop Trappings of Power -- Bloomberg
Isis declares its own currency -- Financial Times
Islamic State Money: ISIS To Mint Its Own Currency And Create 'Financial System' -- IBTimes
ISIS wants to mint its own jihadi coins -- Mashable