ISIS Introduces Real Money

[Abz2000]

ISIS Introduces New Currency

BY*POLLY MOSENDZ*11/13/14 AT 11:23 AM

The Islamic State (ISIS) announced plans to begin minting its own currency on Thursday.
The terrorist organization gave specifics to*SITE Intelligence Group, an organization that monitors the jihadist threat.
ISIS told SITE the new currency, minted in gold, silver and copper, will remove Muslims from the "satanic usury-based global economic system."
The currency was created by Abu Bakr al-Baghdadi, the organization's leader. The terrorist group's statement on the matter, translated by SITE, reads:
*Based on the directive of the Emir of the Believers in the Islamic State, Caliph Ibrahim, may Allah preserve him, to mint current for the Islamic State, as it is far removed from the tyrannical monetary system that was imposed on the Muslims and was a reason for their enslavement and impoverishment, and the wasting the fortunes of the Ummah, making it easy prey in the hands of the Jews and Crusaders, the Treasury Department studied the matter and presented a comprehensive project, by the grace of Allah, to mint a currency based on the inherent value of the metals gold and silver.

Within the gold currency, there are two coins: one dinar with a symbol of seven wheat stalks and five dinar with a symbol of a world map. Within silver, three coins: one dirham symbolized with a spear and shield, five dirhams with a white minaret of Damascus and 10 dirhams with the al-Aqsa mosque. For the copper currency, one 10 fils coin has a crescent while another 10 fils coin has a palm tree.
It is unclear how ISIS plans to mint the currency at this time, but ISIS has said its Treasury Department will "organize the minting, how to obtain the money, its value, and the relationship between its different categories and how to deal with it.
*In regards to the conversion rate, Adam Raisman at SITE told*Newsweek, "IS stated it’s based on the 'inherent' value of gold and silver, and named the various denominations.
*It’s not known based on the statement how their Dinar converts to Dinars in other Islamic countries."
In addition to sending information regarding currency, ISIS provided SITE with an audio recording of al-Baghdadi, in an attempt to prove the jihadist leader is alive after airstrikes that were thought to have injured him.


.******http://www.newsweek.com/isis-islamic-state-iraq-syria-oil-jihad-terrorist-terrorism-site-284211

 

['Abd-al Latif]

:salamext:

This was also mentioned on a more mainstream newspaper http://www.theguardian.com/world/2014/nov/14/isis-own-currency-islamic-dinar

 

[Abz2000]

Wa'alaikumussalam wr wb, jzk for the update,

Here's some history and facts on the topic, will find and add a couple of interesting vids on the topic i watched a few years back inshallah.

2. What are the Dinar & DirhamThe Islamic Dinar is a specific weight*of 22k gold equivalent to 4.25 grams.
The Islamic Dirham is a specific weightof pure silver equivalent to 2.975 grams.
According to Islamic Law...The Islamic Dinar is a specific weight of 22k gold (917.) equivalent to 4.25 grams.
The Islamic Dirham is a specific weight of pure silver equivalent to 3.0 grams.
Umar Ibn al-Khattab established the known standard relationship between them based on their weights: "7 dinars must be equivalent to 10 dirhams.""The Revelation undertook to mention them and attached many judgements to them, for example zakat, marriage, and hudud, etc., therefore within the Revelation they have to have a reality and specific measure for assessment [of zakat, etc.] upon which its judgements may be based rather than on the non-shari'i [other coins].
Know that there is consensus [ijma] since the beginning of Islam and the age of the Companions and the Followers that the dirham of the shari'ah is that of which ten weigh seven mithqals [weight of the dinar] of gold. . . The weight of a mithqal of gold is seventy-two grains of barley, so that the dirham which is seven-tenths of it is fifty and two-fifths grains.
All these measurements are firmly established by consensus." Ibn Khaldun, Al-Muqaddimah

How are the Islamic dinar used?
1.- The Islamic Dinar can be used to save because they are wealth in themselves.
2.- They are used to pay zakat and dowry as they are requisite within Islamic Law.
3.- They are used to buy and sell since they are a legitimate medium of exchange.
3. Using the Dinar & DirhamGold and silver are the most stable currency the world has ever seen.

From the beginning of Islam until today, the value of the Islamic bimetallic currency has remained surprisingly stable in relation to basic consumable goods:
A chicken at the time of the Prophet, salla'llahu alaihi wa sallam, cost one dirham;
today, 1,400 years later, a chicken costs approximately one dirham.
In 1,400 years inflation is zero.
Could we say the same about the dollar or any other paper currency in the last 25 years?
In the long term the bimetallic currency has proved to be the most stable currency the world has ever seen. It has survived, despite all the attempts by governments to transform it into a symbolic currency by imposing a nominal value different from its weight.

Reliability
Gold cannot be inflated by printing more of it; it cannot be devalued by government decree, and unlike paper currency it is an asset which does not depend upon anybody's promise to pay.
Portability and anonymity of gold are both important, but the most significant fact is that gold is an asset that is no-one else´s liability.
All forms of paper assets: bonds, shares, and even bank deposits, are promises to repay money borrowed.
Their value is dependent upon the investor's belief that the promise will be fulfilled.
As junk bonds and the Mexican peso have illustrated, a questionable promise soon loses value.
Gold is not like this. A piece of gold is independent of the financial system, and its worth is underwritten by 5,000 years of human experience

http://www.islamicmint.com/dinar_dirham/index.html

 

[Abz2000]

Successful use over the past decade:

I watched all parts of this informative lecture, mentioned stuff i'd never thought to consider:

 

[Jedi_Mindset]

*note i am not supporting

IS has captured tons of gold from the banks of mosul and houses of corrupt politicians. Also there are plenty of silver resources they captured. I don't see they won't create this 'currency'.

 

['Abd-al Latif]

:salamext:

I'm wondering what the currency will be worth when it's converted. Allah knows best but I'm thinking not a lot maybe..?

 

[Abz2000]

If it's physical gold and silver and copper, it has intrinsic value - it can be melted down and sold anywhere for spot price minimum.
Unlike paper money grown on trees, which only has scrap value per pound / kilo of probably 50p or less once a government defaults.

And historically they have all defaulted on the paper promise to pay on demand when they took sterling silver in weight of pounds and gave a promissory note / for "one pound sterling" of dajal (illusory) money.

One pound of physical sterling silver would probably buy the same amount of physical market goods now as it could when the kings' financiers began issuing paper certificates signed by the governor of the national bank as trust, dumb/unsuspecting people thought it was the patriotic thing to do - especially during wars, since they could still buy the same stuff with the notes at and around the time of issue and still receive increase on the metal via usury.

Interesting to note how fdr issued the gold confiscation order just as the zionist movement began to transport jews en masse to Quds and build huge illegal settlements.
They would've needed loadsa money.
Was able to remove huge amounts of real solid money from the american public and replace it with paper so the economy didn't even feel the disappearance - until a little later.......an old trick of kings preparing for wars.

 

[ardianto]

:salamext:

I'm wondering what the currency will be worth when it's converted. Allah knows best but I'm thinking not a lot maybe..?

:wasalamex

In accordance of the price of gold (for dinars) or silver (for dirhams).

Now dinar has been quite popular among Muslims in some Muslim majority countries, although for this time it more widely used for investment. There is one thing that needs to be considered if we want to use dinars and dirhams as a medium of exchange. How ordinary people can detect the authenticity of this coin because it is possible there will be a counterfeit dinars or dirhams. We should think about this.

By the way, this is Indonesian dinar

 

[Abz2000]

All any shopkeeper needs is a bottle of nitric acid and a testing stone, if suspicious of a coin, checks density, mass compared to size with scales and eyes, and if needed gives the coin a scrape on the stone, pours a drop of nitric acid on it and it doesn't fizzle away, in the Islamic system, a tester only need keep the concentration liquid reguired for 22k +.
For silver theres another liquid that turns green on contact with non silver and deep red on contact with silver.
The safest coins are the thinnest since you don't have to saw through them to check inside as with bulky one kilo bricks.


(when i lived in the uk, most of the 22k edwardian and georgian sovereigns i got hold of at spot price had more than a few scrapes on them - must've been common practice. I'd bought them with the hope of one day melting them for dinars in a real Islamic State - still wondering if there is one though....... had to sell them all before the price increased when i ran low on cash but learnt that silver is what is really undervalued these days in comparison and has most chance of surviving price drops - Allah A'lam.

Anyways, the current malaysian dinars and dirhams cost way over spot price due to minting costs, if you want spot, there's a few places in the arcade in hatton garden, the sri lankan/indian type dudes get them to you for cheap - on or around spot. You can spray them a different colour and jam them in your wallet with the other coins if you want to travel and fear the oppressors may try to unjustly tax you at colonial borders.

We must however remember that gold and silver coin are a means and not an end. If God forbid a bull's head costs a hundred dinars, then the only real refuge is God.

It is true that some unscrupulous agents of certain governments may have ideas of attempting to replicate and commit fraud, but they have done the same with paper cash in russia in order to bottom the economy and even worse, where the forgery was so immaculate that it could only be confirmed via serial number (i.e finding a duplicate note).
So i'd say it's easier to forge paper on printers than real metals - especially when the rothschilds print a huge amount of paper promissory notes for central banking cartels all over the world.

 

[Abz2000]

Here's one i forgot, it's been claimed to be fraudulent but the events have transpired - it explains how they would get unwary citizens to deposit money (real precious metal) into banks with the promise of interest in exchanger for paper, and then devalue the paper via debt servicing and inflation:

part of protocol 21:

3. States announce that such a loan is to be concluded and open subscriptions for their own bills of exchange, that is, for their interest-bearing paper.
That they may be within the reach of all the price is determined at from a hundred to a thousand; and a discount is made for the earliest subscribers.
Next day by artificial means the price of them goes up, the alleged reason being that everyone is rushing to buy them.
In a few days the treasury safes are, as they say, overflowing and there's more money than they can do with*(why then take it?)*
The subscription, it is alleged, covers many times over the issue total of the loan; in this lies the whole stage effect
- look you, they say, what confidence is shown in the government's bills of exchange.

4. But when the comedy is played out there emerges the fact that a debit and an exceedingly burdensome debit has been created.
For the payment of interest it becomes necessary to have recourse to new loans, which do not swallow up but only add to the capital debt.
And when this credit is exhausted it becomes necessary by new taxes to cover, not the loan, BUT ONLY THE INTEREST ON IT.
These taxes are a debit employed to cover a debit ....*(Hence THE CRY TO BALANCE THE BUDGET!)

5. Later comes the time for conversions, but they diminish the payment of interest without covering the debt, and besides they cannot be made without the consent of the lenders;
on announcing a conversion a proposal is made to return the money to those who are not willing to convert their paper. If everybody expressed his unwillingness and demanded his money back, the government would be hoist on their own petard and would be found insolvent and unable to pay the proposed sums.

By good luck the subjects of the GOY governments, knowing nothing about financial affairs, have always preferred losses on exchange and diminution of interest to the risk of new investments of their moneys, and have thereby many a time enabled these governments to throw off their shoulders a debit of several millions.

6. Nowadays, with external loans, these tricks cannot be played by the GOYIM for they know that we shall demand all our moneys back.

7. In this way in acknowledged bankruptcy will best prove to the various countries the absence of any means between the interests of the peoples and of those who rule them.

Looks like the rothschilds (father and patrons of the illegal settlements in Al Quds) had their work cut out for them while they were official gold brokers for the bank of England and of the international banking system.

They had people depositing real money on interest to the banks, while the people thought they were tricking the banks by using the paper receipts on the market.
The fact that the paper receipts say "i promise to pay the bearer" instead of "i promise to pay the depositor who is such and such" shows that they wanted people to use them on the markets until they became accepted mediums of exchange. And they didn't mind paying interest to people on gold that they'd naturally default on.


Reminds me of the simple villager who goes to the city and starts counting the floors on an awsomely tall building,
Townsman swindler comes and asks him: hey! Whatcha doing???
Only counting! He replies with worry.
The going rate is 10 takas per floor, how many'dya count?
Only 5
Ok that'll be 50 takas.
Villager gives him 50tk and walks away feeling pleased with himself that he only paid the idiot townsman for 5 when he'd actually counted 11!

 

[drkashifj]

'Allahumma ansur Mujahideen fi kulli makaan

 

[drkashifj]

once muslims are free from interest based Zionist dominated economy and paper money nothing can inshalah stop their dominance .kufar will flock to muslim nations inshalah and become muslims seeing the blessings of non riba based economy etc....this riba based economy and paper money is what is making few thousand Zionists control the whole world...I suspect that if isis successfully establishes this Islamic system of economy than this will be the real blow to dajal,s system and he may have to appear physically then.anyway just a theory .Allah knows when dajal will really emerge.but looking at present situation I don't think there is a long time left in this

 

[Jedi_Mindset]

^

Bro its best to delete your first post, any support of fighting groups here will attract heat. Especially on a public forum like this.

 

[Snow]

 

[Abz2000]

Assalamu'ala manittaba'a hidaayatAllah,
It is support of the truth that the Creator of the heavens and the earth has revealed in full sincerity, let us not be diverted from the truth by the fitnah of Dajjal but let us try to sift out the truth and accept it from wherever it comes - for the crime and truth are intertwined in such a way as to sift our hearts, and for those who have sown tares among the seeds, the time of harvesting and threshing shall come.


(2) Chapter. Afflictions will fall like rain.*1989.*
Usamah bin Zaid( Radiyallahu 'anhumaa) narrated:
Once the Prophet ( Salallahu 'alayhi wasalam) stood on one of the hills of Al-Madinah and said:
"Do you see what I see?
(No doubt) I see the places (or spots) of afflictions among your houses, and these afflictions will be like the spots where rain falls."
(Bukhari 1878)

(3) Chapter. Afflictions will be exposed to the hearts.1990.

Hudhaifah reported:
Once I was sitting with 'Umar (radiyallahu 'anhu) and he said:
"Who of you remembers the statement of the Messenger of Allah (salallahu 'alayhi wasallam) about afflictions?"
Some people said: "We heard it." 'Umar said: "Maybe you mean the affliction caused to man by his wife, money, and children or neighbour?"
They said: "Yes."
'Umar said: "That is expiated by the prayers, fasting and charity,
but who heard the Messenger of Allah (salallahu 'alayhi wasallam) talking about the affliction that spreads like the sea water?"
People kept silent and I (Hudhaifah) said:
"You need not be afraid of that, I heard the Messenger of Allah (salallahu 'alayhi wasallam) saying:
'Afflictions will be exposed to the hearts like a straw carpet,
straw by straw;
when a heart accepts any, a black spot will be marked in that heart,
and every heart that rejects it, will be marked by a white spot.
These will be two hearts,
a rock like white one, to which no trial will affect as long as the earth and heavens remain, and the other heart will be as black as a turned over cup, which will not enjoin any good deed nor deny any vice except what it likes."

Hudhaifah told 'Umar: "There will be a door between you and such afflictions, which is about to be broken."
'Umar said: "Will it be broken or*opened? It will be opened, it may be closed again."
Hudhaifah said: "It will be broken."
He said to 'Umar: "The door stands for a man who will be killed or he may die.
This is not a lie."
Abu Khaalid said: I asked Sa'id: O Abu Maalik! What is a black Murbaad?"
He said: "Dark black and blank white."
And I asked him:*"What is a turned over cup?"
He said: "A cup turned*upside down."
(Bukhaari 525)

Getting you to reject a tenet of Islam (submission to Allah) outright (fighting kufr for instance), just because it isn't applicable to you at present -though it is around the corner,- is another part of that fitnah of deception, but they cannot harm anyone by their sorcery and secret councils except by Allah's leave, so let us put our trust in Allah and work accepting His revealed guidance and seeking His pleasure, since the intellect is a gift that requires excercise.

You may ask yourself, will you accept pythagoras theorem/rule because it is true, or because a kafir discovered the law? and does accepting it somehow mean that you accept all doctrines/theorems/rules propounded by kufr or confirm the superiority of kufr? Or do you just reject it because it is a discovery made by a kafir despite it being a law of Almighty God?

Similarly, many confused people are wrongly being made to question Islam and the concept of the Islamic state simply because it is being presented by a group called Islamic State which people are conditioned to see as loony.
Others are conditioned to accept any foolish/irrational/unlawful/unwise act as acceptable since they are told it is coming from an Islamic State.

It is the blind adherence to/rejection of people we assume to be friend/foe that makes us lose our bearings.

Remember the time when the westerner was made to reject God outright and accept the doctrinces of satan?
We kept hearing the brain dead slogan:
" religion" (way of life) baaaad!!
Ug ug
" religion" (way of life) waaaar!!
Ug ug.
Caused them to cast aside their good judgement and intellects, and accept anything other than what they perceived as being from the false construct in their minds that was "religion".



It is best that we seek and accept what is true seeking the face of Allah, since it is that intellect which leads us to accept that Allah is true and what is revealed to Muhammad is true.
Though we may sometimes forget in the confusion (as did Ya'qub when he heard of binyameen) just because the tale was from "the deceivers".

Why turn the whole cup upside down?

 

[Freya]

Are you seriously siding with a group like ISIS? This is horrible.
Creating a currency to rival the Dinar is like using a Rupee to compete with the USDs. It is just ludicrous and has economic failure written all over it. Look at how currency creation came about during Europe after WWII. It was a total disaster as countries tried to secure economic stability and much of this is still left in Europe.
Whoever the leader of ISIS is must obviously be a moron if he thinks creating a rival currency will do any good. Without exchange that coin is worth nothing. The Arab nations rely on exportation of goods to maintain their currency and we all know that is oil.
ISIS won't be creating Kuwaiti Dinars anytime soon

 

[ardianto]

Are you seriously siding with a group like ISIS? This is horrible.
Creating a currency to rival the Dinar is like using a Rupee to compete with the USDs. It is just ludicrous and has economic failure written all over it. Look at how currency creation came about during Europe after WWII. It was a total disaster as countries tried to secure economic stability and much of this is still left in Europe.
Whoever the leader of ISIS is must obviously be a moron if he thinks creating a rival currency will do any good. Without exchange that coin is worth nothing. The Arab nations rely on exportation of goods to maintain their currency and we all know that is oil.
ISIS won't be creating Kuwaiti Dinars anytime soon

Creating a currency is okay. The problem with ISIS is their brutality, their ambition to take over other people land, and their stance that regard other Muslims that disagree with them as infidel.

 

[Freya]

Creating a currency is okay. The problem with ISIS is their brutality, their ambition to take over other people land, and their stance that regard other Muslims that disagree with them as infidel.

Creating a currency is not okay. They have no economic stability. This is like drafting constitution for Martians and Humans when we have not even encountered Martians yet. If they have no economic stability nor gain any currency they make is useless. It is just a matter of jumping too far ahead

 

[Futuwwa]

Their currency will never be useless, since it's commodity-based, not fiat money. The value of the money doesn't follow from the fact that ISIS says so, but from the precious metal content in the coins. If ISIS were to collapse, the coins would still have value, since their owners could just melt them down to get the precious metals, or sell them to someone who does.

 

[Abz2000]

it's rare that i agree with you on an issue futuwwa, however it seems you've used your good sense to sift the gold from the ore

And that indeed is the triumph from "fitnah". (the etymology of the term speaks volumes).

When you take people's gold and silver in exchange for a piece of paper with a false promise to repay, you basically violate their rights, steal their rights via fraud and leave them in a state of helplessness - akin to sitting ducks.
However, if you recycle their illusory paper into gold and silver and put that gold and silver back into the hands of the people, you give them back a God Given right which makes them less prone to market fluctuations and crashes.

God knows what is in the hearts of IS leader or who he's working with, i only pray that Allah guides us all to Islam (submission to and peace with Him) and sincere rule by Quran and Sunnah.

I consider it foolish to support him or oppose him based on dajjal media lies and manipulations, it is best that we support Allah and the way of life that He has shown mankind as best.

Surely you wouldn't accuse me of being a member of blackwater or isis or bangladesh rab or metropolitan police if i dyed my trousers black because the blue and cream ones got stained or faded? or of "seriously siding with the knesset on all issues" if i applauded them for banning sodomy and prostitution.
I would say it's a positive step in the right direction.



Some people seem to feed off differences to maintain the evil status quo even if that makes them lose the guidance of Allah and themselves in the process.
A little akin to the U.S surveillance apparatus getting Americans to give up all their God Given rights out of fear and hate of "islamist extremists". Despite the fact that the definition of "potential terrorist" even includes "acting normal".


يَا أَيُّهَا الَّذِينَ آمَنُواْ كُونُواْ قَوَّامِينَ لِلّهِ شُهَدَاء بِالْقِسْطِ وَلاَ يَجْرِمَنَّكُمْ شَنَآنُ قَوْمٍ عَلَى أَلاَّ تَعْدِلُواْ اعْدِلُواْ هُوَ أَقْرَبُ لِلتَّقْوَى وَاتَّقُواْ اللّهَ إِنَّ اللّهَ خَبِيرٌ بِمَا تَعْمَلُونَ

O ye who believe!
stand out firmly for Allah, as witnesses to fair dealing,
and let not the hatred of others to you make you swerve to wrong and depart from justice.
Be just: that is next to piety: and fear Allah.
For Allah is well-acquainted with all that ye do.

Quran 5:8

Here's a person who saw the effects and how the fraudulent manipulation of truth effects everyone: