A website affiliated with the group posted the order late yesterday, saying IS leader Abu Bakr al-Baghdadi instructed his followers to mint the coins to "change the tyrannical monetary system" modelled on Western economies that "enslaved Muslims."
The order was approved by the Islamic State group's Shura Council, an advisory board, according to the website. The authenticity of the posting could not be independently verified but the website has been used in the past for IS postings.
According to photographs of coin prototypes, they carry the words in Arabic: "The Islamic State / A Caliphate Based on the Doctrine of the Prophet."
It's unclear where the Islamic State group intends to get the gold, silver and copper for the coins. It said the dinar's purchasing power would be its weight in gold, silver or copper.
One of the silver coins shows a sword and a shield in a reference to holy war, or jihad while another has a minaret symbolising Damascus mentioned in one of the Prophet Muhammad's sayings.
Another coin carries the symbol of the Al-Aqsa Mosque in Jerusalem, where the Prophet prayed. It's revered as Islam's third-holiest place, complete with the site's iconic gold-topped Dome of the Rock, which enshrines the rock from which Muslims believe the Prophet ascended to heaven.
The posting said instructions from the Islamic State's treasury department would be forthcoming, explaining to the people how to use the currency.
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