Photos of gold sovereigns with a stated value of $139 each were posted online on Tuesday night by Abu Ibrahim Raqqawi, an anti-ISIL activist living in Syria’s Raqqa which came under full Islamic State control last year.
Raqqawi said the radical Sunni militant group planned to start circulating what it calls “Islamic dinar” coins soon.
The prototype design of the coins includes a world map, a Quranic image of seven wheat stalks and a slogan in Arabic that reads: “The Islamic State — a caliphate based on the doctrine of the Prophet,” according to the Telegraph.
Last November, ISIL announced it was planning to “emancipate itself from the satanic global economic system,” the UK outlet said.
The jihadi group seized vast swaths of Iraq and Syria in 2014, and says it wants to establish a caliphate ruled by strict Sharia laws on the territories under its control.