Abstract
ABSTRACTThe plans and rollout of a trimetallic currency by the Islamic State in Iraq and al-Sham (ISIS) represent a new precedent among extremist groups, and offer a natural experiment with which to analyze a terrorist group’s economic motives. Analyzing Islamic economic thought and the material implications of the group’s monetary activity to discern ISIS’s motivations and the effects of such a move offers an opportunity to illustrate how ISIS’s currency is better suited to its function as a terrorist group than a state.
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