Isis has used the latest issue of its propaganda magazine Dabiq to suggest the group is expanding so rapidly it could buy its first nuclear weapon within a year.

The hyperbolic article, which the group attributes to the British hostage John Cantlie, claims Isis has transcended its roots as “the most explosive Islamic ‘group’ in the modern world” to evolve into “the most explosive Islamic movement the modern world has ever seen” in less than twelve months.

Photojournalist Cantlie is regularly used in the terror group’s propaganda and has appeared in a number of videos, including a YouTube series called "Lend Me Your Ears". He has been held a hostage by Isis for more than two years.

John Cantlie has now been held captive for more two years by Isis militants

The piece, entitled "The Perfect Storm", describes militant Islamist groups such as Boko Haram, which recently pledged allegiance to Isis, uniting across the Middle East, Africa and Asia to create one global movement.

The article claims this alignment of groups has happened at the sane time as Isis militants have seized “tanks, rocket launchers, missile systems, anti-aircraft systems,” from the US and Iran before turning to the subject of more extreme weapons the group is not in possession of - such as nuclear weapons.

Western fighters join Kurds in battle against Isis Show all 9 1 /9 Western fighters join Kurds in battle against Isis Western fighters join Kurds in battle against Isis Foreign Fighters A 67-year old foreign fighter from Canada, nick-named by Kurdish fighters as Hewal Zinar, poses for a photo on April 19, 2015 Uygar Onder Simsek / AFP Western fighters join Kurds in battle against Isis Foreign Fighters A 23-year old fighter and ex-US marine from the US, nick-named by Kurdish fighters as Hewal Agir, guards a look out point during clashes with Islamic State (IS) group fighters on April 17, 2015, in the outskirts of the north-western Syrian town of Tal Tamr AFP Western fighters join Kurds in battle against Isis Foreign Fighters A 26-year old from the US, nick-named by Kurdish fighters as Hewal Dilsad, shows a picture of his wife and son as he poses for a photo on April 14, 2015, in the outskirts of the north-western Syrian town of Tal Tamr Western fighters join Kurds in battle against Isis Foreign Fighters Ex-US marines aged 23 and 24 from the US, nick-named by Kurdish fighters as Hewal Agir (R) and Hewal Agit, guard a position during clashes with Islamic State (IS) group fighters on April 17, 2015, in the outskirts of the north-western Syrian town of Tal Tamr AFP Western fighters join Kurds in battle against Isis Foreign Fighters A group of international foreign fighters pose for a photo on April 16, 2015, in the outskirts of the north-western Syrian town of Tal Tamr AFP/ Getty Images Western fighters join Kurds in battle against Isis Foreign Fighters A foreign fighter poses for a photo with a machine gun on April 19, 2015, in the outskirts of Tal Tamr AFP Western fighters join Kurds in battle against Isis Foreign Fighters A 28-year old foreign fighter from the UK, nick-named by Kurdish fighters as Hewal Baran, poses for a photo on April 19, 2015, in the outskirts of the north-western Syrian town of Tal Tamr, north of Hasakeh AFP/ Getty Images Western fighters join Kurds in battle against Isis Foreign Fighters A 21-year old from the UK and 23 year-old from the US nick-named by Kurdish fighters as Hewal Sores (L) and Hewal Agir guard a post on April 19, 2015 AFP/ Getty Images Western fighters join Kurds in battle against Isis Foreign Fighters A 67-year old man from Canada and a 40-year old from the UK, nick-named by Kurdish fighters as Hewal Zinar (L) and Hewal Cudi train on April 19, 2015, in the outskirts of the Tal Tamr AFP

“Let me throw a hypothetical operation onto the table,” the article continues. “The Islamic State has billions of dollars in the bank, so they call on their wilāyah in Pakistan to purchase a nuclear device through weapons dealers with links to corrupt officials in the region."

It admits that such a scenario is “far-fetched” but warns: “It’s the sum of all fears for Western intelligence agencies and it’s infinitely more possible today than it was just one year ago.

"And if not a nuke, what about a few thousand tons of ammonium nitrate explosive? That’s easy enough to make."

An attack launched by Isis against America would ridicule "the attacks of the past".

"They’ll [Isis] be looking to do something big, something that would make any past operation look like a squirrel shoot, and the more groups that pledge allegiance the more possible it becomes to pull off something truly epic.

“Remember, all of this has happened in less than a year. How more dangerous will be the lines of communication and supply a year on from today?”

The capacity of Isis to acquire such a device is certainly beyond the group at the moment.

But Isis is indeed a well funded group having secured a number of oilfields in Syria and Iraq. The group also sells artefacts looted from historic areas seized during its insurgency, sometimes for six figure sums, as well as imposing taxes on civilians trapped in its self-declared caliphate and other methods of extortion.

The finances of the group have been estimated by some to be in the $2billion area, though it is impossible to verify how much money it actually has access to.

The threats come against a mixed backdrop of successes and losses in both countries; the group has been driven out of Tikrit in Iraq but has overrun Ramaldi and the Syrian ancient city of Palmyra.

A recent call to arms from its leader Abu Bakr al-Baghdadi also appeared to suggest it may be overstretched in some areas, with his speech urging supporters from across the world to travel to its territories in the Middle East.

In September last year, the Home Secretary, Theresa May, warned that the militant group could become the world's first "truly terrorist state".