The OP's coin is clearly Ottoman-inspired, but equally clearly not intended to be examined up close by anyone that could actually read Arabic. So as for what it is, I have two suggestions.
First, is the stock-standard answer whenever we encounter a crude replica of an Ottoman-era coin: a costume-jewellery piece, also known as a "belly dancer token". The fact that this piece is not pierced for wearing on a costume implies this may not be true here.
Second option, is a "magician's advertisement coin". 19th and early 20th century travelling magicians would advertise their shows by giving away weird, esoteric-looking tokens. Some of these tokens have designs deriving from genuine Asian or middle eastern coins.
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