I’m sure they’ve got some fatwa somewhere to cover it all.
Are ISIS earning MORE than $2billion a year? New study of terror group’s income suggests previous estimates are far too low
Criminal: Despite ISIS’ claims to be a devout religious organisation, the majority of their income is believed to come from illegal means – such as mafia-style extortion threats – and even drug and people smuggling
- ISIS believed to make $250 million more each year than previously thought
- Income generated from oil sales, organ harvesting, extortion and ransoms
- Militants also believed to make $1billion a year from drug sales – with half the heroin in Europe now thought to have come via ISIS
- Revised income means ISIS is now the wealthiest jihadi group in history
A new study of the Islamic State’s finances has revealed previous that estimates suggesting the terror group earns $2billion every year could be far too low.
ISIS’ finance chief Sheikh Abu Saad al-Ansari – who operates from ISIS’ Iraqi stronghold Mosul – is understood to have recently approved the terror group’s first annual budget – revealing and estimated spend of $2 billion this year, plus a expected surplus of $250 million.
The budget suggests ISIS’ annual income could be as much a quarter of a billion dollars more than experts previously suggested – with the bulk of the terror group’s revenue coming from oil sales, organ harvesting, ransom and extortion payments, and the looting and sale of ancient antiquities.
If the revised figure is accurate, it means ISIS’ annual income now exceeds that of Al Qaeda – making the terror group lead by Abu Bakr al-Baghdadi the wealthiest jihadi organisation in history.
The United States Treasury’s Under Secretary for Terrorism and Financial Intelligence, David S Cohen, appeared to confirm that ISIS earns far more than previously estimated, according to Middle East Eye, by confirming that the terror group’s budget was more than $2 billion.
Despite ISIS’ claims to be a devout religious organisation, the majority of their income is believed to come from illegal means – such as the black-market sale of oil, mafia-style extortion threats – and even drug and people smuggling.
The question should read “are isis STEALING 2billion a year” and we all know the answer. <:o)