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ISIS money man describes 6-figure cash smuggling
Abu Hajjar, a high-ranking leader of the Islamic State of Iraq and Syria (ISIS), has explains how he distributed hundreds of thousands of dollars to ISIS fighters in a recent interview with BBC Two....
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30 sugar smugglers ID’d as al-Shabaab financiers
Money Jihad readers may recall that Kenya recently sanctioned 86 people and 13 money transfer companies for their financial ties to the Somali terrorist group al-Shabaab. It has since been revealed...
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ISIS makes as much from taxes as oil
The Financial Times has conducted an investigation of the finances of the Islamic State of Iraq and Syria (ISIS). They concluded that ISIS makes “at least as much” money from taxation and extortion as...
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ISIS fish farms supplement income
That and poultry, which in Iraq means chicken and pigeons. The Islamic State of Iraq and Syria (ISIS) is charging a 10 percent, or ushr, customs duty on imports. The New York Times ran this story...
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Arabs realize khums funds terror
The Koran 8:42 says that “when ye have taken any booty, a fifth part belongeth to God and to the Apostle…” This one-fifth tax, or khums, on booty or the spoils of war has been a common revenue-raising...
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