Παρασκευή, 27 Νοεμβρίου 2015

ISIS lucrative economy and its donators

“ISIS is a huge financial package to support more 8 million people—which is now the size of the population living in territories under ISIS control... it is also supporting tens of thousands of militants who have been at war for months, with new recruits coming in every day. Yet it keeps all these people answerable to them, seems to have incredible cross-border mobility and shows no signs right now of running out of money or fuel.” says Luay al-Khatteeb, visiting fellow of the Doha Brookings Center and director of the Iraq Energy Institute in Baghdad[1].



Today ISIS controls an area almost as big as then United Kingdom. Having amassed more than two billion dollars[2] since its appearance in 2003[3] it is now the wealthiest terrorist organization. Although, lucrative donations and private contributions started up ISIS, the group has managed to become self funded within a couple of years. It has even put in place the beginnings of quasi-state structures - ministries and law courts. This unpresented pace of income compilation  is based on the following sources of income[4]: