Why does the Islamic State have so much money? That is the question that few wish to face, and the reason why is clear from the answer: the Islamic State is flush with cash because there are some wealthy Muslims who believe in it. They consider it to be an authentic embodiment of Islamic doctrine and law, and so they finance it. But since the mainstream narrative is that the Islamic State twists and hijacks Islam, that fact is largely ignored.
“Islamic State, Defeated U.S. Foe, Still Brims With Cash, Ambition,” by Ian Talley and Benoit Faucon, Wall Street Journal, September 18, 2020 (thanks to Henry):
Islamic State remains flush with cash despite setbacks in the past year, holding financial reserves and a range of revenue streams that U.S. and Western security officials warn could pay for a dangerous resurgence.
The extremist organization and its affiliates have assets ranging into the hundreds of millions of dollars across the Middle East and Central Asia, according to the officials and government records reviewed by The Wall Street Journal….Islamic State remains flush with cash despite setbacks in the past year, holding financial reserves and a range of revenue streams that U.S. and Western security officials warn could pay for a dangerous resurgence.
The extremist organization and its affiliates have assets ranging into the hundreds of millions of dollars across the Middle East and Central Asia, according to the officials and government records reviewed by The Wall Street Journal….
“Islamic State, Defeated U.S. Foe, Still Brims With Cash, Ambition,” by Ian Talley and Benoit Faucon, Wall Street Journal, September 18, 2020 (thanks to Henry):
Islamic State remains flush with cash despite setbacks in the past year, holding financial reserves and a range of revenue streams that U.S. and Western security officials warn could pay for a dangerous resurgence.
The extremist organization and its affiliates have assets ranging into the hundreds of millions of dollars across the Middle East and Central Asia, according to the officials and government records reviewed by The Wall Street Journal….Islamic State remains flush with cash despite setbacks in the past year, holding financial reserves and a range of revenue streams that U.S. and Western security officials warn could pay for a dangerous resurgence.
The extremist organization and its affiliates have assets ranging into the hundreds of millions of dollars across the Middle East and Central Asia, according to the officials and government records reviewed by The Wall Street Journal….