Islamic State: The Economy-Based Terrorist Funding

ReutersJean-Charles Brisard and Damien Martinez Thomson

The Islamic State (IS) has taken control of a territory equal in size to the United Kingdom with a population of over ten million.

The profile and the power of this group are a first in the history of contemporary terrorism. It has acquired majority control over the Syrian governorates of Aleppo, Raqqah and Deir es-Zor and the Iraqi provinces of Salahuddin, Al-Anbar, Nineveh, and Diyala. The IS exerts authority over a range of industrial and commercial activities, natural resources and commodities, from oil to agricultural products and minerals. Based on conservative estimates, the IS currently control assets in excess of US$2 trillion, with a current annual income amounting to US$2.9 billion.

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