The money from the Islamic State

Posted on September 19, 2014



The Islamic State (EI), which chasing the Free Syrian Army (FSA) has got hold of a vast oil field from their stronghold of Al-Raqqa Bukamal, happen to produce some 30,000 barrels per day, making of oil as its main revenue flag.

. Jihadists also rely on the taxes they levy on the goods to the people living on the lands of the “Caliphate”, their second largest source of income. Donations rich ‘patrons’ of the Gulf and the spoils of war – banks of Mosul in the front row – also line the coffers of IE, which is according to Samir Seifan, a Syrian economist who compiled these figures, the richest organization terrorist today.

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