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How is Islamic State funded? Interactive video | How is Islamic State funded? Interactive video |
(5 months later) | |
Islamic State is "probably the best-funded terrorist organisation" the US has ever confronted, according to officials in Washington. | Islamic State is "probably the best-funded terrorist organisation" the US has ever confronted, according to officials in Washington. |
How does the group make its money? Watch this interactive video to find out. We recommend you watch in full-screen mode. | How does the group make its money? Watch this interactive video to find out. We recommend you watch in full-screen mode. |
Have your say | Have your say |
Islamic State initially relied on wealthy private donors in the Middle East keen to oust Syria's President Bashar al-Assad. | Islamic State initially relied on wealthy private donors in the Middle East keen to oust Syria's President Bashar al-Assad. |
It now makes between $846,000 (£540,000) and $1.645m (£1.05m) a day selling oil from fields in Syria and Iraq. | It now makes between $846,000 (£540,000) and $1.645m (£1.05m) a day selling oil from fields in Syria and Iraq. |
Middlemen smuggle crude oil and refined products to Turkey and Iran, or sell them to the Syrian government. | Middlemen smuggle crude oil and refined products to Turkey and Iran, or sell them to the Syrian government. |
Kidnapping has also generated at least $20m (£12.7m) in ransom payments in 2014, according to the US Treasury. | Kidnapping has also generated at least $20m (£12.7m) in ransom payments in 2014, according to the US Treasury. |
Islamic State raises several million dollars per month through extorting the eight million people under its full or partial control. | Islamic State raises several million dollars per month through extorting the eight million people under its full or partial control. |
Payments are extracted from those who pass through, conduct business in, or simply live in IS territory. | Payments are extracted from those who pass through, conduct business in, or simply live in IS territory. |
Religious minorities have been forced to pay a special tax, convert to Islam or leave. | Religious minorities have been forced to pay a special tax, convert to Islam or leave. |
Islamic State also profits from robbing banks, looting and selling antiquities, and stealing or controlling the sale of livestock and crops. | Islamic State also profits from robbing banks, looting and selling antiquities, and stealing or controlling the sale of livestock and crops. |
Abducted girls and women have allegedly been sold as sex slaves. | Abducted girls and women have allegedly been sold as sex slaves. |
Some funding is still derived from wealthy donors and Islamic charities in the Middle East and Europe. | Some funding is still derived from wealthy donors and Islamic charities in the Middle East and Europe. |
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