ISIS Terrorist Group Income Tops 80 Million Dollars a Month: Report

Alwaght | News & Analysis Website

Alwaght- The ISIS terrorist group earns 80 Million Dollars a month with over half of the revenue reportedly coming from 'taxes' extracted from the population in areas it controls and over 43 percent from illegal oil trade.
The analysis conducted by IHS Conflict Monitor - a monthly survey of IHS Aerospace, Defense and Security on Iraq and Syria –maintains that the ISIS terrorist group has established an economic model that enables the Takfiri group to fund its activities using the “inner” resources of the territories under its control.
Perhaps unexpectedly, the illegal oil trade is not the number one income industry for the terrorists. While oil contributes about 43 percent of revenues, taxation brings in as much as 50 percent of all income. A huge amount of the money comes from the 8 million civilians who live and work in territory occupied by ISIS terrorists. Everything in ISIS occupied regions is taxed.
The Geneva Center for Security Policy gives a break down of ISIS terrorist's taxation income as follows, income tax 10%, business tax 10%-15%, sales tax 2%, all bank cash withdrawals 5% and pharmaceutical drugs 10%-35%.
The IHS Conflict Monitor team has established that ISIS’s $80 million revenues come from at least six basic sources: taxation of all business activities on the territories under their control; extraction and trafficking of oil (and gas); land expropriation and confiscation of properties; trafficking of antiques and drugs; criminal activities (kidnapping and bank robbery); running their own businesses (transport companies, real estate agencies etc.).
According to Ludovico Carlino, senior analyst at IHS and also on the IHS Conflict Monitor team, Islamic State “charge a 20 percent tax on all services,” be it retail, agriculture, internet access and mobile phone networks, electric power bills or other industries.
"ISIS's most valuable asset and center of gravity is the terrain it holds in Iraq and Syria. Taking that territory away... is the most vital thing we can do," said Harleen Gambhir, a military scholar at the Institute for the Study of War.
In the meantime, the Russian Air Force in Syria has conducted thousands of airstrikes on ISIS terrorist group installations, eliminating, among thousands of other targets, refineries and oil depots run by terrorists, along with well over 1,000 delivery trucks transporting stolen oil to Turkey.
The notorious Takfiri terror group, which currently controls parts of Syria, Iraq and now Libya has carried out atrocities such as public decapitations and crucifixions against all ethnic and religious groups, including Shias, Sunnis, Kurds, Christians, Izadi Kurds, and others.
More than 220,000 people have died in Syria since the foreign-sponsored plot to topple the Damascus government began in 2011.

Alwaght | News & Analysis Website

Turkic World Project Falling, Dealing Blow to Erdogan’s Neo-Ottomanism Erdogan may need to review his thoughts about Turkic World as Turkic Central Asian republics choose Europe over Ankara.

What’s behind Netanyahu’s Diplomatic Failure in the US Trump this time appears to have understood that further alignment with Netanyahu will cost the US dearly.

Aspects of Tajikistan-Kyrgyzstan-Turkmenistan Agreement The trilateral agreement is meant to eliminate disputes and pave the way for regional economic prosperity.

Signs of Failure of Newest US Aggression on Yemen Americans have vowed to secure Israeli navigation in the Red Sea, but they are far from this aim despite major air campaign against Yemen.

Iraq’s PMF in Trump’s Game with Iran Trump set dissolution of Iraq’s PMF as a precondition for talks with Iran, but the fact is that this voluntary force is deep-rooted in Iraq.

US Could Finalize Mineral Agreement with Ukraine This Week US Treasury Secretary Scott Bessent stated that the mineral deal between the US and Ukraine could be signed this week

Iran Summons Argentina’s Chargé d’affaires In Protest of Alleged False Accusations Iran’s Foreign Ministry summoned Argentina’s chargé d’affaires in Tehran to lodge a formal protest over recent accusations

US Set to Supply Israel with Thousands More Bombs Amid Planned Gaza War Escalation The United States has reportedly authorized a new delivery of thousands of heavy munitions to Israel

Maldives Prohibits Israeli Nationals from Entering in Firm Support of Palestinians the Maldives Parliament has passed legislation—ratified by President Mohamed Muizzu—banning Israeli citizens from entering the country

Leader: Indirect Oman Talks ‘Positive’ So Far, But Trust in The Other Side ‘Remains’ A Concern Ayatollah Khamenei stated that the indirect talks between Iran and the United States in Muscat have been well executed in their early stages

IRGC: Iran’s Military, Security Are Non-negotiable Red Lines A spokesman for the Islamic Revolution Guards Corps (IRGC) stressed that Iran’s national security and defense capabilities are non-negotiable

Iraq Praises Iran’s Diplomatic Efforts Iraq’s foreign minister commended Iran for choosing dialogue and diplomacy to resolve issues related to its nuclear program

Iran Updates Saudi Arabia on US Negotiations The Iranian foreign minister informed his Saudi counterpart about the recent indirect talks between Iran and the US

Hamas Urges Action to End Israeli Gaza Blockade Hamas has sharply criticized Israel’s continued blockade of humanitarian aid into the Gaza Strip

Gaza Health Ministry Reports 39 Killed, 118 Injured in Past 24 Hours Over the past 24 hours, 39 Palestinians have been killed and 118 wounded in Gaza, bringing the death toll since October 2023 to 50,983

Iran Shares Details on Upcoming Round of Talks with the US Iran’s Foreign Ministry Spokesman, Esmaeil Baghaei, provided details about the upcoming round of talks between Tehran and Washington

IAEA Chief Set to Travel to Iran on April 16 An Iranian diplomat has announced that Rafael Grossi, Director General of the IAEA, is scheduled to visit Iran on Wednesday, April 16

Iraq Raises Alarm Over Renewed ISIS Threat in Syria Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein has sounded the alarm over the growing activities of the ISIS Takfiri terrorist group

Iran Petroleum Minister Visits Iraq to Boost Energy Ties Iran’s Petroleum Minister, Mohsen Paknejad, has arrived in Baghdad to explore opportunities for enhancing energy cooperation

Supreme Leader Encourages Iran’s Military to Enhance Its Power Ayatollah Seyyed Ali Khamenei, Leader of the Islamic Revolution, urged the Iranian Armed Forces to enhance their capabilities

US Airstrikes Hit Major Educational and Training Facility in Yemen The United States has launched a fresh series of airstrikes on Yemen’s al-Bayda province, along with Sa’ada and Hudaydah

Al-Ahli Blast: Final North Gaza Hospital Hit In a major assault, Israeli forces targeted al-Ahli Hospital in Gaza City

Iran-US Dialogue: Next Meeting’s Location Yet to Be Finalized, Spokesman Says Consultations are underway to determine the venue for the next round of talks between Iran and the United States

Iran’s Foreign Ministry Discloses Further Information on US Negotiations The Iranian Foreign Ministry has disclosed additional information regarding the indirect negotiations between Tehran and Washington held in Oman

Tags :

Name :

Email :

* Text :

Gallery