Iraq/Syria/Islamic State: Islamic State’s Moneymaking Streams Take a Hit as It Loses Territory

Dec 4, 2015 | Hugh Naylor, Washington Post
View Original

By most estimates, the Islamic State is the world’s richest terrorist organization. But it appears to be wrestling with money problems that could affect its ability to wage war while trying to govern millions of people in its self-declared caliphate. U.S.-backed forces in Iraq and Syria have retaken significant amounts of territory from the group, depriving it of traditional sources of income, analysts say.