News & Analysis

Terrorist group ISIS has quite the lucrative business model

- September 23, 2014 2 MIN READ

The Washington Institute for Near East Policy recently published the following infographic that explains exactly how the IS funds its criminal activities. As an organisation, IS is estimated to be worth over $2 billion after acquiring (/robbing) the central bank of Mosul in Iraq and is estimated to generate $2 million a day selling crude oil on the black market.