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ISIS annual income nears 3 billion: estimate

December 19, 2014

Shattering previous estimates, Thomson Reuters Accelus says that ISIS’s annual income is $2.9 billion annually with total assets surpassing $2 trillion.

Most of the income comes from the energy sector, with 55 percent income coming from oil and natural gas. The remainder comes from extortion/Islamic taxation (12 percent); control of the Iraqi agricultural sector (primarily wheat and barley at 7 percent), the cement industry (10 percent), and phosphate mining (10 percent); kidnap-for-ransom schemes (4 percent); and donations (2 percent).

Hat tip to Gisele for sending in an infographic from their findings, which include the income breakdown:

Where Islamic State gets its money

10 comments

  1. Reblogged this on Dak's Bays.


  2. Reblogged this on Oyia Brown.


  3. […] Islamic State of Iraq and Syria rebounded from a weaker financial position to amass $3 billion in annual income after taking over Fallujah in January and Mosul in June. Its […]


  4. […] Islamic State of Iraq and Syria rebounded from a weaker financial position to amass $3 billion in annual income after taking over Fallujah in January and Mosul in June. Its […]


  5. […] the group raises $2.9 billion a year, 55 per cent of which comes from oil and natural gas sales. The remainder is a combination of extortion, agriculture, cement and mining revenue; kidnap schemes net only four […]


  6. […] as described in the Koran, Sura 8, “The Spoils of War.” It has been estimated earlier that 12 percent of ISIS’s revenues come from concepts of taxation such as jizya and khums that are permitted by […]


  7. […] as described in the Koran, Sura 8, “The Spoils of War.” It has been estimated earlier that 12 percent of ISIS’s revenues come from concepts of taxation such as jizya and khums that are permitted by […]


  8. […] does the Islamic State of Iraq and Syria spend its millions (or billions)? The Congressional Research Service offers this summary of ISIS expenditures (h/t El […]


  9. […] State: the Economy-Based Terrorist Funding, Thomson Reuters Accelus, Oct 2014 via Money Jihad). If recent estimates by the Russian Federal Drug Control Service (FSKN) are to be followed, then […]



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