h1

Canada warns of crowdfunded terrorism

January 4, 2015

As Money Jihad noted in 2014, Islamists generally view crowdfunding as a sharia-compliant form of project financing. Inadequate terms of service and controls by online crowdsourcing sites are allowing the websites to be exploited by Muslim men living in the West who want to fund their travel to join the fight in Syria. Recent comments by a Canadian intelligence deputy director confirm this growing and disturbing trend. From Québecor Media Inc newswire (h/t El Grillo):

Terrorists turn to web to fund travel

By Andrew McIntosh,QMI Agency

MONTREAL – Some Canadians, intent on joining jihadi fighters in Iraq and Syria but low on funds, have taken to the web to raise cash.

The turn to crowdsourcing online has netted potential terrorists as much as $10,000 each. It’s a worrying trend, according to Michael Peirce, a deputy director at the Canadian Security Intelligence Service (CSIS).

Peirce recently raised the issue while testifying before the Senate’s standing committee on national security and defence.

“When we’re talking about individuals, for instance, individuals who are raising money for terrorist purposes within Canada, they can be relatively moderate sums, up to $10,000,” he told the committee.

While that figure is what can be expected for an individual, the amount that an organization can raise can reach six figures.

The groups and individuals are able to raise such large amounts by obscuring where the money will actually be going, Peirce explained, which also makes it difficult to prove wrongdoing.

“They won’t necessarily direct the full purpose of raising funds,” he said. “Again, they might do it under the cover of humanitarian aid”…

4 comments

  1. You must give these nut job terrorist some credit. The west has yet to figure out muslim banking, at least I have seen nothing out there. Their use of the hawaladar is just cunning. No paper trail and the money just shows up. I just wish I understood this better. It may be understood by security experts but they are not going to explain what it is for its better to have the enemy always guessing what we know or what they think we know. I know we will prevail.
    Have a good nite


  2. […] Where do Islamic terror groups get their money? Some, like al Qaida, foot the bills with ransom payments, raking in a reported $125 million from assorted kidnapping ventures since 2008. Other organizations and individuals depend on donations, funneled through charities and online crowdfunding. […]


  3. […] groups have been crowdfunding for years, and would-be ISIS recruits are regularly using crowdfunding to pay for their trips to Syria to join them. It’s not even just the one […]


  4. […] groups have been crowdfunding for years, and would-be ISIS recruits are regularly using crowdfunding to pay for their trips to Syria to join them. It’s not even just the one side […]



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: