Is ISIS A Criminal Enterprise?

A member loyal to the Islamic State in Iraq and the Levant waves an ISIS flag. Reuters

Declaring An Islamic State, Running A Criminal Enterprise -- The Hill

When the Islamic State of Iraq and al-Sham (ISIS) stormed into Iraq and captured Mosul, the largest city in northern Iraq, the group not only walked away with a tremendous amount of abandoned military hardware, but also raided the city's central bank and took off with some $425 million. Perhaps even more amazing is that the group was already one of the best-funded terrorist groups in the world.

SIS, which has renamed itself the Islamic State and unilaterally declared the reestablishment of an Islamic caliphate, has been financially self-sufficient for at least eight years, according to U.S. government estimates. Remember that before it renamed itself the Islamic State, the group was known as ISIS, as the Islamic State of Iraq, as al Qaeda in Iraq (AQI), as Majlis Shura al-Mujahidin and as Jamaat al-Tawhid wa-l-Jihad. And unlike other groups, which are reliant on state sponsors, major donors or abuse of charity, the group now calling itself the Islamic State has been financially independent by virtue of engaging in tremendously successful criminal activity enterprises.

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My Comment: ISIS is a radical militant group and their motivation is primarily Suuni Islam .... but it is also true that the leader of this Islamic State does like to show off the bling.