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  • Author: Ellie Maruyama, Kelsey Hallahan
  • Publication Date: 06-2017
  • Content Type: Special Report
  • Institution: Center for a New American Security
  • Abstract: Terrorist financing entails the raising and moving of funds intended for terrorist causes.1 The number and type of terrorist groups and the threats associated with them have changed over time, but the fundamental need for terrorists to raise, move, and use funds has remained constant.2 Terrorists have displayed adaptability and opportunism in meeting their financing needs, which vary but can be substantial.3 For example, al Qaeda relied on many sources of funding and its pre-9/11 annual budget was an estimated $30 million.4 The Islamic State of Iraq and Syria (ISIS), one of the best-funded terrorist organizations in modern history, approved a $2 billion budget for 2015
  • Topic: Terrorism, International Security
  • Political Geography: Global Focus