A procurement network operated by the Islamic State used a number of front companies to procure the drones and other material. At one point, the Islamic State was spending ‘thousands of dollars a month’ on drone equipment. Around 50 commercial entities from 20 countries were involved in the supply chain of components used to construct improvised explosive […]

An Irish man has been jailed for terrorist financing offences. In January, he admitted to providing €400 to an individual in Bosnia-Herzegovina ultimately intended for the Islamic State. The funds were sent using a Western Union money transfer. Analysis: While sending funds to a financial facilitator in Bosnia-Herzegovina may seem circuitous in terms of getting money to the […]

Belgian authorities have discovered than around €200,000 was transferred to Belgians fighting with the Islamic State in Iraq and Syria. No timeframe for the transfers was given, but the money is reported to have come primarily from friends and family of the foreign fighters. Funds were transferred  through money services businesses (Western Union was specifically named). […]

The Islamic State in West Africa launched a goodwill campaign aimed at winning over the local population in its territory. The group, which split from Boko Haram in 2016, has been digging wells, giving out seeds and fertilizer, and providing safe pasture for herders. The campaign has created an economy for the group to tax, […]