Forbes Israel has released a list of the world's wealthiest
terror networks and placed the Iraqi Sunni insurgent group Islamic State (Isis)
on top.
According to the report, the extremist organisations use
money-making methods ranging from drug trafficking to robberies and extortion
to donations via NGOs in order to finance their resources.
A notable amount of money has been transferred to terror
groups by NGOs, charities, financial institutions and even government
organisations, said the financial group.
The IS, which is currently terrorising Iraq and Syria
seizing key oil fields and refineries to boost their capabilities, has an
estimated net worth of $2 billion.
According to the US Treasury's recent estimates, the Iraqi
group manages to earn about $1 million a day by selling crude oil but according
to Forbes, it is making nearly three times the figure.
The recently-formed Iraqi group is followed by the
Palestine-based Hamas, which has an approximate annual turnover of about
$1billion.
Hamas was able to enter the "big league" due to
its takeover of Gaza in 2007 which allowed the group to tax businesses and
civilians alike in the region.
The al-Qaeda Islamist organisation along with all its global
affiliates stands at sixth place just behind the Revolutionary Armed Forces of
Colombia, the Lebanon-based Hezbollah and the Taliban.
See the full list below
Via.ibtimes
Nigeria Boko Haram is tenth on the list
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