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ISIS, or the Islamic State of Iraq and Syria, is the world's wealthiest militant group. The 2016 Global Terrorism Index annual report notes that ISIS's income, reaching US$2 billion in 2015, was half derived from oil smuggling. The United States Department of Treasury, cited in this report, states that ISIS's profits from this business reached US$1.3 million per day.
The second largest source of income, accounting for 30 percent, came from taxes and zakat in areas under their control. Another significant source was the sale of archaeological artifacts on the black market, amounting to 10 percent of total revenue. ISIS also received money from ransoms and the sale of illicit drugs.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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