Here's how ISIS makes — and spends — its money

December 8, 2015 5:07 PM

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Here's how ISIS makes — and spends — its money

Those are many of the ways that ISIS is making and then spending cash, as it wages a war while trying to establish a working government within the areas of Iraq and Syria that it controls.

The Islamic State now operates a basic economy within those areas that includes the sale of the Middle East's greatest natural resource along with a variety of illicit businesses. This provides much-needed cash for its war effort but is also a step toward the group's stated effort of restoring a new...

Also read: Libyan forces take control of Islamic State holdouts in Sirte: spokesman

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