How ISIS makes its blood money

December 16, 2015 14:02

The Islamic State has proved resilient, developing a diversified economy to bankroll the costs of its burgeoning caliphate.

According to a 2014 Thomson Reuters study, the terrorist group has more than $2 trillion in assets under its control, with an annual income of $2.9 billion.

Much of this money is raised through the taxes the group imposes on those who live within its territory.

This includes an $800-per-truck levy on vehicles entering Iraq from Jordan and Syria, a 5 percent tax collected for social welfare and salaries, a $200 road tax on drivers in northern Iraq, a 50 percent tax for the ability to loot Raqqas archaeological sites, and a 20 percent tax at similar sites in Aleppo, according to the Thomson Reuters study.

Additionally, non-Muslims must pay a religious protection fee known as jizya.

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