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The ISIS Source of Finance Essay

Nowadays, the world has to overcome many challenge, including ISIS attacks and threats. It’s a serious national threat identified by the US government, and a battle against it will continue because its countless victims are not only soldiers, but also many civilians. It’s necessary to assess the finances of this terroristic organization and its ultimate goals, such as building an Islamic state. There are many negative consequences that the world will have to face if it won’t be stopped.

As many people know, the main goal of ISIS is building an Islamic state, and it wants to achieve this target by invading all surrounding countries. This organization must have strong financial sources to be able to succeed too. There are some major contributors to its financial support, including oil, extortion, and illicit lootings. When it comes to extortion, it plays an important role in the financial cash flows of ISIS these days. Its basic way of extortion is raising taxes and punishing civilians physically when they refuse to cooperate with ISIS. This policy is proven to be very effective in any country.

Before this terroristic organization captured Mosul, it earned a lot of money, and after capturing it, this group increased its regular earnings. This means that its financial power and war effort are improved. The fact that it captured one of the most important cities in Iraq angered different sides, thus resulting in retaliation from existing anti-ISIS forces. That’s why many anti-ISIS fighters were dispatched to start a big-scaler offensive action to recapture many invaded cities. This kind of assault was backed up by the US, and it resulted in the successful recapturing of some surrounding cities. They will be used as effective military outposts to start another offensive military action in the near future.

Besides, oil plays an important role in funding ISIS for its illegal war efforts. This terrorist group gets a lot of money from these oil donors, and this is what enables it to buy countless weapons and hire soldiers. For example, ISIS earns a lot of money in its oil sales in the black market, and it also controls a huge sum in cash from the banks robbed during its initial march across such countries as Iraq and Syria. These financial sources must be destroyed to make it impossible for ISIS to buy new weapons and keep killing civilians.

Nowadays, the world has to overcome many challenge, including ISIS attacks and threats. It’s a serious national threat identified by the US government, and a battle against it will continue because its countless victims are not only soldiers, but also many civilians.

Assignment ID
100002744
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CREATED ON
15 November 2016
COMPLETED ON
17 November 2016
Price
$23
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