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The Islamic State Of Iraq And Syria

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The Islamic State of Iraq and Syria also known as ISIS, was formed in April 2013 out of al-Qaeda. ISIS is being lead by Abu Bakr al-Baghdadi, born in Samarra, north of Baghdad. In 2010 Abu became the leader of al-Qaeda in Iraq which later became ISIS . ISIS have become one of the most advanced terrorist groups known. Having multiple sources of income for money and weapons, have made it hard for countries like the United States to put a stop to this organization. Matthew Levitt, director of the Stein Program on Counterterrorism and Intelligence at the Washington Institute called Isis "the best-financed group we 've ever seen." (Bronstein). ISIS is now known as the most financed terrorist group because of its massive amounts of money generated daily. ISIS have been funding its organization in multiple ways. By selling stolen oil, taxing goods sold, extorting citizens, kidnapping for ransom, wealthy donors, sales of antiquates, Iraqi banks, sales of other looted property, real estate, foreign fighters, agriculture, phosphate, cement, sulfur and human trafficking. ISIS make about $986,000 a day by taxing citizens for all goods and services sold such as water and electricity services, also by extortions such as charging at check points in the roads, forcing citizens to make a "donation" to ISIS for every withdrawal made. Kidnapping for ransom generates ISIS about $123,000 a day. Wealthy donors such as businessmen, wealthy families and other donors from Saudi Arabia,

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