ISIS is relying too much on its oil exports and it needs to gain more territories if it wants to keep its reign of terror going, says a new report.
The group, known as the Islamic State in Iraq and Syria, has funded its operations by seizing oil fields, theft, kidnappings, extortion, and may even be dabbling in organ harvesting. The group also exploits NGOs and charities in the region.
According to the Financial Action Task Force (FATF), ISIS has to expand “in order to maintain its financial management and expenditures in areas where it operates” in attempting to explain the group’s projected strategy. The Financial Action Task Force is comprised of government officials around the world and is based in France.
