UDC 327.39::28
Biblid: 0543-3657, 67 (2016)
Vol. 67, No 1161, pp. 18-31
DOI:

Original scientific paper
Received: 03 Nov 2015
Accepted: 03 Dec 2015

ISLAMIC STATE – THE ORIGIN AND THE METHOD OF FINANCING

Konstandinović Boško (Boško Konstandinović, Ministarstvo unutrašnjih poslova Republike Srbije, Beograd), boskokonstandinovic@gmail.com

ISIS (Islamic State of Iraq and Syria) or the Islamic State of Iraq and Levanta is a terroristic organization which under its control, at the moment, holds parts of the territory of the States of Iraq and Syria that are about the size of the Great Britain. Besides the great territory that it holds, ISIS possesses such an organizational structure that has all characteristics of the organization of any state. The territory that is controlled by them, which has authority over a few million inhabitants of the occupied areas, as well as organizational structure, show that ISIS is not just an ordinary terroristic organization, but it acquires all forms of a state. Financial means are the main source of power of the Islamic State. Oil control and power sources taken from the occupied territories give them the greatest source of financial income. Besides the control of the oil sources, ISIS also obtains its financial income from different ways of taxing the local residents. Kidnappings and hijacking for the account of ransom money, as well as donations from residents, also represent important forms of their source of financing. The Islamic State of Iraq and Syria has been declared on the 29th of June 2014 for a Caliphate, while Abu Bakr al-Baghdadi has been announced to be a Caliph. With its force ISIS presents a great threat to the Middle East Region, as well as to the global safety.

Keywords: Islamic State of Iraq and Syria, salafism, origin roots, financing, terrorism