Eight of the ‘Top Ten’ terror groups in terms of income are Muslim, with Hezbollah and Hamas ranked #1 and #3 respectively.
We can thank “contributor” Barack Obama for releasing over $100 billion into the coffers of Iran — funders of Hizballah and Hamas — in the aftermath of the Iranian deal.
Another sobering fact are the unindicted co-conspirators who were found to be part of the Hamas support network in the largest terrorism funding trial in US history — the Holy Land Foundation trial. Yet still, Western authorities continue to appease and collaborate with these organizations (such as CAIR and its affiliates) as the anti-American, anti-democracy, anti-human rights establishment expands.
For starters, it is high time that CAIR and other Muslim Brotherhood organizations be declared terror organizations, or outlawed outright, in the West.
“Hezbollah and Hamas rank at top of Forbes’ ‘Richest Terror Groups’ list”, by Batya Jerenberg, World Israel News, December 30, 2017:
One of the more far-reaching consequences of former President Barack Obama’s nuclear deal with Iran is on display in Forbes Israel’s latest ranking of the richest terrorist groups in the world, as in 2017 Iran-backed Hezbollah leaped to the top of list with a whopping $1.1 billion in revenue.
That is not to say that all their income stems from Iran. Terrorist organizations in general also fund their purchase of arms, training and salary payments to their members from such criminal activities as drug smuggling, money laundering, kickbacks, kidnappings, ‘protection’, etc., just as organized crime does.
But the nuclear deal, it should be recalled, allowed for the release of billions of dollars into Iran’s state coffers from the lifting of internationally imposed sanctions, and the unfreezing of its assets abroad. This, in turn, allowed the world’s largest sponsor of terrorism to open the spigots to its proxies, and the results can clearly be seen by comparing this year’s “Top Ten” list with the previous one, made in 2014. Lebanese group Hezbollah, which has been fighting in Syria for years for Iranian ally Bashar al-Assad, was then ranked fourth, with $500 million – only half of what it has today.
Hamas has $700 million
The Gaza Strip’s Hamas, meanwhile, is now in third place, having actually dropped a rung from 2014. (The Taliban now occupy second place, with a revenue of $800 million). Forbes lists them as currently receiving about $700 million a year, vs. a billion dollars three years ago. They have two well-known state sponsors, Qatar and, again, Iran. But in the decade since it took over Gaza, Hamas also became expert in extracting money from its own citizens.
According to Forbes’ 2014 report, Hamas makes most of its money from a sophisticated tax system aimed at, among other things, pocketing large portions of the international aid that flows into Gaza. It also runs hundreds of businesses, controls several banks, and has levies on all consumer goods entering the Gaza Strip. All in all, the report says, about 15% of Gaza’s economy ends up in this organization’s pocket.
ISIS drops to 5th place
There is a steep drop-off from the top three richest terror organizations to the bottom seven. Al-Qaeda and its affiliates are listed next with only $300 million. The Islamic State used to be the richest terror organization the world has ever known, with an annual turnover of around $2 billion in 2014, but its defeat in Iraq and subsequent relinquishment of territory have dropped it to fifth place with a drastic reduction to $200 million…..