Hamas World’s 2nd Richest Terror Group


Israeli media is reported last month that Hamas is one of the two richest terrorist organizations in the world, second only to the Islamic State. According to a Haaretz report:


Hamas is one of the two richest terrorist organizations in the world, second only to the Islamic State group, according to Forbes Israel.

To finance their operations, terrorist groups sometime use methods similar to those used by criminal organizations, such as drug trafficking, robberies and extortion, but also raise money through charities, donations and, in some cases, government agencies, according to the report. A terrorist organization, like any other large organization, has a business model to finance its activities: from maintenance, salaries and trainings, to acquiring of weapons and vehicles.

The richest terrorist organization today – and in history – is the Islamic State. According to Forbes, the Islamist group, also known by the acronyms ISIS or ISIL, has an annual turnover of $2 billion. Hamas comes in second, with a yearly revenue of $1 billion.

As for the rest of the list: Colombia’s FARC is ranked third with $600 million; Hezbollah is fourth with $500 million; fifth is the Taliban with $400 million; Al-Qaida and its affiliates with $150 million; Pakistani-based Lashkar e-Taiba with $100 million; Somalia’s Al-Shabaab with $100 million; Real IRA with $50 million; and, closing the top-ten list is Boko Haram, with $25 million annual revenue.

Read the rest here.

In July, the GMBDW reported on an article titled  “Hamas Officials Get Rich in Gaza” which looked the wealth accumulated by Hamas leaders in Gaza.

The Hamas charter says that it is “one of the wings of the Muslim Brothers in Palestine” and soon after Hamas took over the Gaza strip, Muslim Brotherhood representatives traveled to Gaza from Egypt through the newly-opened border to review Hamas military formations.  A Hamas journalist has acknowledged the role that the “international Muslim Brotherhood” has played in providing funds for the purchase of weapons and Hamas is known to be supported financially and politically by the global Muslim Brotherhood. A Muslim Brotherhood spokesman revealed that a coalition of London-based Muslim groups, including the Muslim Brotherhood, were behind the mass demonstrations staged to protest Israeli actions in the 2008 Gaza war and the Global Muslim Brotherhood and its Turkish affiliates were also intimately involved, along with the Turkish government, in the June 2010 Gaza flotilla that was involved in a violent altercation with Israeli naval forces. Following a period of seeming ascension related to the period of Egyptian rule by the Muslim Brotherhood, the organization was forced to scramble to try and find other state sponsors after Mohamed Morsi was deposed as President. In September 2013, it appeared that Hamas had succeeded in re-establishing close ties with Iran. In January 2013, Israeli intelligence sources claimed that Turkey has replaced Iran as the chief source of Hamas financing.

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