A Point of View: Isis and what it means to be modern – BBC News

Surprising as it may sound, Isis is in many respects thoroughly modern. Like al-Qaeda before them, these jihadists have organised themselves as a highly efficient company. Initially funded by donations from wealthy supporters, they’ve rapidly expanded into a self-financing business. Through kidnapping and extortion, looting and selling antiquities, siphoning off oil in territories they conquer, seizing gold bullion and other assets from banks and acquiring large quantities of American military hardware in the course of their advance, Isis has become the wealthiest jihadist organisation in the world. According to some estimates, it’s worth well over $2bn.

Source: A Point of View: Isis and what it means to be modern – BBC News

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