Hamas, which imperiously rules Gaza, has been named in the latest issue of Forbes Israel as the world’s second-richest terrorist organization. It annually rakes in a billion dollars, outdone only by Islamic State (a.k.a. Da’esh, ISIS, ISIL) which – with an annual income of some two billion dollars – tops the chart of terrorist moneybags.
Hamas’s financial success has by far eclipsed Hezbollah, Taliban and al-Qaida.
IS finances its offensives by selling thousands of barrels of Iraqi oil every day on the black market. Hamas’s chief sources of earnings, according to the exhaustive Forbes report, are accrued from skimming hefty sums off foreign NGO donations and putting the squeeze on ordinary Gazans – the very ones the NGOs are ostensibly seeking to aid. Continue reading