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ISIL-Somalia Financing Estimate

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ISIL-Somalia Financing Estimate

Hiraal Institute Report

Jessica Davis
Nov 5, 2018
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The Islamic State in Somalia is assessed to be cash poor, according to a recent report from the Hiraal Institute.

The group raises money through donations (some of which may be voluntary), as well as taxation and extortion. The group focuses on larger businesses within its area of operations, avoiding taxing smaller businesses.

While the group may not rai…

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