Ongoing use of MSBs by ISIL
Terrorist Financing
The US Department of the Treasury's Office of Foreign Assets Control sanctioned Afaq Dubai for the money services business' involvement in moving funds for ISIL.
The Iraq-based MSB moved money for the Islamic State as recently as 2018. The MSB is believed to be part of ISIL's financial facilitation network that includes other MSBs, hawalas, and financial…