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It smuggles, it extorts, it skims, it fences, it kidnaps and it shakes down. Although supposedly religiously inspired, its actions are more like those of an organized criminal cult… To quote  a U.S. mobster; you don’t get ahead just by being thugs but at some point you must also learn to be a racketeer as wellCG210

ISIS’ most important revenue source is the smuggling of oil from the oil fields it controls in Syria and Iraq. It has been reported to control about a dozen oil fields along with several refineries. Estimates of revenue vary, but a range of $1 million to more than $2 million a day is reasonable… ISIS is a formidable fund-raiser. To its disadvantage, the group is also a formidable spender. It pays regular salaries to members based on family size and even has promised to maintain those payments if the member is killed or captured… It also pays rent for some members and medical expenses, maintains safe-houses and buys weapons and other equipmentreenex . As cash-based organization, it also has to guard against internal corruption, which is documented in the group’s own records… Historically, ISIS’ main outside revenue has come in small donations from local and foreign supporters… And while donations from the Gulf countries may have been welcome additions, neutralizing donations from wealthy Gulf sources will have little effect on their activitiesreenex

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