The word “zakat” does not appear in this article from Fox News, but the system they’re describing is in fact zakat…
Long before it looted the Iraqi central bank in Mosul of $429 million, the Islamic State in Iraq and the Levant/Syria (ISIS) was well-funded in its quest to establish a Shariah caliphate, thanks to a raging criminal enterprise of extortion, bank robbery and petty theft, as well as donations from well-heeled sponsors throughout the Arab world.
Aron Lund, a Stockholm-based Middle East expert and author of two books on Syrian militias and opposition politics, said ISIS has long gotten funding from ideological sympathizers throughout the wider region.
Money trickles in to ISIS accounts from sympathizing Sunnis in Saudi Arabia, Qatar and Kuwait, according to Jonathan Schanzer, a former terrorism finance analyst at the U.S. Department of the Treasury and currently vice president of research at Foundation for Defense of Democracies.
“In some cases, there may even be funds originating from shadowy Al Qaeda figures inside Iran, he said. “This is complicated, to put it mildly.