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The common mistakes in combating terrorism financing

The growing threat of terrorism has reached a serious level. During 2015, a series of terrorist attacks is recorded in France, Pakistan, Chad, Tunisia, Kuwait, Kenya, and Yemen. The danger of terrorism is amplified many times if state terrorism is also taken into account. Estimates of death in the S...

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Main Author: Zul Kepli, Mohd Yazid
Format: Article
Language:English
Published: International Journal of Business, Economics and Law (IJBEL) 2016
Subjects:
HB Economic Theory
HF Commerce
HJ Public Finance
Online Access:http://irep.iium.edu.my/54203/1/IJBEL10_93.pdf
http://irep.iium.edu.my/54203/
http://ijbel.com/wp-content/uploads/2016/11/IJBEL10_93.pdf
http://ijbel.com/previous-issues/august-2016/vol-10-august-2016-issue-5-islamic-studies/
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spelling my.iium.irep.542032017-10-09T08:58:40Z http://irep.iium.edu.my/54203/ The common mistakes in combating terrorism financing Zul Kepli, Mohd Yazid HB Economic Theory HF Commerce HJ Public Finance The growing threat of terrorism has reached a serious level. During 2015, a series of terrorist attacks is recorded in France, Pakistan, Chad, Tunisia, Kuwait, Kenya, and Yemen. The danger of terrorism is amplified many times if state terrorism is also taken into account. Estimates of death in the Syrian Civil War vary between 301,781 and 470,000. According to the United Nations and Arab League Envoy to Syria, the estimates of death are more than 400,000. A significant number of these deaths refer to unarmed civilians caught in conflict. To stop terrorism, it is essential to combat the financing of terrorism. The bloodline of terrorist networks is said to be money. Although terrorism can inflict the largest amount of damage using minimum cost, it still needs money. While bribery, weapons and the maintenance of weapons are major expense, other security costs including operating costs, false identification and other concealment mechanisms also require money. In addition, networking, communications and the training of personnel and maintaining training camps are not cheap. However, addressing the symptoms alone is inadequate. It is important to effectively eradicate the root causes of terrorism, together with the sources of financing to ensure global peace. This article highlights the common mistakes in combating terrorism financing by focusing on Islamophobia, Islamic finance and Islamic charities. The common methods of terrorism financing will be discussed together with the flaws and the way forward. International Journal of Business, Economics and Law (IJBEL) 2016-08 Article REM application/pdf en cc_by_nd http://irep.iium.edu.my/54203/1/IJBEL10_93.pdf Zul Kepli, Mohd Yazid (2016) The common mistakes in combating terrorism financing. International Journal of Business, Economics and Law, 10 (5 (Islamic Studies)). pp. 53-60. ISSN 2289-1552 http://ijbel.com/wp-content/uploads/2016/11/IJBEL10_93.pdf http://ijbel.com/previous-issues/august-2016/vol-10-august-2016-issue-5-islamic-studies/
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HB Economic Theory
HF Commerce
HJ Public Finance
spellingShingle HB Economic Theory
HF Commerce
HJ Public Finance
Zul Kepli, Mohd Yazid
The common mistakes in combating terrorism financing
description The growing threat of terrorism has reached a serious level. During 2015, a series of terrorist attacks is recorded in France, Pakistan, Chad, Tunisia, Kuwait, Kenya, and Yemen. The danger of terrorism is amplified many times if state terrorism is also taken into account. Estimates of death in the Syrian Civil War vary between 301,781 and 470,000. According to the United Nations and Arab League Envoy to Syria, the estimates of death are more than 400,000. A significant number of these deaths refer to unarmed civilians caught in conflict. To stop terrorism, it is essential to combat the financing of terrorism. The bloodline of terrorist networks is said to be money. Although terrorism can inflict the largest amount of damage using minimum cost, it still needs money. While bribery, weapons and the maintenance of weapons are major expense, other security costs including operating costs, false identification and other concealment mechanisms also require money. In addition, networking, communications and the training of personnel and maintaining training camps are not cheap. However, addressing the symptoms alone is inadequate. It is important to effectively eradicate the root causes of terrorism, together with the sources of financing to ensure global peace. This article highlights the common mistakes in combating terrorism financing by focusing on Islamophobia, Islamic finance and Islamic charities. The common methods of terrorism financing will be discussed together with the flaws and the way forward.
format Article
author Zul Kepli, Mohd Yazid
author_facet Zul Kepli, Mohd Yazid
author_sort Zul Kepli, Mohd Yazid
title The common mistakes in combating terrorism financing
title_short The common mistakes in combating terrorism financing
title_full The common mistakes in combating terrorism financing
title_fullStr The common mistakes in combating terrorism financing
title_full_unstemmed The common mistakes in combating terrorism financing
title_sort common mistakes in combating terrorism financing
publisher International Journal of Business, Economics and Law (IJBEL)
publishDate 2016
url http://irep.iium.edu.my/54203/1/IJBEL10_93.pdf
http://irep.iium.edu.my/54203/
http://ijbel.com/wp-content/uploads/2016/11/IJBEL10_93.pdf
http://ijbel.com/previous-issues/august-2016/vol-10-august-2016-issue-5-islamic-studies/
_version_ 1643614504549875712
score 13.211869

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