Sources of Terrorism Financing in Pakistan and Pakistan’s Efforts to Stamp out those Sources

Abstract

Terrorism is an expensive undertaking. Unlike the common perception that terrorism is the cheapest mode of violence, terrorist organizations often have complex organizational structures that require hefty amount of money to operate. Such flow of money is ensured through different sources ranging from legitimate businesses to criminal activities such as kidnapping for ransom, bank robberies and using charities as front organizations. Similarly, terrorist groups active in Pakistan have been relying on multiple internal and external financial sources to operate and sustain. This includes both legitimate and illegitimate sources. The role of foreign supporters of these groups in providing funds to them is also no less significant. Driven by a firm resolve, Pakistan has made tremendous efforts through the enactment and successful implementation of various laws to root out terrorism financing. This study based on subjective/qualitative approach methods.