1. Terrorist Financing
Abdulrahman Saeed Al Zaabi
H00254759
CLV

2. Introduction

3. TERRORISM DEFINED
“The unlawful use of force against persons or
property to intimidate or coerce a government,
civilian population, or any segment thereof, in the
furtherance of political or social objectives.”

4. What is Terrorist Financing?
UN Convention for the Suppression of the Financing of
Terrorism (UNCSTF)
Terrorism financing (TF) occurs when a person by any means,
directly or indirectly, unlawfully and willfully provides or
collects funds with the intention that such the funds will be
used or in the knowledge that the funds will be used in full or
in part, in order to carry out a terrorist act.
FATF Special Recommendation 5-8 (on criminalization of
terrorism financing) gave a similar definition.
Terrorist act – any act intended to cause death or serious
bodily injury to a civilian or any other person not taking an
active part in the hostilities. Usually, the purpose is to
intimidate a population or to compel a government to do or
abstain from doing any act

5. Stages
• Recruit
• Finance
• Weapon
• Date & Time of Attack
• Location
• Surveillance
• Means of Attack
• Escape (?)

6. What are the likely sources of funding?
• From legitimate sources:
– Donations
– Front organizations
– Charities
• From illegitimate sources:
– Armed robbery operations
– Drug trafficking
– Kidnapping for ransom
– Extortion and protection money
– Blackmail

7. Methodology
• Assassination
• Kidnapping
• Hostage Barricade
• Hijacking
• Expropriation
• Bombs and Explosives
• Mass Killings

8. Difference Between ML and TF

9. UAE Efforts
• National Anti-Money Laundering Committee
• National Compating Terrorism Committee
• Anti-Money Laundering & Suspicious Cases Unit
• Domestic & International Cooperation
• MOUs

10. Examples
“Hostility toward America is a religious
duty, and we hope to be awarded for it by
God…I am confident that Muslims will be
able to end the legend of the so-called
superpower that is America.”
Osama bin Laden

11. Examples
Domestic Groups
Aryan Nation members Larry
Wayne Harris, left, and
William Job Leavitt are led
from court in Las Vegas,
where they were charged with
conspiring to possess anthrax
for use as a weapon. (Marsh
Starks/Reuters)
Timothy McVeigh (above)
conspired with Terry Nichols, a
member of the far-right Michigan
Militia, to build the bomb that
destroyed the Alfred P. Murrah
Federal Building in Oklahoma
City killing 168 people. (AP)

12. Religious Terrorists
Shoko Asahara led the
10,000 member strong
Aum Shinrikyo cult that
killed 12 and left
thousands ill after a nerve
gas attack on the Tokyo
subway. (AP Photo)
Ramzi Yousef was
convicted of masterminding
the 1993 World Trade
Center bombing that left six
dead and 1,000 wounded.
(AP Photo)
Examples

13. Conclusion