Fawaz Muhammad Jubayr al-Rawi, a Syrian native and an experienced terrorist financial facilitator, moved millions of dollars for the terror organization’s attack and logistics network. He owned the Hanifa Currency Exchange in Abu-Kamal, which he used along with a network of global financial contacts to move money into and out of ISIS-controlled territory and across borders on behalf of the group.
The Treasury Department, pursuant to U.S. Executive Order 13224, which targets terrorists and those providing support to terrorists or acts of terrorism, imposed sanctions on al-Rawi and his company, Hanifa Currency Exchange’s branch in Abu Kamal, Dec. 13, 2016. This was the first U.S. action specifically targeting ISIS-affiliated money-services businesses.
The Treasury Department designated al-Rawi for providing financial and material support to ISIS. Al-Rawi pledged loyalty to ISIS in 2014 and used his network of global financial contacts to help ISIS conduct weapons and ammunition deals at a time when the terrorist group was seizing land and committing atrocities across Syria and Iraq. In 2015, he facilitated ISIS financial transactions and money storage, including payments to ISIS foreign terrorist fighters; his property was also used by senior ISIS leaders for weekly meetings. As of May 2016, he was considered an ISIS finance emir, whose money exchange business was used for ISIS-related transactions.
Financial Network Disrupted
The coalition’s efforts to disrupt and attack ISIS’s financial networks have restricted the terror group’s ability to move resources and export terrorism. Several of al-Rawi’s close terrorist associates have also been targeted and killed by the coalition:
— Samir Idris, a key ISIS financial facilitator for external terror attacks and an international money launderer, was killed June 7, 2017, near Mayadin, Syria. He was trusted by senior ISIS leadership to move funds across borders to pay for external terror attacks.
— Abdurakhmon Uzbeki, a foreign fighter and external terror attack facilitator, was killed April 6, 2017, near Mayadin, Syria. He was a close associate of ISIS leader Abu Bakr al-Baghdadi and helped facilitate the high profile attack that murdered 39 people on New Year’s Eve at the Reina night club in Istanbul. U.S. Central Command announced his death on April 21, 2017.
— Abd al-Basit al-Iraqi, a senior external terror attack facilitator, was killed Nov. 12, 2016, in Raqqa, Syria. He was responsible for attacks across the Middle East, including against American, Turkish, and other European targets of interest, and was also involved in assassination plots, hostage situations and convoy reconnaissance and helped arm, fund and move terrorist fighters.U.S. Central Commandannounced his death Jan. 6, 2017.