FINANCING TERRORISM

Abstract

Financing terrorism is the provision or collection of funds in any way, directly or
indirectly, illegally and knowingly, with the intention that they will be used or with the
knowledge that they will be used in whole or in part to take action (terrorist activities) with
intent, to cause death or grievous bodily harm to a civilian or to any other person who is not
actively involved in hostilities in an armed conflict. Terrorism is the deliberate use of unlawful
violence, or the threat of violence, for the sole purpose of instilling fear, posing a global threat
and a direct threat to international peace and stability. The main goal of terrorist organizations
is to achieve maximum destructive effect at the lowest possible cost.