Terrorist financing refers to the raising, movement, and use of funds to support terrorists or terrorist organizations. Unlike money laundering, which deals with making illegal money appear legitimate, terrorist financing can involve funds from both legal and illegal sources that are ultimately directed toward unlawful activities.
According to the UN Convention for the Suppression of the Financing of Terrorism, terrorist financing includes any act where a person knowingly provides or collects funds with the intention that they be used to carry out terrorist acts, support terrorist groups, or assist individual terrorists.
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