How Hamas Amassed Its Wealth

Hamas is now rated as the world’s second-richest terror group, just behind the oil-soaked Islamic State. It has amassed its wealth through smuggling, donations large and small, and protection rackets. Nor have its leaders missed the opportunity to line their own pockets. (The extensive holdings of Khaled Meshal, the head of Hamas, include several high-rise buildings in Qatar.) Ultimately, according to Moshe Elad, the terror group’s fortune is the product of a political culture of corruption and patronage: