Zakat, Proxies, and Plausible Deniability: The Financial Network of the Lashkar-e-Tayyiba
| by Satyajit Lall
Lashkar-e-Tayyiba (LeT) has endured as one of South Asia’s most dangerous terrorist organizations for nearly four decades, surviving international sanctions, periodic domestic pressure, and sustained counterterrorism efforts.
This paper argues that LeT’s resilience is inseparable from the sophistication of its financial architecture, a hybrid model blending religious fundraising, diaspora remittances, charitable front organizations, informal hawala networks, and sustained Pakistani state patronage.
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