JERUSALEM VIEWPOINTS No. 531 23 Iyar 5765 / 1 June 2005 What Drives Saudi Arabia to Persist in Terrorist Financing? Al-Jihad bi-al-Mal - Financial Jihad Against the Infidels Lt. Col. Jonathan D. Halevi The U.S. offensive against terrorism has succeeded in reducing the extent of global terrorism. However, under the surface, the financial channels that are the arteries of radical Islamic movements from Hamas to the Chechens continue to operate. U.S. pressure has managed to force Islamic financiers to alter their pattern of operations, but the substance of their support persists - in a financial jihad that backs the wider...