Executive Summary:

SSPC's Animesh Roul profiled India's most wanted terrorist Masood Azhar in Jamestown Foundation's Militant Leadership Monitor. The Jihadi Demagogue: A Profile of Maulana Masood Azhar of PakistanSeptember 30, 2013Maulana Masood Azhar is one of the most dreaded Pakistani jihad leaders within the Indian political and security establishments. Formerly associated with the Harkat troika (Harkat-ul-Jihad-al-Islami [HujI], Harkat-ul-Mujahideen...  

This chapter explores the practice of hawala as informal funds transfer system in South Asia and how it facilitates terrorist funding and money laundering activities in the region. It also briefly examines the regulatory mechanism in place to control the hawala remittance system.

For almost over sixty hours, Mumbai, the financial capital of India, witnessed a series of terrorist attacks, multiple hostage crisis, mindless killings, fierce gun battles and at the end, a disrupted life. The terrorists have struck major targets, including luxury hotels and a Jewish Center frequented by Westerners and elite Indians, only to be holed up later inside these buildings with innocent civilians as hostages. Their demand was the safe release of Mujahideen held in Indian prisons.

The identification of at least four slain Kerala-based militants in Jammu and Kashmir early this month raises some vital questions about Islam and terrorism in India: What inspired Muslim youths of Kerala to fight for a cause alien to them and that in a distant land? How far these Terror groups have penetrated India's hinterlands, getting easy recruits for their subversive activities?