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INTRODUCTION :                       The international community after 9/11 has seriously focused on terrorism financing and money laundering to combat the terrorist activities around the globe. Finance is the back bone for any terrorist organization or even for a lone wolf terrorist to carry out the activities. The terrorist organizations always use legal or illegal means to raise funds for them. It may involve funds raised from legitimate sources, such as personal donations and profits from businesses and charitable organizations, as well as from criminal sources, such as the drug trade, the smuggling of weapons and other goods, fraud, kidnapping and extortion [1] . Even some organizations have developed a mechanism to raise funds and the rules to keep and to use the funds [2] .   It also includes the facilitation of terrorist acts using other assets or stores of value (such as oil and natural resources, property, legal documents, financial instruments, and so forth). Another indi