Headlines
Swedish prosecutor charges man over planned Islamic State attack in Stockholm
Published by Global Banking and Finance Review
Posted on November 6, 2025
2 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 6, 2025
2 min readLast updated: January 21, 2026
A dual national was charged with planning a suicide bomb attack at the Stockholm Culture Festival, linked to the Islamic State. The arrest followed an undercover sting operation.
STOCKHOLM (Reuters) -Swedish prosecutors on Thursday charged a Syrian-Swedish dual national captured in an undercover sting operation with planning a suicide bomb attack on a crowded Stockholm culture festival, on behalf of the Islamic State militant group.
The prosecutor said the 18-year-old, who was arrested in February, had been planning to blow himself up at the Stockholm Culture Festival which drew 2 million visitors over the span of five days in August.
Described as a "self-radicalised" young man who had pledged allegiance to Islamic State, he was charged with planning a terrorist crime and being a member of a terrorist organisation. The man denies the charges and was not named by the prosecutor.
"There was a clear will to commit an attack, an attack with the intent to cause as much damage to human life as possible," prosecutor Carl Mellberg told a news conference.
The man's lawyer did not immediately reply to a request for comment.
Police used an undercover agent who claimed to be part of a militant Islamist movement and coaxed the man into believing they would carry out the attack together.
The suspect was arrested after he had reconnoitered locations and purchased materials to make a bomb, and bought a body camera to record the attack.
The Islamic State, which imposed hardline Islamist rule over millions of people in Syria and Iraq from 2014-2019, is attempting to stage a comeback after the fall of Syrian President Bashar al-Assad.
The man was also indicted, along with a 17-year-old boy, for planning to murder a man in a small town in southern Germany last year. They both deny the charges.
(Reporting by Johan Ahlander; editing by Niklas Pollard)
Terrorism financing refers to the act of providing financial support to individuals or groups that engage in terrorist activities. This can include funding for operations, recruitment, and propaganda.
Islamic finance is a financial system that operates in accordance with Islamic law (Sharia). It prohibits interest (riba) and promotes risk-sharing, ethical investments, and social justice.
Financial crime encompasses a range of illegal activities that involve the misuse of financial systems or assets, including fraud, money laundering, and terrorism financing.
Compliance in finance refers to the process of ensuring that financial institutions and their employees adhere to laws, regulations, and internal policies to prevent illegal activities.
A dual national is an individual who holds citizenship in two different countries simultaneously. This status can affect legal rights, obligations, and travel.
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