Published by Global Banking and Finance Review
Posted on January 21, 2026
2 min readLast updated: January 21, 2026

Published by Global Banking and Finance Review
Posted on January 21, 2026
2 min readLast updated: January 21, 2026

A Syrian-Swedish man was sentenced for planning a terrorist attack at a Stockholm festival, linked to Islamic State, posing a significant threat to Sweden.
STOCKHOLM, Jan 21 (Reuters) - A Swedish court on Wednesday sentenced a 19-year-old man to seven years and 10 months in prison for planning an attack on a cultural festival in Stockholm on behalf of the Islamic State militant group.
The Stockholm District Court said in a statement that the Syrian-Swedish dual national had intended to carry out an attack in the city-centre's Kungstradgarden area in August 2025. His sentence included convictions for other crimes, including membership of a terrorist organisation.
"Among other things ... he reconnoitred Kungstradgarden and recorded a martyr film that was intended to be published after the crime," the court said.
"The District Court believes the planned terrorist crime could have seriously harmed Sweden," it added.
The man, described by prosecutors as "self-radicalised", denied all the charges against him. He was also found guilty of planning to murder a man in Germany in 2024.
The Stockholm Culture Festival, which was the intended target, drew 2 million visitors over five days last year.
Islamic State, which imposed hardline Islamist rule over millions of people in Syria and Iraq from 2014 to 2019, is attempting to stage a comeback after the fall of Syrian President Bashar al-Assad.
(Reporting by Anna Ringstrom, editing by Simon Johnson and Ros Russell)
Terrorism financing refers to the act of providing financial support to individuals or groups that engage in terrorist activities, which can include funding for operations, training, and recruitment.
Islamic finance is a financial system that operates in accordance with Islamic law (Sharia), prohibiting interest (riba) and promoting risk-sharing, ethical investments, and social justice.
Financial crime encompasses a range of illegal activities that involve deceit or fraud for financial gain, including money laundering, fraud, and financing terrorism.
Security in finance involves protecting financial assets and information from theft, fraud, and cyber attacks, ensuring the integrity and confidentiality of financial transactions.
An investment is the allocation of resources, usually money, into an asset or project with the expectation of generating a profit or return over time.
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