The UN Security Council has passed a resolution placing sanctions on six individuals who have financed ISIL.
The individuals will be subject to an international travel ban, asset freeze and arms embargo.
The resolution also condemns the recruitment of foreign fighters and expresses readiness to blacklist people financing or facilitating travel of foreign fighters.
Members of the UN Security Council will meet shortly to vote on a possible resolution to stem the flow of finance to Islamist militants operating in Iraq and elsewhere.
A Downing Street spokesperson said the UK-drafted proposal "would disrupt the terrorists’ financing flows and sanction those who are seeking to recruit jihadists to ISIL".
The Foreign Office has tweeted that it will be pushing for a resolution to freeze the assets of the Islamist group ISIL when the UN Security Council meets tonight.
Russia has refused to allow popular political drama House of Cards to film in the UN Security Council.
Russian officials argued that the premises in New York were "not an appropriate place" for filming in case the council needed to convene for unanticipated crises, Foreign Policy reported.
British diplomats said the production would help raise awareness of the council and its work, a view that was shared by the UN Secretary General Ban Ki-moon.
China also expressed doubts over the filming but hinted that it would reconsider if council members were allowed to read the script.
House of Cards has proved incredibly popular with viewers of Netflix, with Kevin Spacey starring as the ruthless Frank Underwood.
The UN Security Council has announced that it has blacklisted the Islamist militant group Boko Haram after they kidnapped nearly 300 schoolgirls in Nigeria.
The sanctions imposed on the group include a travel ban, arms embargo and the freezing of all international assets.
Nigeria has been reluctant until recently to seek international help to combat Boko Haram.
The Permanent Mission of Luxembourg to the UN wrote on Twitter:
The message was re-tweeted by other UN Security Council members including the UK.
US Ambassador to the United Nations Samantha Power said adopting a resolution to boost humanitarian aid access in Syria "is the easy part" and called for "no more broken promises, delays or false concessions".
She wrote on Twitter:
The UN Security Council has unanimously adopted a resolution to boost humanitarian aid access in Syria
Russia and China, who previously vetoed three resolutions condemning Syria's government and threatening it with possible, both voted in favor of the resolution.