The Islamist group released a video yesterday, available on the website of private terrorism monitoring group SITE, purportedly showing a masked militant beheading Haines.
The two-minute-27-second video titled "A Message to the Allies of America" blames British Prime Minister David Cameron for joining forces with the United States, which has said it is at "war" with the jihadists and launched air strikes against them in Iraq.
"You entered voluntarily into a coalition with the United States against the Islamic State, just as your predecessor Tony Blair did, following a trend amongst our British prime ministers who can't find the courage to say no to the Americans," the executioner says in the video.
He also threatens to execute another British hostage.
Scottish-born Haines, 44, was taken hostage in Syria in March 2013 and was threatened in a video released this month depicting the beheading by an IS militant of the US journalist Steven Sotloff.
Haines had been working for the Agency for Technical Cooperation and Development (ACTED), an international relief charity, and was previously involved in humanitarian work in the Balkans, parts of Africa and elsewhere in the Middle East.
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