al-Qard al-Hassan

U.S. Treasury Sanctions Hezbollah-Linked Gold and Cash Network

The U.S. Treasury Department released a statement on Tuesday outlining new sanctions that target Hezbollah’s cash-based financial network. Elaborating on the sanctions, Secretary of the Treasury Scott Bessent stated that the “Treasury will work to cut these terrorists off from the global financial system to give Lebanon a chance to be ...

Al-Qard al-Hassan Delays Compensation Payments: Is Hezbollah in Trouble?

The recent decision by Al-Qard al-Hassan, Hezbollah’s illegal financial institution, to postpone until February 10 the payment of compensation to victims of the conflict with Israel has sent shockwaves through the Shiite community. The payments were originally scheduled for February 1. To justify this delay, the militia-run ‘bank’ cited ...