The member states of the Terrorist Financing Targeting Center announced on June 30 joint designations against key components of Hizballah’s financial infrastructure, including five entities and 16 individuals. The targeted organizations include Al-Qard Al-Hassan (AQAH) and Bayt al-Mal, along with their senior leaders. All targets had previously been designated by the United States.
According to the announcement, these actions are intended to disrupt Hizballah’s ability to exploit the international financial system. The TFTC conducts joint actions such as sanctions designations, shares information on terrorist financing networks, and builds capacity among members to counter threats posed by terrorist groups.
The statement said that “the networks designated by TFTC today threaten regional stability, international security, mutual interests, and global trade.” It added that restricting Hizballah’s access to funding is aimed at protecting the integrity of the international financial system and supporting the Lebanese people.
This marks the third designation action by TFTC during this Administration and the ninth since its creation in May 2017 under President Trump. Additional information about TFTC is available on its website.
Among those designated are major institutions such as AQAH—described as masquerading as a non-governmental organization while providing banking services—and Bayt al-Mal, which functions as Hizballah’s unofficial treasury. Senior individuals targeted include Ibrahim Ali Daher (Chief of Central Finance Unit), Adel Mohamad Mansour (Executive Director of AQAH), Ahmad Mohamed Yazbeck (AQAH’s Financial Director), Samer Hasan Fawaz (Head of AQAH Management Division), Ali Mohamad Karnib (Head of AQAH Purchase Department), Abbas Hassan Gharib (Informatics Manager at AQAH), Mustafa Habib Harb (AQAH official involved in shadow banking activity), Ezzat Youssef Akar (AQAH official participating in evasive banking activity), Hasan Chehadeh Othman (AQAH official involved in shadow accounts), Nehme Ahmad Jamil (Senior AQAH official overseeing auditing and business departments), Issa Hussein Kassir (Senior AQAH official handling procurement logistics), Ali Ahmed Krisht (Branch manager for AQAH in Tyre), Naser Hassan Neser (Manager at Auditors for Accounting and Auditing with links to Hizballah leadership), Wahid Subayti, and Mohammed Suleiman Badir (both involved in maintaining bank accounts circumventing formal systems).
Entities designated also include Al-Khobara for Accounting, Auditing, and Studies; Tashilat SARL; and Auditors for Accounting and Auditing—all cited for their roles facilitating or conducting financial operations on behalf of Hizballah or its affiliated bodies.