Financing Terrorism

Hezbollah expands its banking services due to US pressure on the Lebanese banking system

Hezbollah maintains an extensive network of social foundations in the Shiite community in Lebanon. These foundations deal with healthcare, education, finance, welfare, and communications. They also support Hezbollah’s military infrastructure and serve as a means of disseminating Hezbollah’s ideology and strengthening its position among the Shiite community and in the internal Lebanese arena.
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The Palestinian Authority continues preparations for founding a bank which will enable it to transfer funds to terrorist prisoners and the families of shaheeds

On June 1, 2020, the Palestinian Authority (PA) government authorized the founding of a government bank to channel funds to Palestinian terrorist prisoners and the families of shaheeds. That came after the commercial banks in Judea and Samaria froze the accounts of the prisoners and shaheed families and refused to transfer the monthly payment from the PA to their accounts. The future bank will be called the Bank of Independence for Development and Investment.
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New Hamas Fundraising Campaign: Hamas’ military wing began a new fundraising campaign about a month after the United States thwarted digital coin campaigns of Hamas, al-Qaeda and ISIS

On September 13, 2020, al-Jazeera TV broadcast an investigative report in its program "More Than Meets the Eye." The program dealt with the military buildup of the Izz al-Din Qassam Brigades, Hamas' military wing, and its improved fighting capabilities. After the broadcast, and in the wake of the normalization of Israel's relations with the UAE and Bahrain, a campaign was launched on the social networks (in Arabic) called "#support_the_resistance."
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Kataeb Hezbollah: Profile of a Shiite-Iraqi militia handled by the Qods Force to promote Iranian interests in Iraq (Full Version)

Kataeb Hezbollah (“Hezbollah Brigades”) is a radical Shiite militia of a clearly anti-American nature with a Khomeinist ideology. It was established by the Qods Force of the Iranian Revolutionary Guards Corps (IRGC) in 2007 in southern Iraq with the objective of fighting against the US army and ousting it from Iraq. It is the most prominent among the Shiite militias handled by Iran, prioritized in military and financial support from the IRGC’s Qods Force.
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The Palestinian Authority takes practical steps to set up a government bank to handle payments to prisoners and families of shaheeds

a government bank which will serve as a channel for transferring funds to prisoners and families of shaheeds. The establishment of the new bank was intended to bypass the order issued by the Commander of the IDF Central Command prohibiting banks from providing banking services to prisoners and families of shaheeds in Judea and Samaria. In the wake of the order, several Palestinian and Arab banks announced a freeze on the bank accounts of prisoners and families of shaheeds. On the other hand, Mahmoud Abbas and PA officials again pledged to transfer the funds to the prisoners and families of shaheeds, calling them a “red line” and “sacred salaries.”
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The Palestinian Authority plans to establish a bank to enable it to transfer payments to Palestinian prisoners and the families of shaheeds.

The Commander of the IDF's Central Command issued an order on May 9, 2020, banning the provision of banking services in Judea and Samaria to Palestian terrorist prisoners and the families of shaheeds. A number of Palestinian and Arab banks announced they were freezing the activity of the accounts of the prisoners and the families of shaheeds.
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