The U.S. Department of Treasury announced today that member states of the Terrorist Financing Targeting Center (TFTC) have implemented joint measures targeting a financial infrastructure linked to Hezbollah, including five entities and 16 individuals, among them key institutions such as Al-Qard Al-Hassan (AQAH) and Bayt al-Mal, in addition to a number of senior officials associated with them. The U.S. Treasury affirmed that these coordinated actions reflect the center's members' commitment to disrupting Hezbollah's ability to exploit the international financial system, noting that all announced targets had previously been subjected to U.S. sanctions. The statement explained that the TFTC executes joint measures including the imposition of sanctions and the exchange of information regarding terrorist financing networks, in addition to enhancing the capacities of member states in combating networks that threaten security and stability. It added that these networks pose a threat to regional stability, international security, common interests, and global trade, pointing out that restricting Hezbollah's access to funding aims to protect the international financial system, support the Lebanese people, and counter terrorist networks. The statement indicated that this action is the third under the current administration, and the ninth since the center's establishment in 2017 during the term of U.S. President Donald Trump, including the provision of additional information via the center's website. Al-Qard Al-Hassan (AQAH) The U.S. Treasury stated that the Al-Qard Al-Hassan association operates as a non-governmental organization licensed by the Ministry of Interior, but provides bank-like financial services that exceed what is stated in its registration documents, and is used in money transfer operations via fictitious accounts and intermediaries. It added that Hezbollah uses the institution to facilitate its military activities, which impacts reconstruction efforts in Lebanon and allows it to strengthen its financial and social influence by hoarding hard currencies needed by the Lebanese economy. According to the statement, Hezbollah transferred its financial activity to Al-Qard Al-Hassan in 2006 after the destruction of Bayt al-Mal offices during that year's war, before it was placed on the U.S. sanctions lists in 2007. Bayt al-Mal The U.S. Treasury explained that Bayt al-Mal operates as an unofficial treasury for Hezbollah, manages its assets and investments, and acts as a financial intermediary with banks, under the direct supervision of the party's leadership, and is headquartered in the southern suburb of Beirut. Individuals and Entities Ibrahim Ali Daher He holds the position of head of Hezbollah's central finance unit, which oversees the party's budget and expenses, including funding its military operations inside Lebanon and abroad. This unit manages the party's global income and coordinates the distribution of funds to various units, under the supervision of the Secretary-General of Hezbollah. He was designated on May 11, 2021. Adel Mohammad Mansour He holds the position of executive director of Al-Qard Al-Hassan, and uses his personal accounts to conduct financial transactions with institutions affiliated with Hezbollah. Ahmad Mohammad Yazbek He holds the position of financial director at Al-Qard Al-Hassan, and participated in managing joint bank accounts used to transfer more than $500 million through the official financial system. Samer Hassan Fawwaz Director of the administration department at Al-Qard Al-Hassan, and responsible for coordination between the institution and logistics companies. Ali Mohammad Qarnib Head of the procurement department at Al-Qard Al-Hassan, and supervised the purchase of more than 1,000 ounces of gold. Abbas Hassan Gharib IT director at Al-Qard Al-Hassan, and participated in managing joint bank accounts and large financial transfers. Mustafa Habib Harb An official at Al-Qard Al-Hassan, who participated in parallel banking activities and financial evasion through the banking system. Ezzat Youssef Akkar An official at Al-Qard Al-Hassan, who participated in managing joint bank accounts within financial networks affiliated with the party. Hassan Shehadeh Othman An official at Al-Qard Al-Hassan, who participated in managing bank accounts within parallel financial operations. Ni'ma Ahmad Jamil A senior official at Al-Qard Al-Hassan, and head of auditing and business, and participated in providing financial services to the party's institutions. Issa Hussein Qassir Supervises the supply and procurement department at Al-Qard Al-Hassan, and managed bank accounts for financial activities affiliated with the party. Ali Ahmad Krisht Director of the Al-Qard Al-Hassan branch in Tyre, and managed bank accounts linked to the party. Nasser Hassan Nasr Participated in managing financial audit work linked to the party. Wahid Mahmoud Sbeiti An official at Al-Qard Al-Hassan who participated in parallel banking operations. Mohammad Suleiman Badir A former official at Al-Qard Al-Hassan, who participated in managing joint bank accounts. Imad Mohammad Baz Responsible for the valuation and storage of gold, and conducted large financial transactions. Expert Accountants for Studies and Accounting A company owned and managed by officials linked to Hezbollah, providing financial services linked to the party's central finance unit. Tashilat (Tashilat SARL) A company providing loans linked to Hezbollah and forming an essential part of the activity of Al-Qard Al-Hassan and Bayt al-Mal. Auditors Office for Accounting and Auditing A company owned and managed by officials linked to Hezbollah and providing financial services to the party's central finance unit.