US Treasury sanctions Turkish, British-based Muslim Brotherhood, Hamas financial networks

Washington imposed fresh sanctions targeting what it described as a transnational Hamas financing network, including Muslim Brotherhood affiliates and a Turkish trading company.

The US Treasury Department’s Office of Foreign Assets Control (OFAC) designated a senior UK-based Egyptian Muslim Brotherhood official, along with three other individuals and three entities that provided material support to Hamas terrorists, OFAC confirmed on Thursday.

Two of the entities are “sham charities tied to the Muslim Brotherhood that funneled substantial funding to Hamas’s military wing,” the Izzadin al-Qassam Brigades, OFAC stated.

This happened “even as the terrorist organization continues to obstruct a peaceful resolution in Gaza,” OFAC added.

These sanctions expose a “multi-layered typology in which Muslim Brotherhood affiliates and Hamas-directed front organizations operate transnational fundraising channels, using charitable facades and underground banking networks to move and disguise funds across jurisdictions,” OFAC said.

https://www.jpost.com/middle-east/article-903557?utm_source=activetrail&utm_medium=email&utm_campaign=July242026

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