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Kuwait Bans Dealings with Hezbollah Financial Entity Al Qard Al Hassan

Kuwait Bans Dealings with Hezbollah Financial Entity Al Qard Al Hassan

UAE Moments2 days ago
In a decisive alignment with international terrorism countermeasures, Kuwait has officially added Hezbollah and its affiliated financial institution, the Al Qard Al‑Hassan Association (AQAH), to its sanctions list, according to the Saudi media outlet al-Sharq al-Awsat.
The Kuwaiti Foreign Ministry's sanctions committee, acting under UN Security Council resolutions enacted under Chapter VII of the UN Charter, also imposed sanctions on three individuals of Lebanese, Tunisian, and Somali nationality. The Lebanese man, Adel Mansour, is AQAH's designated leader, whose assets have been frozen.
All Kuwaiti companies and financial institutions must immediately cease cooperation with Hezbollah-affiliated individuals and entities, and freeze any related funds or economic resources.
At least seven Lebanese individuals are currently sanctioned because of their alleged involvement in the financial networks between Lebanon and Kuwait, which serve Hezbollah. \
In July 2025, Lebanon's central bank issued a circular forbidding all licensed banks and brokerages from dealing directly or indirectly with AQAH or other unlicensed financial entities, signaling a move toward curbing Hezbollah's economic footprint.
In November last year, Kuwait arrested 18 individuals because of suspected economic links with Hezbollah.
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