Israel declares the Al Qard Al Hasan bank, related to Hezbollah, a terrorist organization

MADRID 21 Oct. (EUROPA PRESS) –

The Israeli Minister of Defense, Yoav Gallant, signed an order this Monday declaring the Al Qard Al Hasán bank, considered to be related to the Lebanese Shiite militia party Hezbollah, a terrorist organization.

This statement is part of the “economic effort that the security apparatus has embarked on to combat Hezbollah and its terrorist groups.”

On Sunday, Israel announced an offensive against the headquarters of Al Qard Al Hasan in Lebanon. Bombings on eleven targets were recorded in the south of Beirut alone. There have also been attacks on the Bekaa Valley, also considered a Hezbollah stronghold.

The Al Qard al Hasan Association is a non-profit organization founded in 1983, according to Al Manar television, which is affiliated with Hezbollah. It offers interest-free loans following Islamic financial precepts in the microcredit format.

After the attacks, the organization has stressed that it has taken measures to “protect the deposits” of its clients. “It is important to note that the foundation has taken all necessary measures since the start of the war. These measures are sufficient to safeguard the deposits and trust of citizens, their assets and the fruits of their labor. An eye for an eye, a tooth for a tooth. tooth”, the entity has warned in a statement.

The Israeli Army unleashed a new invasion of Lebanon at the end of September after days of intense bombings and attacks against the country, including the coordinated explosion of thousands of communication devices, after more than eleven months of fighting with Hezbollah.

The resurgence in hostilities is part of the clashes for nearly a year, after Hezbollah attacked Israeli territory a day after the attacks carried out on October 7, 2023 by the Islamic Resistance Movement (Hamas) and other Palestinian factions. , which led Israel to unleash a bloody offensive against the Gaza Strip.