The Hidden World of Hawala Transactions: From Clan-Based Trust to Terrorist Funding

IDF discusses targeting Hamas financiers in fiscal battle

The hawala system, originating in India and developed in the Middle East before European banks, has been used for decades to transfer funds from one point to another through a network of money changers based on trust and reputation tied to clans. This financial system operates without documentation or personal meetings, allowing for discreet transactions.

Iran uses this system to finance its satellites, while groups like Hezbollah and Hamas rely on it for their financial power. In response to the threat posed by these terrorist organizations, the Israeli Defense Forces (IDF) has taken steps to disrupt this financial system. By eliminating key players in the network and making arrests, they aim to cut off financial flows to terrorist organizations like Hamas.

To effectively combat terrorism, it is essential to disrupt a terrorist organization’s financial resources. The IDF is committed to intensifying its efforts in the economic war against Hamas. Meanwhile, articles continue to be published discussing topics such as medical wellness and aesthetics, energy-saving construction, luxury pools and spas, commercial real estate in Sacramento, and the benefits of artificial turf in landscaping. These articles offer insights and information on a range of topics related to personal and professional well-being.

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