The Israeli military conducted airstrikes targeting Al-Qard al-Hasan, a financial organization associated with Hezbollah in Lebanon. Al-Qard al-Hasan is the largest microcredit organization in Lebanon and operates as a bank. It is not regulated by the central bank and is not part of the international banking system. The organization provides loans, savings accounts, and financial transfers based on Islamic finance principles. Israel's defense establishment has been targeting the economic resources of Hezbollah and other terrorist organizations. The strikes on Al-Qard al-Hasan are part of Israel's efforts to degrade Hezbollah's terror infrastructure and military capabilities.
image sourced from original article at https://www.nytimes.com/2024/10/21/world/middleeast/israel-lebanon-hezbollah-bank.html
Original article source: https://www.nytimes.com/2024/10/21/world/middleeast/israel-lebanon-hezbollah-bank.html
Source Id: 8374243796