Hezbollah Funding From Tehran to Cash Economy

Reports indicate that Iran provided Hezbollah with amounts reaching up to 200 million dollars to support displaced families. However, the United States denied the accuracy of this information, affirming its ongoing efforts to impose sanctions on Iran and its affiliates, including Hezbollah, to cut off its sources of funding. Sources confirm that Hezbollah maintains a parallel economy comprising financial and social institutions inside and outside Lebanon, which are used to generate financial resources and smuggle money, especially as Lebanese banks' operations decline and reliance on cash-based transactions increases. The "Qard Hasan" (interest-free loan) is one of the most prominent financing institutions affiliated with the group, and Lebanon faces pressure to revoke its licenses and shut down its branches as part of efforts to combat money laundering and illicit finance. It is also noted that the group has unofficial funding sources, including smuggling networks and illegal trade, and that the recent economic crisis and financial contraction have heightened dependence on these unofficial methods of financing.

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