Iranian Khums Funds: Origins and Beneficiaries
The U.S. Treasury Department has imposed sanctions on institutions financed by Khums funds, which are considered a share of wealth allocated to Shiite Muslims and used to fund religious and charitable activities. These funds are collected from various sources and distributed to beneficiaries, including religious and charitable organizations in the Middle East, particularly in Iraq and Lebanon. The sanctions aim to curb financial flows that support these activities and this type of funding, and to monitor the entities receiving Khums money and how they use it for specific purposes.
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