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Hezbollah’s finances dry up as cash sources cut

Graffiti in Tel Aviv showing Hezbollah leader Hassan Nasrallah, two days after Israel's targeted killing of the terrorist leader in Beirut, Sept. 29, 2024. Photo by Miriam Alster/Flash90.

Hezbollah is running out of money, as three of its main sources of cash dry up, the Voice of America (VOA) reported on Friday.

The Iranian terrorist proxy relies on three key funding channels: Al-Qard al Hasan, or AQAH, a Hezbollah-owned quasi-bank operating without a government banking license; Licensed Lebanese commercial banks: and cash from Iran, Researchers told the broadcaster.

Israel targeted AQAH in its initial airstrikes during the current campaign in Lebanon. They hit Hezbollah’s “cash storage centers, including a large part of the AQAH vaults,” leaving the group in a “financial crisis,” VOA reported, quoting a Sept. 30 report by Murr Television, aka MTV Lebanon.

Hilal Khashan, a political science professor at the American University of Beirut, also told the VOA that Israel “destroyed” most of AQAH’s branches.

“Hezbollah is facing a very serious financial problem. They are unable to pay rank and file members who have fled their homes and need to feed their families,” Khashan said.

The Meir Amit Intelligence and Terrorism Information Center (ITIC), a group of Israeli intelligence veterans, describes Al-Qard al-Hasan (“The Benevolent Loan”), as an institution that mainly provides interest-free loans to the Shi’ite community in Lebanon.

The main idea is to support Shi’ite society so that it in turn will support Hezbollah, becoming a “resistance society,” ITIC explained.

The U.S. Treasury Department sanctioned AQAH in 2007 and individuals associated with it in proceeding years. The sanctions did not, however, affect the number of loans provided by the organization, which continued to grow, ITIC said.

David Asher, a former U.S. Defense and State Department official who focused on Hezbollah’s drug trafficking and money laundering operations, told VOA that the group is in “deep trouble” as it is also losing access to Lebanese banking.

“I’m hearing from Lebanese bankers, including Hezbollah financiers, that Lebanon’s wealthiest bankers who can afford to fly have fled to Europe and the Gulf, fearing they could be targeted next by Israel for helping Hezbollah,” Asher said, now a senior fellow at the Washington-based Hudson Institute.

“These Lebanese bankers, most of them billionaires, see the wind is blowing against Hezbollah, so they are not going to let it take millions of dollars out of their banks, which still have cash despite being bankrupt on paper,” Asher said. “They know that if they do, Israel probably will eliminate them, too.”

Another Hezbollah funding source is cash delivered by plane from Iran. It, too, is drying up.

On Sept. 27, Israel warned it would not allow hostile flights carrying weapons to land at Beirut’s airport. The next day, an Iranian flight from Tehran made a U-turn over Iraqi airspace.

Lebanon’s Transport Ministry said it had ordered the Iranian plane to turn around after an Israeli threat that it would use force against Beirut’s air traffic control tower if the plane attempted to land.

“I’ve heard from my Israeli counterparts that the Iranians are scared to send money to Lebanon right now because Israel is threatening to target flights into Beirut. The Israelis are warning they will target flights full of money, not just weapons,” Asher said.

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120th anniversary of the Forverts advice column “Bintel Brief”

מזל־טובֿ! דעם 20סטן יאַנואַר 2026 איז געוואָרן 120 יאָר זינט דער גרינדונג פֿון „אַ בינטל בריוו“ — דער עצות־רובריק פֿונעם פֿאָרווערטס. די רובריק איז פֿאַרלייגט געוואָרן פֿונעם גרינדער און לאַנגיאָריקן שעף־רעדאַקטאָר אַב קאַהאַן אין 1906.

כּדי אָפּצומערקן דעם יום־טובֿ ברענגען מיר אײַך צוויי זאַכן:

• ערשטנס, אַן אַרטיקל וועגן אַ טשיקאַווען בריוו וואָס איז אָנגעקומען אין דער פֿאָרווערטס־רעדאַקציע אין יאַנואַר 1949, פֿון אַ לייענער וועמעס זון האָט חתונה געהאַט מיט אַ קריסטלעכער פֿרוי

• צווייטנס, אַ פֿאָרווערטס־ווידעאָ אויף ייִדיש וועגן דער געשיכטע פֿון „אַ בינטל בריוו“, מיטן געוועזענעם פֿאָרווערטס־רעדאַקטאָר באָריס סאַנדלער און דער פֿאָרווערטס־אַרכיוויסטקע חנה פּאָלאַק.

 

 

The post 120th anniversary of the Forverts advice column “Bintel Brief” appeared first on The Forward.

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Report: Khamenei Moved to Underground Bunker in Tehran

Iran’s Supreme Leader Ayatollah Ali Khamenei speaks in a televised message, after the ceasefire between Iran and Israel, in Tehran, Iran, June 26, 2025. Photo: Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS

i24 NewsAmid tense expectation of US strike on key assets of the Islamic regime, Iran’s Supreme Leader Ali Khamenei was moved into a special underground bunker in Tehran, the Iran International website reported on Saturday.

The report further added that the supreme leader’s third son Masoud Khamenei has taken over day-to-day management of the leader’s office, functioning as the de facto main channel for coordination vis-à-vis the executive branches of the government and the security forces.

The report describes Khamenei’s hideout as a “fortified site with interconnected tunnels.”

On Thursday US President Donald Trump said that a “massive” naval force was heading toward Iran.

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Israel, Syria to Finalize US-Brokered Security Deal ‘Soon,’ as ‘Developments Accelerate Noticeably’

Syria’s interim President Ahmed al-Sharaa speaks during a Ministerial formation of the government of the Syrian Arab Republic, in Damascus, Syria, March 29, 2025. Photo: REUTERS/Khalil Ashawi

i24 NewsSyrian and Israeli officials are expected to meet soon under US mediation, perhaps in Paris, to finalize a security agreement between Damascus and Jerusalem, a source close to Syrian President Ahmed al-Sharaa told i24NEWS on Saturday.

According to the Syrian source, the talks will also focus on various potential joint strategic and economic projects in the buffer zones between the two countries.

“There is very optimistic talk suggesting the possibility of even opening an Israeli embassy in Damascus before the end of this year, given the significant progress in the prospect of Syria joining the Abraham Accords,” the source said.

The original Syrian plan was limited to a security agreement and the opening of an Israeli liaison office in Damascus without diplomatic status, the source tells me. “But developments are accelerating noticeably under pressure from the United States, and specifically by President Trump, and amid growing Syrian openness.”

If Damascus manages to reach an integration agreement with the Druze in southern Syria, similar to its agreement with the Kurds in the northeast, and Israel commits to respecting Syria’s unity and territorial integrity, then al-Sharaa would be open to elevate the status of the agreement with Israel to more than just a security agreement, to also include diplomatic relations and an Israeli embassy in Damascus.

“The al-Sharaa government believes that a viable compromise to advance a peace process with Israel would include a 25-year lease for the Golan Heights, similar to the one Jordan previously signed with Israel over the border enclaves, turning it into a ‘Garden of Peace” of joint economic ventures,” the source said.

The source close to al-Sharaa also tells me that US President Trump is seeking to bring Israeli Prime Minister Netanyahu and President Al-Sharaa together for a peace agreement signing ceremony.

It should be noted that Israel has repeatedly rejected returning any part of the Golan Heights, let alone the entire territory.

On another front, the source stated that Damascus intends to adopt a new local administration system based on expanded administrative decentralization to enhance participation in local communities across all Syrian governorates.

According to the source, this solution would resolve persisting disputes with the Druze, Kurds, Alawites, and other minorities. A new Syrian government is expected to be formed within the next three months, the source added.

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