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US Treasury Targets Alleged Hamas Financing Network With New Sanctions

July 24, 2026
US Treasury Targets Alleged Hamas Financing Network With New Sanctions
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The United States Treasury Department has announced a new round of sanctions targeting a senior Egyptian Muslim Brotherhood official, three individuals and three entities accused of providing financial and logistical support to Hamas.

The measures, unveiled by the Treasury’s Office of Foreign Assets Control (OFAC), form part of Washington’s wider counterterrorism sanctions programme. The designations were issued under Executive Order 13224, the primary US legal authority for imposing sanctions on individuals and organisations accused of supporting terrorism.

According to the Treasury, Mahmoud al-Abyari, described as a UK-based senior official within the Egyptian Muslim Brotherhood, was designated for allegedly acting on behalf of the organisation. US authorities also alleged that he supported fundraising activities involving institutions that had previously been sanctioned over alleged links to Hamas.

The Treasury further designated Indonesia-based Tujah Bulah Global, also known as Seven Spikes Global, and the Gaza-based Madad Palestine Charitable Society. US officials alleged that both organisations operated as fundraising fronts that channelled money to Hamas’s military wing, while publicly presenting themselves as charitable organisations.

In addition, Türkiye-based El-Kahira for General Trading and its owner, Khuldun Khamis Zakaria Alden, were sanctioned over allegations that the company transferred funds for Hamas through underground financial networks. Two shareholders, Zaid Issam Ahmed Al-Jebouri and Abdullah Issam Ahmad Al-Jebouri, were also designated by OFAC because of their ownership interests in the company.

US Treasury Secretary Scott Bessent said the administration would continue pursuing individuals and organisations accused of financing terrorist groups, regardless of whether they operated through charities, businesses or informal financial systems.

The Treasury said the latest action followed previous sanctions announced earlier this year targeting Hamas’s international financial networks. It added that the investigation involved cooperation with the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA) and US Customs and Border Protection.

Under the sanctions, all property and financial interests belonging to the designated individuals and entities that fall under US jurisdiction are blocked. US persons are generally prohibited from conducting transactions with those listed unless authorised by OFAC.

The Treasury also warned that foreign financial institutions facilitating significant transactions involving sanctioned individuals or entities could face secondary sanctions, including restrictions on access to the US financial system.

The designated individuals and organisations may seek removal from the sanctions list through OFAC’s established administrative review process.

Tags: FinancingHamasMuslims BrotherhoodTreasury Developmentus

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