Kuwait Adds Hezbollah and Affiliated Financial Arm to Sanctions List

Kuwait’s Foreign Ministry has added Lebanon’s Hezbollah and its affiliated financial arm, Al-Qard Al-Hassan Association, to its sanctions enforcement list, alongside three individuals of Lebanese, Tunisian, and Somali nationalities, in a move aligning with UN Security Council resolutions under Chapter VII of the UN Charter.

The decision, announced Monday by the Ministry’s Committee for the Implementation of Security Council Resolutions, includes a full freeze on funds and economic resources associated with the listed entities and individuals.

The newly designated parties are:

  • Hezbollah 

  • Aa.M.M., a Lebanese national born on May 18, 1966

  • A.F.M.Q., a Tunisian national born on October 5, 1991

  • Aa.M., a Somali national born between 1950 and 1953

  • Al-Qard Al-Hassan Association, headquartered in the Republic of Lebanon

Al-Qard Al-Hassan, widely described by international watchdogs as Hezbollah’s de facto financial institution or "shadow bank," has faced growing scrutiny from global regulatory bodies. The association has long operated outside Lebanon’s formal financial system, providing loans and financial services to supporters while allegedly acting as a vehicle for money laundering and the circumvention of sanctions.

The committee has instructed all financial institutions and companies operating in Kuwait to implement the sanctions immediately, in accordance with Articles 21, 22, and 23 of the committee’s executive regulations.