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Bayt al-Mal

Address:

1. Harat Hurayk, Beirut, Lebanon;
2. Burj Al-Barajinah, Lebanon;
3. Sidon, Lebanon;
4. Tyre, Lebanon;
5. Al-Nabatiyah, Lebanon;
6. Ba’albak, Lebanon;
7. Hirmil, Lebanon;


Known also as: Bayt al-Mal Lil Muslimeen.


Activities:

Hizballah’s sanctioned bank (in 2006), Bayt al-Mal performs financial services for the terrorist organization. In Arabic, the term is used as “House of Money.”


Bayt al-Mal operates under the direct supervision of Hezbollah Secretary General Hasan Nasrallah. As Hezbollah’s main financial body, Bayt al-Mal serves as a bank, creditor, and investment arm for Hezbollah.


Husayn al-Shami is the head of Bayt al-Mal. The central headquarters of Bayt al-Mal was located in Hezbollah’s stronghold in Beirut’s southern suburbs.


Bayt al-Mal utilizes the Yousser Company for Finance and Investment to secure loans and finance business deals for Hezbollah companies.


According to, the U.S. Department of Treasury “Bayt al-Mal functions as Hezbollah’s unofficial treasury, holding and investing its assets and serving as intermediaries between the terrorist group and mainstream banks.”

Connected With:


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