Saudi: Al-Qard Al-Hassan based in Lebanon Terrorist

Saudi: Al-Qard Al-Hassan based in Lebanon Terrorist

Saudi Arabia classifies the Lebanon-based Al-Qard Al-Hassan association as a terrorist entity. The group has ties to activities that support the Lebanese Shia group Hezbollah.

Ummatimes - "The association is working to manage funds for the terrorist organization (Hezbollah) and its financing, including support for military purposes," Saudi Arabia's state news agency SPA quoted the security forces as saying on Wednesday (27/10).

The statement said that all assets belonging to the association within Saudi Arabia must be frozen and it is forbidden to carry out direct or indirect transactions for the benefit of the association.

In May, the United States called on governments around the world to take action against the Iran-backed Hezbollah group in Lebanon. The US Treasury Department imposed sanctions on seven Lebanese nationals it said were linked to the group and financial firm Al-Qard Al-Hassan.

Saudi Arabia has shunned Lebanon for years because of Hezbollah's strong influence in the affairs of the Lebanese state. The group is said to have sent fighters to Yemen, where the Saudi-led coalition is fighting another Iran-aligned group, the Houthi movement.

Iran and Saudi Arabia are the leading Shia and Sunni Muslim powers in the Middle East. The two countries have been rivals for years and severed diplomatic ties in 2016.