Hamas: Finance

Foreign, Commonwealth and Development Office written question – answered at on 6 February 2024.

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Photo of Matthew Offord Matthew Offord Conservative, Hendon

To ask the Minister of State, Foreign, Commonwealth and Development Office, what mechanisms are in place to disrupt Hamas’ financial networks.

Photo of Leo Docherty Leo Docherty Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)

The UK, along with our G7 partners, is committed to taking action to deny Hamas the ability to raise and use funds to carry out atrocities. Hamas is a proscribed organisation under the Terrorism Act 2000, meaning it is a criminal offence in the UK to provide money or other property to the group. Since the 7 October attacks on Israel, the UK has also designated 19 individuals and entities in the senior leadership and financial networks of Hamas and Palestinian Islamic Jihad (PIJ), in close coordination with the US. This adds to the existing sanctions on Hamas and PIJ in their entirety. We have also used our new Iran sanctions powers to target Iranian financial support for Hamas. As the Foreign Secretary has said, our sanctions send a clear message that the UK is committed to ensuring there is no hiding place for those financing terrorist activities.

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