US Targets Muslim Brotherhood and Hamas Financial Networks with Fresh Sanctions
By Suman Munshi | IBG NEWS
Washington D.C., July 23, 2026: The United States has announced a new round of counterterrorism sanctions targeting individuals and organizations accused of supporting the financial operations of Hamas and affiliates linked to the Muslim Brotherhood (MB). The move is part of Washington’s ongoing efforts to disrupt international funding channels that allegedly facilitate terrorist activities.
According to a statement issued by U.S. State Department Spokesperson Thomas “Tommy” Pigott, the sanctions include a senior Egyptian Muslim Brotherhood official based in the United Kingdom, along with three individuals and three entities located outside Egypt. U.S. authorities allege that these persons and organizations provided material support to Hamas through financial and organizational networks.
The U.S. government stated that certain organizations have allegedly operated under charitable or humanitarian identities while using complex international financial networks to transfer funds intended to support terrorist activities. Officials said such structures are designed to conceal the origin and destination of money moving across multiple jurisdictions.
Washington emphasized that dismantling these financial networks remains a key component of its broader counterterrorism strategy. The latest measures are intended to disrupt the infrastructure that, according to U.S. authorities, enables Hamas and affiliated organizations to sustain their operations.
The sanctions have been imposed under Executive Order 13224, as amended, which authorizes the U.S. government to designate individuals and entities involved in terrorism or providing support to terrorist organizations. Designated persons and organizations are generally subject to asset freezes under U.S. jurisdiction, while U.S. persons are prohibited from engaging in transactions with them.
The U.S. Department of State noted that additional details regarding the sanctions and the designated individuals and entities have been released separately by the U.S. Department of the Treasury.
The announcement reflects Washington’s continued focus on combating terrorism financing through coordinated legal and financial measures aimed at disrupting global support networks.US Targets Muslim Brotherhood and Hamas Financial Networks with Fresh Sanctions
By Suman Munshi | IBG NEWS
Washington D.C., July 23, 2026: The United States has announced a new round of counterterrorism sanctions targeting individuals and organizations accused of supporting the financial operations of Hamas and affiliates linked to the Muslim Brotherhood (MB). The move is part of Washington’s ongoing efforts to disrupt international funding channels that allegedly facilitate terrorist activities.
According to a statement issued by U.S. State Department Spokesperson Thomas “Tommy” Pigott, the sanctions include a senior Egyptian Muslim Brotherhood official based in the United Kingdom, along with three individuals and three entities located outside Egypt. U.S. authorities allege that these persons and organizations provided material support to Hamas through financial and organizational networks.
The U.S. government stated that certain organizations have allegedly operated under charitable or humanitarian identities while using complex international financial networks to transfer funds intended to support terrorist activities. Officials said such structures are designed to conceal the origin and destination of money moving across multiple jurisdictions.
Washington emphasized that dismantling these financial networks remains a key component of its broader counterterrorism strategy. The latest measures are intended to disrupt the infrastructure that, according to U.S. authorities, enables Hamas and affiliated organizations to sustain their operations.
The sanctions have been imposed under Executive Order 13224, as amended, which authorizes the U.S. government to designate individuals and entities involved in terrorism or providing support to terrorist organizations. Designated persons and organizations are generally subject to asset freezes under U.S. jurisdiction, while U.S. persons are prohibited from engaging in transactions with them.
The U.S. Department of State noted that additional details regarding the sanctions and the designated individuals and entities have been released separately by the U.S. Department of the Treasury.
The announcement reflects Washington’s continued focus on combating terrorism financing through coordinated legal and financial measures aimed at disrupting global support networks.
