Inside Hamas’s sprawling financial empire
Why Israel is powerless to dismantle the group’s finances
Viewed from one of Istanbul’s glitziest restaurants, the Bosporus looks sublime. The venue is a favoured haunt of mandarins, businessmen, minor celebrities—and Hamas’s financiers. A man on whom America has imposed sanctions for funding the Islamist group describes his various board seats. “It’s ridiculous,” he says of America’s accusation. Eventually, though, comes an admission. “Now, if you’re asking what our employees do with their own money, why would I know?”
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This article appeared in the Finance & economics section of the print edition under the headline “The sinews of war”
Finance & economics November 25th 2023
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