How Hamas funds its $1 billion war chest

Featured in Channel 4 News

Hamas Financing


Iran is thought to support Hamas financially to the tune of 100 million dollars a year. But most of the one billion dollar war chest the group is thought to have accumulated, comes from investments. From tower blocks in Turkey to copper mines in Sudan, Hamas’ financial network spreads far and wide, carefully constructed to avoid Western sanctions. And some of it could also be hiding in London. Tom Keatinge, Director of the Centre for Financial Crime and Security Studies at RUSI comments.