TFTC Sanctions ISIS Financial Supporters
The Terrorist Financing Targeting Center, which includes the U.S., sanctioned four entities and two people for providing financial support to the Islamic State of Iraq and Syria, the Treasury Department said July 15. The TFTC -- which also includes Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates -- targeted companies that have offered the Islamic State a “critical financial and logistical lifeline,” Treasury said.
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The designations include three money service businesses -- al Haram Exchange, Tawasul Co. and al-Khalidi Exchange -- and the Afghanistan-based Nejaat Social Welfare Organization. TFTC also sanctioned Nejaat Director Sayed Habib Ahmad Khan and Abd-al-Rahman Ali Husayn al-Ahmad al-Rawi, the Islamic State’s “senior financial facilitator.” Treasury said five of the targets were previously sanctioned by the U.S.