Treasury Disrupts Muslim Brotherhood and Hamas Financial Networks

WASHINGTON—Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated a senior Egyptian Muslim Brotherhood (EMB) official, along with three individuals and three entities that have provided material support to Hamas, an offshoot of the Muslim Brotherhood. Two of the designated entities are sham charities tied to the Muslim Brotherhood that funneled substantial funding to Hamas’s military wing, even as the terrorist organization continues to obstruct a peaceful resolution in Gaza. “The Trump Administration will relentlessly pursue terrorists and those who finance them,” said Secretary of the Treasury Scott Bessent. “Whether operating under the guise of charities, businesses, or underground financial networks, those who enable Hamas will be exposed, sanctioned, and held accountable.”Today’s action further exposes a multi‑layered typology in which Muslim Brotherhood affiliates and Hamas‑directed front organizations operate transnational fundraising channels, using charitable facades and underground banking networks to move and disguise funds across jurisdictions.Today’s sanctions build on OFAC’s prior actions against Hamas and the Muslim