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Hezbollah’s Qard al-Hasan Halts Payouts: Technical Issues or Cash Crunch?

A statue of the late Iranian Quds Force commander Qasem Soleimani stands in front of a Qard al-Hasan center targeted by Israeli airstrikes (Asharq Al-Awsat)
A statue of the late Iranian Quds Force commander Qasem Soleimani stands in front of a Qard al-Hasan center targeted by Israeli airstrikes (Asharq Al-Awsat)
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Hezbollah’s Qard al-Hasan Halts Payouts: Technical Issues or Cash Crunch?

A statue of the late Iranian Quds Force commander Qasem Soleimani stands in front of a Qard al-Hasan center targeted by Israeli airstrikes (Asharq Al-Awsat)
A statue of the late Iranian Quds Force commander Qasem Soleimani stands in front of a Qard al-Hasan center targeted by Israeli airstrikes (Asharq Al-Awsat)

The Qard al-Hasan in Lebanon, widely regarded as Hezbollah’s de facto central bank, has suspended payments for housing displaced individuals and repairing partially damaged homes due to war with Israel.

The suspension will remain in effect until February 10, with the association citing “technical reasons” for the decision. However, it stated that its other financial services—such as loan disbursements, withdrawals, deposits, and other transactions—will continue as usual.

Observers attribute the move to Hezbollah’s mounting financial losses amid the conflict, as Israel has successfully targeted and destroyed most of Qard al-Hasan’s branches, offices, and vaults, wiping out significant sums of cash and jewelry stored within them.

The scale of the losses has left Hezbollah financially strained, making it unable to cover compensation costs—unlike its response following the 2006 war.

A source familiar with Hezbollah’s internal discussions said the group is facing a severe cash shortage, preventing it from covering rent and home repair costs for displaced families.

Speaking to Asharq Al-Awsat, the source said Hezbollah had promised to provide housing aid for a year but underestimated the scale of destruction and the number of affected families, making the financial burden too great to handle.

After the ceasefire, Hezbollah announced that Qard al-Hasan would pay each affected family $14,000—$8,000 as a one-time furniture allowance and $6,000 for a year’s rent in Beirut. Families in the south, Bekaa, and other areas were promised $4,000 for rent.

The source, who declined to be named, revealed that Iran sent Hezbollah about $1 billion after the ceasefire, but the funds have already run out. With no cash left, Hezbollah is now searching for new funding sources.

He also questioned Qard al-Hasan’s explanation that “technical reasons” were behind the suspension of payments while other financial services continued. There are growing fears, he warned, that Hezbollah could dip into public deposits to cover compensation.

The group is also looking to restore supply routes from Iran, the source added, as Lebanese authorities have tightened controls at Beirut’s airport and port, blocking Hezbollah’s unchecked shipments.

 

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Arab World

Tetteh: Despite UN Engagement, No Progress in Libya Roadmap

Head of the United Nations Support Mission in Libya Hanna Tetteh Getty)
Head of the United Nations Support Mission in Libya Hanna Tetteh Getty)
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Tetteh: Despite UN Engagement, No Progress in Libya Roadmap

Head of the United Nations Support Mission in Libya Hanna Tetteh Getty)
Head of the United Nations Support Mission in Libya Hanna Tetteh Getty)

The UN’s top envoy for Libya, Hanna Tetteh, has informed the Security Council that despite active United Nations engagement, the Libyan House of Representatives and the High Council of State have failed to make progress on the first steps of the agreed political roadmap, including establishing a mechanism to select the board of the High National Elections Commission (HNEC) and advancing electoral legislation.

Briefing the Council in New York on Wednesday, the Special Representative of the Secretary-General said: “Their inability to use their agreed mechanism and follow-on unilateral actions has further eroded their credibility."

Tetteh added that Libyan public perceptions reflect a growing belief that the bodies are “unable or unwilling” to deliver.

She told Council members that she has begun consultations with key actors on an alternative two-step approach aimed at restoring momentum. Should a smaller group of Libyan representatives fail to agree on the roadmap’s milestones, she warned, a broader convening would be required. “We cannot wait indefinitely,” she emphasized.

The UN envoy also issued a stark warning about escalating tensions within Libya’s judicial system.

She said “contradictory, parallel judicial decisions put into jeopardy the unity of the legal and judicial systems,” cautioning that the situation “is a red line that if crossed can undermine the unity of the state.”

She urged Libyan leaders to refrain from further escalatory steps and called on the Council to hold accountable those taking actions that threaten to fracture the judiciary.

Tetteh also warned that transnational criminal networks continue to expand, turning Libya into a major transit hub for drug trafficking and sustaining illicit economies linked to corruption and armed groups.

Arab World

Damascus, in Cooperation with Baghdad, Foils Plot to Smuggle Drugs Abroad

Quantities of Captagon prepared for smuggling abroad- SANA
Quantities of Captagon prepared for smuggling abroad- SANA
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Damascus, in Cooperation with Baghdad, Foils Plot to Smuggle Drugs Abroad

Quantities of Captagon prepared for smuggling abroad- SANA
Quantities of Captagon prepared for smuggling abroad- SANA

Syrian authorities said they have thwarted an attempt to smuggle a large shipment of drugs out of the country.

The Syrian Narcotics Directorate said on Wednesday it seized approximately 400,000 captagon pills, weighing about 65 kilograms, during an operation in Homs province in central Syria.

The drugs would have been smuggled to other countries, the Syrian Arab News Agency (SANA) reported. Two suspects were arrested on suspicion of managing a drug-trafficking network operating across borders.

The operation was carried out in coordination with Iraq’s General Directorate for Narcotics and Psychotropic Substances Control, SANA quoted a Syrian Interior Ministry statement as saying.

Earlier this month, the Syrian Narcotics Directorate conducted a joint security operation with the Iraqi authorities targeting an international drug-trafficking network, and seizing about 300,000 Captagon pills. Two people were also arrested.

Arab World

How Gaza Armed Gangs Recruit New Members

Security personnel guard trucks carrying aid as they arrive in Rafah, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in the southern Gaza Strip January 17, 2024. (Reuters)
Security personnel guard trucks carrying aid as they arrive in Rafah, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in the southern Gaza Strip January 17, 2024. (Reuters)
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How Gaza Armed Gangs Recruit New Members

Security personnel guard trucks carrying aid as they arrive in Rafah, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in the southern Gaza Strip January 17, 2024. (Reuters)
Security personnel guard trucks carrying aid as they arrive in Rafah, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in the southern Gaza Strip January 17, 2024. (Reuters)

As Hamas moves to strike armed gangs operating in areas of the Gaza Strip under Israeli army control, the groups are responding with defiance, stepping up efforts to recruit young men and expand their ranks.

Videos posted on social media show training exercises and other activities, signaling that the gangs remain active despite pressure from Hamas security services.

Platforms affiliated with Hamas security say some members have recently turned themselves in following mediation by families, clans and community leaders. The gangs have not responded to those statements. Instead, they occasionally broadcast footage announcing new recruits.

Among the most prominent was Hamza Mahra, a Hamas activist who appeared weeks ago in a video released by the Shawqi Abu Nasira gang, which operates north of Khan Younis and east of Deir al-Balah.

Mahra’s appearance has raised questions about how these groups recruit members inside the enclave.

Field sources and others within the security apparatus of a Palestinian armed faction in Gaza told Asharq Al-Awsat that Mahra’s case may be an exception. They described him as a Hamas activist with no major role, despite his grandfather being among the founders of Hamas in Jabalia.

His decision to join the gang was driven by personal reasons linked to a family dispute, they said, not by organizational considerations.

The sources said the gangs exploit severe economic hardship, luring some young men with money, cigarettes and other incentives. Some recruits were heavily indebted and fled to gang-controlled areas to avoid repaying creditors.

Others joined in search of narcotic pills, the sources said, noting that some had previously been detained by Hamas-run security forces on similar charges. Economic hardship and the need for cigarettes and drugs were among the main drivers of recruitment, they added, saying the gangs, with Israeli backing, provide such supplies.

Resentment toward Hamas has also played a role, particularly among those previously arrested on criminal or security grounds and subjected to what the sources described as limited torture during interrogations under established procedures.

According to the sources, some founders or current leaders of the gangs previously served in the Palestinian Authority security services.

They cited Shawqi Abu Nasira, a senior police officer; Hussam al-Astal, an officer in the Preventive Security Service; and Rami Helles and Ashraf al-Mansi, both former officers in the Palestinian Presidential Guard.

These figures, the sources said, approach young men in need and at times succeed in recruiting them by promising help in settling debts and providing cigarettes. They also tell recruits that joining will secure them a future role in security forces that would later govern Gaza.

The sources described the case of a young man who surrendered to Gaza security services last week. He said he had been pressured after a phone call with a woman who threatened to publish the recording unless he joined one of the gangs.

He later received assurances from another contact that he would help repay some of his debts and ultimately agreed to enlist.

During questioning, he said the leader of the gang he joined east of Gaza City repeatedly assured recruits they would be “part of the structure of any Palestinian security force that will rule the sector.”

The young man told investigators he was unconvinced by those assurances, as were dozens of others in the same group.

Investigations of several individuals who surrendered, along with field data, indicate the gangs have carried out armed missions on behalf of the Israeli army, including locating tunnels. That has led to ambushes by Palestinian factions.

In the past week, clashes in the Zaytoun neighborhood south of Gaza City and near al-Masdar east of Deir al-Balah left gang members dead and wounded.

Some investigations also found that the gangs recruited young men previously involved in looting humanitarian aid.