Saied Slams Symbols of ‘Political Islam’ in Tunisia

Tunisia’s President Kais Saied. Reuters file photo
Tunisia’s President Kais Saied. Reuters file photo
TT
20

Saied Slams Symbols of ‘Political Islam’ in Tunisia

Tunisia’s President Kais Saied. Reuters file photo
Tunisia’s President Kais Saied. Reuters file photo

Tunisia’s President Kais Saied slammed on Tuesday representatives of “political Islam” in the country.

In an address to Tunisians on the occasion of the start of Ramadan, he hoped for an end to the coronavirus pandemic and to “political epidemics,” in an implicit reference to Islamists.

His comments raised question marks over the strategy he would adopt to confront his political rivals, mainly the Islamist Ennahda Party, which backs Prime Minister Hichem Mechichi.

According to observers, Saied changed his rhetoric towards the political parties that speak in the name of religion once he returned from his three-day visit to Cairo.

The opposition al-Amal party considered raising this issue in Egypt an attempt to allow foreign intervention in Tunisia’s internal affairs and a threat to the country’s national security.

The party stressed that political Islam shouldn’t be addressed “through attempts to internationalize or hinder the parliament’s work or obstruct the establishment of the Constitutional Court.”

It further affirmed its keenness to “bring down” representatives of political Islam in the country and introduce political change while respecting the constitution and resorting to polls.

The President had earlier described the political situation in Tunis as “painful,” stressing for a strong political determination to resolve it.

During his meeting with some members of the Tunisian community in Egypt, Saied pledged to find a solution.



Lebanon Bans Dealing with Hezbollah Financial Entity

A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
TT
20

Lebanon Bans Dealing with Hezbollah Financial Entity

A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo

Lebanon's central bank has banned banks and brokerages from dealing with a Hezbollah-affiliated financial institution, according to a circular, a sign of the group's diminished sway over state affairs since its devastating war with Israel.

Keeping up military pressure on the Iran-backed group, Israel on Tuesday launched some of its heaviest airstrikes since a ceasefire in November, saying it hit training camps and weapons depots in east Lebanon. A security source in Lebanon said 12 people were killed, five of them Hezbollah fighters, Reuters reported.

Hezbollah has faced mounting pressures since the war, including financial ones.

In the circular, dated July 14 and reviewed by Reuters, Banque du Liban prohibited all licensed financial institutions in Lebanon from dealing directly or indirectly with unlicensed entities and listed Hezbollah's Al-Qard Al-Hassan as an example.

The US Department of Treasury imposed sanctions on Al-Qard Al-Hassan in 2007, saying Hezbollah used it as a cover to manage "financial activities and gain access to the international financial system".

Bolstered by its powerful arsenal, Hezbollah had long exercised decisive influence over Lebanese state affairs, but it was unable to impose its will in the formation of a post-war government in February.

Al-Qard Al-Hassan, founded in 1983, describes itself as a charitable organisation which provides loans to people according to Islamic principles that forbid interest. Israel struck some of its branches during its war with Hezbollah last year.

Operating as a not-for-profit organisation under a licence granted by the Lebanese government, it has more than 30 branches, mostly in southern Lebanon and the Bekaa Valley.

SHADOW ECONOMY

A Lebanese official said the central bank move had been in the works for months, and reflected US pressure on Lebanon to take action against Hezbollah's financial wing.

Nassib Ghobril, chief economist at Byblos Bank, said Lebanese banks were already careful to avoid dealing with Al-Qard Al-Hassan because it is under US sanctions.

"The important point is that finally the authorities are addressing the shadow economy in Lebanon, which is the real problem," he said, adding that authorities had long failed to address its "toxic effects".

In June, the European Commission included Lebanon in an updated list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism.

Last year, global financial crime watchdog FATF placed Lebanon on its "grey list" of countries under special scrutiny.