Al-Qard Al-Hasan Association Resumes Operations in Beirut
The Al-Qard Al-Hasan Association, described as Hezbollah's main funding source, has resumed activities at a branch in Beirut's Haret Khreik neighborhood. Saudi-owned Al-Arabiya network reported the resumption occurred despite Israeli strikes that targeted 30 of the organization's branches during recent clashes. The development follows a 10-day ceasefire between Lebanon and Israel.
The Al-Qard Al-Hasan Association has resumed operations at one of its branches in Beirut, according to a report by Saudi-owned Al-Arabiya network. The group, which functions as Hezbollah's primary bank and funding mechanism, restarted activities at its location in the Haret Khreik neighborhood in the southern suburbs of Beirut.
Al-Arabiya reported that the resumption took place even after Israeli forces struck 30 branches of the association during the recent fighting. The strikes occurred in the period leading up to a ceasefire agreement between Lebanon and Israel that took effect after 10 days of conflict.
Photographs from the area showed displaced residents returning to their homes in Beirut's southern suburbs following the ceasefire. One image captured a person on a scooter carrying a flag bearing an image of Hezbollah leader Naim Qassem amid the returns.
The association's ability to resume work at the Haret Khreik site comes as the broader situation in Lebanon remains fluid after the fighting. No further details were provided on the operational scale or services currently offered at the reopened branch.
The report from Al-Arabiya highlights the challenges in fully disrupting the group's financial activities despite targeted actions against multiple sites.
Key Facts
Story Timeline
3 events- 2026-05-09
Al-Arabiya reports Al-Qard Al-Hasan resumed operations in Beirut.
1 source@Jerusalem_Post - Recent weeks
IDF targeted 30 branches of the association during clashes.
1 source@Jerusalem_Post - After 10-day period
Ceasefire between Lebanon and Israel went into effect.
1 source@Jerusalem_Post
Potential Impact
- 01
Returns of displaced residents to southern Beirut suburbs continue after the ceasefire.
- 02
Resumption allows the association to potentially restore financial services linked to Hezbollah in Beirut.
- 03
The reopening may prompt further monitoring or actions by Israeli forces against the group.
- 04
Financial operations of the association could expand to additional branches over time.
Transparency Panel
Related Stories
Substrate placeholder — needs reviewFrontier Airlines Flight Strikes Pedestrian on Denver Runway During Takeoff
A Frontier Airlines Airbus A321 bound for Los Angeles struck a person on a runway at Denver International Airport late Friday night, forcing pilots to abort takeoff. The plane experienced a brief engine fire that was quickly extinguished as all 231 people on board evacuated safel…
tass.comEight Hantavirus Cases Confirmed on MV Hondius Cruise, Three Fatal
Health officials have confirmed eight cases of Andes hantavirus tied to an expedition cruise aboard the MV Hondius, with three deaths reported. The World Health Organization assesses the broader public health risk as low. An epidemiologist highlighted rapid spread of misinformati…
Le MondeFour Men Convicted in Miami of Conspiring in 2021 Killing of Haitian President Jovenel Moïse
A federal jury in Miami convicted Arcangel Pretel Ortiz, Antonio Intriago, Walter Veintemilla and James Solages on multiple charges tied to the plot that killed Moise. The men, linked to a Florida-based security firm, face possible life sentences with sentencing scheduled for a l…