Hamas faces a severe financial setback as it lacks cash to pay its members, the Wall Street Journal reported on Thursday, citing Arab intelligence officials.
Israel’s discontinuing of humanitarian aid, which Hamas pilfered for monetary gains, and the IDF strikes targeting Hamas officials responsible for distributing funds have contributed to this trend, according to the officials.
Hamas also exploited the humanitarian aid to increase the flow of money, such as taxing merchants, collecting taxes, and using foreign cash to buy humanitarian aid, which was then sold in Gaza for a profit, according to Western, Israeli, and Arab officials, detailing the terror group’s financial web.
Funding is what has kept Hamas in business – the business of working toward its goal of destroying Israel. What a great day it will be to look forward to the time when the phrase “follow the money” no longer applies to Hamas. We trust that day will be very soon.