Al-Aqsa Islamic Bank was established by Hamas in the Palestinian territories in 1997 to serve as the financial arm of that organization. It laundered and transferred money on behalf of Hamas, which the United States has designated a terrorist organization, until US authorities froze its assets in 2001. Its operating licence was revoked in 2010. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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1. Al-Aqsa Islamic Bank (Wikipedia)
Lead section, first sentence
Al-Aqsa Islamic Bank was established by Hamas in the Palestinian territories in 1997 to serve as the organization's financial arm.
In Group: Public, Colonial and Chartered Banks, Lead
Al-Aqsa Islamic Bank was established by Hamas in the Palestinian territories in 1997 to serve as the organization's financial arm.
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