Al-Qard Al-Hassan is a Hezbollah-linked financial institution operating across Lebanon that functions as an interest-free lending association for Shia Muslim communities, particularly in the southern suburbs of Beirut known as Al Dahiya. Built on the Islamic finance principle of qard in Islamic banking — which prohibits interest and frames lending as an act of charity — Al-Qard Al-Hassan has grown from a small community fund into one of the most significant parallel financial systems in the Middle East. Western governments and international sanctions bodies classify Al-Qard Al-Hassan as a key…
Read MoreWhat Is Al-Qard Al-Hassan? Hezbollah’s Bank Explained
