Today (Wednesday), Saudi Arabia announced the designation of the “Al-Qard Al-Hassan” Association in Lebanon as a terrorist entity. It is linked to activities in support of the terrorist organization Hezbollah, as it manages its funds and financing, including supporting military purposes.
The Presidency of State Security affirmed, in a statement, that Saudi Arabia will continue to work to combat the terrorist activities of the Hezbollah terrorist organization, and to coordinate with international brothers and friends; To target the sources of financial support for the organization, whether they are individuals or entities, to limit its terrorist and criminal activities around the world.
According to the system of combating terrorism crimes and its financing, the Presidency of State Security clarified that all assets of the association inside Saudi Arabia must be frozen, and it is prohibited to carry out any direct or indirect dealings with it or for its benefit, by financial institutions, designated non-financial professions and businesses and all legal and natural persons.
And she stressed that legal measures will be taken against anyone whose relationship with the above association, or those in charge of it, is proven.