Inside Hamas’s Financial Fortress: How It Thrives Beyond Borders

Aerial shot of traffic on the roads in a city.

Aerial shot of traffic on the roads in a city.

Gaza's Financial Heartbeat: Hamas's financial epicenter lies beyond Gaza, strategically spread across friendly nations, making it resilient against attacks

A still shot of pigeons sitting on wires in a city.

A still shot of pigeons sitting on wires in a city.

Global Investments Fuel Hamas: W ith over $500 million annually from international investments, Hamas's financial prowess remains robust, funding everything from missiles to construction projects

Slow-motion shot of a black, vintage car.

Slow-motion shot of a black, vintage car.

Cryptocurrency as a Shield: A surprising revelation—millions flow through crypto markets, enabling Hamas to bypass sanctions and keep its funds secure

Slow-motion shot of church windows near some tall trees.

Slow-motion shot of church windows near some tall trees.

Turkey: Hamas's Safe Haven: Istanbul, particularly favored by Hamas financiers, provides a sheltered space aided by Turkey's banking system and a booming crypto market

A still shot of pigeons sitting on wires in a city.

A still shot of pigeons sitting on wires in a city.

American Sanctions Dance: Despite multiple rounds of sanctions, Hamas cleverly maneuvers funds, with some passing through the world's largest crypto exchange, Binance

Still shot of a lit Christmas tree, and other Christmas lights, at night.

Still shot of a lit Christmas tree, and other Christmas lights, at night.

Financial Fog: Untangling Hamas's Web: Hamas hides its financial roots well, with companies strategically changing names, making it challenging for regulators to track and impose sanctions effectively.

Still shot of a lit Christmas tree, and other Christmas lights, at night.

Still shot of a lit Christmas tree, and other Christmas lights, at night.

Qatari Connection: While politicians prefer Doha, Qatar, as their base, financiers find refuge in Istanbul, supported by Turkey's president, Erdogan

Still shot of a lit Christmas tree, and other Christmas lights, at night.

Still shot of a lit Christmas tree, and other Christmas lights, at night.

Turkey's Silent Approval: Accusations abound that Turkey's banking giants knowingly store Hamas cash, subtly supporting the organization, with Erdogan's possible tacit approval.

A still shot of people walking in the middle of the city.

A still shot of people walking in the middle of the city.

Prospects Amidst Chaos: As Israel intensifies attacks on Gaza, there are whispers of potential collaboration between Erdogan's economic ministry and Hamas's finance office, posing risks of Hamas growing richer despite the conflict

A still shot of people walking in the middle of the city.

A still shot of people walking in the middle of the city.