The Al-Qard Al-Hasan Association, known as Hezbollah's primary financial institution and funding channel, has restarted its activities as of Saturday, according to a report from the Saudi-backed Al-Arabiya network.

Despite the Israel Defense Forces striking 30 branches of the organization amid recent hostilities, the outlet noted that the facility in Beirut's Haret Khreik area - located in the southern Dahiyya district - is back in operation.

The group also reached out to Lebanese authorities seeking permission to function, an activity that had been prohibited in Lebanon throughout the Israel-Hezbollah conflict.

Officials near Lebanon's Interior Ministry indicated they lacked formal paperwork from the Central Bank or judicial bodies to move against the association. Even so, they revoked its licenses proactively at the start of 2026.

Lebanon's Restrictions on Al-Qard Al-Hasan

Lebanon's Central Bank imposed a prohibition in July 2025, directing all domestic financial entities to halt dealings with Al-Qard Al-Hasan under pressure from the United States. The organization has faced American sanctions since 2007.

The Central Bank clarified that it did not outright ban the association but merely advised commercial banks to avoid transactions with it.

Lawyer Majid Harb, who once lodged a legal challenge against Al-Qard Al-Hasan, condemned the Lebanese government, stating that "a pattern of compromise and institutional dread of Hezbollah has led to this point, where the group's growth harms Lebanon's banking credibility."

Hezbollah maintains that its affiliate's services never fully ceased during the war, instead shifting to an alternative system to meet public financial needs amid the crisis.