Conflictfinance News

Hamas's Resilient Funding Amidst War with Israel

Despite facing relentless Israeli attacks, Hamas is expected to have a significant war chest due to its resilient and diverse finances. The group has established investments and income sources in various countries, including small businesses and real estate. Hamas also relies on an informal network of donations and has been supported by Iran, with estimates of annual contributions ranging from $70 million to $100 million. Qatar has pledged significant funding to Gaza, and while the international community funds UNRWA, cutting off Hamas completely is unlikely. The future of Hamas' finances will depend on the resolution of the Gaza conflict and who takes charge of providing for the refugees in the territory.