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[Ha'aretz] Avi Issacharoff - Since the beginning of the year, the PA has systematically installed new managements at West Bank charities formerly linked to Hamas, transferring the charities' assets to the PA. As a result, Hamas has dramatically reduced its money transfers to these charities. In addition, the PA has appointed its own religious leaders to the Waqf Islamic religious trust, which was previously run by clerics identified with the Muslim Brotherhood, Hamas' parent movement. This change has also forced Hamas to stem the flow of money to charities it once funded. The global economic downturn has also slowed the money flow, as major donors in the Persian Gulf have transferred smaller amounts to Hamas. 2008-11-17 08:00:00Full Article
PA Crackdown Has Reduced Hamas Financial Power in West Bank
[Ha'aretz] Avi Issacharoff - Since the beginning of the year, the PA has systematically installed new managements at West Bank charities formerly linked to Hamas, transferring the charities' assets to the PA. As a result, Hamas has dramatically reduced its money transfers to these charities. In addition, the PA has appointed its own religious leaders to the Waqf Islamic religious trust, which was previously run by clerics identified with the Muslim Brotherhood, Hamas' parent movement. This change has also forced Hamas to stem the flow of money to charities it once funded. The global economic downturn has also slowed the money flow, as major donors in the Persian Gulf have transferred smaller amounts to Hamas. 2008-11-17 08:00:00Full Article
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