In a significant move against the financial backbone of Hamas, the Israel Defense Forces (IDF) and the Israel Security Agency (ISA) successfully carried out a targeted operation resulting in the elimination of Subhi Ferwana, a key financier of the Hamas terrorist organization. This operation, conducted on December 19, 2023, marks a critical step in disrupting the flow of funds to Hamas, particularly to its military wing.

Subhi Ferwana, along with his brother, operated the money exchange company "Hamsat," which played a pivotal role in funneling tens of millions of dollars to Hamas in the Gaza Strip. These funds were instrumental in bolstering the military capabilities of Hamas, including the intensification of military forces, payment of terrorists' salaries, and financing of their war activities.

The operation, executed in Rafah in the Gaza Strip, saw Ferwana targeted by an IAF fighter jet, guided by precise intelligence from the IDF and ISA. Ferwana's role as a financier was not just limited to monetary transactions; he was deeply involved in the strategic allocation of these funds, ensuring they reached the military wing of Hamas as required, especially during times of conflict.

Hamas relies heavily on financiers like Ferwana to receive funds from Iran and various fundraising sources abroad. These money changers utilize methods such as netting and money laundering to evade the international financial system, thereby sustaining the terrorist organization's activities.

The successful operation against Ferwana is a testament to the ongoing efforts of the IDF, ISA, and other security forces to dismantle the financial networks that support Hamas. By targeting the financial infrastructure of terrorist organizations, Israel aims to weaken their operational capabilities and bring a halt to their activities that threaten peace and security in the region.

This decisive action reaffirms Israel's commitment to combating terrorism in all its forms and ensuring the safety and security of its citizens. The IDF, ISA, and other security forces remain vigilant and dedicated to disrupting and dismantling the financial lifelines that fuel terrorist activities.

Dajobnik Team,

Am Israel Chai.

Tagged: Israel News