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HEZBOLLAH FINANCING

Hezbollah’s parallel economy amid war: A colossus with feet of clay?

Faced with its glaring difficulties in helping its base, Hezbollah Amal have already begun to turn more and more ostentatiously to the state.

Hezbollah’s parallel economy amid war: A colossus with feet of clay?

An al-Qard al-Hassan branch in Beirut. (Archive photo Le Commerce du Levant)

The Israeli assassination of Hezbollah Secretary-General Hassan Nasrallah on Sept. 27, and the wider Israeli offensive in Lebanon, inflicted a series of historic blows on the organization, stripping it not only of its charismatic leader but also of most of its military leadership, part of its communications system and a whole series of arms depots and other strategic facilities. But if the colossal damage inflicted on the militia’s military and security apparatus and infrastructure is the most obvious, Hezbollah must also deal with the consequences of the conflict on its vast network of economic and social institutions in the country.“Israeli bombardments also hit supply centers, logistic infrastructures, warehouses and workshops affiliated to Hezbollah in several localities in southern Lebanon, Beirut’s southern suburb and...
The Israeli assassination of Hezbollah Secretary-General Hassan Nasrallah on Sept. 27, and the wider Israeli offensive in Lebanon, inflicted a series of historic blows on the organization, stripping it not only of its charismatic leader but also of most of its military leadership, part of its communications system and a whole series of arms depots and other strategic facilities. But if the colossal damage inflicted on the militia’s military and security apparatus and infrastructure is the most obvious, Hezbollah must also deal with the consequences of the conflict on its vast network of economic and social institutions in the country.“Israeli bombardments also hit supply centers, logistic infrastructures, warehouses and workshops affiliated to Hezbollah in several localities in southern Lebanon, Beirut’s southern suburb and...
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