A branch of al-Qard al-Hassan in the southern suburbs of Beirut, completely destroyed by strikes, on March 3, 2026. (Credit: Mohammad Yassine/L’Orient-Le Jour)
The al-Qard al-Hassan Foundation, a financial entity linked to Hezbollah and often described as one of its key instruments, has lost its ability to operate publically. After targeting the institution's branches during the 2024 war, Israel destroyed at least 12 of them two days ago, according to a cross-reference of strikes compiled by L’Orient-Le Jour. Among the 16 branches the organization announced it would reopen last December, some buildings remain standing but are no longer operational, with no clear indication of their future, our reporters observed on the ground. Field report After Israeli strikes, al-Qard al-Hassan's spared branches and neighbors 'scared to death' In other words, the microfinance institution — which allowed clients to deposit valuables (often gold jewelry) as collateral for small, interest-free loans...
The al-Qard al-Hassan Foundation, a financial entity linked to Hezbollah and often described as one of its key instruments, has lost its ability to operate publically. After targeting the institution's branches during the 2024 war, Israel destroyed at least 12 of them two days ago, according to a cross-reference of strikes compiled by L’Orient-Le Jour. Among the 16 branches the organization announced it would reopen last December, some buildings remain standing but are no longer operational, with no clear indication of their future, our reporters observed on the ground. Field report After Israeli strikes, al-Qard al-Hassan's spared branches and neighbors 'scared to death' In other words, the microfinance institution — which allowed clients to deposit valuables (often gold jewelry) as collateral for small, interest-free...
