Arabian Gulf

Lamis ELhadidy Reveals Secrets of Brotherhood Financing: Its relationship with Qatar is mutually beneficial


Lamis Elhadidy said that the issue of interconnected financing of the Brotherhood terrorist group is one of the terrorist group’s most important secrets in decades, noting that funding is the group’s most important instrument for achieving its goals and followed its program to broadcast ON, «KelmaAkhira»: The organization also has an armed branch whose members are almost unknown, and the rules governing funding and sources of funding have long been secret, and many leaders have not known about them. The sponsors of the Brothers had made themselves available to them in small numbers, from inside Khairat al-Chater and Hassan Malek, and from outside, Ibrahim Munir, Youssef Nada, Essam El-Haddad and Ibrahim al-Zayat, to manage the money on a global scale.

“While the Brotherhood’s funds come from member contributions and donations, the reality is that the bulk of the funding comes from large companies that are intertwined in various forms (Off Shore), which have expanded and extended over time to international support, then money laundering and suspicious activities,” she said.

“We will start from the time of British colonialism, when the group was first funded by Hassan el-Banna after its foundation and now ended up with generous Qatari funding and Turkish sponsorship,” she said.

“The Community’s sources of funding include members contributions of 8% of their income, to which 7% were added recently to the families of the convicted and imprisoned, and then donations from abroad, their businessmen, and zakat money,” she said. “The Brotherhood has decreed the need to pay zakat money to them, in addition to the Business Wing of the companies we mentioned and the money changers companies.”

Elhadidy said that the business sector has undergone a major boom with the establishment of al-Taqwa Bank, which was accused in the wake of the September 11 attacks. The bank was kept for a while before it changed its activities afterwards, in addition to another bank, “Akida,” which was founded by Idriss Nasreddine and was also accused of financing armed groups in addition to other banks and companies.”

She went on to explain that « most important were the Extraterritorial Societies , which had founded hundreds of companies, as well as associations and centers which had served as centers for Islamic research and studies, but had in fact raised funds from Muslims in Europe and throughout the world and reinvested in the activities of the » group.

“All of the above represented the terrorist group’s traditional sources of funding, but the shift occurred when the issue shifted from the past to Qatari funding,” she said. “In fact, previous traditional means of financing have only enabled the group to be present on the ground and to penetrate other parts of the world by providing services, but this has not brought them to power.”

“The relationship between the Muslim Brotherhood and Qatar started in the form of an exchange of benefits, whereby Doha wanted to have an arm through which to be present in different countries, until it found what it was doing in the terrorist Muslim Brotherhood in Europe and the region, and the second party, represented by the group, wanted to reach power,” she said.

Elhadidy revealed that Qatar had started to fund it via Britain and that it was an important base for him through various tools via the Qatar Charity Foundation and Al Rayan Bank, which is fully owned by Qatar and is now under the control of the British authorities. Elhadidy stressed that the Qatar Foundation has a very important role to play. « Whenever we see the name of the Qatar Charitable Foundation, there are large sums of money that are placed under the direct supervision of the ruling family since its foundation in 1992, where it was created under the pretext of providing emergency assistance to children victims of armed conflict, but was quickly transformed into support for terrorist groups such as militias in Syria and other parts of Sudan and elsewhere, any support for terrorism it receives is always associated with the Qatar » Foundation.

“This institution was directly accused of supporting terrorism not only in the Middle East but also in Europe,” she said. “We have a Qatari paper published last year that reveals Qatar’s role in financing the activities of the terrorist group in Egypt and the world.”

She pointed out that the book was famous for hundreds of documents, proof, and support that confirm the role of Qatar Charity in supporting terrorism and extremist armed movements in the world, and it is a clear cover for Qatar’s financing of the terrorist Muslim Brotherhood group in six European countries, namely France and Italy, during which it financed tens of projects for the Brotherhood abroad by hundreds of millions of euros.

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