U.S., Gulf nations issue sanctions on 6 targets for ties to Islamic State

Reuters |
Published: 07.15.20 , 18:00
The United States and six Gulf countries on Wednesday imposed sanctions on six targets, accusing them of being affiliated with Islamic State, the U.S. Treasury Department said in a statement.
The Treasury said the Terrorist Financing Targeting Center (TFTC) - which also include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates - blacklisted three entities and an individual in Turkey and Syria.
The Treasury accused money services businesses, which include al-Haram Exchange, Tawasul Company, and al-Khalidi Exchange, of having "played a vital role in transferring funds to support Syria-based ISIS fighters and ... provided hundreds of thousands of dollars of liquidity to ISIS leadership."