How much money does Hamas receive?

With backup

• Hamas is estimated to generate $350 million to $630 million per year through taxation, tariffs, fees and goods in Gaza alone. The National+2EL PAÍS English+2

• In a specific time-window, crypto analytics indicate Hamas received about $41 million between August 2021 and June 2023 via cryptocurrency sources. GlobalSecurity+1

• According to a source cited by analysts, Hamas collected about $700 million in donations during a particular Israeli military operation in Gaza, though this figure is contested. The Times of Israel

• The U.S. Department of the Treasury estimated that as of early 2024, Hamas may have been receiving as much as $10 million per month via front charities. U.S. Department of the Treasury

• One source states that Hamas had an investment portfolio worth more than $500 million in assets (real estate, companies) outside Gaza. The National+1

---

🔍 How was the money used (and not used) for Gazans?

• According to an analysis by the Israel Defense Forces (IDF), Hamas allocates about 55% of its budget toward military needs, while less than 5% is spent on the rehabilitation of Gaza’s population. IDF

• Hamas is reported to levy heavy taxes on goods, impose tariffs on imports/aid, and control aid delivery to derive revenue. IDF+1

• It has been documented that Hamas “exploits humanitarian aid” entering Gaza — for example, charging protection fees for trucks, selling diverted supplies, etc. AIJAC+1

• Some reports indicate that Gazans often do not receive much of the aid or resources intended for them — the funds or goods are being diverted or taxed by Hamas. IDF

✅ Countries / States

• Iran: One of the largest backers of Hamas. Reports say Iran provides about $70-100 million annually for Hamas and partner organisations. Council on Foreign Relations+3The National+3The Times of Israel+3

• Qatar: Has provided substantial aid to Gaza — some of which ends up under Hamas’s administration. For example, reports say Qatar has transferred over $1.8 billion over years and pays monthly cash to needy Gazan families. Wikipedia+2The National+2

• Turkey: Identified by sources as a supporter of Hamas’s access to funds, with alleged role in funding and logistics. The National+1

• European Union and various European states: They have funded social-aid programmes in Gaza (via the Gaza administration) which critics say end up benefiting Hamas indirectly. For example, in 2023 the EU, France, Spain provided cash allowances with the Gaza ministry of social development (which is Hamas-controlled). ngomonitor

⚠️ NGOs / Charity Networks

• Interpal (UK based): Alleged to have channelled funds to Hamas-linked entities. U.S. Department of the Treasury+1

• Union of Good (Saudi-based umbrella of charities): Reported to funnel money to Hamas organisations. Wikipedia

• Filistin Vakfi (Turkey), El Baraka Association for Charitable and Humanitarian Work (Algeria): Identified by U.S. Treasury as part of network funding Hamas under humanitarian guise. FDD

By: Teresa Morin, Truth News