Skip to main content

Second US lawsuit hits Qatar National Bank over terrorist finances

A new lawsuit filed in the United States naming institutions tied to Qatar's royal family is seeking damages for victims of terrorist attacks in Israel
A picture taken on June 5, 2017 shows a man walking past the Qatar National Bank (QNB) branch in the Saudi capital Riyadh, following a severing of relations between major gulf states and gas-rich Qatar. - Arab nations including Saudi Arabia and Egypt cut ties with Qatar accusing it of supporting extremism, in the biggest diplomatic crisis to hit the region in years. (Photo by FAYEZ NURELDINE / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Family members of American victims of terrorist attacks in Israel have filed a lawsuit against top Qatari financial institutions that they allege are headed by members of the royal family.

A filing in the US District Court of Brooklyn yesterday alleged that Qatar Charity, Masraf Al Rayan Bank and Qatar National Bank knowingly facilitated financial activities of Palestinian Islamic Jihad and Hamas between 2015-2016. The latest suit was first reported by The Washington Post.

The litigants specifically accused Qatar Charity of funneling at least $28 million to the two terror groups, including payments to the families of “martyrs.” The suit also accuses Masraf Al Rayan Bank and Qatar National Bank of managing bank accounts for known terrorists, including Ahlam Aref Ahmad al-Tamimi, who facilitated the killing of 15 people in a 2001 suicide bombing at a Sbarro pizzeria in Jerusalem.

Tuesday’s is the second such case brought by US citizens this year. In June, a suit filed in US Federal Court by 51 plaintiffs targeted the three institutions, citing attacks on US citizens in Israel, including a 28-year-old former US Army captain killed in a 2016 stabbing attack in Jaffa.

Both cases are being filed under the US Anti-Terrorism Act, which allows US citizens to seek triple restitution from private institutions but not to sue government officials. However, Qatar Charity is chaired by royal family member Hamad bin Nasser al-Thani, and the country’s sovereign wealth fund, overseen by the royal family, reportedly has a 50% stake in Qatar National Bank. Masraf Al Rayan Bank's board is staffed by royal family members.

Regional neighbors have accused Qatar for years of supporting Islamist extremist groups and the Muslim Brotherhood. Saudi Arabia, Bahrain and Egypt cut diplomatic ties, trade and travel with the small Gulf nation in 2017, alleging Doha supported terrorism.

Qatari officials have denied charges of ties to terrorism and have billed the country’s financial support to Gaza as charity. The country’s Al Jazeera news channel has widely criticized autocratic regional governments such as Egypt’s.

Doha is a strategic partner of Washington and has drawn the praise of the Trump administration. The Gulf country hosts al-Udeid, the largest US military base in the Middle East and forward headquarters of US Central Command.

The Trump administration has been pushing Gulf countries and Egypt to resolve their dispute with Qatar amid efforts to shore up Arab Gulf cooperation in the face of Iran’s expanding influence in the region.

Officials in Saudi Arabia, Kuwait and now Egypt have signaled progress in ending their dispute with Qatar in recent weeks.

Join hundreds of Middle East professionals with Al-Monitor PRO.

Business and policy professionals use PRO to monitor the regional economy and improve their reports, memos and presentations. Try it for free and cancel anytime.

Free

The Middle East's Best Newsletters

Join over 50,000 readers who access our journalists dedicated newsletters, covering the top political, security, business and tech issues across the region each week.
Delivered straight to your inbox.

Free

What's included:
Our Expertise

Free newsletters available:

  • The Takeaway & Week in Review
  • Middle East Minute (AM)
  • Daily Briefing (PM)
  • Business & Tech Briefing
  • Security Briefing
  • Gulf Briefing
  • Israel Briefing
  • Palestine Briefing
  • Turkey Briefing
  • Iraq Briefing
Expert

Premium Membership

Join the Middle East's most notable experts for premium memos, trend reports, live video Q&A, and intimate in-person events, each detailing exclusive insights on business and geopolitical trends shaping the region.

$25.00 / month
billed annually

Become Member Start with 1-week free trial

We also offer team plans. Please send an email to pro.support@al-monitor.com and we'll onboard your team.

What's included:
Our Expertise AI-driven

Memos - premium analytical writing: actionable insights on markets and geopolitics.

Live Video Q&A - Hear from our top journalists and regional experts.

Special Events - Intimate in-person events with business & political VIPs.

Trend Reports - Deep dive analysis on market updates.

All premium Industry Newsletters - Monitor the Middle East's most important industries. Prioritize your target industries for weekly review:

  • Capital Markets & Private Equity
  • Venture Capital & Startups
  • Green Energy
  • Supply Chain
  • Sustainable Development
  • Leading Edge Technology
  • Oil & Gas
  • Real Estate & Construction
  • Banking

Start your PRO membership today.

Join the Middle East's top business and policy professionals to access exclusive PRO insights today.

Join Al-Monitor PRO Start with 1-week free trial