The US Treasury Department has imposed sanctions on a Turkey-based company, El-Kahira for General Trading, and three individuals for allegedly facilitating financial transactions for Hamas. The Office of Foreign Assets Control (OFAC) claims the İstanbul-registered firm transferred hundreds of thousands of dollars through an underground banking network to support the group. These sanctions aim to disrupt Hamas’s financial infrastructure and cut off funding sources. The US government asserts this action underscores its commitment to combating terrorism financing globally. Further details regarding the three sanctioned individuals were not immediately available in the initial report. This move follows ongoing US efforts to tighten restrictions on entities perceived to be supporting Hamas activities. The Turkish Minute first reported the development.