Institution profile
Al-Huda Bank
Type
Islamic
Auction standing
Banned and sanctioned 2024
Founded
2008
Dollars received
BUnder investigationLast checked 2026-08-01
Per-bank allocation data has not been published in a verifiable form. This figure remains open.
Ownership
DOwner and chairman: Hamad al-Moussawi, designated by US OFAC Jan 2024. FinCEN Section 311 finding: primary money laundering concern. Treasury says bank used forged documents for at least $6bn in wire transfers
Source: US Treasury / FinCEN / OCCRP