Saudi Arabia blacklists six entities for funding Daesh

Saudi Arabia added six entities, including money transfer businesses, to aDaesh funding blacklist, state news agency SPAreported on Wednesday.

SPAsaid the list was established in consultation with the United States and Gulf neighbourswho are part of the Terrorist Financing Targeting Center (TFTC).

Several money transfer businesses were added to the list, including AlHaram Exchange, Tawasul Company, and AlKhalidi Exchange.

These businesses have played a vital role in transferring funds to support Syria-based Daesh fighters and have provided hundreds of thousands of dollars of liquidity to its terroristleadership, according to the TFTC