Al-Qard al-Hassan, bombed by Israel over it's Hezbollah links, is a lifeline for mainly Muslim Shiite communities battling a years-long financial crisis that has locked Lebanese out of their bank deposits. The financial firm, officially registered as a charity, has been offering customers credit in exchange for gold deposits on an interest-free basis since the 1980s.Its beneficiaries are mainly Shiite Muslims, but in a country where a five-year economic crisis has forced many into desperation, Christians and Sunni Muslims have also turned to its services.
Source: Al Monitor
Full Article: Hezbollah-linked financial firm an economic lifeline for Lebanese