Mohammad Ali al Habbo

QDi.429
Mohammad Ali al Habbo
Date on which the narrative summary became available on the Committee's website: 
17 June 2021
Reason for listing: 

Mohammad Ali al Habbo was listed on 17 June 2021 pursuant to paragraphs 2 and 4 of resolution 2368 (2017) as being associated with ISIL or Al-Qaida for “participating in the financing, planning, facilitating, preparing, or perpetrating of acts or activities by, in conjunction with, under the name of, on behalf of, or in support of” Islamic State in Iraq and the Levant, listed as Al-Qaida in Iraq (QDe.115).

Additional information: 

Mohammad Ali al Habbo is a Syrian businessman at the head of the “al Khaldi” currency exchange network operating in the Syrian Arab Republic and Turkey. The network was particularly active at the time when Raqqa was designated as the “capital” of the Islamic State in Iraq and the Levant (ISIL), listed as Al-Qaida in Iraq (QDe.115).  During that period, Mohammad Ali al Habbo was able to channel via the “al Khaldi” network $2-3 million on a monthly basis from the territory held by ISIL to Turkey. 

The “al Khaldi” currency exchange network is also the main means through which foreign terrorist fighters located in the Syrian Arab Republic receive international transfers of funds over $1,000.  

Located in Turkey since 2016, Mohammad Ali al Habbo continues to pose a threat as he remains actively engaged in support of ISIL. In March 2017, he assisted Salim Mustafa Muhammad al-Mansur (QDi.411) in channelling $1 million out of Raqqa.