Al Taqwa Bank

Al Taqwa Bank
Founded1988

The Al Taqwa Bank (occasionally Bank al Taqwa or simply Al Taqwa[1]) is a financial institution incorporated in 1988. It is based out of The Bahamas, Switzerland, and Liechtenstein. The Bank was accused by the United States of having links to Islamist terror organizations, alleging that it was a major source of funds for the operations of Osama bin Laden and his associates. Al Taqwa bank was subsequently placed on a list of entities and individuals associated with Al Qaeda that is maintained by the UN Security Council. On August 2, 2010, the bank was removed from the list.[2][3] None of the key individuals affiliated with the bank have ever been charged of any crime, whether by the United States or any other government.

  1. ^ Newsweek. (2001). "Attacking the Money Machine"[dead link] . MSNBC.com. Retrieved February 14, 2007.
  2. ^ "10 Taliban taken off UN terror list". Archived from the original on 2012-03-18. Retrieved 2010-08-05.
  3. ^ "Consolidated List". Archived from the original on 2010-03-06. Retrieved 2017-06-28.