IDF Says It Killed Two Hamas Operatives Behind Vast Cash Network

The IDF said Sunday that it killed two senior Hamas operatives, Hussain Kadra and Mohammed Fara, in a strike carried out last week in the southern Gaza Strip. According to the military, the pair helped run the network that transferred money to Hamas’s military wing, cutting a major financial artery for the group.

Kadra was identified as the head of the network, which the IDF said operated under direct Hamas leadership. Together with Fara and others, he managed an extensive system of couriers and money changers in Turkey and Gaza that moved more than 500 million shekels to Hamas’s armed wing.

The IDF said the network was sophisticated, using dozens of couriers and exchangers to move cash and other funds through alternative channels designed to bypass banking systems and international oversight. The money helped fund Hamas’s ongoing activity against IDF forces and Israeli civilians. Military officials also said Hamas continued paying salaries and financing military activity after the ceasefire took effect, in clear violation of the agreement.

Security sources said killing the heads of the financial infrastructure would seriously hinder Hamas’s ability to keep financing its operations. The strike was part of a broader campaign against Hamas funding networks. In recent months, the IDF said it exposed several attempts to smuggle terror money, including about 12 million shekels seized at the Allenby Crossing. The army said Southern Command forces remain deployed in the area under the ceasefire deal and are working to remove threats to Israeli forces and civilians.