Regulatory Alerts2025-01-01
Circular No. 141/2025: Freezing Bank Accounts of Al-Yafa Youth Center Charitable Association
The Palestine Monetary Authority issued Circular No. 141/2025 to all banks operating in Palestine, instructing them to freeze all bank accounts of the Al-Yafa Youth Center Charitable Association. This directive follows a request from the Ministry of Interior's General Administration of Non-Governmental Organizations and Public Affairs due to the association's need to regularize its status. The freeze remains in effect until the association submits an approved new board of directors to the Ministry.
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[Palestine Monetary Authority Logo]
Palestine Monetary Authority PALESTINE MONETARY AUTHORITY
Circular No. (141/2025) To all banks operating in Palestine Date: Sunday, November 02, 2025
Subject: Al-Yafa Youth Center Charitable Association
Attached is a copy of the letter from Mr. Ishtar Helana - Director General of the General Administration of Non-Governmental Organizations and Public Affairs at the Ministry of Interior, No. (11058), regarding the request to freeze all bank accounts of the Al-Yafa Youth Center Charitable Association registered with the Ministry under Number (GA-1209-S), pending the association's rectification of its status in accordance with regulations.
Accordingly, necessary measures are requested for implementation.
Supervisory Group Palestine Monetary Authority
Copy: Honorable Ministry of Interior.
www.pma.ps Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 - Ramallah & Al-Bireh Governorate Postal code: 6160675 | Phone: +970 2 2415251 | Fax: +970 2 2415310 | info@pma.ps
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[State of Palestine Logo] State Of Palestine Ministry Of Interior State of Palestine Ministry of Interior
[Logo of Jerusalem as Capital of Islamic Culture]
Dear Mr. Muhammad Munassarah Deputy Governor of the Palestine Monetary Authority Greetings,
[Stamp: State of Palestine - Ministry of Interior - Diwan - 28-10-2025 - Issued: 11058]
Subject: Al-Yafa Youth Center Charitable Association - GA-1209-S/Gaza
The General Administration of Non-Governmental Organizations and Public Affairs at the Ministry of Interior extends its warmest greetings. With reference to the above subject, please proceed to freeze all bank accounts of the aforementioned association, pending our provision of approval for a new board of directors for the association, after the association has rectified its status.
Accept our highest respect,
Ishtar Helana Director General of the General Administration of Non-Governmental Organizations and Public Affairs
[Stamp: State of Palestine - Ministry of Interior - General Administration of Non-Governmental Organizations]
Copy: - S + A Copy: - The Diwan.