Regulatory Alerts2025-01-01
Circular No. 142/2025: Al-Mustaqbal Charity Association
The Palestine Monetary Authority issued Circular No. 142/2025 instructing all banks operating in Palestine to lift the freeze on the accounts of Al-Mustaqbal Charity Association (Registration No. 7696). This directive follows a request from the Ministry of Interior, which confirmed that the association has rectified its legal status and received official approval for its newly elected board of directors. Banks are required to execute these measures immediately and notify the association's representatives accordingly.
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