2026-20525NoticeWallet

OFAC Freezes Assets of New Hamas-Linked Targets

Published Date: 10/7/2026

Notice

Summary

The U.S. Treasury’s OFAC just blocked the property of Faouzi Barika and others linked to Hamas, making it illegal for Americans to do business with them. This action, effective October 2, 2026, freezes their assets under U.S. law to stop support for terrorism. If you’re a U.S. person, watch out—any dealings with these folks are off-limits and could have serious consequences.

Analyzed Economic Effects

3 provisions identified: 0 benefits, 3 costs, 0 mixed.

Named persons' U.S. assets blocked

On October 2, 2026, OFAC blocked all property and interests in property subject to U.S. jurisdiction of the named persons, including BARIKA, Faouzi; OUALID, Amel; ASSOCIATION BARAKA; and ENSEMBLE C MIEUX. That means any assets these listed individuals or organizations have under U.S. jurisdiction are frozen under Executive Order 13224, as amended.

U.S. persons barred from dealing with listed parties

OFAC notified that U.S. persons are generally prohibited from engaging in transactions with the listed persons and entities as of October 2, 2026. If you are a U.S. person, you must not do business with these listed individuals or organizations because transactions with them are generally forbidden under the listed authority.

Listed entries carry secondary sanctions risk

The notice shows several listings include a stated “Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886.” This flags that dealings with these listed persons could trigger secondary sanctions risk under that section of the Executive Order.

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Key Dates

Effective Date
Published Date
10/2/2026
10/7/2026

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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