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(Share) (https://www.google.com/preferences/source?q=https://www.jpost.com/) Follow us on Google (The IDF and Shin Bet have killed 16 key terrorists involved in money exchange and transferring funds to Hamas.) (The IDF and Shin Bet have killed 16 key terrorists involved in money exchange and transferring funds to Hamas.) The IDF and Shin Bet have killed 16 key terrorists involved in money exchange and transferring funds to Hamas. (photo credit: IDF SPOKESPERSON'S UNIT ) By (https://www.jpost.com/author/goldie-katz) GOLDIE KATZ SEPTEMBER 25, 2026 22:25 Updated: SEPTEMBER 25, 2026 23:10 The IDF and Shin Bet (Israel Security Agency) have killed 16 key (https://www.jpost.com/israel-news/article-909721) terrorists central to Hamas’s financial apparatus over the course of the war, disrupting a money transfer network that operated through Turkey and Gaza, the IDF announced on Friday. According to the IDF, all of the terrorists were involved in money transfers used to (https://www.jpost.com/middle-east/article-909138) fund Hamas’s operations in the Gaza Strip, totaling over one billion dollars, through a network of dozens of money changers in (https://www.jpost.com/middle-east/article-909375) Turkey and Gaza. Among the terrorists killed were Ibrahim Abu Shamala, the head financial officer of Hamas’s military wing, and (https://www.jpost.com/israel-news/defense-news/article-909413) Mohammed Abu Alwan , who was responsible for Hamas’s political wing funding. Terrorists central to the fund transfer network who were responsible for the receipt of money on behalf of Hamas, including Khader Jamasi, Ihab Khraizem, and Hussein Qadra, were also killed. (Smoke and flames rise from a house during an Israeli strike, carried out after the IDF warned residents to evacuate the area, in Khan Younis, in the southern Gaza Strip, September 9, 2026.) Smoke and flames rise from a house during an Israeli strike, carried out after the IDF warned residents to evacuate the area, in Khan Younis, in the southern Gaza Strip, September 9, 2026. (credit: REUTERS/Ramadan Abed) IDF warns terrorists involved in Hamas financial activities will be targeted The hundreds of millions of dollars in funding, according to the IDF, were used by Hamas to finance its terrorists, build weapons capabilities, restore terrorist infrastructure, and advance terror plots targeting Israeli troops and civilians. The military issued a warning to all terrorists who continue to participate in Hamas’s financial activities, asserting that those who fund and facilitate terrorism are lawful targets of IDF and Shin Bet strikes aimed at dismantling Hamas. The IDF also advised Gazan civilians that their lives are being endangered by Hamas terrorists throughout the Gaza Strip continuing to engage in financial efforts to advance and rebuild Hamas. See more on (https://www.jpost.com/tags/gaza) Gaza | (https://www.jpost.com/tags/hamas) Hamas | (https://www.jpost.com/tags/idf) IDF | (https://www.jpost.com/tags/shin-bet) Shin Bet | (https://www.jpost.com/tags/terrorism) Terrorism | (https://www.jpost.com/tags/gaza-strip) Gaza Strip (https://www.google.com/preferences/source?q=https://www.jpost.com/) Follow us on Google Related Articles (https://www.jpost.com/israel-news/article-909744) (Prime Minister Benjamin Netanyahu speaks at the United Nations in New York City, September 24, 2026.) (Prime Minister Benjamin Netanyahu speaks at the United Nations in New York City, September 24, 2026.) 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