U.S., Gulf Allies Blacklist Islamic State Financial Network

U.S., Gulf Allies Blacklist Islamic State Financial Network

WASHINGTON—The U.S. has joined six other nations in sanctioning a financial network linked to the Islamic State terrorist group and its affiliates, blocking any of their assets in the U.S., the Treasury Department said.

The joint sanctions imposed Wednesday target financial-services companies al Haram Exchange, Tawasul Company and a third that, according to the Treasury Department, “have played a vital role in transferring funds to support Syria-based ISIS fighters and have provided hundreds of thousands of dollars of liquidity…

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