Tuesday, July 21, 2026

Al-Qard Al-Hassan Resumes Gold Withdrawal Operations in Beirut's Southern Suburb

May 16, 2026
Beirut microfinance gold
Beirut microfinance gold

The microfinance institution Al-Qard Al-Hassan has resumed operations at one of its main branches in Beirut's southern suburb on Friday, reopening its gold withdrawal services for account holders who had previously been unable to collect their savings.

The organization made contact with depositors who had not yet retrieved their gold, instructing them to arrive at the Al-Qard Al-Hassan branch "immediately and without any delay" to claim their accumulated savings.

Reports indicate that the distribution process moved at an accelerated pace compared to previous sessions. This acceleration comes as concerns have mounted regarding delays in the withdrawal procedure, particularly amid growing risks stemming from the ongoing Israeli military operations against Lebanon, where the security situation has rendered few locations truly safe.

The faster pace of withdrawals reflects efforts to facilitate depositor access to their funds during a period of heightened instability in the country.

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