We deeply regret and feel saddened to witness the sanctions imposed on our companies Haleel Holding Ltd with its subsidiaries Haleel Finance and Haleel Ltd in Cyprus by the Treasury Department’s office for foreign asset control (OFAC) on 11 March 2024. Haleel Holdings, Haleel Finance and Haleel Ltd are Cypriot companies, established in Cyprus with and have never been part of any other group outside Cyprus.

The accusations of being part of a global money laundering and terror financing is baseless and has no fact behind it as none of these entities made any business transactions since their establishment.

After more than five years of rigorous vetting and assessment, Haleel finance has recently been awarded an E-Money license from the Central bank of Cyprus. Our current mission is not to operate or do business outside the EU. We have hired the best talented Cypriot experts to ensure a first class compliance and AML team to serve target clients within EU only.

While we support the war against money laundering and terror financing we believe that this imposed sanction is not meant to us as we do not belong to the named group nor has any business interaction or dealing with individuals named in the sanction list.

(We will work deligently with all relevant authorities to De-list our Companies as soon as possible)