By Shire Abdi - Reporter
Somalia, 18 December 2025 - The National Anti-Money Laundering and Counter-Terrorism Financing Committee (NAMLC) of Somalia has approved a new list of individuals to face financial sanctions for funding terrorist activities in the country and the region.
However, the committee meeting held in Mogadishu on Wednesday did not disclose the names of the targeted individuals or the groups they are affiliated with. It was indicated that the sanctions were aimed at targeting the financing networks of terrorist organizations such as Al-Shabaab and ISIS (Daesh). The committee emphasized that the action taken is part of Somalia's efforts to fight these groups by cutting off their funding sources.
The meeting, normally held once a month, was chaired by Minister of Finance Bihi Iman Egeh, who is the head of the committee. It was attended by Minister of Ports and Maritime Transport Abdulkadir Mahamed Nur, NISA Chief Mahad Mahamed Salad, and other officials.
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The committee also instructed the National Communications Authority to prepare a report on the SIM card registration system to prevent Al-Shabaab from using telecommunication services for financing purposes.
On December 13, the UN Security Council unanimously extended the mandate of the monitoring panel for sanctions against Al-Shabaab in Somalia until 2026.
The committee stated that the approval of the new sanctions list and the 2026 Work Plan is part of a broader effort to strengthen Somalia's financial sanctions regime against Al-Shabaab and ISIS (Daesh).
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