Baitul Mal

Bayt al-Mal, AKA Bayt al-Mal Lil Muslimeen, is a Hezbollah-controlled organization that performs financial services for the organization. In Arabic, the term is used as "House of Money."Bayt al-Mal operates under the direct supervision of Hezbollah Secretary General Hasan Nasrallah. As Hezbollah's main financial body, Bayt al-Mal serves as a bank, creditor, and investment arm for Hezbollah. Husayn al-Shami is the head of Bayt al-Mal.It has branch offices in: Harat Hurayk, Beirut, Lebanon; Burj Al-Barajinah, Lebanon; Sidon, Lebanon; Tyre, Lebanon; Al-Nabatiyah, Lebanon; Ba'albak, Lebanon; and Hirmil, Lebanon.
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Bayt al-mal is an Arabic term that is translated as "House of money." Historically, it was a financial institution responsible for the administration of taxes. It served as a royal treasury for the caliphs and sultans, managing personal finances and government expenditures. Further, it administered distributions of zakah revenues for public works. Modern Islamic economists deem the institutional framework appropriate for contemporary Islamic societies.
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Baitul Mal:Islamic government's state treasury.