The Interior Ministry has frozen all assets of Pakistani-based charity Al-Furqan as part of its efforts to fight terror funding. It has also banned Saudis from dealing with the organization.

The ministry said on Thursday that both the Kingdom and the United States are taking common actions against the financing of Al-Furqan, as well as prosecuting other organizations that hide behind charity work to finance terrorism.

The US Treasury announced last Tuesday that Washington and Riyadh are imposing sanctions on the Pakistani charity after discovering evidence of the organization providing financial support to terrorist organizations such as Al-Qaeda, Taleban and Lashkar-e-Taiba.

“The sanctions aim to halt operations and prevent the Peshawar-based charity from funding terrorist organizations,” the US Treasury had said.

The organization emerged from the Afghan Commission for Support and the Association for the Revival of Islamic Heritage in Pakistan, both of which were classified as terrorist organizations and placed on the list of sanctions imposed against Al-Qaeda since 2002.

Al-Furqan was established in May 2002 after a financial dispute with the so-called “Mohammed’s Army.” The Pakistani Interior Ministry banned the organization and charged its leader for involvement in American journalist Daniel Pearl's murder in 2002. Pearl was investigating Islamic groups in Pakistan in the wake of the September 11 attacks.