KUWAIT: The State Security Department launched an investigation into possible involvement of a company that processes laborers' transactions in labor-exporting countries in terror funding, an informed source said.

The investigation comes after detectives in the Philippines confirmed that a Kuwaiti man arrested there with his Syrian wife on charges of funding the Islamic State (IS) is a shareholder in the same company.

Recent reports from the Philippines have suggested that Winston Q8, a company that facilitates the medical tests of Kuwait-bound overseas Filipino workers for a hefty price, was apparently led by people with links to IS.

The investigations will determine how involved the company is in money laundering and financing the extremist organization, the source said. He added that the volume of financial transactions that the company processed is estimated at tens of thousands of dinars per month, which is enough to finance terrorism. - Translated from the Arabic press