The Asat Trust is a business in Liechtenstein which represents the interests of other businesses in that state.

• Prince Emanuel of Liechtenstein - board member (1970–1987)

The Asat Trust has represented Al Taqwa Bank, a business of Youssef Nada and Ali Ghaleb Himmat, which has been accused of financing al-Qaeda.^[1]

A lawsuit filed by the family of John P. O'Neill describes Asat as a "money laundering organization" founded by Youssef Nada.^[2]

Asat has a close relationship with the bank of the Liechtenstein royal family and has printed the name of that bank on its own letterhead.^[1]

It is common practice that a legal representative prints the name of a local bank on its own letterhead, indicating its own business account;

The Asat Trust represented Portuguese energy company Galp Energia in its business dealings with Iraq in the Oil-for-Food Programme.

Asat represented K & A Overseas Trading, a business of Khairy H. Al-Agha and Saleh Kamel Jibreel, which the US government alleged to finance Hamas in the Holy Land Foundation trial.^[3]

Asat never represented the above companies; Asat was not involved in any financing as described above. The UN Security Council Al-Qaida and Taliban Sanctions Committee approved the deletion of the Asat Trust from its Consolidated List.