Forty-five members, including all cabinet ministers present, voted for the bill while five MPs abstained.
The law becomes effective after it is signed by the ruler of the oil-rich Gulf state.
The bill stipulates a jail term not exceeding 15 years for individuals convicted of funding terror organisations in addition to a fine of up to twice the sums used.
It also sets an imprisonment of up to 20 years for money laundering crimes if the violators are organised criminal or groups deemed terrorist and non-governmental organisations.
The legislation, which replaces an anti-money laundering law issued 12 years ago and described as ineffective, also dictates the confiscation of all funds involved in such crimes.
Separately, Amnesty International on Tuesday criticised Kuwait for resuming executions after a six-year pause, describing the decision as a “real setback.”
“These are the first executions carried out in Kuwait since 2007 and mark a deplorable setback for human rights in the country,” said Ann Harrison, the rights watchdog’s programmeme director for the Middle East and North Africa. Kuwait on Monday executed a Saudi, a Pakistani and a stateless Arab after being convicted of murders.
The last hanging carried in Kuwait before those was in May 2007.
“In a region where executions are sadly all too commonplace, Kuwait marked a beacon of hope by declining to execute people for almost six years,” Harrison said in a statement.
“That hope has been extinguished…We deplore this resumption of executions, regardless of the crime.” Public attorney Mohammad Al Duaij, who supervised the executions, said another 48 people are on death row awaiting a final decision on their sentences by the emir.
The Gulf state has executed a total of 69 men and three foreign women since it introduced the death penalty in mid-1960.
Most of those condemned have been convicted murderers or drug traffickers.
“Kuwait should halt any further executions and should commute all death sentences and revise the law to exclude this most final of penalties,” Amnesty said.
The last recorded case of the death penalty being carried out in Kuwait was six years ago when a Pakistani man was executed for drug trafficking, according to Amnesty International.
