Among the charges are membership in outlawed organizations, contact with a foreign agent, money laundering, and transferring funds to bodies identified with Hamas, and supporting security prisoners and families of suicide bombers, Israel Radio reports
Internal Security Minister Tzahi Hanegbi said it made little difference whether the money was used for buying explosives or was given to families of suicide bombers. "Terror cannot exist without a financial infrastructure," he said.
The Islamic Movement is the largest Arab organization in Israel. It has split into a more pragmatic branch that participates in Israel's political life, and a more radical branch that has come out in support of Hamas, a Palestinian group operating in the West Bank and Gaza Strip.
Israel's Arab citizens make up about a sixth of the country's population of 6.5 million.
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