The US move comes nearly year and half after Hamza was officially announced by al-Qaeda chief Ayman al-Zawahiri as an official member of the group.
"There has been one meeting (on this). It is a matter of setting up the governance structures. Now ball is in the court of the Indian side to finalise the governance of the setting up of the fund. We are ready for it," the UAE ambassador Dr Ahmed Al Banna said.