An extradition hearing has been set for May 3 for the head of a money transfer service U.S. official allege helped Usama bin Laden's Al Qaeda network finance terrorism, court officials said Friday.

Liban Hussein, 31, is facing U.S. charges of operating a money-transfer business without a license.

Hussein ran a Boston business called Barakaat North America with his brother, Mohamed. The company also had a branch in Ottawa.

U.S. officials allege Barakaat outlets have helped finance Usama bin Laden's Al Qaeda network, but the Hussein brothers have not been charged with funneling money to terrorists.

The brothers, natives of Somalia who have Canadian citizenship, have denied having terrorist ties. They said their company helps Somalis in North America send money home to loved ones.

Liban Hussein was arrested in Canada in November on a U.S. warrant. He was subsequently released on bail after a judge said there was no evidence he was involved in any terrorist activity.

Mohamed Hussein, 33, is being held without bail in the U.S. He will go on trial April 21 in Boston.