In short, yes, but very weakly.
Long answer:
Ordinary matter (like your hands) is composed by atoms, molecules, or ions aggregates (e.g., table salt). Since the lowest energy state of these systems is charge-neutral, it is energetically favorable that any piece of ordinary matter reaches a charge-neutral state. However, your hands can still have a very small, spurious charge imbalance. As a consequence of that, waving your hands can produce very, very weak EM radiation (and perhaps gravitational waves, as Javier has pointed out).
Just notice that the contributions to the EM radiation of the huge number (multiples of the Avogadro number) of electron and protons in your hand cancel each other over a very short distance, and in practice a net EM radiation is produced only if the net electric charge of your hands is non zero.
Of course you can increase the magnitude of the EM radiation by increasing the electric charge of your hands (don't try this at home).
This cancellation does not occur in the case of gravitational waves.
By the way, I think that for this reason, the gravitational waves produced by your hands are stronger than the EM radiation in natural units, that is, if the physical units of measurement are set such that the gravitational and electromagnetic coupling constants are $G=\alpha=1$.