Here we go again: Zakat goes to fighters
On August 25, 2011 · In Islamic charities, Islamic Law, Jihad, Sharia Compliant, Shariah Law, Terror Funding, Zakat
One of our favorite pastimes here at SFW is to uncover internet articles and postings which reveal the true nature of zakat–the uses of zakat that the financial jihadists would just as soon not have us kafirs learn about. We have found numerous references over the years to zakat being used to fund Jihadists. Here [...]
Nakheel has returned to the scene of the crime so to speak. As we have reported previously, the Dubai-based real estate company, which defaulted on a massive sukuk (Islamic bond) in 2009, is issuing a new sukuk now. Not surprisingly, investors are very skeptical; the brand new “bond” is already trading at a discount to [...]
The indispensable people over at The Investigative Project on Terrorism are reporting that the Obama Justice Department have reached a settlement with a Shariah-compliant financial institution being investigated for involvement in terrorism financing and tax evasion. The Islamic Investment Company of the Gulf (IICG) was part of a web of financial institutions with ties to [...]
The Treasury Department added three members of Jemaah Islamiyah (JI), an al Qaeda affiliate based in Southeast Asia, to its list of specially designated global terrorists earlier this month. Two of the three, Abdul Rahim Ba’asyir (Abdul Rahim) and Muhammad Jibril Abdul Rahman (Jibril), were identified as senior members of JI’s al Ghuraba cell in Karachi, [...]
Al-Shabaab has become a top-tier terrorist organization from its extensive revenues. Their wealth is largely based on Islamic taxes that al-Shabaab imposes in accordance with the Koran. It is following the same broad-based sharia revenue model that launched the Taliban from being an obscure students’ movement into an multinational financial hegemon. http://moneyjihad.wordpress.com/2011/08/16/al-shabaab-economic-powerhouse/
Another Apologist Attempts to Rewrite History for Cat Stevens
On August 11, 2011 · In Al Qaeda, Bin Laden, Fatwa, Islamic charities, ISRA, Jihad, Qaradawi, Sudan, Terror, Terror Funding, terrorism, Uncategorized, Zakat
Most of SFW’s readers probably know who Cat Stevens is. He was a folk singer who converted to Islam in the late 1970s and changed his name to Yusuf Islam. At the time of his conversion, he swore off his music and devoted himself to his new-found faith. A few years later he found himself [...]
Al Qaida raises funds online to ‘feed widows and orphans’ of ‘the martyred’
On August 10, 2011 · In Al Qaeda, Iraq, Jihad, Jihadist Groups/Individuals, Terror, Terror Funding, terrorism
Al Qaida in Iraq has acknowledged that it lacked money for support operations in the insurgency war in Iraq. A leading Al Qaida agent said this has hampered payment to families of those killed in attacking Iraqi and U.S. targets. Read more at World Tribune: http://www.worldtribune.com/worldtribune/WTARC/2011/me_terror0994_08_08.asp
Some REALLY Bad Ideas on How to Solve America’s Debt Problems
On August 9, 2011 · In Creeping Shariah, Da'Wah, Debt Bonds, Defaults, Economic Crisis, Fatwa, Islamic Banking, Islamic Bonds, Islamic Economics, Islamic Finance, Islamization, MEDIA, Media, Nakheel, Sharia Compliant, Sharia Products, Shariah Banking, Shariah Bonds, Shariah Finance, Shariah Law, stealth jihad, SUKUK, U.S. Policymakers, USA, Usmani, Usury, Zakat
Not surprisingly, the financial jihadists are promoting Shariah as the solution to America’s debt problems. We’ve seen this before. Back in 2008, in the wake of the subprime mortgage debacle and near-financial meltdown, the financial jihadists insisted that Shariah-compliant finance would have avoided the whole mess. Then, in 2009, defaulting on sukuk (Islamic bonds) just [...]
Kenyan Tourism Minister Accused of Funding Jihad
On August 8, 2011 · In Al Shabaab, Islam, Islamic charities, Islamic Law, Jihad, Jihadist Groups/Individuals, Kenya, Somalia, Terror, Terror Funding, terrorism, Zakat
Najib Balala is the Minister of Tourism in Kenya and, by all accounts, a gregarious, ambitious public official. He was educated in a US university in Africa and he professes to be a devout Muslim. Recently, he has come under fire for possible financial arrangements in which donations to a controversial mosque may be finding [...]
Al Qaeda’s Financial Ties to Iran Exposed
On August 8, 2011 · In Al Qaeda, Iran, Islamic charities, Jihad, Jihadist Groups/Individuals, Kuwait, Terror, Terror Funding, terrorism, Zakat
During the 2008 presidential campaign, the Obama campaign belittled Senator John McCain for alleging ties between Iran (which is Shiite-ruled) and Al Qaeda (which is a Salafist Sunni organization). At the time, your SFW editor wrote an article for National Review on the subject: http://www.nationalreview.com/articles/223992/iranian-entanglements/christopher-w-holton Now, more than three years later, Obama’s US Treasury Department [...]
Last week Siavosh Henareh, Bachar Wehbe, Cetin Aksu, and Taza Gul Alizai were indicted by the US Justice Department for seeking to use the sale of drugs to fund the Salafist Sunni Jihadist organization the Taliban and the Shiite Jihadist organization Hezbollah. The suspects were all arrested overseas and brought back to the USA for arraignment in [...]
Emotions are running very high in Nigeria and the issue of the country’s central bank governor insisting on introducing Shariah-compliant banking is front and center in a clash of civilizations within the African nation… At a time when the Nigerian polity is on fire and the Islamic radicalism is the celebrity of death, one wonders [...]
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