No doubt SFW readers are very aware that Iran is increasingly finding itself isolated economically and financially due to its nuclear weapons program. If not for Russia, Red China, India, South Africa and a few other nations, Iran would be completely isolated (sarcasm intended unfortunately). Iran is currently looking to raise capital to fund its [...]
This afternoon at 1730 Eastern Standard Time (5:30pm) we received a Google News Alert from our subscription to the term “Al Qaeda.” That alert contained but one intriguing story: Head of state ‘funded al-Qaeda and knew of 7/7 terror attacks’ This story linked to The Telegraph in the UK and the alert included the following [...]
Money Jihad Blog: Why Minneapolis’s shariah loans must end
On February 24, 2012 · In Creeping Shariah, Islamization, Minnesota, murabaha, MURAHABA, Sharia Compliant, Shariah Mortgage
This is an excellent piece from an excellent blog that all SFW readers should be visiting on a regular basis. This particular entry is especially important as several folks we have spoken with view the Minneapolis program as “no big deal.” It is a big deal and the good folks at Money Jihad blog do [...]
Western Financial Organizations Now Reaching Out to Muslim Brotherhood
On February 20, 2012 · In Egypt, Hamas, Ikhwan, Islamization, Jihad, Jihadist Groups/Individuals, Muslim Brotherhood, terrorism
The Wall Street Journal now has an article published entitled: “Muslim Brotherhood Looks West in Bid to Revive Egyptian Economy.” The article requires a subscription to the Journal, so not everyone who clicks on the link below will be able to read it. But suffice it to say that the West is engaging the Muslim [...]
HSBC is at it again
On February 20, 2012 · In HSBC, Islamic Banking, Islamic Bonds, Islamic Finance, Saudi Arabia, Shariah Banking, Shariah Bonds, Shariah Finance, SUKUK
One of the biggest promoters of Shariah-Compliant Finance in the Western world is HSBC. Investors in the West need to be aware of this so that they can make informed decisions as to where they conduct their business… http://arabnews.com/economy/corporatenews/article577396.ece
Islamic Charities: Facing facts (An Australian View from SFW Contributor Dave Clark)
On February 20, 2012 · In Australia, Islamic charities, Jihad, Terror, Terror Funding, terrorism, Zakat
Islamic Charities: Facing facts by Dave Clark, Q Society Vice President for Islamic Finance and Islamic Charities On 10 February this year, Nicola Roxon MP, Attorney General and Jason Clare MP, Minister for Home Affairs and Minister for Justice issued a media release titled “Reports Highlight Risks of Money Laundering and Terrorism Financing“ along with three reports [...]
It’s hard to believe that a financial institution as sophisticated as Goldman Sachs could be so incredibly stupid, but the available evidence with regard to Goldman Sachs’ ill-fated venture into Sukuk (Islamic bonds) indicates that there were some real knuckleheads at the firm. We might argue that they were knuckleheads just for getting into the [...]
Jihadi fundraiser to be released from prison in the UK
On February 7, 2012 · In Al Qaeda, Britain, Jihad, Jihadist Groups/Individuals, Jordan, Terror, Terror Funding, terrorism, United Kingdom
There is anger in Great Britain over the impending release of Abu Qatada, a terrorism suspect and Imam who was once described as Osama bin Laden’s right hand man in Europe. The Jihadist Muslim cleric is believed to have raised funds for terrorist groups and the British government has declared him a risk to national security. [...]
The Weekly Standard has published an article that was linked on Drudge today about German bank WestLB rolling out its Islamic Strategy Index Certificate. The value of the certificate is based on the value of the WestLB Islamic Deutschland Index, consisting of shares of ten German firms “whose business activities are consistent with the ethical rules of [...]
Categories
