“Extremism” on the Rise in Zanzibar–Thanks to Saudi Money and Islamic Charities
On December 31, 2012 · In Abu Dhabi, Al Qaeda, Dubai, Islam, Islamic charities, Islamic Law, Islamic schools, Islamization, Jihad, Jihadist Groups/Individuals, madrassas, Salafism, Saudi Arabia, Shariah Law, Sudan, Tanzania, Wahhabism, Zakat, Zanzibar
The Financial Times has an important article about the influx of Salafi Islam in the island region of Tanzania known as Zanzibar. The article doesn’t draw any of the correct conclusions about what is happening there, but it contains enough clues to build a picture. For folks who don’t remember, Tanzania is one of the [...]
US Treasury Blacklists Al Qaeda-linked Jihadist Rebels in Syria
On December 27, 2012 · In Al Qaeda, Islamic Law, Jihad, Jihadist Groups/Individuals, Sanctions, Shariah Law, Syria, Terror, Terror Funding, Uncategorized
The US has blacklisted an Al Qaeda-linked rebel group in Syria, declaring that “extremists” could play no role in building a future for the Syrian people. The move against the Al Nusra Front came as the Obama administration recently recognized the new Syrian National Coalition as the “legitimate representative” of the Syrian people. The problem [...]
Trouble in Shariah Finance Paradise?
On December 26, 2012 · In "Ethical Investment", Ahmadinejad, Iran, Islamic Banking, Islamic Finance, Shariah Banking, Shariah Finance, The Banker
As we have reported multiple times over the years, Iran dominates the world of Shariah-compliant finance. In fact, according to the UK-based publication The Banker, Iran has more Shariah-compliant assets under management and in Shariah-compliant financial institutions than any other nation on earth. Furthermore, the top Shariah-compliant financial institutions in the world are Iranian state-controlled banks. Iran [...]
Note that this mechanism is essentially a convoluted construct to replicate interest payments, without calling them interest payments… The Islamic Bank of Britain has reported a 63% rise in take-up of its home financing products for the first three quarters of 2012. The growth in demand for the Sharia-compliant bank’s alternative to mortgages was fuelled [...]
More on Samar Ali, Tennessee’s Shariah Finance Specialist
On December 10, 2012 · In Creeping Shariah, Islamic Banking, Islamic Finance, Samar Ali, Shariah Banking, Shariah Finance, Tennessee
Over the summer, we reported on Samar Ali, an attorney specializing in Shariah Finance, who was appointed to an economic development position by the governor of Tennessee. http://www.shariahfinancewatch.org/blog/?s=Samar+Ali&submit.x=13&submit.y=2 Recently, Arnold Ahlert published more details on Ali and her family background at FrontPageMag.com… http://frontpagemag.com/2012/arnold-ahlert/a-sharia-financier-in-the-tn-governors-office/?utm_source=FrontPage+Magazine&utm_medium=email&utm_campaign=949dbe3deb-Mailchimp_FrontPageMag
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