Canada Paid $1.1 Million Ransom to Al Qaeda
On May 29, 2013 · In Al Qaeda, Canada, Jihad, Jihadist Groups/Individuals, Mali, Ransoms, Terror Funding, terrorism
An Al Qaeda-affiliated terrorist group was paid $1.1-million for the release of two captured Canadian diplomats four years ago. It is not known who paid the ransom or how it was paid. The Canadian government has said it does not pay ransoms, but has never stated clearly that no other country paid for the diplomats’ release [...]
A former U.S. ambassador to Mali has alleged that France paid a $17 million ransom to free hostages seized from a French mining site – cash she said ultimately funded the al-Qaeda-linked Islamist militants its troops are now fighting. French officials, whose soldiers are pushing north into the territory where the missing captives are believed [...]
A Lebanese bank can face claims in New York of negligence and breach of duty in a lawsuit brought by U.S., Israeli and Canadian victims of Hezbollah rocket attacks and their families, the state’s highest court ruled. http://www.bloomberg.com/news/2012-11-20/hezbollah-victims-may-bring-claims-in-n-y-court-rules.html
U.S. officials said last week that they seized $150 million connected to a scheme in which entities linked to Hezbollah allegedly used the U.S. financial system to launder money through West Africa and back to the group’s base of Lebanon. The seizure stems from a civil lawsuit filed last year by federal prosecutors in Manhattan [...]
Seven people have been arrested in Britain on suspicion of funding overseas terrorism with money linked to smuggling of the stimulant khat. The arrests were part of an international probe into alleged terror fundraising and money-laundering. In a statement, Scotland Yard said the arrests were part of an investigation into a network suspected of illegally [...]
An International Conference on Islamic Funds and Investment opened this week in Karachi, Pakistan. According to the Pakistan Observer, among the large number of attendees were investors from the USA and Canada. The report indicated that some $1.3 trillion is invested in 650 Shariah-Compliant funds worldwide, including 230 in Saudi Arabia, 172 in Malaysia, 59 in [...]
A division of the Muslim Association of Canada which has provided funding to an entity that collects funds for HAMAS is essentially in charge of Halal certification in Canada. To declare something “halal” is to declare it permissible under Shariah. HAMAS is an official terrorist organization according to the US State Department. http://pointdebasculecanada.ca/articles/10002592-muslim-association-of-canada-a-contributor-to-hamas-fund-collector-controls-halal-certification-in-quebec.html
The Washington Institute for Near East Policy has published a good report on the Jihadist terrorist group Hezbollah’s (spelled in the report as “Hizballah”) criminal activities, their money laundering and finance activities in particular, which will no doubt be of interest to SFW readers. Here are some excerpts and a link to the full report: [...]
Hat tip to Creeping Sharia: http://creepingsharia.wordpress.com/2011/06/26/canadian-mosque-gets-sharia-compliant-loan-fails-to-pay-it-back/ A Halifax, Nova Scotia mosque and community center run by the Maritime Muslim Academy has had a lien placed on its assets by the architecture firm it hired to design the complex. The mosque was not financed in a conventional manner, since paying or receiving interest is haram under [...]
Pakistani Shariah Bank To Enter Canada, Ireland and UK
On April 13, 2011 · In Canada, IRELAND, Islamic Banking, Pakistan, Shariah Banking, United Kingdom, Usmani
MCB Bank Ltd has planned to extend its branch network within Pakistan and in foreign countries. MCB management has decided to launch its operation in Canada, Ireland and UK to facilitate millions of expatriate Pakistanis and potential foreign investors and businessmen. http://www.dailytimes.com.pk/default.asp?page=2011%5C04%5C12%5Cstory_12-4-2011_pg5_7 Note that MCB Bank’s Islamic Banking Division’s Shariah advisory is under the control [...]
Devout Muslims donated hundreds of thousands of dollars to one of Canada’s largest Islamic organizations on the promise that the cash would be used to help the poor. But only one in four dollars donated to a special pool of money at the Islamic Society of North America Canada (ISNA Canada) actually reached the needy. [...]
Canadian governments and companies may start issuing Shariah bonds. HSBC Bank Canada may offer $500 million and three government-related borrowers from one Canadian province may issue $1.5 billion of sukuk, Omar Kalair, chief executive officer of Toronto-based UM Financial, said in an Oct. 14 interview. A “handful” of Canadian companies may sell C$1 billion ($990 [...]
In the video at the link below, Guy David, partner, Gowling Lafleur Henderson, explains the potential for Shariah finance in Canada, including its application to residential mortgages and the capital markets. David admits that there is essentially no inherent demand for Shariah-compliant products in Canada; the market is not demand-driven, it is supply-driven. Muslims in [...]
A Canadian Shariah financial institution, UM Financial, is launching Canada’s first “halal-approved” credit card this month and will also offer it to U.S. Muslims by year end…Of course, non-Muslims may want one, too, Kalair said. http://www.calgaryherald.com/life/Sharia+credit+card+coming+this+month/2904527/story.html
Ottawa Imam issues fatwa against credit cards
On February 18, 2010 · In Canada, Interest, Islamic Banking, Sharia Compliant, Shariah Banking, Shariah Finance, Usury
Imam Khaled Abdul-Hamid Syed has issued a fatwa against credit cards, even if they are paid off every month. There are two schools of thought about credit cards among Islamic scholars. Some argue they are permissible as long as no interest is accrued, meaning bills must always be paid in full. Others disagree, quoting one [...]
Is Shariah Banking Safe for Canada?
On February 1, 2010 · In Canada, Islamic Banking, Islamic Bonds, Islamic charities, Islamic Finance, Islamic Law, Islamization, Rachel's Law, Shariah Banking, Shariah Bonds, Shariah Finance, Shariah Law, SUKUK, Zakat
As the financial jihadists continue to gain a foothold in the West, more and more articles are appearing which question the wisdom of allowing Shariah to penetrate our systems which are based on liberties that are mutually exclusive of Shariah law. The article below pertaining to the introduction of Shariah Banking in Canada contains an [...]
In a new report entitled “Islamic Finance in North America 2009,” a consortium of lawyers, public relations professionals and various participants in the financial services industry is predicting that North America is the next growth market for Shariah-Compliant Finance. Among those who would like to inflict this malady on North America are Yasaar Media, Codexa [...]
In what is most assuredly a case of semi-orchestrated “lawfare,” a Muslim couple in Canada has declared it a human rights violation that they were served salami containing pork in a grocery store. The grocery store chain offered to give them cash and make a donation to a charity of their choice to settle the [...]
Less than a month after the introduction of a Shariah-Compliant Exchange Traded Fund in the USA, there is now a report that a similar fund will launch in Canada soon… It may be simply an oversight, but the language used to describe the criteria for this new ETF in the article linked below is slightly [...]
S&P goes dhimmi in Canada
On May 28, 2009 · In "Ethical Investment", Canada, Dhimmitude, Islamic Index, Islamic Law, Sharia Compliant, Shariah Finance, Shariah Law, Standard & Poor's
Standard & Poor’s is launching an index of large Canadian stocks with criteria defined by Islamic law… http://www.theglobeandmail.com/globe-investor/sp-starts-canadian-stock-index-defined-by-islamic-law/article1155197/
By Tarek Fatah The Calgary Herald In early 2007, as the CBC was promoting Little Mosque on the Prairie with great fanfare, I expressed my misgivings about the project. Writing in a Toronto newspaper, I suggested the CBC sitcom reflected “an Islamist agenda” that was using comedy to lull mainstream Canadians into believing all-is-well in [...]
Aqsa Parvez had a choice: wear a hijab to please her devout family or take it off and be like her friends. She paid for her decision with her life. When her father and brother were charged with her murder, it raised the spectre of religious zealotry in the suburbs. Is this the price of [...]
On Sun, 10/19/08, Tarek Fatah wrote: From: Tarek Fatah Subject: Saudi school in UK teaches “Jews are monkeys and Christians are pigs” To: “MCC” , “The Muslim Chronicle” <muslimchronicle@ yahoogroups. com> Received: Sunday, October 19, 2008, 12:33 AM Friends, Watch this newcast clip about the curriculum of a Saudi school in UK. http://www.youtube. com/watch? [...]
October 10, 2008 Little ‘Misleading’ Mosque on the Prairie Mischa Popoff Here in Canada, we’re accustomed to seeing sitcoms on our nation’s public airways with some underlying message that gets in the way of a good laugh. But a new series called Little Mosque on the Prairie stands as a particularly salient [...]
Barbara Kay: We’re losing ground fast to the soft jihad* Posted: October 08, 2008, 10:12 AM by Kelly McParland Barbara Kay, The first great jihad petered out with Islam’s expulsion from Spain in 1492, the second in 1683 with the decisive (and to Islamists, still freshly humiliating) defeat of the Ottoman Empire in Vienna. We’re [...]
Barbara Kay, The Islamist elephant in the room no politicians will acknowledge Barbara Kaywww.aphrabehn@wordpress.com I had the privilege of spending a few hours today, October 2, amongst the bravest people in Canada. One, Marc Lebuis, is a name you won’t recognize, because up to now he’s kept a low profile as the one-man show running [...]
IFIC: Islamic funds begin to take hold (Investment Executive) Victim of a Canadian Musllim Honor Murder. Read what SHARIAH COMPLIANT FINANCE is, under our “about” section. This blog will tell you what the banks and finance houses do not want you to know. The Shariah-based investment industry is flourishing and expected to double in assets [...]
Thursday, September 25, 2008 20-year-old convicted in Toronto terror plot CBC Newsphoto courtesy of www.sweetness-light.com An Ontario Superior Court judge has convicted a 20-year-old man of conspiring in a group plot to bomb several Canadian targets, including Parliament Hill, RCMP headquarters and nuclear power plants. Judge John Sproat gave his ruling Thursday on [...]
Islamabad Marriott Bombing MCC denounces terrorism; Jihadi apologists promoting conspiracy theories http://www.MuslimCa nadianCongress. org TORONTO – The Muslim Canadian Congress (MCC) has strongly condemned the truck bombing of the Marriott Hotel in Islamabad, Pakistan, labelling it as yet another act of terror aimed at destabilizing the nascent democratic forces in the country. While evidence is [...]
September 11, 2008 By Farzana Hassan The Gazette, Montreal -www.wsj.com Seven years after the 9/11 tragedy, Canadians are still unsure about how to tackle the problem of growing extremism in our midst. The debate over who to shun and who to court in this ongoing struggle is compounded by a policy of appeasement that many [...]
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