Al Gore Sells Out to Qatar: State-Owned Al Jazeera Buys Current TV
Al Gore has sold his failing Current TV television network. The buyer is none other than Al Jazeera, the infamous Islamist television network based out of Doha, Qatar (more on Qatar very shortly). Gore released an interesting statement along with the announcement of the sale: “Current Media was built based on a few key goals: [...]
One of the challenges facing the Shariah Finance industry is a shortage of qualified Shariah scholars to serve as “advisers” to Shariah-compliant financial institutions. Not only is their a shortage of Shariah scholars, but many of the existing Shariah scholars are very old. Sheikh Youssef al-Qaradawi and Mufti Taqi Usmani are examples of the old [...]
An Extremely Important Article on Shariah-Compliant Finance from Congressman Allen West
Investor’s Business Daily and Congressman Allen West have teamed up overnight to publish an extremely important op ed penned by Congressman West on the subject of Shariah-Compliant Finance. In his column, Congressman West points out virtually all of the major concerns surrounding Shariah-Compliant Finance and laments that it has received no critical scrutiny from US [...]
Here we go again: Financial Times continues spread of the myth of “ethical” Shariah Finance
The financial jihadists have many enablers and useful idiots in the West who help them with their dawa’h mission to spread Shariah through economic imperialism. One surfaced today in the Financial Times. Like many in the financial media, the Financial Times has acted more like a cheerleader for Shariah Finance than as a responsible journalistic organization. [...]
Shariah Finance Watch editor briefs Congressional staffers on Shariah-Compliant Finance
Recently we had the opportunity to brief staff members from 10 Congressional offices on the threat of Shariah Finance. The briefing was recorded and we have posted the full 1-hour briefing here for SFW viewers… Shariah Compliant Finance and Financial Jihad
The US has offered a $10 million reward for the capture of Pakistani Jihadist Hafiz Muhammad Saeed. Saeed is associated with the terrorist group Lashkar e Taiba, the organization that carried out the horrific Mumbai terrorist attacks in India back in 2008. Long-time readers may recall that donations to Islamic charities in Pakistan in the [...]
The article linked below is pro-Shariah Finance, but it brings up a good point. It doesn’t get to that point until the second half of the article, but it does eventually get to an interesting point. The article points out that the Shariah Finance industry is overly dependent on a few Shariah scholars, which is [...]
Shariah Finance Watch hears from Mr. Oliver Agha, a Shariah Compliant Lawyer
Recently, Shariah Finance Watch received the letter below in response to a posting we published on 31 January. (http://www.shariahfinancewatch.org/blog/2012/01/31/is-shariah-compliant-finance-a-failure-a-self-serving-answer-from-the-financial-jihadis/) To Whom It May Concern: I write to clarify certain facts and set the record straight in relation to an article published on-line and displayed on the website “Shariah Finance Watch” on January 31, 2012 [...]
In the wake of the Toulouse Jihadist terror attacks, French President Nicholas Sarkozy has barred Jihadist cleric Yusuf al-Qaradawi from visiting France. This should not come as a complete surprise, since Qaradawi is already banned from Britain and the USA. But many people are not aware of Qaradawi’s background and involvement in Shariah-Compliant Finance. Qaradawi [...]
Correcting The New Misinformation on Islamic Charities Funding Jihadist Terrorism
The Guardian in the UK has come out with an article (“Counterterrorism laws taking their toll on humanitarian action”) critical of US counterterrorism efforts that are designed to prevent the funneling of money to Jihadist terrorist groups, especially in Gaza and Somalia, two hotbeds of Jihadist terrorist activity. When ever we see misguided and ignorant [...]
Another Apologist Attempts to Rewrite History for Cat Stevens
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 [...]
CNN has a pretty good article that summarizes just where Al Qaeda is getting its money. Regular readers of Shariah Finance Watch will not be surprised by what CNN points out. CNN’s article identifies 4 primary sources of funding for Al Qaeda: “…wealthy individual patrons, infiltrated charities, criminal activities and legitimate businesses.” They are incorrect [...]
In a development that illustrates the immense power wielded by Shariah scholars in the Islamic world, Muslim Brotherhood Sheikh Yusuf al-Qaradawi has issued a fatwa permitting Egyptians to skip going on hajj for a second time to use the money saved to donate to a special fund to help the Egyptian government’s fiscal woes. Qaradawi [...]
The Shariah Scholar Shortage Problem
Both opponents and proponents of Shariah finance recognize that there are relatively few Shariah scholars available to serve as advisers to financial institutions. Proponents of Shariah finance see this as a problem in that it could inhibit the global growth of the industry. Opponents see the shortage from a different perspective. First of all, several [...]
Qatar Moves to Shut Down Shariah-Compliant Divisions of International Banks
Hat tip to Creeping Sharia for this find… For years now SFW has warned big Western banks like HSBC, Standard Chartered and Barclays about the perils of dabbling in Shariah-Compliant Finance. Each of these banks, but HSBC in particular, has happily jumped in bed with the financial jihadists to get their piece of the Shariah-Compliant [...]
Euromoney.com is once again giving out awards for compliance to the financial wing of the barbaric, medieval doctrine known as Shariah. They have a whole host of awards to dole out (no fewer than 19 awards in the field of “Islamic” finance), which probably indicates that these awards are a convoluted effort to drum up [...]
Incumbent Ohio treasurer Kevin Boyce has handed control of his office over to his top staffer, Deputy Treasurer Amer Ahmad, who has a habit of hanging around people who are well-known for ties to Islamic radicals and terrorists. Ahmad does so in his professional capacity, as well as in his personal life, choosing to attend an [...]
Qatar Islamic Bank targets British mid-cap market
Qatar Islamic Bank, whose Shariah advisory board is headed by the Jihadist Sheikh Yusuf al-Qaradawi, has unveiled a new lending strategy targeting small to medium-sized British companies. QIB is focusing on profitable companies whose products are in line with “Islamic” tenets, which means Shariah-compliant. Qaradawi is forbidden to enter the UK due to his ties [...]
Qatar Islamic Bank, the leading Shariah-compliant financial institution in Qatar and owner of the largest Shariah-compliant banking network in the world, has been chosen as the Bank of the Year by the Arabian Business Awards. We at SFW are certainly not celebrating this occasion, but we bring it up for a very good reason. Though [...]
Andrew McCarthy reports: American Taxpayer, Financial Jihadist
Another superb article by Andrew McCarthy of National Review… Thanks to our takeover of AIG, we now are involved in Islamic finance. It is “financial jihad,” explained Yusuf Qaradawi, the Muslim Brotherhood’s sharia compass — and the man Feisal Rauf, the brains behind the proposed Ground Zero mosque, admires as “the most well-known legal authority [...]
Investor’s Business Daily has a great editorial worth reading. It seems that Obama administration officials are holding summit meetings with lobbyists at Caribou Coffee across from the White House. Caribou Coffee is a Shariah-Compliant business owned by a bank in Bahrain whose Shariah advisory board chair is the Jihadist Sheikh Yusuf al-Qaradawi (banned from travel [...]
The web site Favstocks.com has published what amounts to propaganda for the financial jihadists. In an online article published on July 1st, the site “explained” “Islamic investing,” touting it as “socially responsible.” This affords us a teaching moment. We will go through the various aspects of the article and deconstruct the propaganda: ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• “Islamic fund [...]
The Washington Post is reporting that Washington DC public school students are being instructed in Arabic and participating in a cultural exchange program that is being sponsored by the Qatar Foundation International, an organization with ties to the Youssef Qaradawi, a Shariah scholar who has been banned from traveling to the US or the UK [...]
Fox’s Evansky Details Terror Ties of Turkish Charity in Gaza Operation
Ben Evansky of Fox News has penned a very good and extremely timely report on the Foundation for Human Rights and Humanitarian Relief (IHH), an Islamic charity involved in the so-called “relief” mission (read infiltration operation) into the Gaza Strip from the Mediterranean Sea. The first clue that IHH is a bad organization comes from [...]
Anwar Al-Awlaki’s 44 Ways of Supporting Jihad
Our Jihadist enemies sometimes can be very upfront about their intentions and methods. This is true in the financial arena, just as it is true in violent jihad. We have seen this pointed out twice in recent blog posts here on SFW. On 7 May, we pointed out that Sheikh Yusuf al-Qaradawi had confirmed that [...]
Yesterday, SFW posted a disturbing article detailing Sheikh Yusuf al-Qardawi’s instructions on zakat (Islamic alms giving): http://www.shariahfinancewatch.org/blog/2010/05/07/more-definitive-proof-of-zakat-funding-jihad/ Some readers may be skeptical that the views of a man living in Qatar, as expressed to another man living in Egypt, would be relevant in the United States. Not only are Qaradawi’s views relevant because he is [...]
More Definitive Proof of Zakat Funding Jihad
One of the most popular web sites among American Muslims is Islam Online. Islam Online was founded by Sheikh Yussef al-Qaradawi, a man we have written about extensively on SFW. Qaradawi is perhaps best known in the Western world for being banned from travel to the USA and the UK because of his ties to [...]
More on Zakat and Jihad from Money Jihad Blog
A concise and useful summary of the role of zakat in financing Jihad from the good folks at Money Jihad… http://moneyjihad.wordpress.com/2010/05/05/wednesday-word-mujahid/
Sheikh Yusuf al-Qaradawi, the most prominent Sunni Shariah scholar in the world, has called for the boycott of American and Israeli goods. Qaradawi has longstanding ties to Jihadist organizations and is banned from travel to the US and the UK. Nevertheless, he sits on the Shariah advisory boards of several major international financial institutions and [...]
A Scheme to Route Zakat Through OIC?
An official of the Organization of the Islamic Conference (OIC) put forth a proposal this week to route all zakat through the OIC. This would be a troubling development since the OIC is dominated by Saudi Arabia. Saudi Arabia’s official state religion is Wahhabi Islam, a particularly intolerant and violent sect. Moreover, the OIC has [...]
Categories

