Regular readers of SFW may recall this case of the Imam of a mosque in Florida, who was accused of sending $50,000 to the Taliban. We have posted on the case a couple of times since it opened almost 2 years ago: http://www.shariahfinancewatch.org/blog/2011/05/16/two-florida-imams-four-other-american-muslims-arrested-for-financing-the-taliban/ http://www.shariahfinancewatch.org/blog/2013/01/12/florida-prosecutors-submit-wiretaps-bank-records-in-terrorism-trial-of-imams/ We finally are approaching closure in this case, with the conviction [...]
Matthew Aaron Llaneza, 28, who was arrested this week by the FBI for trying to detonate what he believed to be a car bomb at an Oakland, California Bank of America, is reportedly a Taliban sympathizer who chose Oakland as the site of his planned terrorist attack because he believed Oakland to be a “center of protest.” Llaneza, [...]
Prosecutors are laying out their case in court against two South Florida imams accused of funneling more than $50,000 to support the Pakistani Taliban, playing wiretapped phone calls and showing bank records to bolster their accusations against the Pakistan-born men. Hafiz Khan, the head of one of Miami’s oldest mosques, and his son, Izhar Khan, were [...]
Al Gore Sells Out to Qatar: State-Owned Al Jazeera Buys Current TV
On January 3, 2013 · In Al Jazeera, Al Qaeda, Hamas, Iran, Islam, Islamic charities, Islamic Law, Jihad, Jihadist Groups/Individuals, Lashkar e Taiba, Qaradawi, Qatar, Salafism, Shariah Law, Taliban, Terror, Terror Funding, terrorism, Wahhabism
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: [...]
A New York federal judge who found Iran, the Taliban and Al Qaeda culpable in the 2001 terrorist attacks has approved a $6 billion default judgment against them. The order signed Wednesday by Judge George Daniels is largely symbolic, but it provides some hope the relatives of Sept. 11 victims can someday recover damages. A [...]
Pakistani Railways Minister Offers Al Qaeda $100,000 to Kill Mohammed Filmmaker
On September 24, 2012 · In Al Qaeda, Jihad, Jihadist Groups/Individuals, Pakistan, Taliban, Terror Funding
A Pakistani cabinet minister on Saturday offered a $100,000 reward for the death of the person behind the anti-Islam video made in the United States that has roiled Muslims around the world, even suggesting that Taliban and Al Qaeda militants could carry out the killing. Ghulam Ahmad Bilour, the federal railways minister, said at a [...]
More evidence of zakat funding for the Taliban
On August 14, 2012 · In Jihad, Jihadist Groups/Individuals, Pakistan, Taliban, Terror Funding, Zakat
Here we have more evidence of zakat funding for Taliban jihadis. Note that this article refers to “forced zakat,” but Shariah law texts, such as Reliance of the Traveller, list such funding as a proper destination for zakat funds… Taliban collect funds through extortion, forced zakat, officials say …The militants have also threatened tribe members [...]
Shariah Finance Watch editor briefs Congressional staffers on Shariah-Compliant Finance
On June 8, 2012 · In "Ethical Investment", AIG, Al Qaeda, Amana Funds, Center for Security Policy, Creeping Shariah, Da'Wah, Dow Jones, Dow Jones Islamic Market, Elena Kagan, Hamas, HARVARD, Hezbollah, Hizb ut-Tahrir, Holy Land Foundation, HSBC, Interest, Investors Business Daily, Iran, Islam, Islamic Banking, Islamic charities, Islamic Economics, Islamic Finance, Islamic Law, Islamization, Jihad, Jihadist Groups/Individuals, Malaysia, Money Laundering, murabaha, MURAHABA, Muslim Brotherhood, Obama, OIC, purification, Qaradawi, Qatar, Regulation, Saudi Arabia, Sharia Compliant, Shariah Banking, Shariah Finance, Shariah in Academia, Shariah insurance, Shariah Law, Shariah Mortgage, Sovereign Wealth Funds, Sudan, Takaful, Taliban, Terror, Terror Funding, terrorism, The Banker, U.S. Policymakers, UAE, United Kingdom, USA, Usmani, Usury, VIDEOS, Wahhabism, Zakat
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
US Treasury Sanctions Two for Ties to Al Qaeda
On May 18, 2012 · In Al Qaeda, Jihad, Jihadist Groups/Individuals, Money Laundering, Taliban, Terror Funding
These kinds of sanctions are largely symbolic since it is unlikely that these two men have any assets in the USA. The Treasury Department put two people that it alleged have ties to militant Islamist groups on a blacklist on Thursday and banned American citizens from any dealings with them. The Treasury’s Office of Foreign Assets [...]
More Details on Funding for the Taliban
On April 24, 2012 · In Afghanistan, Al Qaeda, Hawala, Islamic charities, Jihad, Jihadist Groups/Individuals, Money Laundering, Taliban, Terror Funding, Uncategorized, Zakat
Not long ago we mentioned that the Taliban had gone online to raise money for their violent Jihadi activities. In that same post we mentioned that US intelligence sources had indicated that most of the Taliban’s financing sources remained intact since US forces engineered their overthrow way back in 2001. This continued financing provides one [...]
The Taliban have appealed for donations on one of their websites, to finance the Jihad against non-Muslims. Complete with telephone hotlines and email addresses, the appeal was posted on a Taliban website asking Muslims worldwide to help the rebels in what they say is a “Jihad”, or a holy war, against non-Muslim “invaders”. … “In [...]
The Taliban and Al Qaeda are said to have turned to smuggling cigarettes and cigars to raise money according to a recent report the the International Tax and Investment Center (ITIC). The report blamed higher taxes for making a market in bootleg tobacco products. This activity should certainly come as no surprise. Hezbollah has been involved [...]
Correcting The New Misinformation on Islamic Charities Funding Jihadist Terrorism
On October 17, 2011 · In Abdurahman Alamoudi, Abu Sayyaf, Al Qaeda, Al Shabaab, Bin Laden, Hamas, Hezbollah, Holy Land Foundation, Islam, Islamic charities, Islamic Development Bank, Islamic Law, Islamic Relief, Jemaah Islamiyah, Jihad, Jihadist Groups/Individuals, KindHearts, Lashkar e Taiba, Money Laundering, Muslim Brotherhood, Pakistan, Phillipines, Qaradawi, Salafism, Saudi Arabia, Sharia Compliant, Shariah Law, Somalia, Taliban, Terror, Terror Funding, terrorism, Wahhabism, Zakat
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 [...]
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 [...]
NOTE: It is unclear how the Imams of these two mosques could be financing America’s Jihadist enemies, yet the mosques themselves not involved… The U.S. Attorney’s office in South Florida charged six people, including the imam of the oldest mosque in Miami, with supporting and financing the Pakistani Taliban. The men are suspected of giving $50,000 to the [...]
Osama Bin Laden played host to Taliban leaders and wealthy supporters while he was living in his Abbottabad compound in Pakistan. An Afghan leader of the Taliban said he had visited Bin Laden in the Abbottabad compound. He said other members of Al Qaeda met with Bin Laden too, as did Taliban allies and Arab [...]
Al Qaeda called a ‘money making machine’ by British official–that’s not even HALF the story
On March 17, 2011 · In Al Qaeda, Hamas, Hezbollah, Islamic charities, Islamic Finance, Islamic schools, Jihad, madrassas, Money Laundering, Salafism, Saudi Arabia, Sharia Compliant, Shariah Finance, Taliban, Terror Funding, terrorism, Uncategorized, Wahhabism, Zakat
The article below from The Telegraph in Great Britain quotes a British Foreign Office director as describing Al Qaeda as a “money making machine,” due to Al Qaeda in the Islamic Maghreb’s practice of ransoming hostages for money. Evidently, Italy, Spain, Austria and Switzerland have all paid such ransoms to the Jihadist terrorist organization. This [...]
Great work by Money Jihad blog on the Zakat-Terror Finding Nexus
On October 25, 2010 · In Al Qaeda, Bangaladesh, Bin Laden, Britain, Islamic charities, Jihad, Taliban, Terror Funding, United Kingdom, Zakat
Over the past week, Money Jihad has posted some excellent work on the use of zakat funds for Jihad. These postings are not to be missed… 1. British Muslims are the Taliban’s Greatest Source of Revenue http://moneyjihad.wordpress.com/2010/10/22/british-muslims-are-taliban’s-“greatest-source-of-revenue”/ 2. Osama Bin Laden calls for a new mega-Islamist charity http://moneyjihad.wordpress.com/2010/10/24/just-what-the-world-needs/ 3. Zakat money flows uninterrupted to Jihadist [...]
Here on SFW, we have profiled a particularly evil Shariah scholar named Taqi Usmani: http://www.shariahfinancewatch.org/blog/2009/05/06/who-controls-shariah-compliant-finance-the-shariah-scholars-of-course/ Among many other things, Usmani is the chief of the Shariah advisory board for HSBC: http://www.shariahfinancewatch.org/blog/2009/02/27/hsbcs-shariah-man/ Usmani is a bad man, an enemy of the West, a Jihadist to the core. In fact, now that his Jihadist philosophy is becoming [...]
Are We Financing Our Own Demise?
On March 4, 2010 · In "Ethical Investment", AAOIFI, Hezbollah, Human Rights under Shariah, Human Rights under Shariah Law, Iran, Islamic charities, Islamic Finance, Islamic Financial Services Board, Islamic Law, Islamic schools, Jihad, madrassas, Qaradawi, Sharia Compliant, Sharia Products, Shariah Boards, Shariah Councils, Shariah Finance, Shariah Law, Takaful, Taliban, Terror Funding, Usmani, Zakat
Gadi Adelman and the intrepid Joy Brighton have just published an outstanding analysis of Shariah-Compliant Finance over on the Financial Security Matters site. Please take the time to read it and pass it on to your friends and associates: http://www.familysecuritymatters.org/publications/id.5632/pub_detail.asp
A Shameless, Shallow Advertorial for Shariah Finance from Oxford Analytica and Forbes.com
On December 12, 2009 · In Abu Dhabi, Credit Dirivatives, Debt Bonds, Defaults, Derivatives, Dubai, Dubai Investment Group, Dubai Islamic Bank, Economic Crisis, Emirates, Financial Institution, Hezbollah, HSBC, Investments, Iran, Islam, Islamic Banking, Islamic Bonds, Islamic Economics, Islamic Finance, Islamic Law, Kuwait, Lebanon, Qaradawi, Sharia Compliant, Sharia Products, Shariah Banking, Shariah Boards, Shariah Bonds, Shariah Councils, Shariah Finance, Shariah insurance, Shariah Law, SUKUK, Takaful, Taliban, Usmani
Malcom Forbes must be spinning in his grave. His namesake publication’s web site has published an article which basically promotes a financial and economic system which by its very nature seeks to replace capitalism and our free enterprise system: http://www.forbes.com/2009/12/10/islamic-finance-after-dubai-business-oxford-analytica-islamic-finance.html?feed=rss_business In fact, the article reads less like journalism and more like a press release from [...]
Another Saudi Charity Implicated in Funding Terrorism Continues Operations
On September 15, 2009 · In Afghanistan, Islamic charities, Jihad, Pakistan, Saudi Arabia, Taliban, Terror, Terror Funding, Zakat
The excellent Counterterrorism Blog has vital information today on Al-Haramain, a Saudi charity that has been fingered by the UN and the US Treasury Department for financing terrorism. What have the Saudis done about it? Not a thing…it’s hard to prosecute someone for doing what Shariah says to do I guess… http://counterterrorismblog.org/2009/09/al-haramain_foundation_in_news.php
Cricket is one of the most popular sports in the UK and in many of the former commonwealth nations and other nations which were associated with Great Britain at some point in history. One of these nations is Pakistan. Now, members of a cricket organization are raising money for an Islamic charity to send aid [...]
The US special envoy to Afghanistan and Pakistan, Mr Richard Holbrooke, says that Taliban militants are receiving more funding from their sympathisers abroad than from Afghanistan’s illegal drug trade. Mr Holbrooke says: “More money is coming from the Gulf than is coming from the drug trade to the Taliban.” Holbrooke thinks the governments in the [...]
The Middle East North Africa Financial Network has just published a report on Shariah-Compliant Finance. The report (linked below) starts out with a promising title–”Shariah Compliant or Complaint”–but soon resorts to the same misinformation about the performance of Shariah-Compliant assets and vehicles for which the industry is now infamous. http://www.menafn.com/qn_news_story_s.asp?StoryId=1093254534 The MENAFN report glosses over [...]
The NEFA Foundation has obtained a transcript of an audio message from Sheikh Mustafa Abu al-Yazid (a.k.a. “Sheikh Saeed”). In May 2007, Al-Qaeda’s official As-Sahab Media Wing identified al-Yazid as “the overall head of al-Qaeda Organization in Afghanistan.” According to As-Sahab, al-Yazid “took part in founding al-Qaeda in 1989, and is a member of the [...]
Islamic charities continue to fund the Taliban
On June 5, 2009 · In Afghanistan, Al Qaeda, Hamas, Hezbollah, Islam, Islamic charities, Islamic Law, Jihad, Qaradawi, Sharia Compliant, Shariah Boards, Shariah Councils, Shariah Finance, Shariah Law, Taliban, Terror, Terror Funding, terrorism, Uncategorized, Usmani, Zakat
Regular readers of SFW know that we have devoted a considerable amount of space to covering financial support from Muslim charities for Jihadist organizations: http://www.shariahfinancewatch.org/blog/category/islamic-charities/ This is of particular relevance to Shariah-Compliant Finance because of the practice of zakat–a form of required tithing in Islam. Shariah-compliant firms donate 1/40, or 2.5%, of their assets through [...]
Literally making a deal with the devil… http://www.mcclatchydc.com/front/story/67289.html
UK: Small finance houses lack controls to keep out clients on terror list
On April 28, 2009 · In Al Qaeda, Britain, Iran, Taliban, Terror, Terror Funding, terrorism, United Kingdom
Here is an article from The Times which absolutely illustrates the folly of Shariah-Compliant Finance! The British Financial Services Authority (FSA) maintains a list of some 1,400 people and 500 entities linked to terrorist organizations and sanctioned nations, such as Iran. To help prevent funds from getting to terrorists and their sponsors, providing banking or other [...]
Periodically, SFW shines the light on the non-financial aspects of shariah, since the purpose of shariah-compliant finance in the first place is to promote shariah. Today we have two stories about human rights abuses under shariah authorities. The first comes to us from Taliban-controlled Afghanistan, where a couple was sentenced to death for eloping… http://news.bbc.co.uk/2/hi/south_asia/7997749.stm [...]
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