posted by Christopher W. Holton Marketers for binary options firms — some of them based in Israel or run by Israelis — are targeting Muslims, especially wealthy citizens from the Gulf, through websites that assert that the use of their trading platforms is permissible according to Islamic law. http://www.timesofisrael.com/youre-a-good-muslim-no-problem-weve-got-islamic-binary-options-accounts/
Don’t assume that Halal is benevolent. The system of zakat as well as certification fees bely a nefarious aspect, as detailed by Money Jihad blog… “Fact check” on halal-terror links ignores facts https://moneyjihad.wordpress.com/2015/04/21/fact-check-on-halal-terror-links-ignores-facts/
Australian Senator Jacqui Lambie is considering introducing a bill to stop what she believes is “halal money” funding the Islamic State terrorist group. Senator Lambie said she was prompted to look into the issue after she received hundreds of emails from concerned Australians on the subject. A study that she commissioned the parliamentary library to conduct exposed some “surprising facts” […]
Do halal food fees fund jihad? Given the operations of the Islamic law system of zakat, it’s certainly a distinct possibility. Not surprisingly, the Muslims who control the halal food certification program are less than transparent when it comes to such questions… http://bernardgaynor.com.au/where-do-australias-halal-certification-fees-go/
Banco do Brasil is planning to launch a Shariah-compliant fund in partnership with Singapore-based Islamic Bank of Asia. The fund will focus on stocks listed on theSão Paulo Stock Exchange and specifically in the commodities, mining, oil and gas sectors. The fund will be managed in Brazil and marketed around the world. Brazil is a significant exporter […]
Internet sensation Pat Condell is well known for his videos critical of Islam and Shariah. His latest effort calls for a boycott of halal food and he also uses Shariah finance as an example of what can happen when the West is oblivious to Islamization and creeping Shariah…Boycott Halal
McDonald’s ill-fated and expensive sojourn into the realm of Shariah-compliant food has finally come to an end–or so it would seem. McDonald’s tried to accommodate halal food, got accused of breaking the rules, was sued and had to settle to the tune of $700,000–despite the fact that there was no clear victim in this case. […]
UK Clothier Enforces Shariah Law Among All Employees
This is a story that has been going viral on the web. The memo depicted in this post speaks for itself, but essentially what Boo Hoo (the name of the business) is doing is enforcing Shariah law at the expense of the rights of its non-Muslim employees. This is becoming more common all the time. […]
We suppose that when you live under an atheist, communist system, it makes no difference to you whether the food is halal or haram. Add in a dash of capitalism and presto! You get a foothold for Shariah-compliance in a city-state with virtually no Muslim population. Such is the nature of the petrodollar driven Islamic […]
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 […]
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
Maybe the only thing worse than getting in bed with the financial jihadists is to get in bed with the financial jihadists, only to find out they don’t want you. That may be the situation Goldman Sachs finds itself in with regard to its Islamic bond (sukuk) program. It seems Goldman got the blessing from […]
Egyptian Islamist Parties Declare Stock Exchange Shariah-Compliant
The imposition of Shariah in Egypt as part of the so-called “Arab Spring,” has entered the financial realm, with the Islamist parties declaring the Egyptian Stock Exchange to be “Shariah-Compliant…” Egypt’s political powers expressed their support for the Egyptian Stock Exchange at a press conference Monday, as the Islamist parties, which dominate parliament, pointed out […]
Halal (conforming to Islamic rules) food is seeing double-digit growth the world over and even in Italy – due to rising interest by companies in the sector – it could soon become normal to find ”Islamically correct” labelled products on supermarket shelves. http://www.emg.rs/en/news/world/166437.html
Gulf Times out of Qatar has published a brief article on the basis in Islamic scripture for some of the policies and practices for Islamic commerce and finance. In reading this article, you can see the origin of the prohibition of short selling, insider trading, as well as a few other transgressions. Basically harmless stuff, […]
The Financial Jihad Gains a Foothold in Russia
Islamic finance may debut this year in the Tatarstan republic in the form of sukuk, or bonds that, in accordance with Islamic law, do not charge interest, experts said at a World Islamic Economic Forum round-table discussion Wednesday. “Russia is ready for sukuk,” director of the Gazprombank structured and syndicated finance department Alexander Kazakov said. “They can make Russia a lot of money. A trillion dollars.” Gazprombank […]
Harrods Goes Halal
Now Muslim women can buy expensive, high-fashion versions of black Islamic robes, which obscure the contours of a woman’s body, when they head to London to escape the Arabian Peninsula’s sweltering heat. Harrods started selling abayas by Beljafla’s DAS Collection in June, a month after Qatar’s sovereign-wealth fund bought the landmark store. http://www.businessweek.com/news/2010-07-12/harrods-sees-profit-from-islamic-fashion-as-qatar-takes-control.html
Horizontal and Vertical Integration, Shariah-style
If any of you had any doubts as to the true purpose of Shariah Finance (to promote Shariah itself), the article linked below should go a long way toward convincing you. A large Shariah bank in Kuala Lumpur (one of Shariah’s epicenters), CIMB Islamic, has announced a new financing program aimed specifically at small and […]
100 Armed Feds Raid Chicago Muslim Meatpacking House
Approximately 100 armed federal agents, backed by a helicopter, 50 vehicles and sharpshooters, raided a Muslim meat packing plant earlier this week but remain silent about the secret operation. http://www.israelnationalnews.com/News/News.aspx/133963?
Halal meat preparation is becoming an issue in Germany. Note that Shariah authorities are not even in agreement on the requirements. One thing that is merely brushed over in this article is the fact that one poultry producer in Germany has had its products “certified” as Halal for years, but they have sometimes been reluctant […]
Halal search engine will prevent Muslims from visiting forbidden internet sites
A new search engine is about to be launched, ImHalal.com, and we have a feeling that ShariahFinanceWatch.org won’t be showing up on any searches there. ImHalal will prevent Muslims from finding internet sites which contain content which is considered “haram,” or forbidden under Shariah law. The founder of the search engine claims that the site […]
Moves to plug the gap in Islamic finance carry risks
The Financial Times has published an article detailing some of the risks involved in Shariah-Compliant Finance. For instance, a new term has been developed for the financial world: “Shariah risk.” Shariah risk is the risk that a product that was previously believed to be shariah-compliant could be declared “un-Islamic” by a prominent shariah scholar. Basically, […]
Isn’t it amazing that the Muslims in Morocco can work in a winery and serve wine in their restaurants on the sly without much fuss at all, yet Muslims in America have suddenly begun to assert their religious “rights” by refusing to ring up pepperoni pizzas at the check out counter at Target stores? Wine […]
Looks like one Islamist will have to play by the same rules as everyone else for a change… http://www.chicagotribune.com/business/chi-thu-dunkin-discriminationapr02,0,7154223.story
Promoters of Shariah-Compliant Finance love to proclaim that it is a form of ethical investing. But in Australia, one of the Shariah ruling councils has engaged in some decidedly unethical business practices… A court has heard a Victorian Islamic body tried to put a company out of business so it could monopolise the certification of […]
Islamist politicians in Indonesia are attempting to impose Shariah on the entire country, including non-Muslims, with legislation which would basically entrench Shariah standards for food products. Critics of the bill correctly point out that it will directly impact non-Muslims. No doubt, this is exactly why the Islamists have introduced the legislation. It should also be […]
Look at the bright side, maybe they don’t really mean it? Notice in the article linked below that McDonald’s has already gone halal in the future Islamic capital of the United Kingdom… http://www.dailystar.co.uk/news/view/64532/Make-Southall-the-UK-capital/
The Jihadists are quite adept at using “lawfare” to force America to accept Shariah. The question in this case in Connecticut is not about whether this convicted murderer gets to eat what he wants, it’s about whether the Jihadists can gain a foothold and have a precedent set whereby Shariah, disguised as “religious rights” can […]
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