Landmark Verdict Finds Arab Bank of Jordan Liable for Material Support of HAMAS
In what has the potential to be one of the most important verdicts in the era of modern terrorism, a federal jury has found the Arab Bank of Jordan liable for “knowingly supporting terrorism efforts” relating to 24 attacks by the terrorist group Hamas. The suit was filed under the American Anti-Terrorism Act, which allows for Americans or […]
In a major decision that will affect the high-profile Arab Bank terrorism finance case in the US and the future of terrorism financing cases, the US government has told the US Supreme Court that it supports the case going to trial, but potentially undermined the case’s strength (emphasis added). The decision late Tuesday came in the […]
This post is especially relevant given the announcement that the US will be providing aid to the so-called “rebels” in Syria, many of whom are Jihadists, some affiliated with Al Qaeda and some veterans of the insurgency in Iraq where they fought against US GIs. It seems that the Jihadist Syrian rebels have been getting […]
Money Jihad blog’s short list of Shariah banks that fund terrorism
Money Jihad blog is one of the most invaluable web sites in existence for anyone who is concerned with how Jihadist terrorism is supported and funded. That is why we link to it so frequently here on SFW. Money Jihad’s latest work is a prime example of why we like the blog so much: they have […]
This report comes as no surprise. Jordan’s parliament has made changes to tax laws to accommodate sukuk (Shariah-compliant bonds), paving the way for Shariah finance to move into the kingdom… A long-awaited law allowing Jordan to issue sukuk has been cleared by both houses of its parliament, paving the way for the government to tap […]
Jihadi fundraiser to be released from prison in the UK
There is anger in Great Britain over the impending release of Abu Qatada, a terrorism suspect and Imam who was once described as Osama bin Laden’s right hand man in Europe. The Jihadist Muslim cleric is believed to have raised funds for terrorist groups and the British government has declared him a risk to national security. […]
Shariah Banks Involved in Terror Financing, “Thumb Noses” at U.S.
Hat tip to Money Jihad blog on this… http://moneyjihad.wordpress.com/2010/11/15/another-islamic-bank-thumbs-nose-at-u-s-court/ It will probably come as no surprise to SFW readers that major Shariah-Compliant banks have been implicated in terror financing and are resisting U.S. efforts to get to the bottom of the Jihad money trail. Two examples come to us by the good folks at Money […]
Sukuk “Alert”
Official and private entities in Jordan, Indonesia, Abu Dhabi, Malaysia, Saudi Arabia, Qatar, Dubai, Luxembourg, Sudan, Pakistan, Kazakhstan, Lebanon, Kuwait, Thailand, Islamic Development Bank and General Electric (GE) all are contemplating or planning Sukuk (Islamic bond) offerings in the near future… http://www.bloomberg.com/news/2010-06-22/jordan-indonesia-islamic-development-bank-plan-sales-islamic-bond-alert.html
Jordan continues to move more into the grasp of Shariah-Compliant Finance, this time evidenced by the Jordanian government’s borrowing of $100 million from Jordan Islamic Bank. The country’s finance minister claims that they did this due to Shariah-Compliant finance’s performance during the world economic crisis. He must not be paying close attention… http://www.monstersandcritics.com/news/business/news/article_1539365.php/Jordan-government-turns-to-Islamic-banks-for-borrowing?
Jordan will hold the first “Islamic Finance and Investment Forum of the Middle East” region in March. The two-day forum slated for March 2 will examine current trends and crucial issues in the fields of finance and investment in the Islamic countries, particularly in the Middle East region. According to the agenda, topics to be […]
Despite the financial trouble plaguing Dubai, Dubai Islamic Bank is expanding operations into Jordan. Jordan now has 3 Shariah-Compliant financial institutions. (The small number should be regarded as more evidence that the recent expansion of Shariah Finance is a modern phenomenon which is symbolic of the growing influence of Jihad in all its forms in […]
Jordanian Muslim Brotherhood leader Hamam Said stood trial Tuesday in Jordan together with another six members of the Islamic organization on corruption charges in their management of Islamic charitable organizations. If they are convicted, they are expected to receive prison sentences of up to three years. It is not known if the corruption involved diversion […]
At SFW we have focused a great deal of attention on Islamic charities for two reasons: 1. Many of these charities fund Jihad. 2. An integral part of Shariah-Compliant Finance is zakat, which results in money getting to these same charities. We have archived our research in these areas here: https://shariahfinancewatch.org/category/islamic-charities/ https://shariahfinancewatch.org/category/zakat/ Today we call […]
Palestinian man in Jordan man kills daughter The Associated Press Published: October 16, 2008 may all the victims of Shariah honor murders rest in peace. AMMAN, Jordan: A Jordanian judicial official says a Palestinian man from a refugee camp has shot to death his 17-year-old daughter allegedly to cleanse the family’s honor. Many Jordanians consider […]
Torture rampant in Jordan’s prisons, report says Human Rights Watch condemns the U.S. ally, saying prisoners are tortured and abusers go punished. By Raed Rafei, Special to The Times 3:22 PM PDT, October 8, 2008 BEIRUT — For three days, he was severely beaten by prison guards. Then, on an early morning in May, Firas […]
People Working to End Violence Against Women Thursday, September 25, 2008 GEM of an Organization Gender Equality Movement (GEM) is a Jordanian initiative which was first launched by Dina Liddawi and Lulwa Al-Kilani with youth activists committed to the idea of justice and equality for the women and men of Jordan. It has now […]
GO TO THIS LINK TO READ PRESS RELEASE-www.middleeastevents.com/site/pres_dtls.asp?pid=4092 www.ameinfo.com
Transfer of First F-16s to Jordan (Source: Belgian Armed Forces; issued Sept. 11, 2008) photo courtesy of the USAF At the end of August 2007 the Belgian authorities finalised the sale of 14 F-16 (12 F-16AM and 2 F-16BM) fighters to Jordan for the total price of 70 million Euros. This sale is part […]
By Linda Hindi AMMAN – The multilateral Danish-Dutch boycott campaign is moving ahead with the addition of a major brand, the removal of others and an ongoing lawsuit, while Jordanian importers still suffer losses. Launched in late February to protest against the republication of disturbing cartoons of the Prophet Mohammad, “The Messenger of […]
Excerpts: Saudi mass wedding.Terrorism in Saudi Smuggling to Hamas continues.Muslim boycott of Denmark. Danish cartoons:”Jordan is doing fine”.Jordan’s Tel Aviv embassy launches trilingual website 26 June 2008 +++SAUDI GAZETTE 26 June ’08:”Mass wedding “,Agence France Presse QUOTE: Over 800 couples in Saudi Arabia’s first mass wedding organized and paid for by the government …to help […]
Cave of Christian worship found in Jordan Thu, 12 Jun 2008 10:28:49 Jordanian archaeologist believe they have found the world’s oldest church Archaeologists in Jordan have found what may be the oldest remains of Christian worship; a church dating back almost 2,000 years. The church remains were found in a cave underneath Saint Georgeous Church […]
Islamic finance is a subject that is gaining increasing attention throughout the world as soaring energy revenues in the Gulf have fueled investment in the region. However, although Islamic finance is not a new concept, it remains a mystery to many financial professionals. To help shed light on this subject, we asked the experts at […]
Agence France-Presse – 30 May, 2008 www.gulfinthemedia.com/index.php?id=405887&news_type=Economy&lang=en Iraq is to review a 2006 agreement to sell discounted oil to Jordan amid soaring world prices, visiting Vice President Tareq al-Hashemi said on Thursday. “The Iraqi government seeks to reconsider the agreement with Jordan and then activate it and push it in the right direction to […]
New Islamic mortgage-financing company for Jordan By: Staff Writer Jordan Investment Trust concludes IPO preparations for Inwan Investment plc to be named Amlak Finance (Jordan). Amlak Finance (Jordan) will be the first Islamic mortgage company in Jordan. Photograph: David Bjorgen. A number of regional finance houses have set up an Islamic mortgage financing company called […]
February 21, 2008 Jordan arrests eight evangelists Eight people have been arrested in Jordan for propagating the Christian faith, according to a Saudi newspaper. Jordanian security forces arrested eight people, mostly foreigners, after they were caught distributing missionary material to Bedouin families north and east of the Jordanian capital, Amman, the Saudi daily Al-Watan reported. […]
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