The report below is cause for concern. Philippine officials have fallen into the trap of dealing with the Islamic Development Bank (IDB) based out of Saudi Arabia.

IDB is a gargantuan institution dominated by Saudi Arabia and based out of Jeddah, which is the most important non-holy city in that country, much more important than Riyadh.

IDB was founded in December 1973 by the Organization of the Islamic Conference (OIC), which recently changed its name to the Organization for Islamic Cooperation. The date is important because this was just on the heels of the Yom Kippur War and the Arab Oil Embargo. IDB was founded with the purpose of increasing Muslim economic clout around the world. The suddenly skyrocketing oil prices and petro-wealth in the Middle East gave rise to the concept of using economic clout to increase the influence of Islam around the world.

It should also be noted that, not coincidentally, well-financed, international Islamic terrorist organizations began surfacing in the same era of new-found wealth.

So, the Islamic Development Bank has been a key cog in the worldwide Islamist movement.

 Now take a look at some of the institution’s main shareholders:

Saudi Arabia: ruled by Shariah; Wahhabism is the official state religion; state sponsor of terrorism; breeding ground for Jihadist terrorists.

Sudan: ruled by Shariah; ruling regime has its roots in the Muslim Brotherhood; officially declared state sponsor of terrorism by US State Department; regime has committed genocide, killing hundreds of thousands of innocent civilians.

UAE: smuggling point for prohibited technology into Iran; leaders cozy with Taliban and Osama Bin Laden.

Iran: ruled by Shariah; world’s foremost sponsor of Jihadist terrorism; enriching uranium in violation of international agreements and UN Security Council resolutions. World leader in Shariah finance and banking.

Pakistan: Pakistan’s ISI (secret intelligence service) basically gave rise to the Taliban and has cooperated with other Jihadist groups as well. Likely harbored Osama Bin Laden and currently harbors Lashkar e Taiba Jihadist Hafiz Muhammad Saeed.

The fact that the Islamic Development Bank is a tool of the OIC should raise some serious red flags. The OIC is the organization behind the movement to stifle free speech in the name of religious rights worldwide. Basically, the OIC is using its political clout (57 nations in the UN) and economic muscle (oil wealth) to intimidate and ostracize those who would dare to criticize Islam.

In other words, IDB is the economic warfare tool for Islamic imperialism.

Note below the double-cross game that the Jihadists and Islamists play. On the one hand, IDB announced that it would send money to the Philippines if there was a peace treaty between the Philippine government and the Jihadist terrorist organization, the Moro Islamic Liberation Front on the island of Mindanao.

The Moro Islamic Liberation Front’s goal was an Islamic state on Mindanao ruled by, you guessed it, Shariah.

The Jihadist group waged an insurgency to achieve that goal. There is a great deal of evidence that the insurgency was financed from…Saudi Arabia…the same country that dominates the IDB…

http://terrortrendsbulletin.com/2011/09/05/wikileaks-saudi-funded-jihad-in-philippines-as-serious-as-afghanistan/

Periodically, the Moro Islamic Liberation Front has entered into cease-fire agreements with the Philippine government. Those cease fires have always been broken. Back in 2007 they even signed an agreement that allowed Mindanao to be ruled by Shariah. Luckily for the 50,000 non-Muslims on the island, the Philippine supreme court blocked that treaty, which would have essentially granted the Jihadists’ their chief war aim.

So, now the Saudis and the IDB are back, trying to work a deal in internal Philippine conflicts and using a truce with the Jihadists as an excuse.

Meanwhile, the violent Jihadist insurgency continues to blaze. Just overnight, 22 Philippine Army Rangers were wounded in a terrorist attack. The Moro Islamic Liberation Front has plausible deniability here, since Abu Sayyef, a whole separate Jihadist terrorist organization is claiming this and many recent attacks…yet the Saudis still want to put their noses under the tent…

http://www.gmanetwork.com/news/story/254409/news/regions/22-soldiers-hurt-in-basilan-land-mine-blast

Philippine officials and those of the Islamic Development Bank held discussions in Jeddah, Saudi Arabia, last month on further expanding development projects in Mindanao, the Department of Foreign Affairs said Wednesday.

Philippine Ambassador to Saudi Arabia Ezzedin Tago and Consul General to Jeddah Uriel Norman Garibay met with the bank’s officers led by vice president Ahmet Tiktik at IDB headquarters, the DFA said.

“Tago and… Tiktik reviewed IDB’s assistance to Muslim Filipinos. The officials discussed ways to further push development projects in the southern Philippines, particularly in the Autonomous Region in Muslim Mindanao (ARMM),” according to the DFA.

“Both officials vowed to continue close cooperation and coordination in various fields and to consider coming up with more development projects for the region,” the DFA added.

The bank in 1996 pledged $16 million in development assistance to the ARMM after the Philippine government and the Moro National Liberation Front signed a peace pact.

http://www.gmanetwork.com/news/story/254558/economy/finance/phl-islamic-devt-bank-held-talks-on-mindanao-projects-ndash-dfa?

 

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