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 […]
An experimental liberal mosque in the Netherlands that held prayers in Dutch rather than Arabic, has closed because of financial woes. The Polder Mosque in Amsterdam was an effort to provide a model for young Dutch-born Muslims and converts to learn about Islam and practice it in a secular European nation. The mosque’s total debts […]
Money Jihad blog, one of our favorites, uncovered a little known aspect of history relating to this week’s Columbus Day holiday that we found particularly interesting. These facts never seem to make it into history textbooks in American schools. Columbus knew the dangers of the Muslim tax man http://moneyjihad.wordpress.com/2010/10/11/columbus-knew-the-dangers-of-the-muslim-tax-man/
Reuters continues to shill for Shariah, this time by whitewashing the role of women in Shariah Finance
Reuters published a curious article today which, like much of what the former news agency pens about Shariah Finance, reads more like a marketing piece than a news article. This time Reuters is celebrating the role of women in Shariah Finance, speculating that they could play a much larger role than they are now… Recent […]
From the New York Times via Jihad Watch: Attorney General Andrew M. Cuomo should not investigate the financing of the proposed Islamic community center near ground zero, Mayor Michael R. Bloomberg said on Tuesday, reiterating his support for the project. “I think it’s a terrible precedent,” he said. “You don’t want them investigating donations to […]
New dots are emerging from the probe into who’s behind the Ground Zero mosque, and the radical Muslim Brotherhood is coming into view. While a couple of U.S. nonprofits — the Cordoba Initiative and its sister, the American Society for Muslim Advancement — are coordinating the New York project, they hardly give the full picture. […]
Steve Emerson’s Investigative Project on Terrorism (IPT) does fabulous work. They’re starting to look into the funding for the Ground Zero Mosque. SFW will monitor their work closely and link it here frequently… http://www.investigativeproject.org/2134/the-tangled-web-of-the-gzm-imams-organizations
Today we came across a blog entitled “jalpari-the mermaid.” We have no idea what the significance of that name is, if any, but the blogger posted “Frequently Asked Questions about Zakat” today. Question Number 2 is “Who is qualified to receive zakat?” In the answer, Category 7g is: “to defend Muslims who are under attack” […]
The Islamic Center of Murfreesboro, Tennessee plans to build a 52,000 square foot mosque–in an area without a large Muslim population. This has local residents quite concerned. Now, in the latest development in this affair, which has been overshadowed by the Ground Zero mosque controversy, the Islamic Center of Murfreesboro has issued a nationwide plea […]
The Economist Lashes Out on the Ground Zero Mosque
The Economist has run what amounts to a poorly researched hit piece criticizing opponents of the Ground Zero mosque. This isn’t strictly a financial matter and we usually try to limit our scope to issues surrounding finance here on SFW, however, because The Economist has been such a shameful shill for Shariah Compliant Finance in […]
Government to Automatically Deduct Zakat from Bank Accounts in Pakistan
KARACHI: The government has set Rs29,350 as a lower limit on bank balance for deduction of Zakat on the first day of the holy month of Ramazan. According to banking sources, the Directorate for Zakat has made the above announcement. Zakat will be deductible at the rate of 2.5 percent on any PLS account having […]
14 Indicted by Justice Department for Supporting Al Qaeda-affiliated Al Shabaab
“The two Jihadists arrested this week—females who were naturalized U.S. citizens and residents of Minnesota—have been charged with raising money to support al Shabaab through door-to-door solicitations and teleconferences in Somali Muslim communities in Minnesota and other locations in the U.S. and Canada. The Justice Department claims that in some cases, funds were raised under […]
“I believe as a Muslim community one of the areas we have neglected is Islamic Finance. We have reached the age and stage of development where we direly need our own financial institution. One which not only provides the capacity to finance our ventures but also educates the community on the matter of Islamic finance.” […]
In Islamic Iran where clerics rule, unofficial “prayer sellers,” who promise to intercede with the divine to solve all manner of life’s problems, are seeing their business boom. Iran’s clerics also believe in the power of prayer but they advise people against using prayers that lack a religious basis. Magic and superstition are both illegal […]
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 […]
Two Republican lawmakers are raising questions about a decision to lease office space for the Census Bureau in a building owned by the Falls Church, Virginia mosque, Dar al-Hijrah Islamic Center. Two of the Sept. 11, 2001 hijackers worshiped at Dar al-Hijrah. One of its former imams, Anwar al-Awlaqi, is a leader for Al Qaeda […]
Long-time readers of SFW may recall the integral role played by Harvard Law school in promoting the financial jihad in America. Thanks to the largesse of some notorious Saudi royals and a few other like-minded Jihadis, Harvard law school has an entire program devoted to “Islamic finance.” Yours truly attended an Islamic finance conference at […]
Hawala network tied to Times Square bomb plot
Hawala is an informal international Islamic money brokerage system with Shariah origins. It operates around the world, but exclusively in Islamic communities. It’s sort of like a Western Union system without any oversight. It is also used by money launderers to move wealth outside of the view of law enforcement and intelligence agencies. Hawala is also […]
Latest outrageous revelations from the intrepid Andrew McCarthy and Steve Emerson… http://corner.nationalreview.com/post/?q=MmY4MTcxNzI0NGUyMGQwN2U0MzhiMzlkNDFiMTkxNDE=
The report gives no details on the activities of the Iranians in Venezuela and Latin America. Iranian-backed terrorists have conducted few attacks in the region. However, U.S. intelligence officials say Qods operatives are developing networks of terrorists in the region who could be called to attack the United States in the event of a conflict […]
The White House on Friday announced a “summit on entrepreneurship” to build economic ties with the Islamic world, part of President Barack Obama’s outreach to Muslims. The White House said it has invited participants from more than 40 countries over five continents for the April 26-27 conference in Washington. We guess the Treasury holding Islamic Finance 101 seminars […]
Financial jihadists have long held up Dubai as an example of the marriage of modernity and Shariah Islam. Of course, Dubai’s status as a world-class financial center suffered a severe setback when Dubai World defaulted on its Islamic bonds. Nevertheless, just last week, Dubai proudly dubbed its new tallest building, another modern marvel (though there’s […]
While the article linked below from Human Events is not directly related to Shariah Finance, its socio-economic subject matter is of particular interest in view of recent comments by President Barack Obama in which he inferred that “poverty” in Yemen was to blame for Al Qaeda’s presence there and thus, indirectly, the recent failed Christmas […]
Islamists in Kuwait debate loans and interest
We found an interesting article on Kuwait Times this morning. It seems that the Kuwaiti parliament is debating whether or not to “write” off interest on government loans to its citizens. It has been claimed for decades that interest is forbidden in Islam–either charging it or paying it. As a result of that portion of […]
Oxford professor calls for “branding” of Islam
Ample business and market opportunities await Islamic companies in Muslim and non-Muslim countries if they can execute effective branding strategy, according to a branding expert from Oxford University. Dr Paul Temporal, associate fellow at the British university’s business school, said the Islamic values like honesty and cleanliness could provide strong fundamentals for companies to build […]
Northwest Airlines bombing suspect Umar Farouk Abdulmutallab, the 23-year-old son of a wealthy Nigerian banker, became so politically extreme his own father reported him to U.S. authorities. http://abcnews.go.com/Blotter/abdulmuttallab-bankers-son-turned-muslim-radical/story?id=9426890
A Shameless, Shallow Advertorial for Shariah Finance from Oxford Analytica and Forbes.com
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 […]
Sheikh Yusuf al-Qaradawi, the Sunni Islam world’s most prominent Shariah scholar, who has been banned from traveling to the USA and Great Britain due to his ties to terrorist organizations, sits on the Shariah advisory boards of several state-owned Shariah-compliant financial institutions in the Gulf region. (Regular readers of SFW need no introduction to Qaradawi.) […]
UK-based Islamic Charity Imposes Shariah at Indian Refugee Camp
The Muslim Relief Organization, a registered charity operating out in the open in Great Britain, is imposing Shariah law on a refugee camp it has funded in India. There has been a great deal of trouble surrounding Islamic charities, particularly their tendency to fund Jihad through the Islamic system of tithing known as “zakat.” This […]
Shariah Financiers Court Korea
As we have reported here on SFW previously, the Shariah finance missionaries are moving into South Korea, a country with virtually no Muslim population: https://shariahfinancewatch.org/category/south-korea/ The latest da’wah activity aimed at South Korea involves a major upcoming event hosted in Kuala Lumpur which will focus on Korean “investment bankers, advisers, issuers and institutional investors.” http://www.bernama.com/bernama/v5/newsbusiness.php?id=455590
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