posted by Christopher W. Holton Just another way in which jihad has cost the world so much in terms of money, not to mention human misery, economic disruption and the costs of increased security… Close to 1,600 victims of terror attacks have applied to the Financial Assistance Commission for compensation, according to the Justice Department. […]
Posted by Christopher W. Holton This is a story that should be getting much more attention, but for the Wuhan virus dominating the news. This guy lived for 13 years in Austria and sent money back to Lebanon to fund the Jihadist terrorist organization Hezbollah. This shows the degree to which Hezbollah has embedded itself […]
Six go on trial in Sweden for financing the Islamic State
posted by Christopher W Holton Six Uzbek and Kyrgyz nationals living in Sweden went on trial in Stockholm on Monday accused of funding terrorism, three of them also charged with plotting a terrorist attack. The first day of the trial focused on the prosecution’s claim that the six men sent funds to the Islamic State to […]
Man arrested in Al Anbar province in Iraq for funding the Islamic State
posted by Christopher W. Holton Al Anbar province in Iraq was the worst hotbed for jihadist activity during the insurgency in the wake of the overthrow of Saddam Hussein. It still presents a challenge for Iraqi authorities today… “ Iraqi authorities announced on Monday the capture of a man for providing funding for the terrorist […]
U.S. quietly rolling up Hezbollah financing in Latin America
posted by Christopher Holton Hezbollah has for decades been building up infrastructure and support in Latin America. This process has gone largely unchecked until recently. As Joseph Humire reports in The Hill, that appears to be changing now… On July 11, 2018, the government of Argentina took its first action against Hezbollah by freezing the […]
posted by Christopher Holton Regular readers of SFW know that one of the chief concerns surrounding Shariah-compliant finance is the issue of Islamic charities funding jihad. We have posted dozens of articles on the subject over the years. This posting is but the latest example. A Briton named Umar Haque has been sentenced to prison […]
Bandow: Saudi Arabia funding creates breeding ground for Jihad
posted by Christopher W Holton Doug Bandow, writing in the Orange County Register, reminds us that Saudi Arabia has created breeding grounds for Jihadists around the world. Excerpts and link below… Saudi Arabia and the United Arab Emirates have attacked their neighbor, Qatar, for supposedly supporting terrorism. They pretend to be firefighters, but spent years […]
Here we have, unfortunately, yet another example of an enemy within. These stories of homegrown Jihadis here in the U.S. are becoming more and more frequent. This particular case shows why we need a terrorist registry in every state in the United States similar to the sex offender registry that currently operates from coast to […]
Why It’s a Bad Idea for Western Financial Firms to Get Involved in Zakat
by Christopher W Holton The issue of zakat is one that is central to the concerns about Shariah-compliant finance, but concerns about zakat should extend far beyond Shariah finance alone. Zakat is a real threat because it is doctrinal in Islam and no figure, organization or body in Islam has the authority to change it. […]
An Example of Disinformation on “Islamic Banking”
posted by Christopher W. Holton Linked below is a rather typical example of the taqiyya that is used to promote Shariah-compliant finance, in this case Islamic banking. Practitioners of Shariah-finance are fond of defining it simply as “interest free.” There is much more to Shariah finance besides the interest-free aspect. First of all, the term […]
posted by Christopher W. Holton Income for the Islamic State has dropped by 80-percent over two years. According to a study of its finances, an extended air campaign, and loss of territory, hit the oil and tax revenue streams for the militant group. The self-proclaimed caliphate earned an average of $81 million in the second […]
by Christopher Holton First it was the suppression of the 28 pages of the 9/11 report. Now, 16 years after 9/11, the West still has not learned its lesson. The British government reportedly is suppressing a report which shows that Jihad in the U.K. is largely funded by Saudi Arabia. Once again, the treacherous Saudis […]
UAE Media Fingers Qataris for Funding Al Qaeda
posted by Christopher W. Holton Al Arabiya is a major news organization out of the United Arab Emirates. It has also become a player in the isolation of Qatar engineered by Saudi Arabia, the UAE and Bahrain. (Qatar deserves the isolation.) Al Arabiya has taken the unusual step of naming wealthy Qataris who it says […]
posted by Christopher W. Holton Gilbert Chagoury donated millions of dollars to the Clinton Foundation. He also donated to a Lebanese organization with financial ties to Hezbollah, designated as a Foreign Terrorist Organization by the U.S. State Department. Let that sink in. Hillary Clinton was Secretary of State. A huge donor to her family foundation […]
posted by Christopher W. Holton More and more online outlets are waking up to the fact that Islamic charities fund jihad… Islamic Relief Worldwide (IRW) was in November 2014 designated a terrorist group by the UAE, the second Middle Eastern country to do so. In June 2014, Israel declared IRW a financial conduit to Hamas, […]
by Christopher W. Holton Last week, 26 AIPAC nations got together in Indonesia to hold a summit on terrorism financing. The report from the summit identified four major sources for terrorism funding. Keep in mind that all of this deals with Islamic terrorism, i.e. Jihad, as no other forms of terrorism are known to exist […]
posted by Christopher W. Holton John Guandolo of Understanding the Threat has posted a brief article on the role of zakat in funding Jihad… https://www.understandingthethreat.com/muslims-paying-zakat-are-funding-terrorism/ UTT has also posted a brief video on the subject… https://www.youtube.com/watch?v=hNwsY1FeLko
posted by Christopher W. Holton Islamic State-linked group wants $5.6 million paid by Aug. 15 for 7 Indonesians it kidnapped June 20. The Abu Sayyaf militant group is holding seven Indonesians it kidnapped June 20 in the Southern Philippines jungles of Sulu, for which it has reportedly asked a ransom of 250 million pesos ($5.6 […]
Australia and Germany Cease Funding for World Vision
posted by Christopher W. Holton As we reported here a few days ago, World Vision, a Christian charity with a clear anti-Israel bias, was charged in Israel with funding HAMAS, a Jihadist terrorist organization, thanks to the actions of one of the charity’s leading Muslim employees. Now, Australia and Germany have decided that funding World […]
posted by Christopher W. Holton There are growing concerns in Australia that the country’s Muslim population has become a surreptitious source of funding for Jihad across Asia… http://www.abc.net.au/news/2016-08-10/australia-monitoring-terrorist-groups-in-asia-for-funding-links/7711802 Meanwhile, Australia has set up a special unit to track such payments over the Internet… Australia has set up a cyber-intelligence unit to identify terrorism financing, money […]
by Christopher W. Holton We’ve seen this before with Jihadists in Europe, but this is especially infuriating. The Jihadis who carried out the horrific terrorist attacks in Paris and Brussels were on the welfare rolls and collected tens of thousands of euros from the public treasury… https://www.jihadwatch.org/2016/08/paris-and-brussels-jihad-killers-got-56000-in-welfare-while-planning-attacks
by Christopher W. Holton Long-time readers of SFW know that the subject of Islamic charities funding Jihadist terrorism is one of the topics we have covered most closely and frequently over the years. Scores of Islamic charities worldwide, including right here in the USA, have been implicated in funding jihad. You can read all about […]
posted by Christopher W. Holton There could scarcely ever be a more glaring example of treacherous U.S. policy than what we see here. Earlier this week, the Jihadist terrorist group HAMAS, which dominates the Palestinian movement, attacked an Israeli transit bus in an Islamikaze attack eerily reminiscent of such attacks in the 1990s when HAMAS […]
posted by Christopher W. Holton The Islamic State derives at least a significant portion of its income from oil revenue. U.S. air strikes have reduced that revenue stream. Also, because the number of people living under the direct control of the Islamic State has declined, tax revenues have declined. All of this data comes from […]
posted by Christopher W. Holton Saudi Arabia has long been a major incubator for global jihad, both violent and civilizational. It isn’t the only country that has promoted Islamic supremicism, but it is certainly the wealthiest. The Saudis’ enormous wealth has enabled them to greatly influence the political process here in America and even enlist […]
Boko Haram resorts to cattle poaching to raise funds
posted by Christopher W. Holton The savage jihadist group Boko Haram has added another method of funding jihad: cattle rustling… Boko Haram now sells stolen cattle to fund terror
Secretary of State John Kerry acknowledged to CNBC Thursday that some of the money Iran received in sanctions relief would go to groups considered terrorists. When asked about whether some the $150 billion in sanctions relief to Iran would go to terrorist groups, Kerry reiterated that, after settling debts, Iran would receive closer to $55 […]
posted by Christopher W. Holton Well worth checking out, particularly details about the funding of the Jihadis who carried out attacks in France… 10 biggest terror finance news stories of 2015
posted by Christopher W. Holton In a significant and stunning development, banking and financial services giant HSBC, which in the past has been cited for violating sanctions against Iran, has taken the bold, admirable move of cutting ties to one of the world’s largest Islamic charities, Islamic Relief, due to fears that funds controlled by […]
Posted by Christopher W. Holton Palestinian Islamic Jihad has reportedly suspended payments to its terrorists for three months. The suspension has occurred despite Iran’s recent pledge to continue to fund Islamic Jihad. No Iranian money has been transferred and the reason for the delay is reportedly unknown. For decades, Iran sent hundreds of millions of dollars to Islamic Jihad, but, because of disputes over […]
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