Iranian Banks Dominate Shariah Banking for the Third Year in a Row
On November 6, 2009 · In Iran, Islamic Banking, Islamic Finance, Sharia Compliant, Shariah Banking, Shariah Finance, Terror, Terror Funding, terrorism
The British periodical, “The Banker,” has published its 2009 rankings of the Top 500 Islamic Financial Institutions and, once again, Iranian banks dominate the rankings.
This is significant because all of the big Iranian banks have been cited for terrorism financing and activities involving fund transfer for proliferation activities.
36% of all assets in Shariah-Compliant banks worldwide are listed as being in Iranian banks by the publication.
Categories
Archives