As we have mentioned several times on SFW, Shariah bonds, known as “sukuk,” have become the foil brandished by the financial jihadists to infiltrate Shariah into countries by using the lure of capital.
According to the Wall Street Journal and Standard & Poor’s, the next target for sukuk will be Africa.
We cannot help but notice that the financial jihadists targeting Africa with sukuk coincides with violent jihadists increasingly targeting Africa as well. We have seen Al Qaeda active in places like Mali, Niger, Morocco, Libya and Algeria. We have seen Boko Haram carry out deadly attacks in Nigeria and Cameroon. And everyone is well aware of Al Shabaab in Somalia and Kenya. This is not the first time that the world has seen the financial jihad coincide with violent jihad.
But is it a mere coincidence?