posted by Christopher W. Holton The Australian Charities and Not-for-Profits Commission has 19 active investigations under way into terrorism financing according to the Australian Associated Press. The Commission has previously conducted and completed 34 such investigations. Seven charities have been “deregistered” as a result of those investigations. Long-time readers of SFW will recall that terrorism […]
posted by Christopher W. Holton Two Sydney, Australia men have been jailed in a $17 million money laundering scheme that, at the very least, operated “alongside” a terrorist sympathizer. Ahmad Ali and Fouad Moussa were sentenced in the New South Wales District Court after pleading guilty to the scheme. “In each case, the deposit was […]
posted by Christopher W. Holton A religious group found to have illegally cleared and developed a rural block north-west of Sydney has been stripped of its charity status following an investigation by the national charities regulator. Mustapha Kara-Ali is the imam of Diwan Al Dawla, an Islamic-influenced guild which runs a religious retreat on a […]
posted by Christopher W Holton Down in Australia, Zakaria Zaatiti is being tried for shooting two teenagers back in August. Details of the shooting aren’t complete in the article linked below but we do know that Zaatiti was denied bail, at least partially because he had conducted internet searches for “rocket propelled grenade,” “Islamic State,” […]
posted by Christopher W. Holton The Second Counter-Terrorism Financing Summit takes place from August 8 to 11 in Bali. The conferences is jointly organized with Australia and includes the participation of representatives from about 30 countries and international organizations. Discussions are expected to center on how to counter the cross-border movement of terrorism. This includes […]
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 […]
Australian Muslim Implicated By Indonesian Authorities for Funding Jihad
Indonesian authorities have revealed they have linked an Australian man to $500,000 they suspect has been used to support terrorism and send Indonesian nationals to Syria to fight with Islamic State. The Australian man is married to an Indonesian woman who the ABC understands is from Java but is now living in Australia. “That man […]
Australia and Indonesia will host a summit of 15 Asian-Pacific nations in November to discuss combatting the flow of terrorism funding, in the first gathering of its kind. Australia and Indonesia’s financial intelligence units, AUSTRAC and the Financial Transaction Reports and Analysis Center (PPATK), will co-host the event, to be held in Sydney. Indonesian terrorism experts have warned […]
7News in Australia has published a report on a topic that is very familiar to readers of SFW: the terror ties of Islamic charities: 7News can reveal some of our charity donations are ending up in the hands of terror organisations like Islamic State. They are large sums, according to Government agencies, who are warning […]
Australian authorities are not investigating enough money laundering offences and the nation’s charity sector is at risk of being used to channel funding to terrorists, an intergovernmental policymaking group has found. http://www.theaustralian.com.au/in-depth/terror/charity-sector-faces-high-risk/story-fnpdbcmu-1227314264173
Australian Senator Jacqui Lambie is considering introducing a bill to stop what she believes is “halal money” funding the Islamic State terrorist group. Senator Lambie said she was prompted to look into the issue after she received hundreds of emails from concerned Australians on the subject. A study that she commissioned the parliamentary library to conduct exposed some “surprising facts” […]
Australian Money Transfer Firm Shut Down Amid Suspicions of Terror Financing
An Australian money transfer business owned by the sister and brother-in-law of a convicted Sydney terrorist named Khaled Sharrouf has been shut down amid concerns it was sending millions of dollars to the Middle East to finance terrorism. Damour Sharrouf and her husband Ahmed Alwash have had their Lakemba firm Bisotel Rieh Pty Ltd suspended after the […]
A Muslim doctor who spoke out against Australian terrorists Khaled Sharrouf and Mohamed Elomar is now the target of threatening tweets from a Twitter account believed associated with Elomar. Twitter account ‘Abu Hafs ozzie’, which shares a similar username to ones previously used by the terrorist, this morning tweeted: ‘Anyone in Sydney who can give me the details of […]
National Australia Bank is considering selling up to $US500 million ($482m) in Islamic bonds in what would be the country’s first issuance of sharia-compliant debt securities. http://sheikyermami.com/nab-set-to-join-rush-for-islamic-cash/comment-page-1/
Note that in the article linked below announcing the first sukuk (Shariah-compliant bond) offerings in Australia, the Wall Street Journal is practically acting like a cheerleader for Shariah Finance. Note also in the article that, in addition to Australia’s sole existing Shariah-compliant investment firm, the nation’s 4th largest conventional lender also has plans to offer […]
Abu Sayyaf kidnappers have set a four-week deadline to be paid or they will behead Australian Warren Rodwell. It should be noted, though, that the original ransom demand of A$2 million has been reduced to A$460,000. http://stayingsafeabroad.blogspot.com/2012/05/philippines-abu-sayyaf-reduces-sets.html
A SENATOR has requested an official inquiry into whether Australian taxpayers are unknowingly funding a Palestinian terrorist organisation. In a letter sent to Foreign Minister Bob Carr last week, Victorian Liberal Senator Michael Ronaldson cited evidence collected by Israeli civil rights organisation Shurat HaDin, which alleges that the Union of Agricultural Work Committees (UAWC), based […]
Australia is on the road towards establishing a local Islamic bond market although the country’s first sukuk (Islamic bond) issuance may be several months away… National Australia Bank is in talks with regulators on a potential debut Sharia-compliant bond offering as the issuer seeks to marry local regulations with such deals’ Islamic requirements. Any sukuk must […]
Islamic Charities: Facing facts (An Australian View from SFW Contributor Dave Clark)
Islamic Charities: Facing facts by Dave Clark, Q Society Vice President for Islamic Finance and Islamic Charities On 10 February this year, Nicola Roxon MP, Attorney General and Jason Clare MP, Minister for Home Affairs and Minister for Justice issued a media release titled “Reports Highlight Risks of Money Laundering and Terrorism Financing” along with three reports […]
Australia is about to get their first Shariah-compliant equity fund and the fund distributor is already busy touting the fund to capture money from non-Muslims by fraudulently claiming that his fund is “socially responsible.” We’ve covered much of this before on SFW, but it never hurts to refresh ourselves to debunk the notion that Shariah-Compliant […]
Hyperion Asset Management, a Brisbane, Australia-based money management firm is the responsible party for allowing the camel’s nose to get under the tent in Australia. “We are delighted to welcome the Hyperion Australian Equity Islamic Fund to Bahrain,” said Economic Development Board chief executive officer Shaikh Mohammed bin Essa Al Khalifa. “This reflects the growing […]
Islamic Finance is Islamic Law for Australia
There’s an election in Australia on 21 August and many Australians are hoping the current Islamic terror supporting Labor Government is bid farewell. http://www.australianislamistmonitor.org/index.php?option=com_content&view=article&id=3670:islamic-finance-is-islamic-law-for-australia&catid=185&Itemid=59
Australian Islamist Monitor Points Out the Inconvenient Truths About Shariah Finance
The financial jihadists have their sights set on our allies down under. Fortunately, there are those in Australia who are sounding the alarm. We can hope that enough people in Australia take notice of their warnings… http://www.australianislamistmonitor.org/index.php?option=com_content&view=article&id=3512:islamic-finance-nick-sherry-and-inconvenient-truths&catid=205&Itemid=59
We are very pleased to bring to SFW readers a submission from a financial insider who has seen the world of Shariah-Compliant Finance up close and personal, David Clark. David has spent several years structuring Shariah compliant finance deals. In this time he had access to the leading Islamic scholars and Shariah boards and learned just what a joke “Islamic finance” […]
To follow up a story we’ve already reported on twice, the UAE’s efforts to infiltrate Australia with Shariah Finance, we found an article which describes these activities vividly. Nearly two years ago, at an Economic Conference in Kuala Lumpur, Malaysia, several high ranking ministers from Islamic nations released a statement encouraging the “Islamic finance” industry […]
Last July, we reported on the first leg of a UAE “trade mission” to Australia whose aim it was to promote Shariah finance in Australia. That same mission is now on the second phase of its dawah operations Down Under. Ironically, virtually the entire effort is being driven by the government of Dubai, which has […]
A Shariah-compliant co-op in Australia is being billed as an “ethical” alternative for investors, Muslim and non-Muslim alike. This is typical of the marketing and public relations efforts surrounding Shariah finance. Members of the industry itself openly discuss ways of marketing Shariah Finance to non-Muslim investors as “ethical investing” while excluding any reference to Shariah […]
Former National Australia Bank executive Ahmed Fahour is aiming to build the world’s first global Islamic investment bank following his appointment to the Middle Eastern bank Gulf Finance House. The Lebanese-born Australian will take charge of the Bahrain-based bank next month, looking to offer oil rich Gulf states with investment opportunities ranging from infrastructure and […]
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