Americans are all-too familiar with the fact that Wall Street has fully embraced Shariah-Compliant Finance. The so-called titans of the financial world have prostituted themselves and their companies in attempts to gain access to petrodollars in the hands of individuals, governments and institutions that adhere to a doctrine that is diametrically opposed to everything American […]
Fox News Channel will air a segment on Sunday, June 10th on the new Patriot Fund, a mutual fund that uses a terror-free screen to exclude companies that have ties to Iran, Sudan and Syria, three Islamic nations on the US State Department’s list of state sponsors of terror. Featured on the segment will be […]
Incumbent Ohio treasurer Kevin Boyce has handed control of his office over to his top staffer, Deputy Treasurer Amer Ahmad, who has a habit of hanging around people who are well-known for ties to Islamic radicals and terrorists. Ahmad does so in his professional capacity, as well as in his personal life, choosing to attend an […]
More on South Korea’s Slide to Shariah-Compliant Finance
On November 19, 2009 · In Center for Security Policy, Citigroup, Creeping Shariah, Debt Bonds, Divest Terror, Iran, Islamic Banking, Islamic Bonds, Islamic Economics, Islamic Finance, Islamization, Salafism, Saudi Arabia, Sharia Compliant, Shariah Banking, Shariah Bonds, Shariah Finance, Shariah Law, South Korea, SUKUK
Linked below is an article which provides a few more details on a subject we have reported on a few times in recent months: the creeping of Shariah finance into South Korea. Before you read this article, we would like to point out a couple of things: 1. Hyundai’s name being mentioned prominently in this […]
Islamic Development Bank could raise $500m bond (sukuk)
On July 9, 2009 · In Al Qaeda, BNP Paribas, Creeping Shariah, Da'Wah, Debt Bonds, Deutsche Bank, Divest Terror, HSBC, Iran, Islamic Banking, Islamic Bonds, Islamic Development Bank, Libya, Muslim Brotherhood, OIC, Saudi Arabia, Shariah Bonds, Sudan, SUKUK, Usmani
The Jeddah, Saudi Arabia-based Islamic Development bank will soon issue a $500 million sukuk or Islamic bond issue. This is rather controversial in Shariah Finance circles since Mufti Taqi Usmani issued an opinion last year declaring that most such instruments are in fact NOT Shariah-compliant and are unislamic. That opinion, along with the world economic […]
The French bank, BNP Paribas has long had a reputation for being willing to do just about anything to make a franc. After all, they were the one Western bank that was willing to step up and provide financing for Iran when no one else would touch the ayatollahs. To this day, BNP Paribas is […]
The American Spectator’s Quin Hillyer focuses on Shariah Finance
On April 10, 2009 · In Amana Funds, Center for Security Policy, Divest Terror, divestment, Iran, Islamic Banking, Islamic charities, Islamic Finance, Islamic Law, Islamization, Qaradawi, Sharia Compliant, Shariah Banking, Shariah Finance, Shariah Law, Terror, Terror Funding, terrorism, USA, Usmani, Zakat
Blocking the Funds of Terrorists It was treated as big news on Tuesday when Manhattan District Attorney Robert Morgenthau indicted Chinese executive Li Fang Wei and his company for using New York banks to finance the sale of tons of restricted, weapons-related material to Iran. But the truth is that some of these same banks […]
In a positive development, two of the most notorious Shariah-ruled nations, Iran and Sudan, will see Western companies that choose to provide them with corporate life support as the $11 Billion Pennsylvania Tobacco Settlement Investment Fund decided to divest from companied doing business in/with Sudan last week. Two links below: http://jasonpoblete.com/2009/03/02/divestment-update-from-pennsylvania-iran-and-sudan/ http://divestterror.blogspot.com/2009/02/pennsylvania-tobacco-settlement-fund-to.html
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