posted by Christopher Holton The Islamic Development Bank, the financial arm of the Islamic imperialist Organization for Islamic Cooperation (OIC) has just listed a $1.25 billion sukuk–shariah-compliant bond–on the NASDAQ exchange in Dubai. This illustrates the degree that shariah supremecists exercise control in world financial markets and how incredibly well-financed they are. It also demonstrates […]
posted by Christopher W. Holton Hindu Groups Oppose Entry of Islamic Finance in India…and with good reason. Hindu people have a history of having to endure under the boot of Shariah and countless Hindu have died under the sword of Jihad. Their opposition to the entry of Shariah Finance into India is a positive sign […]
Yale Establishes Shariah Law Center with $10 Million “Donation” From Saudi Shariah Finance Titan
By Christopher Holton Yale has now joined its Ivy League rival Harvard by establishing a center designed to promote Shariah in America. And, just like Harvard, Yale has prostituted itself to do so by taking a $10 million inducement from a wealthy Saudi financier who made his fortune in none other than Shariah-compliant finance. That […]
The Bahrain-based International Islamic Financial Market purports to be a Shariah finance industry entity designed to impose industry-wide standards on the Shariah-compliant finance industry. That may or may not be true. They sure have a slick web site. But when you drill down on their web site, you find some troubling aspects of the organization, its […]
Islamic Development Bank Pushing Shariah Bonds on Turkey
The Islamic Development Bank, the financial arm of the Islamic imperialist Organization for Islamic Cooperation, is pushing Shariah-compliant bonds, also known as sukuk, on an all-too-willing victim: Turkey. Turkey is a prime candidate to embrace Shariah-compliant finance due to the Islamist ideology of its leader, Prime Minister Recep Tayyip Erdoğan. Still, this episode illustrates the methods […]
The Saudi Wahhabi-dominated Islamic Development Bank, the financial arm of the Islamic imperialist Organisation for Islamic Cooperation, continues to push for Shariah through the financial back door, this time in Turkey, where Prime Minister Erdogan no doubt lends a sympathetic ear… http://www.balkans.com/open-news.php?uniquenumber=182279
The Islamic Development Bank, the financial wing of the 57-nation Islamic imperialist Organization for Islamic Cooperation (OIC), has just completed a billion-dollar sukuk offering… http://www.reuters.com/article/2013/05/29/saudi-isdb-sukuk-idUSL5N0EA28620130529
Money Jihad Blog: World Bank Spends Our Money To Promote Shariah
Another excellent posting over on the Money Jihad blog… The World Bank has agreed to collaborate with the Islamic Development Bank (IDB) “in the development of Islamic Finance,” according to the Arab News. http://moneyjihad.wordpress.com/2012/11/22/world-bank-spends-your-money-to-promote-sharia/
Islamic Development Bank proposes “Mega Islamic Bank”
The Islamic Development Bank (IDB), the financial jihad wing of the Organization for Islamic Cooperation (the world’s foremost Islamic imperialist organization), is planning something that sure sounds ominous: a “Mega Islamic Bank.” One of the stated purposes behind such an institution is to develop products to allow Shariah Finance to gain more ground in world […]
The report below is cause for concern. Philippine officials have fallen into the trap of dealing with the Islamic Development Bank (IDB) based out of Saudi Arabia. IDB is a gargantuan institution dominated by Saudi Arabia and based out of Jeddah, which is the most important non-holy city in that country, much more important than […]
Correcting The New Misinformation on Islamic Charities Funding Jihadist Terrorism
The Guardian in the UK has come out with an article (“Counterterrorism laws taking their toll on humanitarian action”) critical of US counterterrorism efforts that are designed to prevent the funneling of money to Jihadist terrorist groups, especially in Gaza and Somalia, two hotbeds of Jihadist terrorist activity. When ever we see misguided and ignorant […]
Given the rash of sukuk (Islamic bond) defaults which occurred in 2009, it is no surprise that an insurance entity backing sukuk would crop up and one has: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a division of the Islamic Development Bank (IDB), will soon be tasked with providing insurance on […]
The Islamic Development Bank, a Saudi-dominated financial proselytizing organization, is planning to launch a dollar-denominated sukuk, or Islamic bond. There are some key Western banks which are helping with this process and we thought that SFW readers may be interested in knowing who they are: BNP Paribas SA Deutsche Bank AG HSBC Holdings PLC Standard […]
Saudi Arabia’s Islamic Development Bank (IDB), a financial institution with the mission of proselytizing Wahhabi Islam through financial influence, is to issue a $1 billion Sukuk (Islamic Bond) to finance its dawa’h operations… http://www.bloomberg.com/news/2010-08-24/islamic-development-bank-to-sell-1-billion-sukuk-for-development-projects.html?
Ingrid Mattson needs no introduction to many SFW readers. She is the president of the Islamic Society of North America (ISNA), which was named an unindicted co-conspirator in the largest successful terrorism financing trial in U.S. history. She also has held prominent positions with the North American Islamic Trust (NAIT), which is another unindicted co-conspirator […]
Islamic “megabank” to launch
The creation of a planned Islamic investment megabank is in ‘fairly advanced stages’ and it will likely be launched in the next six to 12 months, an executive at a firm advising on the project said on Thursday. A plan to form the world’s largest sharia-compliant lender – which is being promoted by the chairman […]
The Islamic Development Bank, a key arm of Saudi Arabia’s Salafi dawah programs around the world, plans to issue $5 billion in sukuk (also known as Islamic bonds) over the next 5 years. The Islamic Development Bank has been quite active in pushing Islam out to the rest of the world by using financial leverage, […]
Saudi-based Islamic Development Bank plans $850 million Sukuk Issue
Saudi-based Islamic Development Bank (IDB) plans to issue Islamic bonds, or sukuk, in the first half of next year worth around $850 million. Note: IDB is the mechanism by which the Sauds buy influence in the Organization of the Islamic Conference nations. http://www.gulf-daily-news.com/NewsDetails.aspx?storyid=266718
The Islamic Development Bank has essentially been a financing arm of the Saudi Salafi imperialist movement for years now. The bank comes into an area with lots of money and the next thing you know, Wahhabi mosques start to appear in areas where there are no Salafi Muslims, if any Muslims at all. Lately, with […]
There are two news stories out of Malaysia this week which, at first glance, appear unrelated. But they’re not unrelated. They have a common thread: Shariah. The first item is about a 32-year old woman in Malaysia who was sentenced to caning by a Shariah court (a form of flogging) for drinking a beer: http://www.watoday.com.au/breaking-news-world/model-whipping-sparks-debate-in-malaysia-20090726-dxac.html […]
Islamic Development Bank could raise $500m bond (sukuk)
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 […]
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