Al Shabaab collecting zakat in Somalia
The Al Qaeda-affiliated Jihadist organization Al Shabaab is reported to be collecting zakat from the citizenry of Somalia to help finance its terror campaign. News reports claim that Al Shabaab is “extorting” this money on the pretense that it is for the “needy” and then are turning around and using it for military activities, but […]
The Egyptian Muslim Brotherhood wanted to have control of Egypt for 80 years and now they finally have it. Only problem is, things look a lot different from the seat of power than they do from the outside. Egypt is in terrible financial condition, in large part due to the fact that the Muslim Brotherhood […]
Mastercard: The Credit Card of the Ayatollahs
According to Shariah scholars, Shariah-compliant Muslims are not supposed to pay or receive interest. Nevertheless, many Muslims around the world have credit cards. The Shariah-observant Muslims get around the ban on interest by paying off their balances every month so as not to incur interest charges. But a lot of Muslims use credit cards just […]
How Zakat Funds Jihad
From time to time SFW provides links to primary sources which affirm the use of zakat funds to support violent jihad. For new readers who are unfamiliar with the term “zakat,” it is a form of tithing in Islam. Individuals, as well as businesses, are required to pay it. Muslims who are able to do […]
A report in Pakistani media indicates that one of the Islamic world’s most notorious charities has been making appeals for zakat funds using Twitter. Jamaatud Dawa is considered the political arm of Lashkar-e-Taiba, the Jihadist terrorist organization that carried out the 2008 Mumbai terrorist attack. In fact, in 2008, after the Mumbai attack, the United […]
Nigeria is a country that has been wracked by violence from Boko Haram Islamic terrorists. They have been particularly brutal in their attacks on Christian worshippers in churches on Christian holy days, such as Christmas and Easter. Now the financial jihad has come to Nigeria. At a zakat seminar (NOTE: zakat is used to fund […]
An Extremely Important Article on Shariah-Compliant Finance from Congressman Allen West
Investor’s Business Daily and Congressman Allen West have teamed up overnight to publish an extremely important op ed penned by Congressman West on the subject of Shariah-Compliant Finance. In his column, Congressman West points out virtually all of the major concerns surrounding Shariah-Compliant Finance and laments that it has received no critical scrutiny from US […]
WorldNetDaily has a new report out this morning about the American Freedom Law Center’s continuing legal fight over AIG’s takaful division, which is effectively subsidized by the US taxpayer due to the massive federal bailout of AIG over 3 years ago… http://www.wnd.com/2012/06/battle-against-taxpayer-funded-shariah-escalates/?cat_orig=us The federal government has effectively been able to ignore the US constitution in […]
Shariah Finance Watch editor briefs Congressional staffers on Shariah-Compliant Finance
Recently we had the opportunity to brief staff members from 10 Congressional offices on the threat of Shariah Finance. The briefing was recorded and we have posted the full 1-hour briefing here for SFW viewers… Shariah Compliant Finance and Financial Jihad
On June 1, 2012, the U.S. Court of Appeals for the Sixth Circuit ruled that a federal taxpayer lacks “standing” to challenge the government’s use of taxpayer funds to support sharia-based activities. The case, which is captioned on appeal as Murray v. United States Department of Treasury, et al., was brought by American Freedom Law Center […]
Irish Attorney: “Financial shock would never have happened under shariah”
Every once in a while we come across a story that is really outrageous. Some or outrageous because they are inaccurate. Others are outrageous because they are simply offensive. Today we bring to you an article from John King, an attorney with one of Ireland’s most prominent law firms, in which he makes the case […]
We were heartened to learn on Friday that the Kansas senate had followed the example of the Kansas House of Representatives by voting overwhelmingly in favor of American Laws for American Courts legislation there. American Laws for American Courts (ALAC) legislation was crafted to protect the constitutional rights of Americans against the incursion of foreign […]
European Nations Fund Jihad Through Ransoms
Money Jihad blog has another excellent and important story up about ransom payments by European nations to Jihadists, Al Qaeda in the Islamic Maghreb (AQIM) in particular. Note especially the explanation with regard to ransom payments and Shariah in the Money Jihad posting. Note also that the amount of money paid by Spain and France […]
One of the chief concerns about Shariah-Compliant Finance surrounds the use of Shariah advisors who end up controlling a great deal of money invested in Shariah-compliant instruments and institutions. Some of these advisors, such as Sheikh Yusuf al-Qaradawi and Mufti Taqi Usmani, have known ties to Jihadist terror groups. But even in the cases where […]
…if she is Shariah adherent, 1/40th of this will go to zakat…that’s $125,000. One of the eight acceptable destinations for zakat under Shariah is to “those fighting in the way of allah,” defined as those engaged in Islamic military operations who are not on any Army roster. http://www.chicagotribune.com/news/sns-mct-muslim-woman-gets-huge-award-in-workplace-20120505,0,6271844.story
One of the chief concerns about Shariah-Compliant Finance has to do with zakat, the system of tithing in Islam that so often involves the funding of Islamic charities which in turn distribute money to violent Jihadist terrorist organizations, particularly HAMAS and Lashkar-e-Taiba. Proponents of Shariah Finance act as if this concern is completely unfounded and […]
The Taliban have appealed for donations on one of their websites, to finance the Jihad against non-Muslims. Complete with telephone hotlines and email addresses, the appeal was posted on a Taliban website asking Muslims worldwide to help the rebels in what they say is a “Jihad”, or a holy war, against non-Muslim “invaders”. … “In […]
A zakat controversy is brewing in Indonesia. For those who do not know, zakat is a form of tithing in Islam and is one of the five pillars of Islam. Westerners have concerns about zakat–especially as to how zakat interacts with Islamic charities and Shariah-compliant finance–because Shariah states that a portion of the zakat can […]
ICNA: Zakat for Jihad
The Islamic Circle of North America (ICNA) was identified as a Muslim Brotherhood organization in the Holy Land Foundation prosecution, the largest successful terrorism financing prosecution in US history. Recently, ICNA announced that they are embarking upon a $3 million propaganda campaign to promote Shariah in America: http://www.centerforsecuritypolicy.org/p18956.xml?genre_id= ICNA has a division called ICNA Relief, […]
Al-Haqiqah in Arabic, a web site published by the opposition France-based Syrian National Council for Truth, Justice, and Reconciliation, on 9 April publishes a 1,300-word “exclusive” report saying that Al-Faruq Battalion, which is affiliated with the opposition Free Syrian Army (FSA), is imposing Jizyah (an extra tax imposed on non-Muslims living under Muslim rule) on […]
Imams yesterday expressed their concern over the poor knowledge the Muslim community in the country has for zakat (tithe) and reminded Muslims of their Islamic obligation by paying the zakat harta once they meet the requirements. It is clear that the knowledge of the muslim community about the zakat laws is still relatively low, said […]
We suppose that when you live under an atheist, communist system, it makes no difference to you whether the food is halal or haram. Add in a dash of capitalism and presto! You get a foothold for Shariah-compliance in a city-state with virtually no Muslim population. Such is the nature of the petrodollar driven Islamic […]
Here we have two important links that touch on themes that we have covered extensively over the years: Zakat, Jihad and Shariah-Compliant Finance. The first article from the excellent Gates of Vienna blog, points out that one of the destinations of zakat (tithing in Islam) is “those fighting in the way of allah…” http://gatesofvienna.blogspot.com/2012/04/on-zakat-and-jihad.html The […]
Few statements are more revealing than the statement that Americans take liberty too seriously from this forum on “Islam and Universal Healthcare.” It seems that according to the Islamists, Islam has the answer for universal healthcare: zakat, the form of tithing in Islam that includes support for those waging violent Jihad… http://www.gaiaonline.com/forum/extended-discussion/islam-and-universal-healthcare-zakat-and-what-we-can-learn/t.78869687/
A division of the Muslim Association of Canada which has provided funding to an entity that collects funds for HAMAS is essentially in charge of Halal certification in Canada. To declare something “halal” is to declare it permissible under Shariah. HAMAS is an official terrorist organization according to the US State Department. http://pointdebasculecanada.ca/articles/10002592-muslim-association-of-canada-a-contributor-to-hamas-fund-collector-controls-halal-certification-in-quebec.html
A firm called Ethical Asset Management in the UK is launching a Sukuk fund for individual investors. This is fairly unremarkable, but the designation “ethical” is worth commenting on. Ethical is a subjective term. To most Westerners, there is little or nothing ethical about Shariah. On the contrary, many of the tenets of Shariah are […]
It is widely known that much of the funding for Jihadist terrorist organizations, such as Al Qaeda, Hamas, Abu Sayyef and Jemaah Islamiyah come from private donations to Islamic charities through zakat payments, a system of tithing in Islam. The Saudi government claims that they are virtually powerless to stop this activity, something that makes […]
The New York Times published a disturbing article today in which illustrates the emergence of Shariah Finance globally at the expense of conventional finance. While Western lenders are simply not lending these days, sukuk (Islamic bond) issuances are soaring. The long-term impact of this is negative for Western Civilization because it facilitates the acceptance in […]
Shariah Finance Watch hears from Mr. Oliver Agha, a Shariah Compliant Lawyer
Recently, Shariah Finance Watch received the letter below in response to a posting we published on 31 January. (https://shariahfinancewatch.org/2012/01/31/is-shariah-compliant-finance-a-failure-a-self-serving-answer-from-the-financial-jihadis/) To Whom It May Concern: I write to clarify certain facts and set the record straight in relation to an article published on-line and displayed on the website “Shariah Finance Watch” on January 31, 2012 […]
Congressional Report: Hezbollah has “several thousand” donors in the USA
A report issued by the House Homeland Security Committee indicates that Hezbollah has a large and threatening presence inside the USA and is successfully raising funds inside the USA to support its Jihad. Among the findings outlined in the report which are particularly relevant for SFW readers: • Counterterrorism officials consider Hezbollah fundraising cells to […]
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