Why Do Islamic Charities Send Zakat to Terrorists? Because Shariah Says They Must
On October 11, 2013 · In fiqh, Islam, Islamic charities, Islamic Finance, Islamic Law, ISNA, Jihad, Jurisprudence, mosques, Muslim Brotherhood, Obama, Saudi Arabia, Sharia Compliant, Shariah Finance, Shariah Law, Taqiyya, Terror Funding, Zakat
One of the most popular and most important subjects on SFW is the issue of Zakat. Zakat is a form of tithing in Islam and is considered one of the Five Pillars of the faith. Essentially, every Muslim who is able to do so is required to give 1/40 of his wealth each year to […]
Andrew McCarthy: Elena Kagan’s ‘Don’t Ask Don’t Tell’ Shariah Policy
On July 9, 2010 · In Creeping Shariah, Elena Kagan, HARVARD, Human Rights under Shariah, Human Rights under Shariah Law, Islamic Finance, Islamic Law, Islamization, Jihad, Jurisprudence, Prince Bin Talal, Saudi Arabia, Shariah Finance, Shariah in Academia, Shariah Law, stealth jihad, USA, Usury, Women's Rights Under Shariah Law
This is a VERY important article. It does an excellent job of detailing the origins of Shariah-Compliant Finance, how it fits in with the broader world of Shariah, and why Americans need to be concerned. We have excerpted part of the article below and provided a link. If you only read one article on Shariah […]
GIVING THE ZAKAT TO THE MUJAHIDEEN
On April 12, 2010 · In fiqh, Islamic charities, Islamic Law, Jihad, Jurisprudence, Shariah Law, Terror, Terror Funding, terrorism, Zakat
Some still deny that zakat, a form of tithing to charity in Islam, funds Jihad. Today we find the latest evidence of this purpose for zakat. It comes to us from the Islamist web site, Islamicemirate.com. This popular Muslim web site has a fiqh section dedicated to answering questions about Shariah. Here is a question […]
For those who ignore the issue of zakat in Shariah-Compliant Finance, the photograph below should be a revelation. It shows an executive with a Malaysian Islamic Bank handing over a zakat payment to a zakat official with the Malaysian government. At this point we don’t know if a portion of that money will end up […]
Dubai’s golden sands lose their luster
On December 12, 2009 · In "Ethical Investment", Abu Dhabi, Debt Bonds, Defaults, Dubai, Dubai Investment Group, Dubai Islamic Bank, Economic Crisis, Emirates, Investment Scams, Investment Swindles, Islamic Banking, Islamic Bonds, Islamic Economics, Islamic Finance, Islamic Law, Jurisprudence, Sharia Compliant, Sharia Products, Shariah Banking, Shariah Boards, Shariah Bonds, Shariah Councils, Shariah Courts, Shariah Finance, Shariah Law, SUKUK, UAE
“Investors trapped by the financial storm in the United Arab Emirates are in unknown legal territory as they try to protect their billions.” (The Times, 10 December 2009) The Dubai default debacle demonstrates in stark detail how the lack of transparency and failure to disclose relevant facts make Shariah Finance risky. Long ago–decades ago–the rest […]
Diploma in Islamic finance for muftis in India
On October 15, 2009 · In India, Islamic Finance, Islamic Law, Islamic schools, Jurisprudence, madrassas, Shariah Boards, Shariah Councils, Shariah Finance, Shariah Law
A madrassa in Hyderabad will offer a diploma course in Islamic finance to muftis, for the first time in India. The diploma in Islamic finance would focus on imparting knowledge to students in economics, investment according to Shariah rules and preparation of the documents for financial products and services. http://economictimes.indiatimes.com/Diploma-in-Islamic-finance-for-muftis/articleshow/5127143.cms?
QInvest and Fortis Bank Nederland to create first Shariah Compliant “Mezzanine” Shipping Fund.
On September 4, 2009 · In Dow Jones, Dow Jones Islamic Market, Fatwa, Financial Institution, fiqh, Islamic charities, Islamic Finance, Islamic Law, Jurisprudence, Qaradawi, Qatar, Sharia Compliant, Shariah Boards, Shariah Councils, Shariah Finance, Shariah Law, Terror Funding, Zakat
The Netherlands has now joined the Shariah nightmare as one of that country’s biggest banks, Fortis, is teaming up with QInvest of Qatar to launch a fund to target financing opportunities in the marine transportation industry. This actually gives SFW the opportunity to comment on the wider implications of Shariah Compliant Finance and some of […]
Egyptian Muslim leaders are caught in a storm of controversy after a human rights group confronted them about a fatwa (Islamic edict) that stated the building of a church is “a sin against God.” Grand Mufti Ali Gomaa, the highest official of religious law in Egypt, and the justice minister have issued an investigation of […]
Shariah-Compliant Finance is based on Shariah, sometimes referred to as “Islamic law.” This fact alone makes the issue of settling disputes in transactions involving Shariah-Compliant Finance problematic and it is an issue that the industry has not addressed and seems poised to be stalemated over. Note also that in the article linked below that a […]
In what can only be described as more proof that Shariah has no place in modern, intelligent society, a Saudi scholar has used convoluted Shariah logic to declare that bio fuel is a sin because it contains alcohol…some things you just have to see to believe… http://www.alarabiya.net/save_print.php?print=1&cont_id=66803&lang=en
Ohio Islamic cleric Salah Sultan threatens US on Egyptian TV
On January 7, 2009 · In fiqh, Hamas, Israel, Jurisprudence, Shariah Councils, terrorism, Uncategorized
Patrick Poole has posted an excellent, but disturbing, piece over on Pajamas Media about Muslim cleric Salah Sultan’s recent appearance on Egyptian television warning America that, in addition to the wrath of allah, one of these days we’re going to “suffer” more deaths than HAMAS is enduring in Gaza right now. http://pajamasmedia.com/blog/top-american-islamic-cleric-threatens-us-on-egyptian-tv/ There IS a Shariah-Compliant […]
NewsMiddle East and India: The new road to riches Author: Sophie Evans http://www.legalweek.com/Articles/1111736/Middle+East+and+India+The+new+road+to+riches.html Published: 03/04/2008 02:30 Abu Dhabi has taken huge strides towards eclipsing Dubai in the headlines, with news of big-ticket projects planned for the UAE’s capital. Law firms have responded with a string of recent office launches. Sophie Evans explores the Abu Dhabi-Dubai […]
» 01/31/2008 15:26 SAUDI ARABIA Abdullah to reform kingdom’s much criticised justice system Reforms might include new specialised courts and better trained judges. Sharia colleges are especially singled out for criticism. Scholar points out that they tend to attract poorly qualified students and offer very partial education. An editorial in Arab News calls for upgrading […]
Islamic Banking 102-Differentiating between SUKUK and Debt Bonds
On January 31, 2008 · In Fatwa, Financial Institution, Islamic Banking, Islamic Economics, Jurisprudence, SUKUK
Differentiating Between Sukuk and Debt Bonds By Lahem al Nasser In my last article I discussed the necessity of taking into consideration the controversial jurisprudential dispute entailed in Islamic bonds (sukuk) during the rating process conducted by credit rating agencies. In response to the aforementioned article, I received a comment from the General Manager of […]
Forbes-As Islamic banks boom, scholars are hard to find.
On January 22, 2008 · In Dhimmitude, Dubai, Dubai Investment Group, Financial Institution, Investments, Islam, Islamic Economics, Jurisprudence, Markets and Trends, Sharia Compliant, Sharia Products, Shariah Boards, Shariah Bonds, Shariah Finance
go to the link to read this very revealing article on Forbes FEATURE-As Islamic banks boom, scholars are hard to find Forbes – NY,USA A small group of usually robed and bearded Islamic scholars — experts in Islamic law, known as sharia — holds sway over the booming bank sector, …
ALERT-Opening Doors to Islamic Financing
On January 20, 2008 · In Dhimmitude, Financial Institution, Investments, Islam, Islamic Economics, Islamic Index, Jihad, Jurisprudence, Markets and Trends, Regulation, SEC, Sharia Compliant, Sharia Videos, Shariah Bonds, Shariah Finance, Shariah insurance, Shariah Law, USA
Welcome to UIFC: OPENING DOORS TO ISLAMIC FINANCING (hat tip Margo I) Jan 20, 2008 University Islamic Financial Corp: Islamic Banking & Islamic Finance http://www.universityislamicfinancial.com/?gclid=CKfWqq7dhZECFRsTawod-jEFGQ University Bank is a community bank based in Ann Arbor, Michigan serving the diverse needs of all consumers and is rated Outstanding by the FDIC for community service and community […]
, NYC is not moving to Islamic law January 16 But the New York City Bar Association is presenting a program about the Fatwa. I’ll let the lawyers explain it: The latest in the New York City Bar Association’s continuing presentations on Islamic Law brings together an outstanding panel to discuss the primary element of […]
This article shows the hypocracy of sharia finance and also shows that we have to be very careful about letting it proliferate in the west. commens by Allyson Rowen Taylor Article published Jan 14, 2008 Islamic bonds hit by scholar January 14, 2008 By Sebastian Abbot – MANAMA, Bahrain (AP) — The booming market for […]
Thank you Andrew Bostom for great work regarding the information regarding the implimentation of Shariah Law in Britain. This is a sign of what will happen if we do not stop the influx of Shariah complient funds .http://www.andrewbostom.org/blog/ Britain: “The process of ‘cleansing’ Muslim-majority areas of non-Muslims has already begun.” January 13th, 2008 (6 hours […]
Business Week-“Who’s Afraid of Mideast Money?”
On January 11, 2008 · In Abu Dhabi, Bahrain, Bloomberg, Britain, Brunei, Chinese, Denmark, Dhimmitude, Dubai, Emirates, Europe, Fatwa, Financial Institution, HSBC, India, Investments, Iran, Islam, Islamic Economics, Jihad, Jurisprudence, Kuwait, Malaysia, Markets and Trends, Norway, Pakistan, Qatar, Saudi Arabia, Sharia Compliant, Sharia Products, Shariah Boards, Shariah Law, Sweden, USA
This is one of the most important articles to read about the emerging power and takeover of the West by Middle East Money. We should all be afraid…very afraid. However the lust for greed and money will be the downfall of the democracy we live under unless we can change this course of selling our […]
Business Week-“Who’s Afraid of Mideast Money?”
On January 11, 2008 · In Abu Dhabi, Bahrain, Bloomberg, Britain, Brunei, Chinese, Deutsche Bank, Dhimmitude, Dubai, Emirates, Europe, Financial Institution, HSBC, India, Investments, Iran, Islam, Islamic Economics, Jurisprudence, Kuwait, Markets and Trends, Norway, Oman, Pakistan, Qatar, Saudi Arabia, Sharia Compliant, Sharia Products, Shariah Boards, Shariah Bonds, Shariah Finance, Shariah Law, Stock Exchanges, Sweden, Terror, UAE, USA
<!– if (!window.OAS_sitepage) { var BW_site; // use for new ad site var BW_page = “/printerfriendly”; var OAS_listpos; // use to restrict the number of available page positions document.write(”); } //–> THIS IS ONE OF THE MOST IMPORTANT ARTICLES I HAVE POSTED. IT IS A MUST READ, AND ONE THAT NEEDS TO BE READ AND […]
This article must be read, and reread. Try to understand why this author, is concerned about the rise of Islamic banking. His concerns are that the boards who oversee the banking and fast growth do not have the time to examine the institutions to make sure that they are “halal”. The issues of whether the […]
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