by Christopher W. Holton Here is a report that vividly illustrates the profound differences between charities in the West and “charities” in the Islamic world. Not only do Islamic charities routinely fund Jihad, they also operate Shariah courts. In the case linked below, we have Jamat ud Dawa, a Pakistani charity that has already been […]
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 […]
The link below contains a strong indictment of how Shariah Finance is practiced by many of the Shariah-Compliant firms in the world. Many, if not most, Shariah firms hire Shariah scholars to form boards to advise them on Shariah and make sure that their products and activities are Shariah-Compliant. This surprising source indicates that this […]
Oxford Analytica Continues to Shill for Shariah
The economic consultancy Oxford Analytica has frequently used its space on Forbes.com to promote Shariah-Compliant Finance. We have pointed this out on SFW in the past: https://shariahfinancewatch.org/?s=Oxford+Analytica Oxford Analytica has taken yet another step to promote financial jihad with an article on Forbes.com. This new article is so overrun with troubling and disturbing aspects that […]
Dubai’s golden sands lose their luster
“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 […]
From a Financial Times Report: http://www.ft.com/cms/s/0/8ec1abb4-e2be-11de-b028-00144feab49a,dwp_uuid=aee0503e-e09e-11de-9f58-00144feab49a.html? Islamic finance might have been created by and for devout Muslim bankers and clerics, but big international banks have increasingly become the driving force behind the industry. Final approval is still reserved for the boards of shariah scholars that all Islamic banks require to give them credibility, but services […]
Law firms navigate foggy Dubai regulation as UK awaits asset sale
It seems there isn’t anything in Shariah to cover the restructuring of Dubai World’s debts and assets. This has British lawyers scrambling. Why is this a surprise? It would seem that the lawyers should have done proper due diligence on this matter BEFORE something like this occurred. But, then again, NO ONE in the West […]
Recent moves in Indonesia, including plans by one province to stone adulterers to death, have raised concerns about the reputation of the world’s most populous Muslin country as a beacon of moderate Islam. One ethnic Chinese Indonesian businessman, a practicing Christian who asked not to be quoted by name, said he feared if the trend […]
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 […]
Sudanese journalist Lubna Hussein will face trial Sept. 7 for wearing trousers in violation of government decency statutes derived from Shariah law. If convicted, she faces 40 lashes and a fine. Read more at USA Today: http://www.usatoday.com/news/religion/2009-08-26-muslim-sharia_N.htm
A few weeks ago, we reported here that there are 85 Shariah courts operating in the UK: https://shariahfinancewatch.org/2009/06/29/britain-has-85-shariah-courts-the-astonishing-spread-of-the-islamic-justice-behind-closed-doors/ Now the news is getting worse. The Shariah authorities in Great Britain admit that 5% of their proceedings involve non-Muslims, and there is at least some suggestion that these folks have been intimidated in some way to […]
The article linked below is obviously not directly related to Shariah Finance, but it is an example of Shariah courts operating with authority in a supposedly “secular” nation, with that nation’s courts basically rubber stamping a ruling by Shariah authorities. In this case, the ruling involved burying a man as a Muslim, when his family […]
Creeping Shariah in Great Britain
As we reported here two days ago, there are as many as 85 Shariah courts operating in the United Kingdom today: https://shariahfinancewatch.org/2009/06/29/britain-has-85-shariah-courts-the-astonishing-spread-of-the-islamic-justice-behind-closed-doors/ Now, the British think-tank Civitas has published a new report which indicates (not surprisingly) that Shariah courts are in fact not compatible with Western legal traditions, particularly in the area of human rights. […]
Shariah has successfully infiltrated Great Britain–and it all started with Shariah-Compliant Finance, which was used as the Trojan Horse to set the British at ease with Shariah, setting the stage for wider and deeper infiltration… http://www.dailymail.co.uk/news/article-1196165/Britain-85-sharia-courts-The-astonishing-spread-Islamic-justice-closed-doors.html
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