posted by Christopher W Holton Down in Australia, Zakaria Zaatiti is being tried for shooting two teenagers back in August. Details of the shooting aren’t complete in the article linked below but we do know that Zaatiti was denied bail, at least partially because he had conducted internet searches for “rocket propelled grenade,” “Islamic State,” […]
Why It’s a Bad Idea for Western Financial Firms to Get Involved in Zakat
On December 18, 2017 · In IIIT, Islamic charities, Islamic Law, ISNA, Jihad, Shariah Finance, Shariah Law, Terror Funding, Uncategorized, Zakat
by Christopher W Holton The issue of zakat is one that is central to the concerns about Shariah-compliant finance, but concerns about zakat should extend far beyond Shariah finance alone. Zakat is a real threat because it is doctrinal in Islam and no figure, organization or body in Islam has the authority to change it. […]
posted by Christopher W. Holton John Guandolo of Understanding the Threat has posted a brief article on the role of zakat in funding Jihad… https://www.understandingthethreat.com/muslims-paying-zakat-are-funding-terrorism/ UTT has also posted a brief video on the subject… https://www.youtube.com/watch?v=hNwsY1FeLko
Former president Bill Clinton, whose wife Hillary Clinton is the Democrat nominee for president, took some $5.6 million between 2012 and 2014 from Dubai-based GEMS Education, which runs 51 Shariah schools in the Mideast having some 250,000 students. It has schools in other countries and regions, including Asia, the United Kingdom, Africa and even Chicago, […]
by Christopher W. Holton Long-time readers of SFW know that the subject of Islamic charities funding Jihadist terrorism is one of the topics we have covered most closely and frequently over the years. Scores of Islamic charities worldwide, including right here in the USA, have been implicated in funding jihad. You can read all about […]
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 […]
Yale Establishes Shariah Law Center with $10 Million “Donation” From Saudi Shariah Finance Titan
On September 15, 2015 · In Bin Laden, Islamic Banking, Islamic Development Bank, Islamic Finance, Islamic Law, Jihadist Groups/Individuals, OIC, Saleh Abdullah Kamel, Saudi Arabia, Shariah Boards, Shariah Finance, Shariah Law, Terror Funding, Yale
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 […]
An assistant registrar of a Shariah court was charged in the Kuantan Sessions Court today with bribery, involving RM3,500, last year. Mohd Kahar Arshad, 48, who is with the Pekan Shariah Court, however, pleaded not guilty to the charge. He was alleged to have accepted the bribe from one Hurul-Ain Hanafi at 4.20 pm on […]
Seattle Mayor Edward B. Murray has introduced a plan to provide affordable housing in a city that is home to much of the high-tech industry’s wealthiest individuals and businesses. Overshadowing the irony of this scheme is this part of the plan: Support the Community in Finding Housing Tools for Sharia-Compliant Lending: For our low – and […]
Ramadan Reminders of Zakat
On June 15, 2015 · In Islamic Law, Jihad, Jihadist Groups/Individuals, Ramadan, Shariah Finance, Shariah Law, Terror Funding, Zakat
Ramadan starts on 17 June and, as usual, with the onset of Ramadan, the Islamic media is littered with reminders for Muslims of the importance of Zakat, the obligatory charity tax that is one of the 5 pillars of Islam. Zakat is also one of the most troubling aspects of Islam for non-Muslims and one […]
Interest in Shariah-compliant dress codes around the world is growing at the same time Muslims around the world choose to spend money and manage finances in a Shariah-compliant way. Now, Shariah-compliant finance companies are beginning to invest in the Shariah “fashion” industry. This illustrates that Islam is a complete way of life and Shariah is designed […]
Anyone who tries to draw a distinction between Shariah-Compliant Finance and Shariah itself is either ignorant or dishonest. This was driven home recently in Kenya where Kenya Commercial Bank launched a new Shariah-compliant banking product at which female journalists report that they were compelled to observe Shariah customs, including dress codes. Not surprisingly, the bank denies […]
Hassanal Bolkiah, the 29th and current Sultan of Brunei, is facing backlash at the Beverly Hills Hotel, which he owns, because of his recent approval of Shariah policies in his nation, which is officially titled, Nation of Brunei, Abode of Peace. Bolkiah imposed Shariah Law in Brunei last year. http://www.canyon-news.com/beverly-hills-hotel-boycotted/15672
This is especially significant due to the heavy involvement of British law firms in Shariah finance… An investigation by the Lawyers Secular Society has revealed law firms providing advice on ‘Sharia Law’ risk breaching their insurance and potentially their license to practise. All law firms in Britain must be registered with the Solicitors Regulation Authority […]
ISIS funded by donations, crime
On June 15, 2014 · In Iraq, ISIS, Islamic Law, Jihad, Jihadist Groups/Individuals, Shariah Law, Terror Funding, Zakat
The word “zakat” does not appear in this article from Fox News, but the system they’re describing is in fact zakat… Long before it looted the Iraqi central bank in Mosul of $429 million, the Islamic State in Iraq and the Levant/Syria (ISIS) was well-funded in its quest to establish a Shariah caliphate, thanks to […]
Islamic Charities in Great Britain
On June 4, 2014 · In Britain, Islamic charities, Islamic Law, Shariah Law, Terror Funding, United Kingdom, Zakat
Long-time readers of SFW are very familiar with the issue involving Islamic charities funding Jihad. We’ve listed those that have been designated as terrorist entities in the past and posted numerous news stories over the years on the matter. The largest Islamic charities in the US were shut down and prosecuted for funding terrorism. The […]
Kyle Shideler makes an excellent point with the article linked below: Shariah is not an a la carte menu from which you can pick and choose what you want based on what you like and dislike. As we noted here on SFW, on the very day that the Sultan of Brunei’s order to impose shariah went into effect, […]
Hollywood has responded to the Sultan of Brunei’s decision to impose Shariah on his country, mainly because the Sultan owns a big Beverly Hills hotel. Ben Shapiro lists other projects that Hollywood would probably rather forget about… http://www.breitbart.com/Big-Hollywood/2014/05/07/Hollywood-boycott-9
Today, enforcement of Shariah begins in the Pacific-Oceana nation of Brunei… The sultan of oil-rich Brunei has announced the introduction of tough Islamic criminal punishments, pushing ahead with plans that have sparked international condemnation and rare domestic criticism of the fabulously wealthy ruler. “With faith and gratitude to Allah the almighty, I declare that tomorrow, Thursday 1 […]
Money Jihad blog uncovered an important report from Thomson Reuters which details financing for the Islamic terrorist organization Abu Sayyaf, which operates in the Philippines. In the report, an entire section is devoted to zakat funding for Abu Sayyaf, particularly from Saudi Arabia. Thomson Reuters maintains that the zakat money is only coming from Filipino expatriates […]
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 […]
The wearing of a covering such as a hijab, niqab, burka or other hair covering is considered mandatory under Shariah. (For a guide to Shariah-compliant female head coverings, see our earlier post on the subject: https://shariahfinancewatch.org/2009/03/04/trying-to-make-us-play-by-their-rules-muslims-protest-full-head-photos-on-drivers-licenses/ ) A wealthy Saudi woman in Minnesota used that requirement to conduct her banking business in a rather “unorthodox” fashion recently. […]
This week in Oman, the Islamic Financial Services Board (IFSB) will hold a workshop covering “Standards on Risk Management, Corporate and Shariah Governance for Institutions offering Islamic Financial Services.” This event isn’t particularly noteworthy but it does provide a teaching moment for those who have doubts that Shariah-Compliant Finance’s first and foremost purpose is to […]
OpEdNews Column: The Dark Side of Saudi Petrodollars
On September 25, 2013 · In Al Qaeda, Hamas, Holy Land Foundation, Islamic Banking, Islamic charities, Islamic Finance, Jihad, Jihadist Groups/Individuals, Lashkar e Taiba, Pakistan, Saudi Arabia, Shariah Banking, Shariah Finance, Shariah Law, Taliban, Terror Funding, Zakat
There is a nice column over on OpEdNews by a man named Brian Lynch touching on Saudi Arabia’s funding of Jihadist terrorism. The column doesn’t break any new ground, but it does provide links to other recent columns by other authors dealing with the same subject matter. It is also interesting in that the column […]
Under Shariah, non-Muslims are required to submit to a “protection” tax called the “jizya.” This practice has origins that go back several centuries. According to The Summary of Islamic Jurisprudence, Vol.1, published in 2005 by a prominent Saudi shariah scholar, the jizya is “a tribute or a tax required from non-Muslims living in an Islamic state…entitling them […]
Shariah-Compliant Finance Continues its Creep into Egypt
On February 11, 2013 · In Abu Dhabi, Creeping Shariah, Egypt, Islamic Banking, Islamic Finance, Islamic Law, Shariah Banking, Shariah Finance, Shariah Law
As anticipated, Shariah-Compliant Finance is making headway into the Egyptian financial system and economy. The latest evidence comes from the announcement that the Egyptian Electricity Ministry has inked its first ever Shariah-compliant financing contract with the help of National Bank for Development (NBD) and the Abu Dhabi Islamic Bank. The $110 million deal is the first […]
Sukuk Issuance Hit $131 Billion in 2012
On January 12, 2013 · In Creeping Shariah, France, Germany, Islamic Bonds, Islamic Economics, Islamic Finance, Islamization, Sharia Compliant, Shariah Bonds, Shariah Finance, Shariah Law, SUKUK
KFH Research reports that Shariah-compliant bond (sukuk) issuances reached $131 billion during 2012, a 54% increase over 2011. As we have reported previously on SFW, sukuk are fast becoming the weapon of choice for promoting Shariah through Shariah-Compliant Finance. Here is how that works: • As we know from historical records and contemporary statements from […]
The purpose of Shariah Finance is to promote Shariah. The chief weapon for achieving that over the past 2 years has been what is known as the Islamic bond, or sukuk. Sukuk are increasingly being used on both sides of the credit market. When Islamic nations and companies want to raise money in the credit […]
Egypt still considering IMF loan
On January 8, 2013 · In Egypt, Interest, International Monetary Fund, Islamic Law, Muslim Brotherhood, Shariah Law, Usury
Back in August we reported that Egypt was contemplating taking out an IMF loan in an attempt to right the country’s shaky financial condition. At the time we pointed out that a $4.8 billion loan from the IMF was not likely to be Shariah-compliant… https://shariahfinancewatch.org/2012/08/30/between-a-rock-and-a-hard-place-egyptian-muslim-brotherhood-struggles-with-idea-of-imf-loan/ Well, here we are over 4 months later and the […]
Al Gore Sells Out to Qatar: State-Owned Al Jazeera Buys Current TV
On January 3, 2013 · In Al Jazeera, Al Qaeda, Hamas, Iran, Islam, Islamic charities, Islamic Law, Jihad, Jihadist Groups/Individuals, Lashkar e Taiba, Qaradawi, Qatar, Salafism, Shariah Law, Taliban, Terror, Terror Funding, terrorism, Wahhabism
Al Gore has sold his failing Current TV television network. The buyer is none other than Al Jazeera, the infamous Islamist television network based out of Doha, Qatar (more on Qatar very shortly). Gore released an interesting statement along with the announcement of the sale: “Current Media was built based on a few key goals: […]
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