Bank Sarasin-Alpen (ME) Limited, a subsidiary of Bank Sarasin & Co. Ltd, a leading Swiss private bank recently announced the publication of its “Islamic Wealth Management Report 2010.” Evidently, Bank Sarasin has joined the financial jihad, since its report parrots the already discredited claim that Shariah-compliance provides insulation against the forces of the business cycle…This […]
Financial Jihadists Target Switzerland
On February 22, 2010 · In Creeping Shariah, Da'Wah, Islamic Finance, Islamization, Sharia Compliant, Shariah Finance, stealth jihad, Switzerland
Switzerland, which, by referendum, took a symbolic stand against the stealth jihad undermining and infiltrating Western civilization a few months ago with their ban on minarets, is now being targeted by the financial jihadists, who are “urging” the Swiss to embrace Shariah-Compliant finance… http://www.reuters.com/article/idUSTRE61H2LY20100218?rpc=401&feedType=RSS&feedName=summitNews&rpc=401
Swiss Reinsurance Co., the world’s second-largest reinsurer, is starting a Sharia-compliant family and general insurance business in Kuala Lumpur, Malaysia. Note this very disturbing statement in the article linked below: “The 1.5 billion Muslims around the world, and also non-Muslims interested in the principles underpinning Sharia- compliant products, represents a growing client segment for the […]
Olivier Guitta of the Foundation for the Defense of Democracies has written a sobering piece for the Middle East Times about the spread of Shariah. He gives summaries of developments in Pakistan, Italy, France, Great Britain and Switzerland, with a particular emphasis on family law and the rights of women. Of particular interest was this […]
Indonesian Arab Investment Blog Quotes The Kingdom Holding Company owns total assets of $20.3bn, according to the Forbes Magazine. ‘We are committed to strengthen our position in Indonesia. We have been looking for certain opportunities in the hotel industry that we hope to materialize in coming months,’ said Prince Awalid bin Talal bin Abdulazizal Saud, […]
Another Western financial institution goes dutifully into dhimmitude Swiss bank to open in DIFC Pictet & Cie, an independent private bank catering to institutional and private clients, has applied for a Dubai International Financial Centre Licence where it plans to establish a team of fund managers. The 203 year old Swiss bank opened a […]
…now the Jihadists seek to do so with “soft Jihad” and dawa…Even though this article uses terms that we do not necessarily like, such as “Islamist” and “radical,” it has a great deal of relevance for our efforts to oppose sharia for a few reasons: 1. It shows that our adversaries see no boundaries or […]
www.dhimmi.com image Markus Ries, a professor of church history at the University of Lucerne, is suggesting to give two-three days of official holidays to minorities in Switzerland, instead of some of the current holidays. Ries was interviewed on Surseer Woche where he said that the Feast of the Assumption (Aug. 15th) is only celebrated by […]
by: IslamBankwww.swissinfo.channel By Mushtak Parker It sounds like the name of a new Japanese bank entering the Gulf market for the first time. But on closer inspection Noriba Bank BSC, which was incorporated in Bahrain in May this year and due to start operations next month, is a Swiss-owned investment bank managed by an […]
Gardner Finance Expands Middle East Presence With Strategia http://eworldwire.com/pressreleases/18811 “We are truly pleased about Gardner’s expansion into strategically important Middle Eastern markets. Strategia has been known to us already for some time, and we are convinced that the company has the right basis to introduce our products successfully in the region,” said Michael Laznicka. About […]
BBC NEWShttp://tinyurl.com/6p3zg6 Swiss anger at Libyan ‘reprisals’ The Swiss foreign ministry has protested to Libya over what it called retaliatory measures for the arrest of Muammar Gaddafi‘s youngest son. The ministry said Swiss companies ABB and Nestle have been ordered to close their Libya offices and Swiss staff there have been arrested. Geneva police […]
Kadhafi’s son arrested for violence in Geneva hotel Hannibal Kadhafi GENEVA (AFP) — A son of Libyan leader Moamer Kadhafi has been arrested by Swiss police after being accused of assaulting staff at a Geneva hotel, Swiss media reported Thursday. Hannibal Kadhafi, 32, was arrested at the five star Hotel President Wilson on Tuesday after […]
Swiss to vote on minaret building ban By Daily Telegraph reporter Last updated: 12:44 PM BST 09/07/2008 Swiss nationalists have forced a nationwide referendum on whether to ban the construction of minarets where Muslims issue the call to prayer. If approved the proposal would clash with Switzerland’s constitutionally protected right to freedom of religion. The […]
(MENAFN – Arab News) Peter Burnett, chief executive for UBS Investment Bank in the Middle East and North Africa, said that the bank had received approval from Saudi authorities for its wealth management, asset management and investment banking businesses. “We will be operational in the course of this year, most probably […]
& 25 June 2008 Swiss banking giant UBS is expanding its investment banking division in the Middle East by relocating six bankers to Dubai. Enrique Feb (more) & 25 June 2008 Swiss banking giant UBS is expanding its investment banking division in the Middle East by relocating six bankers to Dubai. Enrique Febrer-Bowen, […]
A new hotel complex for Bürgenstock Hotels overlooking Lake Lucerne is expected to be finished in 2011. The main investors, a Qatari group, have requested that money made off alcohol be used for preventing alcoholism. La Barwa Real Estate Company (Quatar) follows Islamic law, and have agreed to a compromise in which the […]
Barwa buys Swiss hotels
On June 17, 2008 · In Abu Dhabi, Islam, Islamic Economics, Sharia Compliant, Shariah Finance, Switzerland
Sandra Lane Last Updated: June 16. 2008 11:38PM UAE / June 16. 2008 7:38PM GMT In its statement yesterday, Barwa said that “the investment came to strengthen the firm’s strategic expansion in Europe”, but did not provide a value for the deal. iStockphoto Barwa, the Doha-based property investor and developer, said yesterday that it had […]
HRT Shirin Ebadi, Geneva. 9 June 2008. Photo Humberto Salgado http://www.humanrights-geneva.info/Shirin-Ebadi-chides-Switzerland,3199 11 June 08 – Iranian Nobel Peace Prize laureate Shirin Ebadi has criticised Swiss Foreign Minister Micheline Calmy-Rey over her recent controversial trip to Iran. The lawyer and human rights campaigner was in Geneva on Monday [9 June] taking part in a panel […]
Terror Finance Blog Swiss Mega-Bank UBS Sued by Victims of Terrorism Posted: 28 May 2008 11:05 AM CDT By: Aaron Eitan Meyer July 30th, 1997. September 4th, 1997. March 28th, 2001. August 9, 2001. December 1, 2001. By themselves, the dates would appear to have nothing in common. But to the victims of terrorist […]
A Swiss journalist suspected by the United States of Al-Qaida links has died. Albert Huber was one of five members of a now-defunct Muslim firm who were listed by the United States in 2001 as people accused of helping fund terrorism. Huber’s son said Monday that he died 15 May at the age of 80. […]
Central and Eastern European Real Estate Fund a hit with investors There was strong interest shown among selected investors invited to subscribe to a new EUR150m Sharia compliant Central and Eastern European Real Estate Fund, which was launched today by Swiss-based Faisal Private Bank, Bahrain-based Shamil Bank and Sharjah Islamic Bank. Bahrain: Sunday, May 11 […]
A continued boom in bank products compliant with Islam has spurred plans to set up a new financial institution in Switzerland based on the tenets of the faith.National Bank of Kuwait, one of the Middle East’s largest banks, is planning an Islamic private bank in Switzerland in partnership with a Saudi Arabian institution.The move comes […]
Hat tip-Margo I. Iran Clinches Three Deals With Swiss Firm March 11, 2008 Memri Economic Blog http://memrieconomicblog.org/bin/content.cgi?news=1479 Iran’s Razi Petrochemical Complex Iran’s National Petrochemical Company (NPC) has inked three agreements worth €18 million (about $27.69 million) with a Swiss firm on licensing nationwide ammonia projects. (1 Euro = $1.5383). Ammonia Casale was awarded the three […]
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Clariden Leu sets up shop in the UAE By Mohamad Al Kady on Monday, March 10 , 2008 Clariden Leu, a private bank in Switzerland, opened an asset management company in Dubai this month to service its clients in the region and oversee expansions in its banking business in the Middle East, Asia, Africa […]
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