posted by Christopher W Holton Imports of Iranian crude oil by major buyers in Asia hit their lowest in more than five years in November as U.S. sanctions on Iran’s oil exports took effect last month.. https://uk.reuters.com/article/us-asia-iran-oil/asias-iran-crude-imports-hit-more-than-five-year-low-in-november-as-sanctions-bite-idUKKCN1OR0H8
posted by Christopher W. Holton A spokesman for the German company Krempel, which provided construction material to Tehran businessmen that was used in rockets produced by the Iranian regime to gas Syrians earlier this year, told The Jerusalem Post on Thursday that the global business firm has stopped trade with the Islamic Republic of Iran. […]
posted by Christopher W. Holton Reports say Taliban’s incomes have increased this year against the previous years. A report by the BBC shows that Taliban annually earns more than $1.5 billion from drug dealing, illegal mining, collecting electricity bills and financial support from a number of countries. The report said that this year Taliban’s financial […]
posted by Christopher W. Holton A religious group found to have illegally cleared and developed a rural block north-west of Sydney has been stripped of its charity status following an investigation by the national charities regulator. Mustapha Kara-Ali is the imam of Diwan Al Dawla, an Islamic-influenced guild which runs a religious retreat on a […]
posted by Christopher W. Holton Questions are being raised about possible irregularities regarding charitable organizations associated with the controversial, anti-Jewish activist Linda Sarsour. Writing for the Israellycool.com blog site, journalist Hen Mazzig has produced a detailed, exhaustive analysis of those charities’ handling of donations, particularly those which were meant to signal interfaith aid to Jewish […]
posted by Christopher W. Holton In a rare case of true candor, the Canadian intelligence community has named several countries that it is “concerned” about with regard to terror finance. The 2018 Public Report on the Terrorism Threat to Canada. Syria, Iraq, Turkey, Lebanon, Jordan, Yemen, Qatar, United Arab Emirates as well as Afghanistan and Pakistan were all named in the report. Conspicuous […]
Man arrested in Al Anbar province in Iraq for funding the Islamic State
On December 11, 2018 · In Iraq, ISIS, Islamic State (IS), Jihad, Jihadist Groups/Individuals, Terror Funding, terrorism
posted by Christopher W. Holton Al Anbar province in Iraq was the worst hotbed for jihadist activity during the insurgency in the wake of the overthrow of Saddam Hussein. It still presents a challenge for Iraqi authorities today… “ Iraqi authorities announced on Monday the capture of a man for providing funding for the terrorist […]
The Times: Controversial Muslim charity sets up branch in Ireland
On December 10, 2018 · In Hamas, IRELAND, Islamic charities, Islamic Relief, Israel, Muslim Brotherhood, Terror Funding, UAE
Posted by Christopher W. Holton lslamic Relief Worldwide (IRW), a Muslim charity that has been branded a terrorist organisation by the United Arab Emirates (UAE), has established a registered branch in Ireland. The international charity, founded in 1984 in the United Kingdom, insists it has no links to terrorism, but it was banned in 2014 […]
posted by Christopher W. Holton The United Kingdom’s Charity Commission, which regulates charitable organizations in the UK, has released a statement condemning the former management of Muslim Aid for failing to safeguard against funding “illegal groups.” Curiously, Muslim Aid folded not long ago and his been replaced by a new organization of the same name. […]
posted by Christopher W. Holton I must warn you before you read the linked story below from the New York Times: it may make you sick to your stomach. If true, the chain of stupid decisions and corruption, along with the web of political connections, paint a picture that is hard to believe. Why is […]
More Propaganda from the Shariah Finance Industry
On December 6, 2018 · In "Ethical Investment", Dana Gas, Economic Crisis, fraud, Islamic Finance, Sharia Compliant, Shariah Finance
posted by Christopher W. Holton Bloomberg, one of the biggest financial news conglomerates in the world, has published a story about a report out of Australia by Melbourne’s Deakin Business School, which essentially calls for all investors to consider Shariah Compliant Financial products as safe havens during times of crisis. This is a tired old, […]
posted by Christopher W. Holton The Times of London has broken the story that the Amazon Smiles charitable giving program funneled donations to an Islamic charity with ties to Jihad. Under the Amazon Smiles program, Amazon donates 0.5% of transactions to designated charities. Two of the charities listed in the Amazon Smiles program were Muslim […]
U.S. quietly rolling up Hezbollah financing in Latin America
On October 10, 2018 · In Hezbollah, Jihad, Jihadist Groups/Individuals, LATIN AMERICA, Terror Funding
posted by Christopher Holton Hezbollah has for decades been building up infrastructure and support in Latin America. This process has gone largely unchecked until recently. As Joseph Humire reports in The Hill, that appears to be changing now… On July 11, 2018, the government of Argentina took its first action against Hezbollah by freezing the […]
posted by Christopher W. Holton Being an Ayatollah in Iran is evidently a lucrative business. This is epitomized by the country’s Supreme Ayatollah, Ali Khamenei, who has fleeced the country to the tune of $95 million…which is far more graft than the much-vilified Shah of Iran accumulated in the first place. There are no greater […]
posted by Christopher W. Holton The Jerusalem Post published a report yesterday detailing how Jihadist organizations finance their operations through a variety of smuggling and criminal enterprises. Jihadist groups are said to be able to raise $300 million from such activities in Pakistan and Afghanistan in particular. Worse yet, the US consumer is indirectly funding […]
Disinformation from the Voice of America About Zakat
On June 14, 2018 · In ICNA, Islamic charities, Islamic Relief, Terror Funding, Voice of America, Zakat
by Christopher W. Holton I was very sad to have to write this article. During much of the 1980s, the Voice of America, via its shortwave radio broadcasts, provided a valuable service to America by beaming powerful messaging behind the Iron Curtain, giving hope to millions of people enslaved by communism. Today the VOA is […]
posted by Christopher W. Holton We have long maintained that shariah-compliant finance is a modern day Trojan horse through which Jihadists seek to embed Shariah inside the West through non-violent economic means. Nowhere has this campaign been more successful in the West than the United Kingdom. Of course, the UK has already endured a civilization […]
posted by Christopher Holton Saudi Arabia, Egypt, the United Arab Emirates and Bahrain accuse Qatar of financing “extremist” groups, including the Muslim Brotherhood. The four nations sent Qatar a list of 59 individuals and 12 institutions that allegedly finance terrorism and receive support from Qatar. Among the most prominent names on the list is Abdul […]
posted by Christopher Holton Regular readers of SFW know that one of the chief concerns surrounding Shariah-compliant finance is the issue of Islamic charities funding jihad. We have posted dozens of articles on the subject over the years. This posting is but the latest example. A Briton named Umar Haque has been sentenced to prison […]
Looted Libyan Artifacts Recovered in Spain, Two Arrested
On March 29, 2018 · In Bootlegging, ISIS, Islamic State (IS), Libya, Money Laundering, smuggling, Spain
posted by Christopher Holton Ancient objects looted from areas controlled by the Islamic State group in Libya have been recovered by police in Spain. Two experts in ancient art – both aged 31 – have been arrested in Barcelona. They are suspected of being part of an international ring that bought the artefacts from groups […]
posted by Christopher Holton Here we have yet another example of an Islamic charity that has come under scrutiny due to improprieties. While there is certainly no indication that there is a terror nexus this time, the nature of the impropriety is in fact legal… The CRA characterized those shortcomings as “serious.” It said the […]
posted by Christopher Holton The financial jihadists have been pushing Shariah finance in Africa for some time, as we have archived here on SFW for years. Now they are reaching into Uganda and the method they are using is from the pulpit. This shows that Shariah finance is in fact a dawa method. Also note […]
posted by Christopher Holton The Islamic Financial Services Board (IFSB) is seeking to establish some clarity in the murky world of regulation of Shariah-compliant bonds, also known as sukuk. The bone of contention centers around whether sukuk are indeed compliant with shariah and what role national laws and regulations play. Such issues have gained prominence […]
posted by Christopher Holton The Persian Gulf island nation of Bahrain has decided to cancel a billion dollar conventional bond deal and settle for a Shariah-compliant bond (sukuk) deal. The reason for the cancelation sheds light on the hidden risks involved in Shariah-compliant bonds. Bahrain scrapped the conventional bonds because they would have been rated […]
posted by Christopher Holton A Turkish banker named Mehmet Hakan Atilla, who was found guilty of helping Iran evade U.S. sanctions following a trial that featured accusations of corruption against top Turkish officials, including Turkish dictator Erdogan, asked a federal judge this week to impose a lenient sentence. Atilla was arrested in New York in […]
posted by Christopher Holton The Islamic Development Bank, the financial arm of the Islamic imperialist Organization for Islamic Cooperation (OIC) has just listed a $1.25 billion sukuk–shariah-compliant bond–on the NASDAQ exchange in Dubai. This illustrates the degree that shariah supremecists exercise control in world financial markets and how incredibly well-financed they are. It also demonstrates […]
posted by Christopher Holton Bloomberg News has an article posted about the situation in Pakistan that has mostly escaped the attention of the West in general and Americans in particular. Under pressure from the Trump administration, Pakistan has made a great show of cracking down on “extremism.” But the persistent presence of jihadis in Pakistani […]
posted by Christopher Holton A U.S. jury on Wednesday found a Turkish banker guilty of helping Iran evade U.S. sanctions, after a nearly four-week trial that has strained diplomatic relations between the United States and Turkey. Mehmet Hakan Atilla, an executive at Turkey’s majority state-owned Halkbank, was convicted on five of six counts he faced, […]
Erdogan going after Gulen’s Bank’s Shareholders
On January 4, 2018 · In Erdogan, Gulenist Islamist movement, Islamic Banking, Shariah Banking, Turkey
posted by Christopher W Holton The Erdogan regime in Turkey is going after the Gulen organization’s shariah-compliant Bank Asya’s shareholders. This is the latest financial aspect of the ongoing campaign that Erdogan is waging on Gulen. Erdogan and Gulen were never best of friends but at one time their animosity de-escalated to the point of […]
SFW readers may recall our coverage of the case involving a Turkish gold trader on trial for laundering money to bypass sanctions for Iran: https://shariahfinancewatch.org/2017/11/30/turkish-despot-erdogan-implicated-in-plot-to-launder-money-for-ayatollahs-in-iran/ https://shariahfinancewatch.org/2017/12/06/gatestone-institute-report-turkey-laundering-billions-for-iran/ https://shariahfinancewatch.org/2017/12/14/turkish-banker-accused-of-helping-iran-launder-billions-seeks-mistrial/ Now, The Atlantic has published an exhaustive investigative piece on this case written by the intrepid Jonathan Schanzer. It is MUST READING… The Biggest Sanctions-Evasion Scheme in Recent […]
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