Sharia banks that fund terrorism

sharia-bank-terror-relationship

Money Jihad:

The relationship is simple.  Jihadists know they can trust sharia-compliant banks to maintain their anonymity, not ask too many questions, and facilitate high-dollar transactions on behalf of their terrorist groups.  Some Islamic financial institutions, such as National Commercial Bank and Islami Bank Bangladesh, have taken the relationship a step farther by donating a portion of their bank profits in the form of zakat as an act of corporate “charity” to terrorist organizations, or in the case of Al Rajhi, through private zakat donations of leading bankers.  Saudi Arabia and Iran are key bases for these activities, but this is a global phenomenon.  Here’s Money Jihad’s short list of the worst offenders:

Al Rajhi Bank:  The Saudi financial institution has served as the sharia bank of choice for the world’s jihadists, including East Africa embassy bomber Mamduh Mahmud Salim, Al Qaeda leader Ayman al-Zawahiri, and organizations like Indonesian Kompak and Al-Haramain.  Bank co-founder Sulaiman Al-Rajhi appeared on the infamous Golden Chain document of Al Qaeda financiers.  These allegations were reinforced by the recent U.S. Senate investigation into HSBC’s correspondent relationships.

Al Shamal Islamic Bank:  Osama Bin Laden co-founded the Al Shamal in Sudan and invested $50 million there.  During the 1990s and early 2000s, Al Qaeda distributed money to its cells through Al Shamal.  Funds passed through Al Shamal were used in preparation for terrorist attacks.

National Commercial Bank:  Offering conventional and sharia banking services, Saudi Arabia’s self-described first, largest, and most prominent bank is NCB.  Among other misdeeds, a Saudi audit revealed that NCB transferred $74 million in the 1990s as zakat through its charitable front organizations to Al Qaeda (see here, here, and here).  Khalid bin Mahfouz, the head of the bank, exploited libel laws to sue author Rachel Ehrenfeld in an effort to silence accusations about his role in financing terrorism.

Arab Bank:  This conventional bank in Jordan maintains a wholly-owned subsidiary (Islamic International Arab Bank PLC) that offers full-range sharia services.  Arab Bank has transferred money on behalf of Comité de Bienfaisance et de Secours aux Palestiniens (CBSP), a notorious French charity, to a known financial subunit of Hamas.  The Jordanian bank has paid out insurance benefits to families of suicide bombers for the Saudi Committee—another charity that funds Hamas.  Arab Bank has handled transactions for the Holy Land Foundation, whose leaders now sit behind bars for financing terrorism.  It has been the subject of American investigations, but the bank has consistently refused to turn over related documents to the U.S.

Islami Bank Bangladesh Limited:  IBBL, Bangladesh’s biggest sharia bank, has handled Wahhabi accounts to propagate radical Islam since its inception.  In 2011, the Bangladeshi home ministry intelligence revealed that 8 percent of the bank’s profits were diverted as corporate zakat to support jihad in Bangladesh.  One of the men on IBBL’s board of sharia advisors was arrested in connection with a terrorist attack against Bangladeshi police officers.  The U.S. Senate slammed British bank giant HSBC for maintaining relationships with IBBL despite evidence that it served terrorists like Shaikh Abdur Rahman of Jamatul Mujahideen Bangladesh and terror-funding Islamic charities like IIRO.  The Senate’s report also implicated HSBC for disregarding evidence of terror financing at another Bangladeshi sharia bank with whom it worked:  Social Islami Bank.

Bank Melli:  The Iranian Islamic bank sent “at least $100 million to an Iranian Revolutionary Guard branch that supports Hamas, Palestinian Islamic Jihad, and other terrorist groups, the Quds Force” between 2002-06.

Bank Saderat:  Another major Iranian sharia finance house, the U.S. Treasury Department sanctioned the rocket-funding Bank Saderat, stating that “The bank is used by the Government of Iran to transfer money to terrorist organizations, including Hizballah, Hamas, the Popular Front for the Liberation of Palestine-General Command and Palestinian Islamic Jihad. A notable example of this is a Hizballah-controlled organization that has received $50 million directly from Iran through Bank Saderat since 2001.”

Other culprits include Dubai Islamic Bank, which is active in both the U.A.E. and Pakistan, and Tadamon Islamic Bank.

So much for “ethical finance.”  For further developments, please continue reading Money Jihad, Shariah Finance Watch, and @moneyjihad on Twitter.

See also:

What You Should Know About Shariah Compliant Finance (counterjihadreport.com)

Islam: Death Cult

by Justin O. Smith

People who immigrate to America should intend to accept and respect our rules, U.S. laws, our way of life and our culture, and they should teach their children to do the same. When they impose their presence in our nation unbidden one would think that, at the least, they would readily integrate. And, if one asks for citizenship, shouldn’t Americans be able to assume that loyalty, reliability, trustworthiness and possibly love for Our Great Nation would be attached to such a request? One would think.

Unfortunately, most of the Muslim immigrants reaching our shores are sorely lacking in any education. They are far removed from the sophisticated Samar Ali, a second generation Muslim currently working in the Tennessee state government (ECD), and they are more typified by the likes of Amal Abdullahi, a 29 year old Muslim woman, who was arrested a few weeks ago for making terrorist threats towards a co-worker at Dell Computers.

Ms Abdullahi’s lawyer attempted to minimize the charges against her on September 8; but, while the threat in which she spoke of getting a gun and shooting people is an extremely serious item, everyone should take pause and be chilled by what was stated prior to this: “her people were dying for Allah everyday, she was ready to die for Allah, that this whole country will be Muslim soon, that this country is full of non-believers… and that non-believers should die, that her life starts after death and that her life is not here… (Nicole Young/’Tennessean’). These statements are regularly heard in Islamic communities across the globe, from modern Europe to third world African and Middle Eastern countries; and they spring from a well of Islamic indoctrination found in the mosques and madrasses, because Arab countries have failed to adapt to modern advances and still seek to govern through oppressive totalitarian measures.

The FBI joined this investigation, but Ms Abdullahi is probably a bit player when compared to Ms Samar Ali and her ties to the Islamic International Arab Bank, which is a known financier of terrorism. This bank has regularly paid approximately $5300 to each of the families of Palestinians killed while carrying out suicide bombings against Israel; Ms Ali was an intern for the Islamic International Arab Bank in 2007.

In 2009, Ms Ali was a founder of the U.S. delegation to the World Islamic Economic Forum (WIEF), which is a subsidiary of the Organization of Islamic Cooperation. And as unbelievable as it may seem, the International Advisory Panel for the WIEF is chaired by Saleh Abdullah Kamel, who is also a founding member of the Al Shamal Islamic Bank, which was established by Osama bin Laden to fund jihadists and terrorism across the globe; Kamel has also been named a “main sponsor of Al Qaeda” by the UN Security Council.

The OIC regularly meets with Muslim Brotherhood front groups to establish effective strategies for the Islamic movement and a stable Islamic State within America. They state that Muslims should not be made to assimilate, and they assert that any incentive to integrate should equal accomodating their needs/demands as Muslims. In other words, they desire to operate outside U.S. law.

Since CAIR and ISNA are Muslim Brotherhood fronts, a well defined relationship is viewed between two supposed “U.S. political groups” and the foreign governing body of the OIC, which claims jurisdiction over Muslims in any nation, defines human rights through Sharia law and strives to subvert host nations’ governments and societies through the imposition of Sharia law. Whenever a relationship such as this becomes apparent to most of America, national security concerns are paramount… all sorts of warning bells should be ringing… and any collaboration between these groups needs full and intensely detailed investigation from a national security perspective!

For all of you Muslims bent on forcing Sharia compliance in America… if everything was so grand and wonderful under Sharia law in whatever god forsaken nation you are originally from, please return… because you will not succeed here, nor will you like the consequences if you stay your current course!

These Sons and Daughters of Mohammed consider themselves authorized to kill us and our children, because they hate Western ways, the Western culture and the fact that, from their perspective, too much of it has been imported into their native lands, thus corrupting them; they want to kill us because we sun bathe nearly naked, our women wear mini-skirts and shorts, we love music and song, we refuse the burqa and the chador, many of us drink alcohol… or they want to kill us because we are Christians and they hate us… simply because we exist. I have no intention of allowing these anti-American, anti-Christian, anti-Jew bigots to succeed in their mission..,. those morally depraved who offer nothing of redeeming social value to humanity in place of their own hate and numerous genocides!

Islamists use a deliverance narrative to position themselves as the champion that can deliver the community from evil. However, islamofascists do little that is champion-like as they revel in their murderous ways as seen in Benghazi. And their victims are overwhelmingly likely to be Muslims, unless the islamofascists are in the U.S. committing act of terror against our citizens or at one of our U.S. Embassies. Once again, just two weeks ago a young 18 year old Muslim man was caught by the FBI attempting to set off a bomb outside a Chicago nightclub. Yes…they do so love their own deaths and they want to take as many Americans, Jews and infidels with them as they can in the process!

After 9/11, all of our major intelligence agencies confirmed that some of the murdering islamofascists hijackers were known to the FBI and the CIA. Since then, many of the other more recent terrorists caught before or after their dastardly deeds have also held residence visas or actually been U.S. citizens. And for this reason, I implore each reader to tell Your Congressman to halt all Muslim immigration immediately and demand legislation for the deportation of all alien Muslims along with U.S. citizens who are Muslims and tied to terrorism in any fashion, affiliates and the like!

Osama is dead, but millions more just the same are rising in the wake of his death.

 “Allah bears witness that the love of jihad and death in the cause of Allah has dominated my life and verses of the sword permeate every cell in my heart, ‘and fight the pagans all together as they fight you all together.'” (-Osama)

 

Justin O. Smith is a concerned citizen with a B.S.-MTSU/ International Relations & Cultural Geography, ex-firefighter, U.S. Army and freelance writer.