Alireza Onghaei, the owner of ONG Currency Exchange Inc., on Toronto’s Yonge Street is accused of funneling millions of dollars into Canada from Iran. Exactly how the transfers are being allocated isn’t yet known. However, it is likely that the Iranian regime is working to expand Iran’s influence via its proxies. A CSIS spokesperson said […]
Advocates of Sharia finance claim that “embracing Islamic finance presents an opportunity for Canada”
Islamic finance is being promoted yet again in Canada. According to the Gulf Times, Sharia finance is rapidly expanding, along with an increasing Sharia-adherent population in the country. Jihad Watch recently reported that Sharia-compliant financial assets are expected to reach $3.8 trillion by 2023, outperforming conventional banks. This is bad news, as Sharia financing is […]
Sharia-compliant financial assets forecast to reach $3.8 trillion by 2023, outperforming conventional banks
Sharia finance is rapidly growing in the UK, Canada and Australia, and generally expanding across the globe. “Sharia-compliant financial assets are forecast to reach $3.8trn by 2023, averaging annual growth of 10 percent.” A UK-based company aims to boost international opportunities of Sharia finance even further. In the latest edition of World Finance, published by […]
Indonesia: “Born-again” Muslims driving social changes, encouraging Muslim-targeted housing and Sharia banking
In “moderate” Indonesia, Sharia is fast becoming the center of every aspect of life, thanks to the efforts of so-called “born again Muslims” who are shifting the country’s economy to ground it in “conservative Islam.” One “born again Muslim,” Arie Untung, states: “We have become some sort of like endorsers, the endorsers of Allah.” Indonesian […]
Expect Muslim Google or FB as sharia spreads through “Muslim tech” startups.
Sharia compliant internet platforms will soon be more widely available if all goes as planned with Asian Muslim technology companies which are advancing unique sharia compliant technologies that will “uphold Islamic values.” The idea of “Muslim Tech” is expected to vigorously expand…. “The prospect of a Muslim Google or Facebook is not unrealistic. The Islamic […]
UK banks’ lobbying group urges government to prioritize Islamic banking ahead of Brexit
“Eager to safeguard the sector’s growth at a time when London is fighting to retain its status as Europe’s financial hub,” TheCityUK — which represents Britain’s banks and financial institutions — is now calling for the government “to make sure legislation is in place so that corporate Sukuk’s [Islamic bonds] can thrive.” This directive indicates a new, […]
Linda Sarsour’s Financial Jihad on America
Anni Cyrus exposes Linda Sarsour’s newest jihad of finance and practice of Sharia’s jizya on the people of America.
“Muslim housing project” planned for Montreal
The proposal to build up to 80 homes became a hot issue in the legislature, where members unanimously adopted a motion Tuesday directing the Minister of Municipal Affairs to inform municipalities that “no real-estate development can be based on religious or ethnic segregation.” Bravo to those in Quebec who have denounced this scheme for houses […]
British MPs face booze ban as Parliament moves to building governed by Sharia
British MPs are facing a six-year drinking ban after a committee decided that they will move to an office block that is operating under Islamic law while the Palace of Westminster is being refurbished. The committee’s recommendations were leaked. Back in 2014, it was announced that Britain was launching the first Islamic bond scheme in […]
U.S. stopped blacklisting domestic terror charities under Obama
What could possibly go wrong? “U.S. Stopped Blacklisting Domestic Terror Charities Under Obama,” by Eli Lake, Bloomberg, May 12, 2016 (thanks to Blazing Cat Fur): The last time the federal government designated a U.S. charity as a front for terrorist fundraising, President Barack Obama had been in office for less than a month and Osama […]
UK: Three government buildings now ruled by Sharia, alcohol banned
“The central London offices must be run in line with Islamic principles because of a deal with rich Middle Eastern investors.” How much more of this has been done but has not yet come to light? How much more of it will the British do? At what point will British authorities stand up and call […]
Muslims in Australia give $35 million to fund jihad terror
“Australia is on high alert for attacks by radicalised Muslims or by home-grown militants returning from fighting in the Middle East, having raised its threat level to ‘high’ and unleashed a series of high-profile raids in major cities.” “Home-grown militants returning from fighting in the Middle East” should not be allowed to reenter Australia. By […]
Seattle considers development of Sharia-compliant financing
It is a dogma of the American public discourse that Sharia is entirely benign and completely compatible with American laws and mores. That is why the mainstream media tried to destroy Ben Carson over his remarks about Sharia and a Muslim President. But Carson’s surge in popularity testifies not, as the media would have it, […]
New York: Federal jury finds Jordan’s Arab Bank liable for jihad-martyrdom suicide bombings in Israel
“Jurors found the bank liable for transferring cash to operatives and handling $5,300 death benefits to families of suicide bombers from a Saudi charity group.” It is good to see the financiers of jihad terror being held to a small measure of accountability. “Jury finds bank liable for suicide bombings in Israel,” by Selim Algar, […]
Jordanian bank faces Hamas funding claims in NY trial
If the full story of jihad terror financing were ever revealed, it would no doubt include many people of great wealth, power, and influence, who hold the same beliefs as those whom they’re financing. “Jordanian bank faces Hamas funding claims in NY trial,” by Camilla Hall, Financial Times, August 10, 2014: A landmark terror financing […]
UK sells $339 million of debut Islamic bonds
As noted in a previous report, “A sovereign sukuk is the centrepiece of Prime Minister David Cameron’s bid to position London as a leading hub for Islamic finance, as competition heats up with financial centres in the Middle East and Asia.” This is what is behind the Cameron government’s utterly supine response to Islamic supremacist […]
Minneapolis loans over $1 million to Muslims in Sharia-compliant loans
This is wonderful and multicultural and all that, and it will have the effect of encouraging Muslim businesses in Minneapolis and the surrounding areas. This, in turn, is likely to increase the Somali Muslim presence in Minneapolis. Recently we learned that the Minneapolis FBI is investigating Muslims traveling from there to wage jihad in Syria, […]
Britain to issue first Islamic bonds by Western sovereign
“A sovereign sukuk is the centrepiece of Prime Minister David Cameron’s bid to position London as a leading hub for Islamic finance, as competition heats up with financial centres in the Middle East and Asia.” This is what is behind the Cameron government’s utterly supine response to Islamic supremacist aggression and intimidation in the school […]
Darrell Issa shows ignorance of Islam in Donnelly-Kashkari spat over Sharia
The U.S. today suffers from a bipartisan cluelessness. Few Republicans and virtually no Democrats have a clear and full understanding of the nature and magnitude of the jihad threat. Politically correct nonsense rules the day, and hamstrings our resistance to jihadists and Islamic supremacists. Darrell Issa is the latest case in point. “Darrell Issa Shows […]
UK: Lloyds drops overdraft fee on Islamic accounts
“Do I have to change my religion to get the best deal?” asked one woman. The answer is no: “A Lloyds spokesman said Islamic accounts were intended for customers who cannot receive or pay interest under sharia, but were available to anyone, regardless of their faith.” How wonderful! You can avoid the overdraft fees as […]