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Shariah Finance Must-Reads

Columbus Knew the Dangers of the Muslim Tax Man

Money Jihad
October 11, 2010

Time for a short Columbus Day history lesson.

Christian Constantinople fell to the Muslim Ottoman Empire in 1453. The Ottomans had also gained control of the vital Silk Road to the Far East. What did this mean for Christian Europe and the soon-to-be discovered Americas? Prof. Cynthia Smith of the University of Hawaii describes it very well:

There is one final consequence of Ottoman expansion and control, perhaps the most important from the perspective of world history. The Ottoman Empire, by the end of the 15th century, controlled the Near East and Eastern Mediterranean region. This meant control of the land routes linking the Silk Road connections between Asia and the Mediterranean. Control of East/West trading connections enabled Ottoman leaders to levy taxes on all goods moving East and West through their territory. Thus, strategic control resulted in staggering wealth for the Ottoman Empire – wealth they enjoyed for centuries.


U.S. Embassy Sponsors Irish Muslim Business Conference

October 7, 2010
Dublin, Ireland

The U.S. Embassy in Dublin has sponsored a seminar on Muslim entrepreneurs and business in Ireland. A main point of the conference was the need for Sharia law compliant financial products to be used.

The U.S. Embassy supported the conference as part of President Obama’s outreach to Muslims around the world.

Ambassador Dan Rooney congratulated the organizers on Wednesday and said that the U.S was “solid partners” in the venture. He gave a copy of President Obama’s book “The Audacity of Hope “ to Imam Hussein Halawa, of the Islamic Cultural Centre of Ireland, who opened the event.

At the conference, Thomas Cooney, academic director of the Dublin Institute of Technology, stated that 76 per cent of Muslim business people in Ireland say securing finance is their biggest problem and 90 per cent said there is a need for financial products to be compliant with Islamic law.


Shariah “Bank of the Year” Headed By Terrorist Banned by U.S. and U.K.


Shariah Finance Watch
October 4, 2010
Doha, Qatar

Qatar Islamic Bank, the leading Shariah-compliant financial institution in Qatar and owner of the largest Shariah-compliant banking network in the world, has been chosen as the Bank of the Year by the Arabian Business Awards.

We at SFW are certainly not celebrating this occasion, but we bring it up for a very good reason.

Though you wouldn’t know it from visiting Qatar Islamic Bank’s web site, because they choose not to disclose their Shariah advisory board there, the chairman of the bank’s Shariah Advisory Board is none other than Sheikh Yusuf al-Qaradawi, a man we have referred to in the past as “Creepy Qaradawi.”


US Conference: Best Buy and Other Companies Selling Us Out to Islam


September 29, 2010

I was just surfing the Internet looking for something to post, and have come across a website entitled This is another conference in which Muslims are uniting for their way of life.

American Muslim Consumer

Saturday, October 30, 2010 from 9 AM – 5 PM (EST) The American Muslim Consumer Conference provides the only platform for industry professionals to examine this potent market sector, and explore its rich potential. It effectively raises awareness of the Muslim consumer, their buying power so that the market can gain some visibility and presence in mainstream media, the advertising industry and in-turn influence companies in developing products for Muslims.


FBI Conducts Terrorism Searches in Chicago Homes

The FBI investigates more individuals suspected of funding terror through monetary and material support in the U.S.


ABC News
September 24, 2010

The FBI raided two homes in Chicago and five homes and an office in Minneapolis as part of an anti-terror investigation.

No one was arrested, but search warrants were served on a total of eight homes. The subjects of those raids say the FBI is targeting anti-war activists, and the search warrants suggest that agents are looking for connections between anti-war activists and terrorist groups.

Although no arrests were made, some of the people whose homes were searched have been subpoenaed to appear before a federal grand jury.

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