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Saudi Aramco Raises $6 Billion in First-Ever Islamic Bond Sale
June 23, 2021
Saudi Arabian energy giant Aramco announced $6 billion raised in the company’s first-ever, dollar-denominated islamic bond offering, as the oil giant used sharia-compliant/compatible debt to fund an annual $75 billion dividend commitment by appealing to investors committed to Islamic economic principles.
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Iran’s President-Elect Confronts Discontent With Islamist Authoritarianism
June 23, 2021
Iran’s newly elected president Ebrahim Raisi, an Islamist hardliner committed to sustaining the theocratic regime and ideological legacy of the country’s Islamic revolutionary clerics, faces the rejection of Islamist authoritarianism by the majority of Iran’s overwhelmingly young, urban population.
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Taliban Declare Goal of Islamic System in Afghanistan
June 22, 2021
Leaders of the Taliban reiterated their goal of establishing "an Islamic system" in Afghanistan, emphasizing that a sharia system would be the best solution for protecting human rights and all outstanding issues between the Islamist extremist group and the Afghan government following the impending departure of US peacekeeping troops.
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IS Reestablishes Religious Police in Northeast Syria
June 22, 2021
IS operatives in northeastern Syria have reconstituted the Islamist terror group's religious police (Hesba), using tactics of threats, physical abuse, assassinations, and the imposition of an Islamic "charity tax," in an effort to reimpose sharia law, extract resources to finance military operations, and revive the political structures of the caliphate.
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Arab MENA States Face Coming Decade of Challenges
June 21, 2021
According to a new report by the Carnegie Endowment for International Peace, Arab regimes in the Middle East and North Africa (MENA) face a coming “decade of decisions” in efforts to control the Islamic groups and institutions that function as interlocutors in state-society relations, further complicating efforts at countering violent extremism (CVE).
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