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US Commerce Restrictions Highlight Ongoing Islamist Collaborations
May 19, 2021
The US Commerce Department's Bureau of Industry and Security announced the denial of export privileges to Mehmet Hakan Attila, former Deputy General of Turkey's second-largest public lending institution, Halkbank, which laundered at least $1 billion through the US financial system as part of Islamist regimes' collaboration in a Turkey-Iran sanctions-busting scheme.
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Germany Bans Islamic Group for Terrorist Financing
May 19, 2021
Germany's Ministry of the Interior has banned an Islamic non-governmental organization (NGO) due to evidence indicating that funds collected for charity and welfare projects were diverted to finance a range of Islamist extremist and terrorist groups operating from the Middle East to Africa, including support to Al-Qaeda affiliates in Syria, Hamas in Gaza, and al-Shabab in Somalia.
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Islamist Internet Celebrations for Lag BaOmer Disaster in Israel
May 12, 2021
According to analysis by Washington, DC-based think tank Middle East Research Institute (MEMRI), jihadist groups has been using a full range of social media platforms and applications to celebrate the loss of life and casualties in Israel consequent to the crowd rush at the annual pilgrimage the Lag BaOmer pilgrimage holiday.
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Changing Field of Islamist Parties in Pakistan
May 12, 2021
Pakistan's crowded field of Islamist parties has come to be dominated by the Tehrik Labaik Pakistan (TLP), a neo-fundamentalist party whose rapid rise to influence is built on uncompromising commitment to punitive application of Islamic blasphemy laws.
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Robust Growth Projected for Islamic Finance Industry
May 12, 2021
Standard & Poor (S & P) global credit ratings giant projects that the Islamic finance industry will show robust 10-12% annual growth rates over the next two years, reaching $3.8 trillion in total assets worldwide by 2023, expanding sharia-compliant/compatible products and services in Muslim-majority and Western countries.
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