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Trove of Documents Provides Insights on IS Operations
April 09, 2018
15,000 pages of Islamic State (IS) documents captured with the military defeat of IS in its core territories in Syria and Iraq reveal that the caliphate functioned through a combination of efficient bureaucracy, terrorizing brutality, and a diversified revenue stream, providing insights into the ways in which IS was able to both build appeal and impose compliance.
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Russian Council of Muftis Debates Ban on Wahhabism
April 09, 2018
Russia’s Council of Muftis, the main leadership body for the country’s diverse Muslim communities, expressed deep divisions over a proposal by one of its members for a ban on Wahhabism in Russia as a mechanism for preventing radicalization and violence from a version of Islam considered an "alien ideology" to the country’s Muslim population.
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US Adds More Pakistani Islamist Groups to Terrorism List
April 09, 2018
The US State and Treasury Departments designated as foreign terrorists another round of Islamist organizations and leaders affiliated with Pakistan’s Lashkar-e-Taiba, a radical Islamist powerhouse that has penetrated the Pakistani state’s intelligence and security services and that uses the country as a base for coordinating extensive jihadi networks throughout South Asia.
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Development Banks Support Expansion of Sharia Finance
April 09, 2018
The World Bank and the Saudi-based Islamic Development Bank have issued a joint report recommending policies designed to significantly expand the products and financing vehicles that can achieve a measurable increase in the use of long-term investments in sharia compliant/compatible finance.
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Companies Focus on Muslim Millennials for Growth in Islamic Finance
April 09, 2018
Global financial and infotech firms like Thomson Reuters and Visa are targeting Muslim millennials as a likely inflection point for massive expansion in global Islamic finance, with plans to develop sharia-compliant/compatible financial products and fintech options specifically geared to the wealth management and consumption demands of this demographic.
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