Sharia banks that fund terrorism

Money Jihad Blog ^ | 7 Jan 13 | Unattributed

[LSUfan]

The relationship is simple. Jihadists know they can trust sharia-compliant banks to maintain their anonymity, not ask too many questions, and facilitate high-dollar transactions on behalf of their terrorist groups. Some Islamic financial institutions, such as National Commercial Bank and Islami Bank Bangladesh, have taken the relationship a step farther by donating a portion of their bank profits in the form of zakat as an act of corporate “charity” to terrorist organizations, or in the case of Al Rajhi, through private zakat donations of leading bankers. Saudi Arabia and Iran are key bases for these activities, but this is a global phenomenon. Here’s Money Jihad’s short list of the worst offenders:

[driftdiver]

Bank of America has to be on the list.

[opentalk]

J. Jill, PODS Moving and Storage owned by Muslim Brotherhood-linked bank