(CBC) Federal budget references to mortgage products aimed at Canadian Muslims have members of the community celebrating, along with the mortgage providers that look to serve them, despite a lack of detail from the government on what is to come. In Tuesday’s […]
(Neue Zürcher Zeitung) Last November, in the wake of Hamas’ attack on Israel, the Swiss federal police’s Money Laundering Reporting Office Switzerland (MROS) issued a warning to Swiss financial intermediaries including banks, insurance companies, asset managers and payment service providers. The warning […]
(CityNews) The federal government says it plans to explore new measures to expand access to “alternative financing products, like halal mortgages.” According to the federal budget, the Liberal government has already begun consultations with financial services providers and diverse communities “to understand […]
(NL Times) A simple transaction between brothers has sparked a legal battle in the Netherlands. Three ING Bank customers are suing the financial institution after the bank flagged a money transfer as suspicious and launched an investigation tied to potential terrorist financing. […]
(HuffPost) Sen. Elizabeth Warren (D-Mass.) and Rep. Ilhan Omar (D-Minn.) released a letter Thursday demanding answers from the heads of several leading U.S. banks about policies that have disproportionately targeted Muslim Americans and communities of color. “The lack of information regarding the […]
(Times of Malta) A Syrian man arrested following a magisterial inquiry into reports of terrorism-related activity in Malta transferred some €2.5 million to 13 countries in two years, an investigation has revealed. A money laundering inspector testified that the transfers were multi-national, […]
(Bloomberg) Swiss lawmakers have called on the government to label Hamas a terrorist organization as the traditionally neutral country reconsiders its Middle East policy. So far, Switzerland — unlike other European countries — has not given the Palestinian group such a classification. […]
(NL Times) ING is not allowed to close the account of the Najiba Foundation, the preliminary relief judge in Amsterdam ruled on Tuesday. The foundation has recently been raising money for the victims of the earthquake in Morocco. ING wanted to close […]
(NL Times) In addition to Dutch municipalities, the Ministry of Social Affairs also commissioned secret investigations into mosques in the Netherlands, Minister Karien van Gennip of Social Affairs admitted in a letter to parliament this week, NRC reports. Social Affairs quietly investigated […]
(NL Times) ING wants to close the bank account of the Najiba Foundation, which raises money for earthquake victims in Morocco. On Friday, the Islamic charity said it had collected more than 900,000 euros in donations. Now this venture is on the […]
(Al-Jazeera) Two months ago, the Cordoba Foundation, a British think tank, was organising a forum in central London about political tensions in Tunisia. But when trying to settle invoices, its efforts to pay for the event failed. “Multiple attempts to pay the […]
(Sky News) British Muslims are having their bank accounts closed “without adequate transparency and recourse,” representatives have claimed. The Muslim Council of Britain (MCB) said individuals and organisations in the community were being “disproportionately affected by this issue” — leaving the group […]
(National-UAE) UK Secretary of State for Business and Trade Kemi Badenoch and Minister for Investment Lord Dominic Johnson have announced the launch of a working group on Islamic finance at the Great British Iftar at Lancaster House in London. The working group […]
(Reuters) A U.S. judge decided on Tuesday that victims of the Sept. 11, 2001, attacks are not entitled to seize $3.5 billion of assets belonging to Afghanistan’s central bank to satisfy court judgments they obtained against the Taliban. U.S. District Judge George […]
(CBC) For Abdullah Mohiuddin, getting into the housing market involves more than just locating the right home for the right price. Like many other Muslims, Mohiuddin’s religious beliefs include restrictions on paying and receiving interest. Given that a typical Canadian mortgage includes interest […]
(Middle East Eye) US Congresswoman Ilhan Omar and Senator Elizabeth Warren are leading an effort to urge American banking regulators to reassess policies that discriminate against Muslim Americans and immigrant communities. The two lawmakers, along with Senator Ed Markey and Congresswomen Rashida […]
(Middle East Eye) In 1996, the grand mufti of Cyprus, shockingly, accused Charles III — the new British king — of secretly being a Muslim. “Did you know that Prince Charles has converted to Islam. Yes, yes. He is a Muslim. I […]
(Reuters) A U.S. judge on Friday recommended that victims of the Sept. 11, 2001, attacks not be allowed to seize billions of dollars of assets belonging to Afghanistan’s central bank to satisfy court judgments they obtained against the Taliban. U.S. Magistrate Judge […]
(Delano) Luxembourg’s status as a financial centre exposes it to the use of financial services for terrorist financing, indicates a report by the justice ministry. The ministry’s report, funded by the EU’s pandemic recovery plan NextGenerationEU, states that basic financial products offered […]
(Reuters) Two men suspected by Germany of assisting an Islamist gunman, who killed four people in Vienna in 2020, used the major cryptocurrency exchange Binance, German federal police said in a confidential letter seeking information from the company. Germany’s Federal Criminal Police […]
(BBC) The son of notorious hate cleric Abu Hamza has been jailed for his involvement in a money-laundering plot. Ti-to Ibn-Sheikh created false identities for HSBC bank account holders using information passed to him by an insider at the bank. Southwark Crown […]
(Brussels Times) The bank accounts of 295 terrorists are currently frozen in Belgium in an effort to prevent them from (aiding in) committing an attack. During 2021, 21 measures were taken to freeze assets, based on figures from the Coordination Office for […]
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(NL Times) On the day of a terrorist attack on a tram in Utrecht, seven bank employees looked up the details of the suspected terrorist in the bank systems, thereby violating the bankers’ oath. The Banks Disciplinary Commission on Tuesday decided not […]
(Radio NZ) Reporting of potential terrorist financing has more than doubled in New Zealand since the 15 March mosque shootings. Police said people are far more vigilant when it comes to potential terrorist acts after the Christchurch attacks, which killed 51 and […]
(Reuters) The armed man who seized six hostages in a French bank on Thursday spoke to negotiators of hardships facing Palestinians and called himself a mujahid but made no reference to Islamist groups, a police source involved in the operation said. The […]
(Reuters) A gunman who took six people hostage in a bank in northern France on Thursday surrendered to elite police after a six-hour operation to free his captives. The hostage-taker, a 34-year-old with a history of mental illness, emerged slowly from the […]
Almost two years after his column sparked a firestorm, UK Prime Minister Boris Johnson is still being accused of bigotry for having opined that face-veiled Muslim women bear a resemblance to letter boxes and bank robbers. While the former comparison may be […]
(Middle East Eye) British bank HSBC has told customers in the UK that it will stop processing standing order payments to the Palestinian aid charity Interpal from next month. The bank sent out letters earlier this month to account holders who make […]
(National Post) A mass-distributed letter by Conservative leadership candidate Jim Karahalios has sparked outrage in the party over using perceived anti-Muslim rhetoric to attack an Erin O’Toole campaign official, with O’Toole calling it “bigotry” that will lead to “electoral obliteration for our […]
(AAP) Australia could be a regional leader in Islamic finance but tax issues are holding the sector back domestically, advocates say. The worldwide Islamic finance industry is estimated to be worth $US3.5 trillion ($A5.2 trillion) by 2024, according to a report launched […]
(Religion News) A new report by watchdog groups claims that major technology platforms, Wall Street businesses and right-wing media corporations are complicit in enabling white supremacist and anti-Muslim bigotry across the world. The paper, “Fanning the Flames,” was published Thursday (Oct. 31) […]
(Newshub) Kiwibank has been accused of claiming New Zealand is a “Muslim country” in a complaint about one of its adverts. The 45-second TV advert, which started airing in June, tells viewers about some of the state-owned bank’s social campaigns, including sponsoring […]
(Chicago Sun-Times) Federal charges have been filed against a woman in two bank robberies in north suburban Skokie and West Rogers Park earlier this month. Willie M. Thomas robbed both Aug. 15, stealing more than $8,000 in total, according to a criminal […]
(Macomb Daily) Chesterfield Township police are seeking help identifying a suspected bank robber. At about 10 a.m., Aug. 22, an unknown suspect robbed the TCF Bank on 23 Mile Road, near DW Seaton Drive, police said. The suspect fled the bank on […]
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(Chicago Sun-Times) A woman robbed two banks Thursday in north suburban Skokie and West Rogers Park on the North Side. About 11:50 a.m., a woman with a gun robbed the Byline Bank at 8400 Skokie Blvd. in Skokie, according to the FBI. […]
Eye on Islamism is no longer printing excerpts from articles published by certain news sources. To read the original article, click here.
Eye on Islamism is no longer printing excerpts from articles published by certain news sources. To read the original article, click here.
(Hill) The New York chapter of the Council on American-Islamic Relations (CAIR) filed a discrimination complaint with New York City’s Human Rights Commission on Tuesday, alleging religious discrimination against a Muslim woman by Citibank. The complaint, filed Tuesday, claims the bank would […]
(Toronto Sun) Last week’s Ontario Superior Court judgment exonerating two men for a dozen criminal charges related to the marketing of Islamic mortgages based on Shariah law went unreported in all Canadian newspapers and network TV other than the online pages of […]
(Toronto Sun) Two Muslim men — an activist turned Shariah mortgage seller and an Islamic cleric who sold his Islamic seal of approval on such mortgages — were acquitted on Friday of a dozen criminal charges by an Ontario Superior Court judge […]
(CBC) Two men who provided Shariah-compliant mortgages to Muslim homeowners in the GTA were acquitted of a dozen criminal charges in Ontario Superior Court Friday after a trial that began back in October 2018. Omar Kalair and Yusuf Panchbhaya were on trial […]
(Houston Chronicle) The FBI is asking the public for help in identifying and locating a man who robbed an Alief bank in March while dressed as a female. The man, dubbed the “Springtime Suspect,” is accused of robbing the IBC Bank, at […]
(Springfield Sun) Two Philadelphia men were arrested April 13 in connection with holdups at four banks over 10 days carried out by an armed robber disguised in a burqa, according to Springfield police. Daniel Weary, 27, and Victor Manson, 21, were arrested […]
(Cherry Hill Courier-Post) A Philadelphia man is accused of robbing a bank here. Daniel Weary, 27, allegedly threatened a teller with a gun during the April 6 holdup of a Republic Bank office on Kings Highway in Haddonfield, authorities say. Weary was […]
(Springfield Sun) A person dressed in all black and a burqa robbed the PNC bank, 1316 Bethlehem Pike, Monday, according to Springfield police. The robber, believed to be a male but possibly a female, entered the bank at 5 p.m. April 8, […]
(Cherry Hill Courier-Post) An armed robber concealed his features behind a burka during a bank holdup Saturday. The man brandished a handgun at a teller in the Republic Bank at East Kings Highway and Chestnut Street around 5:50 p.m., according to the Camden County […]
(AP) A federal judge says he will rule in the near future on the constitutionality of a government watchlist that includes more than 1 million people the FBI considers to be “known or suspected terrorists.” The Council on American-Islamic Relations sued in […]
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