Skip to comments.Sharia banks that fund terrorism
Posted on 01/07/2013 6:15:49 PM PST by 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. Heres Money Jihads short list of the worst offenders:
(Excerpt) Read more at moneyjihad.wordpress.com ...
Bank of America has to be on the list.