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  • REMINDER: Caribou Coffee is 87.8% owned by First Islamic Investment Bank

    01/01/2008 12:22:43 PM PST · by STARWISE · 98 replies · 1,665+ views
    Snopes ^ | Updated 11-17-06
    Caribou Coffee Claim: An Islamic bank is the majority owner of the Caribou Coffee chain. Status: True Example: [Collected on the Internet, 2002] As you will see from the links below, Caribou Coffee is owned 87.8% by the First Islamic Investment Bank which, among other things has the following philosophy: "Above all, ensuring that all activities conform to Islamic Shari'ah" The chairman of their Shari'ah supervisory board is: Dr. Yusuf Abdullah Al-Qaradawi Chairman, Seerah & Sunnah Center, Qatar University; Professor, Faculty of Shari'ah, Qatar University. As you will see from the links below he is also on the supervisory board...