Reuters Fails To Detect Muslim Brotherhood Deception In Article About Sharia Finance


A Reuters story about Islamic finance illustrates both the deceptive tactics of the U.S. Muslim Brotherhood and the general inability of the media to detect such deception. The Reuters story states:

The lack of a globally uniform set of sharia guidelines sometimes also results in differences of opinion among scholars who rule on compliance within sharia law.”That is why we went to the FIQH Council of North America. They are trying to interpret Islam for North Americans, which may be different than how Saudi Arabians invest. This is allowed,” said Nick Kaiser, president of Saturn Capital and portfolio manager of the Amana funds based in Bellingham, Washington.

However, Kaiser himself gave a somewhat different story when interviewed by the Washington Post in 2005:

Kaiser said he was approached in 1984 by the North American Islamic Trust, a Burr Ridge, Ill.-based group that oversees assets of the society, the Muslim Students Association of the U.S. and Canada, and other organizations. ‘I had no idea about Islamic funds then,’ he said. Two years later, after working with the trust’s directors and the council’s scholars to form an investment strategy based on Islamic law, he helped start the Amana Mutual Trust Fund. He screened 3,700 companies at the direction of Fiqh Council of North America in Leesburg, an advisory board of the Islamic Society.

Both the North American Islamic Trust and the Fiqh Council are part of the Islamic Society of North America which, in turn, is part of the U.S. Muslim Brotherhood and which has ties to Saudi Arabia. Furthermore, a 1985 economics journal reported that Amana was actually established by Jamal Barzinji, a long-time Amana trustee who was one of the founders of the Fiqh Council and who is also tied to Saudi Arabian financial sources through the now defunct SAAR Corporation. In other words, rather than employing the Fiqh Council because of its alleged independence, Amana and the Fiqh Council were founded by the same individual and both are part of the U.S Muslim Brotherhood and tied to Saudi Arabia. It should also be noted that the members of the Fiqh Council themselves are linked to the Muslim Brotherhood and/or Saudi Arabia and the Council maintains a relationship with other similar bodies including the Islamic Fiqh Academy in Saudi Arabia.

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