Global Political Islam

  • Saudi Arabia Issues Country‚Äôs First Global Islamic Bond

    April 19, 2017

    Pressured by collapsing oil revenues and falling currency reserves due to the country’s move to diversify its oil-dependent economy, the Saudi Arabian government has turned to international capital markets for debt relief, raising $9 billion with the Wahhabi Kingdom's first-ever Islamic bond issue.

  • Algerian Government Reluctantly Moves Towards Islamic Banking

    April 19, 2017

    Algerian financial officials are moving reluctantly, given concerns stemming from the country's 1990's civil war between Islamists and secularists, to introduce sharia-compliant banking services as a way to offset the country's drop in oil revenues.

  • Mob Attacks University Students Accused of Blasphemy Against Islam

    April 19, 2017

    A student mob in a Pakistani university attacked two students, one of whom died of injuries from lynching, after rumours began to spread that the deceased student had “allegedly published blasphemous content" on Facebook.

  • IS Affiliate in Philippines Clashes with Military

    April 19, 2017

    Abu Sayyaf, an Islamic State (IS) affiliate responsible for a series of beheadings and kidnappings of civilians in the Philippines, has recently engaged in lethal clashes with Philippine military forces following warnings by the US Embassy in Manila of credible threats by the jihadi group against civilians.

  • US Law Enforcement Expresses Concern over Domestic Jihadi Group

    April 19, 2017

    US law enforcement officials have reported that a Pakistani-linked jihadi group listed by the US State Department as a terrorist organization, Muslims of the Americas, continues to be a focus of concern for possible weapons purchases and tactical training for coordinating militant action within the United States.

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