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OIC Pushes Sharia Finance with World Bank
May 11, 2017
The Organisation of Islamic Cooperation (OIC) continues its efforts to promote the globalization of Islamic finance, working through its Islamic Development Bank to support the World Bank's recent conference in Malaysia to explore tapping into the $1.9 trillion market of sharia-compliant assets to finance global infrastructure development.
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Iran Sees Levant as Strategic Beachhead
May 11, 2017
Iran's Islamic Revolutionary Guard Corps (IRGC) has used its penetration into Iraq, Syria, and Lebanon as the preliminary stage in a broader strategy of exporting its Shiite version of Islamism, with the objective of establishing a geopolitical corridor between Iran and the Mediterranean and an ideological beachhead to project radical Islamism in Eurasia and Africa.
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Al-Shabaab Progresses 25 Years After "Black Hawk Down"
May 11, 2017
A quarter-century after downing US Black Hawk military helicopters in the battle to push the al-Qaeda affiliate from Somalia, al-Shabaab is making headway in its ongoing war to capture the geostrategically important state in the Horn of Africa.
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Erdogan Uses Islamist Discourse in Condemnation of Israel
May 11, 2017
Turkey's President Recep Tayyip Erdogan used an Istanbul conference on the issue of Palestine and the status of Jerusalem as a platform for Islamist discourse, urging Muslims worldwide to visit Jerusalem to support the city as the capital of an independent Palestinian state and characterizing Israel as racist and discriminatory in its practices against Palestinian Muslims.
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IS Beheads Russian Serviceman in Syria
May 11, 2017
A newly released Islamic State (IS) video shows the beheading of a Russian serviceman captured in Syria, accompanied by IS claims that the victim was an "agent of Russian state intelligence."