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NEW YORK & LONDON, Mar 28, 2012 (BUSINESS WIRE) -- Bloomberg Brief today announced the launch of its Islamic Finance weekly newsletter, which gives global investors and financial advisors critical data and analytics to stay ahead of the developments and trends in the world of Shariah-compliant finance.

Today, global financial institutions in the $1 trillion Islamic finance market gather expert insights and assets to serve a wide pool of investors as well as expand relevant products and services. Published every Monday, Islamic Finance publishes expert insight from the industry's most influential thought leaders, decision makers about an industry that is growing exponentially, especially in emerging markets. The Islamic Finance newsletter monitors Shariah-compliant bond and loan offerings in the pipeline, gathers underwriter rankings and covers the issuance of new sukuk assets, sales of which have reached $6.6 billion in 2012, up over 300% on the prior year according to data compiled by Bloomberg.

“The Islamic finance market is dynamic and fast moving, which creates space for a service that both educates market participants and keeps them ahead of the game," commented Ted Merz, News Content Business Manager for Bloomberg Briefs. “We believe this mix of news, views, data and analysis will help give investors insight into market movements and thus a competitive edge."

Bloomberg adds the Islamic Finance Brief to other significant initiatives that have grown the Bloomberg library of information resources about the market. In February 2011, Bloomberg launched a dedicated Islamic Finance Platform (ISLM) along with a Malaysian Ringgit (MYR) sukuk index, providing a benchmark for MYR sovereign sukuk investments.

Then in June 2011, in collaboration with Bank Negara Malaysia, Bloomberg launched the Bloomberg Malaysian Foreign Currency Sukuk Index (BMSSUTR), a non-ringgit denominated index.

Islamic Finance joins 14 other Bloomberg Brief newsletters, which together now have more than 165,000 subscribers. Bloomberg Brief titles will now include: Economics, Economics Europe, Economics Asia, Hedge Funds, Private Equity, Mergers, Bankruptcy & Restructuring, Leveraged Finance, Municipal Market, Structured Notes, Risk, Financial Regulations, Climate & Carbon, Technical Strategies, and Islamic Finance.

Bloomberg Briefs are available for no additional fee to subscribers of the Bloomberg Professional® service at {BRIEF }. Non-Bloomberg subscribers can also purchase the newsletters at www.bloombergbriefs.com .

For more information about Bloomberg Brief Islamic Finance, please contact: Nick Ferris, Global Business Manager for Bloomberg Brief at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

About Bloomberg Briefs

Bloomberg Brief is a newsletter publishing division of Bloomberg LP, the premier source of data and analytics in the financial world. The division publishes both daily and weekly electronic newsletters. Subscribers to the Bloomberg Professional service have full access to the Bloomberg Briefs. Bloomberg Brief also sells individual and enterprise licenses across departments and companies. Visit www.bloombergbriefs.com for more information.

SOURCE: Bloomberg LP

Link: http://www.marketwatch.com/story/bloomberg-brief-launches-islamic-finance-weekly-2012-03-21
 
Reuters
3/28/12
 

WASHINGTON (Reuters) - The U.S. Treasury Department on Wednesday set additional sanctions against Iranian engineering firms with ties to the Iranian Revolutionary Guard Corp (IRGC), which it said has continued to expand its control of the Iranian economy.

It also sanctioned individuals and shipping companies with ties to the Islamic Republic of Iran Shipping Lines (IRISL).

"By designating the individuals and entities today, Treasury is sending a clear signal to the international community that Iran's attempts to evade international sanctions will not go unnoticed," Adam Szubin, director of the Treasury's Office of Foreign Assets Control, said in a statement.

The department imposed additional sanctions on Iran Maritime Industrial Company SADRA, which it said has offices in Iran and Venezuela. It said SADRA was owned by Khatam al-Anbiya, an engineering company used by the Islamic Revolutionary Guard Corp to fund its operations.

It also sanctioned Deep Offshore Technology PJS, which it said was a subsidiary of SADRA.

The Revolutionary Guard is a primary focus of U.S. and international sanctions against Iran because of the central role it plays in Iran's missile and nuclear programs, its support for terrorism and its involvement in serious human rights abuses, the department said.

It also has expanded its control over the Iranian economy - particularly in defense production, construction and oil and gas industries - subsuming increasing numbers of Iranian businesses and pressing them into service in support of the Revolutionary Guard's "illicit conduct," the department said.

"We will continue to target the Iranian regime and specifically the IRGC as it attempts to continue its nefarious infiltration of the Iranian economy," Szubin said.

In addition to freezing assets of the companies, any foreign financial institution that does business with the firms risk losing its correspondent account access to the United States, the department said.

It also designated Malship Shipping Agency Ltd and Modality Limited, which it said were affiliates of the Islamic Republic of Iran Shipping Lines (IRISL), and two individuals, Seyed Alaeddin Sadat Rasool and Ali Ezati, who it said worked for IRISL.

"IRISL has played a key role in Iran's efforts to advance its missile program and transport other military cargo," the department said.

Link: http://www.reuters.com/article/2012/03/28/us-usa-iran-sanctions-idUSBRE82R12820120328

 

March 23, 2012
FOX NEWS


SEAN HANNITY, FOX NEWS HOST: Now, with something we have warned about in this program for more than a year and thanks to President Barack Obama, the United States of America is preparing to send $1.5 billion to the radical extremist inside the Muslim brotherhood but, of course, the shocking story is not leading any of the newscast of the mainstream Obama-mania media. Though you will only hear about this as our vetting of the President continues tonight in "The Real Obama."

Now, this massive sum of money was set aside by the White House for the purpose of funding the Egyptian military. However, Congress blocked it from being handed over due to concerns about the anti-democracy movement that is now griping that country. But the breaking news today comes to us from the State Department where Secretary Hillary Clinton announced that she will issue a waiver to circumvent the will of Congress. Now, according to our report, from democratic Senator Patrick Leahy, Clinton will certify that Egypt is meeting its obligations under its peace treaty with Israel and that means $1.5 billion tax will soon start flowing to the Egyptian government and, yes, that means the Muslim brotherhood. Now, it pains me to say this, and I will prove this with the tape we have tonight but I told you so.

Here with reaction to this scary developing story and helping us continue our vetting of President Obama is Dr. Zuhdi Jasser. He is the president and the founder of the American Islamic Forum for Democracy. Now, first of all, she is saying they are meeting their obligations. Money as I understand it has not been allocated. Congress tried to stop it. Here is the problem the new government of Egypt in the last week has just declared Israel their number one enemy, did they not, sir?

DR. ZUHDI JASSER, PRESIDENT, AMERICAN ISLAMIC FORUM FOR DEMOCRACY: Yes, they did. And Sean, I'm so glad you are bringing attention to this. Our government continues to operate while the Middle East is going through convulsions in an Arab Spring. Our own democracy is now facilitating the oppressors, the future oppressors, the next generation of fascist that have gone from secular fascist to Mubarak, now to theocratic fascist and we want to circumvent our own democratic process so that we can have a discussion about who our real allies are and have an administration that is I think even beyond naive is actually facilitating the loss of liberty in the Middle East. And does not have a doctrine. We need to have a conversation. This money we have determined in the '90s and even before that you can't buy allies. Mubarak radicalized his population with our dollars and now these dollars will go to put into place a Sharia state and Islamic state which parliament now has 70 percent Muslim brotherhood on it. And yet, we can't have a national conversation whether my tax money, I as an American-Muslim, whether that tax money should go to fund the Islamist oppressors of minorities, of women in Egypt.

HANNITY: All right. This is a very interesting point. Because you're saying, the United States of America now, we're going to go through exactly who the Muslim brotherhood is. Now, during the Arab spring, they were saying and they were the likely successors to Mubarak as bad as Mubarak was, he was a dictator, he did keep the peace with Israel for 30 years. They were saying prepare for war with Israel. One of the first ac acts is to say that Israel is our primary enemy. The Mullahs in Iran are now saying that, we've got Israel surrounded. This is not a good situation for a cause as ally. So, they are bypassing Congress. Now, I want to go back because I don't understand and this is part of the vetting of the President, how a President could be this wrong on something so basic.

Now, first I want to put up a full screen quote of the President saying, look when Congress is not willing to act he said, we're going to go ahead and we will do it ourselves but it would be nice if we could get a little help from Capitol Hill. Now, let's go back to the Arab Spring where the news media in this country and the President were talking about democracy and the change and freedom is in the air. We now know they were wrong. Here is what the President said then.

(BEGIN VIDEO CLIP)

PRES. BARACK OBAMA (D), UNITED STATES: I do have an unyielding belief that all people yearn for certain things. The ability to speak your mind. And have a say in how you are governed and that is why we will support them everywhere. These rights include free speech. The freedom of peaceful assembly. The freedom of religion. Equality for men and women under the rule of law. And the right to choose your own leaders. Whether you live in Baghdad or Damascus, Sana'a or Tehran, you have an Arab Spring in the Middle East that promises more democracy and more human rights for people.

We will support policies that lead to strong and stable democracies and open markets because tyranny is no match for liberty.

(END VIDEO CLIP)

HANNITY: Now, I was warning at the time, I'm going to play a tape of myself at the time and I was attacked as being, quote, "Muslim Brotherhood obsessed." Now, they and the extremists have won, they come into power and they now are threatening Israel. Here is what I said at the time.

(BEGIN VIDEO CLIP)

HANNITY: My skepticism is that we will going to see the Muslim Brotherhood, ElBaradei or some type of extremists as bad as Mubarak, some type of extremist element take over in Egypt. What I'm worried about is that has now been hijacked by the Muslim brotherhood and those that want to take power which will put in place a far worse dictatorship than we are seeing now.

I keep preferring back to the Muslim brotherhood and their goal, they are radical Islamists. They are a danger to the Middle East, to Israel our closest ally and to us. What part of the Muslim brotherhood their desire for Sharia law and Islamic caliphate that they understand -- I really believe that the Muslim brotherhood is a clear present danger.

(END VIDEO CLIP)

HANNITY: I don't have the intelligence. Why don't you walk us through the Muslim brotherhood, their original mission was to spread Islam, radical Islam and Sharia law. They have the support of al-Qaeda and other extremists. Hamas began as a branch of the Muslim brotherhood. Tell us who this Muslim brotherhood is that we are going to give 1.5 billion taxpayer dollars to.

JASSER: Well, the Muslim brotherhood basically has many different forms, that has a violent form such as al-Qaeda or Hamas and it has this n evangelical fell political movement form that uses democracy to get into power but it's a one way street in which then minorities and others don't have power when the source of law becomes not freedom and liberty but rather Islamic domination and Islamic supremacism and the cleric's way to determine what is law. And unfortunately, this administration not only abroad but domestically has partnered with the wrong groups, groups that facilitate Sharia and Islamism, domestically like the council on American Islamic Relations, Islamic Center of America. Groups that came out of that environment in Egypt and until we have an administration with the courage to identify, our war is not against all Islam or all Muslims. In fact, we need to take sides within the house of Islam so say that we're going to advocate for liberty and not give our money to the strong horse and those people that claim to be our allies.

HANNITY: But the problem is that public opinion polls in Egypt showed that they wanted a theocracy. You know, and this paved their way for the brotherhood and this was disturbing. You know, the Egyptian Muslim brotherhood, you know, that is where Bin Laden's top deputy Ayman al- Zawahiri. That's where Khalid Sheikh Mohammed. They came out of this. Extremist element of the brotherhood, they said they prepared for war in Israel while the Arab Spring was going on. How is it that I as a talk show host pinpointed exactly what would happen and the president of the United States with every bit of intelligence he has got it wrong and now is going to fund this radical government in Egypt?

JASSER: Well, because the agenda, your agenda Sean is one of advancing freedom and liberty and American ideals that every human being across the world just as George Bush mentioned in the freedom agenda wants innate rights guaranteed by God. This administration unfortunately has another agenda whether it's collectivists, socialists and economics, it bonds with anybody that wants to create sort of an environment where democracy is used to bring into power the collectivists and often times autocrats. And I think, this is something we need to identify and pinpoint and tell America that their tax dollars. You know, listen, I don't think the Middle East has to any longer be torn between two choices, either secular fascism or theocracy. Just as the west went to reform, and Christianity separated church and state in the West and we got our wonderful United States after revolution. These revolutions in the Middle East, Jeffersonian principles have not had any chance to survive in the Middle East. Why don't we advocate for those and beginning now and not fund our enemy?

HANNITY: As you said, we should not facilitate the rise of radical extremism and by supporting the Muslim brotherhood and supporting Egypt and their new government that is declared that Israel is their enemy, I believe we are doing just that. Thank you for being with us. And we continue, we have more of the vetting of the President tonight on HANNITY. Also, a shocking report, a left wing band is calling on people to blast their song that talks about killing Rush Limbaugh. All those details coming up tonight. And it is like he had a glimpse into the future. Wait until you hear the chilling warning from the legendary Paul Harvey. A warning to America that he gave back in 1965. You will see how relevant it is today. But first, this is not a joke. But the President now says, that he is not to blame for Solyndra. We will tell you who he is pointing fingers at next.

http://nation.foxnews.com/president-obama/2012/03/23/real-obama-imperial-presidency

 

New York Post
March 21, 2012

French police’s dramatic pursuit of Mohammed Merah, an Islamic radical, for Monday’s terror murder of a rabbi and three Jewish schoolchildren should remind us here in New York and elsewhere that Islamic terror hasn’t taken a holiday.


Even if the ACLU, the Obama administration and some other politicians think that Muslims are being persecuted, events both here and abroad show that there is no wave of hate crimes against Muslims, but rather a continuing case of hate crimes against Jews and Israel.


We need to be aware of this continuing danger, even as our chattering classes insist it’s all a figment of our imagination, a case of Islamophobia.


Alert New Yorkers have noticed the NYPD stepping up its presence around New York synagogues and Jewish schools recently, as Iran and al Qaeda have both promised to escalate actions against Jews and those who support Israel.


Over the past few weeks, Iranian-funded agents of Hezbollah have attacked Israeli targets in India, Thailand and Kazakhstan, as Iran itself speeds its program to build a nuclear bomb that will endanger Israel, Jordan, Egypt, oil routes and America itself.


Yet our own intellectual elites have chosen to ignore this escalation of Islamist terror, and instead target our own law-enforcement and security agencies, demanding that they treat Islamic institutions with kid gloves.


That same see-no-evil-hear-no-evil approach didn’t work in France, which has suffered a tremendous escalation of violence by its own Arab-Muslim community, much of it directed specifically against Jews.

There were 389 reported acts of anti-Semitism in France last year, reports the Representative Council of French Jewish Institutions.

The last decade has seen many riots by French Muslims, mostly from the Algerian community. Notably, the 2005 riots saw 9,000 to 10,000 vehicles and about 300 buildings and stores burned down.

Yet French officials and the French press often behaved as if there is no serious anti-Jewish or anti-French undercurrent to the violence, while the police and security officials feel beleaguered and unsupported.

The French police admit they fear entering many Arab neighborhoods, even in Paris. Officially there are more than 700 urban “no-go zones” or zones urbaines sensibles. Thus about 8 percent of France's total population — some 5 million people — basically live in the realm of Islam, while living in France.

French Chief Rabbi Gilles Bernheim said he was “horrified” at Monday’s murders, which follow the killing of three soldiers in two separate shooting attacks by a motorcyclist in the prior week, a tactic widely used in Syria, Lebanon and Algeria. Police now suspect Merah in all seven murders.

One of the most damning elements of the French terror spree is that the terrorist was able to carry out his murderous attacks even though he was under some form of French government surveillance. Merah had contacted jihadist groups in Pakistan and Afghanistan, and yet he was not apprehended, nor were his weapons confiscated.

This episode begins to resemble the Fort Hood massacre, where Major Nidal Malik Hassan had contacted al Qaeda and “acted out” his radical passions, yet was allowed by the US Army to continue in his position and to carry a weapon with which he murdered 13 people.

Clearly, being politically correct is costing lives on both sides of the Atlantic.

Just as clearly, the people of New York and New Jersey should be giving unstinting support to our law-enforcement and security officials in this regard — and ignoring if not denouncing the continuous criticism from the chattering class, which can only undermine them.

Michael Widlanski, formerly strategic-affairs adviser for Israel’s Ministry of Public Security, is the author of the new book “Battle for Our Minds: Western Elites and the Terror Threat.”

Link: http://www.nypost.com/p/news/opinion/opedcolumnists/french_dis_connection_8rRnOI3cgv8hrUfsXjGJqJ

 

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