Posts Tagged ‘Malaysia’

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Gaps found in Malaysia’s terror finance policies

September 22, 2015

Malaysia has made progress in countering the financing of terrorism, but still has a long way to go according to a new report from the international financial watchdog FATF. Shortcomings include a derth of prosecutions, a failure to identify specific offenses under Malaysian law such as fundraising for terrorist causes, and extreme slowness in enforcing sanctions against UN-designated terrorists. From FATF’s “Mutual Evaluation Report” (h/t El Grillo):

Malaysia has undertaken over 40 TF investigations of which 22 are ongoing, however no prosecutions have been taken forward. Malaysia successfully uses other criminal justice and administrative measures to disrupt terrorist and TF activities when a prosecution for TF is not practicable. These include various domestic terrorist plots, terror groups and foreign terrorists. Malaysia also uses these other measures to address the most relevant emerging TF risk – individuals travelling to conflict zones to participate in or advocate terrorist activity. Malaysian authorities identify and investigate different types of TF in each counter-terrorism investigation, and counter-terrorism strategies have successfully enabled Malaysia to identify and designate terrorists, terrorist organisations and terrorist support networks. In the absence of TF prosecutions, Malaysia has not demonstrated that it has sanctioned different types of TF offences, such as the collection of funds for TF, or the financing of terrorist acts or individual terrorists.

Malaysia demonstrates many of the characteristics of an effective system for targeted financial sanctions (TFS). A key area of effectiveness is in the direct implementation of TFS against UN designated persons and entities. Malaysia has also domestically listed individuals and entities pursuant to UNSCR 1373 representing a range of domestic and international terror threats. Many of the elements of the legal system and processes for implementing TFS related to UNSCRs represent a best practice for other countries. Effectiveness of TFS is supported by supervision of the FI and some DNFBP sectors, outreach and awareness raising, and government agencies checking their own databases. In absolute terms the amounts frozen under TFS are relatively small, reflecting to some extent the cash economy nature of TF in the SE Asian region and the detention of a number of Malaysian designees. Recently more freezing actions have taken place outside of the banking sector and covering property indirectly owned or controlled by designated entities.

Malaysia’s approach to preventive measures, oversight and outreach to the NPO sector has improved significantly in recent years and demonstrates many of the characteristics of an effective system. Outputs reflect targeted approaches to TF risk mitigation, with outcomes achieved to a large extent. This includes RoS and other regulators as well as the RMP.

Despite good inter-agency cooperation on PF (policy and operational), Malaysia’s technical gaps in relation to R7 are significant and major improvements are required to make the process more effective. The long delays in transposing designations made by the UN into Malaysian law undermine effectiveness. RIs have increasingly good awareness of obligations, particularly in Labuan and the major FIs. Supervision of obligations is taking place, but implementation could be deepened and further supported with additional guidance. Two Malaysian banks have frozen over USD29 million of assets related to the one Labuan domiciled Iranian bank designated under UNSCR 1737. No entities or assets related to UNSCR 1718 have been detected. Vigilance measures adopted by Malaysia add to effectiveness.

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Malaysia imposes sharia food fatwa

March 23, 2012

Like the man who said, “Halal certification has made me a millionaire,” the government of Malaysia has determined that imposing sharia law can be a very profitable enterprise.  At least, that is, in the short term, until sharia law drains all the wealth from its subjects, and causes long-term economic inefficiencies, jealousies, poverty, and inequality that characterizes the Muslim world.  From Jihad Watch earlier this week:

Fines and jail time for Malaysian restaurants not certified as ‘halal’

Showing once again that the Islamic supremacist racket slash ratchet only goes one way. In a few short months, any Malaysian restaurant owner or food vendor that fails to register for and publicly display a ‘halal certificate’ on his premises will face both fines and jail time. There’s no escape — Islamic supremacism continues to steamroll its way through the country in ways both great and small.

From “Jakim: Fine, jail from July 1 for not displaying halal certificate and logo”, The Star, 16 March 2012:

KUALA LUMPUR: Effective July 1, the Islamic Development Department (Jakim) will fine and jail food operators who fail to display halal certificate and logo.

Halal hub division director Hakimah Mohd Yusoff said monitoring will be done in cooperation with the Domestic Trade, Cooperatives and Consumerism Ministry.

“We will visit every premise from March 31 to educate food operators on the need to obtain the halal certificate and not only display the halal logo,” she said Friday.

Only halal certificates and halal logos issued by Jakim and the Federal Territory Islamic Religious Department (Jawi) are recognised.

“Halal certificates issued by the private sector are not recognised and operators who display them will be dealt with. This is stipulated under Section 16 of Domestic Trade Act 2011.” Hakimah said until February, a total of 1,420 applications for halal certificates had been received. – Bernama

This certificate amounts to yet another thinly-disguised ‘jizya’ tax, as 80% of Malaysia’s food industry is owned and/or operated by non Muslims. Each ‘Halal certificate’ costs a reported RM1000, which is about 300 U.S. dollars. As each and every food item sold at a restaurant must be ‘certified as halal’, a Malaysian restaurant could easily be forced to spend up to hundreds of thousands of ringgit to become properly ‘halal certified’. There’s no telling how much this is going to cost the Malaysian economy, or how many businesses will be forced under. But Malaysian Muslims do have their priorities.

Meanwhile, the “occupy movement” and its Muslim cohorts tell us that we should fear “corporate food” and embrace halal food, as though there is no profit motive behind halal food.

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Hosein’s latest anti-Semitic money lending rant

February 19, 2012

Imran Hosein, the renowned Trinidadian “Islamic philosopher,” has spoken out once again against what he says is a “factual” description of Jews as evil money lenders.  During a remote Feb. 8 Skype interview by an Albanian imam, Hosein praised William Shakespeare’s depiction of Shylock in The Merchant of Venice, then said money lending by Jews is “evil, it is shameful, it is disgraceful, it is sinful” before calling for a “riba-free economy.”  Listen to this one-minute clip, in which Hosein returns to one of his other favorite themes—the condemnation of paper currencies:

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Gulf-based CEO plans jihad & caliphate

November 21, 2011

A new presentation uploaded by Dr. Tareq Al Suwaidan to Slideshare (the popular website for sharing PowerPoint files) lays out his plans for “a new Islamic civilization.”  What do those plans include?  Resistance and jihad against Israel:

Islamist PowerPoint slide

Slide 91

Slide 126 shows Dr. Al Suwaidan’s plans for a neo-Caliphate that includes a common financial system:

Sharia slide

You can be sure that the economic plans do not include a financial system that allows for riba (interest), paper currencies, or any investment that “contradicts” Islam (which could be whatever the theocrats declare by fatwah).

The entire presentation entitled “Change Project مشروع التغيير الحضاري – بالانجليزية,” is 135 slides long, and it is not worth embedding on Money Jihad.

Dr. Suwaidan describes himself as a CEO at Innovation Group located in Kuwait and Saudi Arabia.  His final slide says that the presentation was prepared “in collaboration with ANSI Systems Sdn Bhd in Malaysia.”

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Malaysian terror financier studied accounting in Tennessee

June 13, 2011

Philippine authorities arrested a Malaysian “follower of Osama bin Laden” last week known as Abdul Aziz Usman Aziz Othman. Aziz is said to be the financial officer of a jihadist organization. He was well suited for such a task, having attended the University of Tennessee in the 1990s by studying accounting and finance there.

Certainly, Aziz must have interacted with the Muslim community in Knoxville, Tennessee, during his studies. He would not have found any “followers of Osama bin Laden” there, would he?  Well, a few observations about Islam in Knoxville:

The Muslim Community of Knoxville (MCK), probably the largest Islamic umbrella group in East Tennessee, proudly notes on its website its “close cooperation with other Muslim organizations in the area, most notably: the Islamic Education Foundation of Knoxville (IEFK), the Annoor Academy of Knoxville (AAK) and the Muslim Student Association (MSA).”  MCK also rejoiced in its cooperation with Helping Hands for Relief & Development to provide aid to Pakistan during its floods last year.

These are questionable organizations with whom to consort.

Make an investment in your hereafter

Annoor Fundraising Flyer

If these were the waters in which Aziz swam, no wonder he’s all wet.

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Politician opens eyes, sees zakat unfairness

March 31, 2011

Malaysians pay income tax.  Muslim Malaysian taxpayers receive a zakat “rebate” for being Muslim.  Non-Muslims receive no such rebate.  This is in accordance with Islamic law which forbids non-Muslims from receiving zakat.  This concept is so deeply ingrained within Islamic thought that when a politician simply observes that it is unfair to give Muslim Malaysians a rebate that non-Muslims do not receive, that observation makes the news.  From Malaysia Kini on Mar. 4:

The current tax policy is unfair as proceeds from zakat, an Islamic tax, is used exclusively for the development of Muslims through the building of mosques and other amenities, said senator S Ramakrishnan.

The senator, who is also an accounting lecturer, called on the government to be fair to all Malaysians by giving non-Muslims a similar tax rebate like zakat.

Ramakrishnan urged the government to amend the tax legislation so that Malaysians of all religions are treated fairly in the spirit of ‘1Malaysia’ when computing their income tax…

Malaysia is also well-known for its jizya-inspired discriminatory bumiputra tax system.

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Malaysia says Islamists knee deep in Saudi cash

February 4, 2011

Malaysia asserts that the Saudis are trying to buy elections on behalf of Islamists politicians, and that the Saudis are engaged in terror finance activities.  Among the allegations:

  • “Millions of dollars of Saudi money had been funneled to leading Islamist politicians.”
  • Senior Taliban leaders live in Saudi Arabia and send money back to the Taliban
  • Muslim Brotherhood affiliates are the recipients of private Saudi donations

If the shoe fits, wear it.  From CNN (h/t GoV) on Jan. 27:

Beirut, Lebanon (CNN) — In August last year, Malaysian Prime Minister Najib Tun Razak was not happy with Saudi Arabia. He complained that the Saudis appeared to be funding an opposition candidate, Anwar Ibrahim, in upcoming elections.

What’s more, the Malaysian authorities suspected two senior Saudi princes of involvement. The Saudis launched an investigation, and uncovered something very different — and more alarming.

A secret report seen by CNN concludes: “There is no evidence any Saudi official ever supported Anwar Ibrahim” and “claims of support from the Saudi royals named in the initial report [names redacted] were found to be without basis.”

But the investigation found that hundreds of millions of dollars of Saudi money had been funneled to leading Islamist politicians and political activists overseas. It also found that al Qaeda and the Taliban were still able to use Saudi Arabia for fund-raising, despite numerous measures to choke off those sources of cash.

According to a Saudi source who is not authorized to speak publically, “People close to the senior leadership of the Taliban live in Saudi Arabia and send money back” [to the Taliban].

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