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Yet in many instances, the clerics deciding where this ‘charity’ money should go arethe spiritual godfathers of terror, such as Sheik Yusuf Qaradawi, who supports suicide bombing in Iraq and Israel, and Sheik Muhammed Taqi Usmani, who has admitted h ran a madrassa that supported the Taliban, yet who sits on the sharia supervisory board of the Dow Jones Islamic Index Fund.It’s no surprise, then, that many charitable donations end up being channelled straight into terrorist organisations such as Hamas and Hezbollah.With all eyes fixed upon the political excitements in the U.S, few have paid much attention to a trip made by the Prime Minister several thousand miles in the oppositedirection.It is Saudi’s Wahhabi form of Islam which, along with its Shi’ite counterpart in Iran, aims to restore the dominance of Islam in the world and destroy rule by ‘unbelievers’.It is Saudi money which has fuelled the enormous spread of Wahhabi mosques, preachers and educational institutions in this country, delivering the message of holy war and radicalising countless thousands of British Muslims.
Among its latest acquisitions are Manchester City Football Club, which was sold to the ruling family of Abu Dhabi, and Barclays Bank, which has secured an almost £6 billion capital injection from Abu Dhabi and Qatar.
It is more than a little strange that the British Prime Minister should have apparently taken it upon himself to speak on behalf of the IMF.
But the real concern is that asking for help from Saudi Arabia is not like tapping your friendly neighbourhood bank manager for a bigger overdraft.
Thus, the Islamists are already pulling British strings through the supremely manipulative combination of the threat of violence and the lure of unbridled wealth.
Apparently oblivious to all this, however, Mr Brown has pledged to make London the global centre of Islamic banking.
But Lord Mandelson blurted out the truth when he acknowledged that the Saudis and other Gulf states would expect a bigger role in global institutions in return.