Qatar uses British bank to ‘promote’ Islamist causes

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A British bank controlled by the Qatari state is providing financial services to multiple British organizations linked to Islamists, reported The Times.

Some of Al Rayan Bank’s clients have had their accounts with western banks frozen or closed in a security clampdown.

Al Rayan counts among its customers a charity banned in the US as a terrorist entity, groups that promote hardline preachers and a mosque whose long-term trustee is a Hamas leader.

Its chief executive until April, Sultan Choudhury, was also an unpaid director for seven years until 2016 of the British arm of a global religious institute whose speakers and instructors have included advocates of child marriage, female circumcision and the death penalty for adultery and apostasy.

Al Rayan, Britain’s oldest and largest Islamic bank, has its headquarters in Birmingham and provides Sharia-compliant retail banking services to more than 85,000 customers. Its Knightsbridge branch is directly opposite Harrods.

The bank’s controlling shareholders are institutions of the Qatari state. One of its directors, Adel Mustafawi, is the vice-chairman of the French football club Paris Saint-Germain (PSG).

Four groups that bank with Al Rayan are under investigation by the Charity Commission; two were the subject of recent Ofcom inquiries. Other account- holders are British organizations closely aligned to the goals of the Muslim Brotherhood.

Sir John Jenkins, a former ambassador to several countries in the Middle East, accused Qatar yesterday of “systematically promoting Islamist causes, including in the UK”. A Tory MP said that he would raise the matter with the home secretary “as a matter of urgency”.

The emirate’s support for the Brotherhood and its funding of terrorism were cited when Saudi Arabia, UAE, Bahrain and Egypt announced a 2017 economic boycott of the Gulf state that remains in place.

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