Jonathan Fryer

Writer, Lecturer, Broadcaster and Liberal Democrat Politician

Posts Tagged ‘Abu Hamza’

The Times Takes Aim at Qatar

Posted by jonathanfryer on Monday, 5th August, 2019

The Times QatarIn an unusual move for a “quality” daily newspaper in the United Kingdom, The Times of London has called on the new Home Secretary, Priti Patel, to investigate the paper’s findings in its investigation into alleged Qatari sponsorship of Islamist fundamentalism and has argued that the British government should isolate Qatar if the tiny Gulf state chooses to be “in opposition to the West”. This very much echoes the tone of the Gang of Four Arab states (Saudi Arabia, UAE, Bahrain and Egypt), which imposed sanctions on Qatar two years ago, listing a series of what they saw as offences, not least Qatar’s support for the Muslim Brotherhood. At the centre of The Times’s investigation, however, is the client list of the Al Rayan Bank, which has over the past 15 years established itself as the largest and most effective provider of shariah-compliant financial products in Britain. Headquartered in Birmingham, the bank has around 85,000 customers, but The Times highlights 15 — notably several Islamic charities, as well as the satellite television station Peace TV — as having links with terrorist organisations or of advocating Islamist ideals and aims which undermine British values and norms. Some of the charities mentioned have indeed had their accounts frozen or closed by other banks, including Lloyds and HSBC, and The Times argues that Al Rayan — which is 70% owned by Masraf Al Rayan, Qatar’s second largest bank, and 30% by the investment arm of the country’s sovereign wealth fund — should do the same.

Al Rayan BankNo-one is suggesting that Al Rayan Bank is itself in violation of banking regulations; it has always complied with FSA/Financial Conduct Authority guidelines. Rather, it is the nature of some of its account holders, which range from the Finsbury Park mosque (formerly the base of radical preacher Abu Hamza, now in jail in the United States) and charities with links to Hamas. Some of those are currently the subject of investigation by the Charity Commissioners, just as Peace TV — which is a platform for extremist preacher Zakir Naik, who is banned from Britain — has been referred to Ofcom. But as I said in a couple of TV interviews for Sky News Arabia  this afternoon, by urging the British government to get directly involved, The Times is upping the ante considerably. The timing cannot be coincidental, as clearly the advent of Prime Minister Boris Johnson and Priti Patel could be a game changer. But would Britain really go on the diplomatic offensive against Qatar, as the Gang of Four and their allies would like? Qatar is a huge investor in this country, owning flagship properties such as the Shard, Harrods and the Savoy Hotel — even a stake in British Airways. So far London has remained relatively neutral in the inter-Arab spat around the Gulf, but could that be about to change? What is certain is that not only will Al Rayan Bank be pleading its innocence in the affair but we can expect some heated ripostes from Doha as well.

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