Muslim Charities Facing Blackmail

Sheikh Saleh Kamil, Chairman of the Saudi-based Al Baraka Group has accused "some irresponsible" American bodies of blackmailing Muslim financial and charities after the September 11 attacks.
Sheikh Saleh Kamil further said the West's "ignorance" of Islamic values was the main reason behind the campaign against Muslim charities."
Addressing a major banking conference in Manama Sheikh Saleh said, "Muslims all over the world reject all means of terrorism,".
Washington has accused several Islamic banks and charities of "funding terrorist organisations" like Al Qaida and frozen assets of these institutions in the U.S.
"The Islamic banks are regulated by central banks and international agencies," Kamil said at the opening session of the 2002 World Islamic Banking Conference, hosted by the Bahraini government.
"We are sure that (Islamic banks) have no surplus funds to support terrorism nor they have a medium for circulating terror funds."
Islamic banks and institutions transact business worth more than $700 billion in fifty countries all over the world. "They are controlled with utmost efficiency to the extent they have become an effective integral part of the international banking system," he stressed.