Friday, August 5, 2016

Bill Clinton Got Millions From World’s Biggest Sharia Law Education Firm

The Daily Caller News Foundation issued a new report
Former President Bill Clinton collected $5.6 million in fees from GEMS Education, a Dubai-based company that teaches Sharia Law through its network of more than 100 schools in the Middle East, Asia and Africa, according to a Daily Caller News Foundation investigation.
The company’s finances strictly adhere to “Sharia Finance,” which includes giving “zakat,” a religious tax of which one-eighth of the proceeds is dedicated to funding Islamic jihad.
The company also contributed millions of dollars to the Clinton Foundation.

The former president served as honorary chairman for GEMS Education from 2011 to 2014, according to federal tax returns he filed with his wife, 2016 Democratic presidential nominee Hillary Clinton.
His biggest paycheck from the closely-held company — which is incorporated in the Cayman Islands — was in 2014 when he 
pocketed $2.1 million. It is unclear if Bill received income from the Middle Eastern firm in 2015, since Hillary has not yet released her tax return for that year.
Clinton’s relationship with the Sharia-oriented education firm drew critical reviews from anti-terrorism experts.
“Why would Bill Clinton be participating in programs that teach Sharia in foreign countries where that is the specific objective of the Muslim Brotherhood, ISIS and al-Qaeda,” asked counter-terror analyst Stephen Coughlin in an interview with TheDCNF.
GEMS is one of the most dominant educational programs in the Middle East, with 51 separate schools operating in the region. Globally, the for-profit company claims that 250,000 students are learning under its program in 170 countries.
The Dubai firm has donated between $1 million and $5 million to the Clinton Foundation, according to the foundation website. GEMS was an official sponsor of the 2013 and 2014 Clinton Global Initiative. Its Indian-born CEO Sunny Varkey attended both years.
And the Varkey Foundation, named after the CEO, contributed $250,000 to $500,000 to the foundation.
Varkey publicly claimed Bill was the “honorary chairman” of his foundation. But Bill and Hillary report in their joint federal tax returns the annual payments came from the for-profit GEMS Education company.
The company has raised funds through bonds and has openly broadcast its commitment to Sharia finance. In 2013, the company issued a $200 million bond prospectus and assured potential investors it relied on “Fatwa and Sharia” advisers to assure it was “compliant” with Sharia finance. Read more: Here

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