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Bank of the Intifada to Join the U.N.

The U.N.’s legal body has recommended that the Islamic Development Bank be granted observer status.


By Anne Bayefsky

National Review Online


March 26, 2007


The United Nations’ nourishment of terrorism (a concept it has yet to define) reached a new low last Friday. On March 23, 2007, the United Nations General Assembly’s Sixth Committee — its lead legal body comprised of all 192 member states — recommended that observer status be granted to the Islamic Development Bank Group (IDB), an entity that has been directly involved in paying the families of Palestinian suicide bombers.

Back in August of 2001, Ahmad Muhammad Ali, president of the bank, was questioned by the publication Asharq Al-Awsat about payments to the Palestinian Authority for the sake of carrying out the intifada. Ali told the publication that “there was no delay in paying financial assistance to the families of Palestinian martyrs,” assuring it, “We have started paying them soon after receiving the money.”

An Arab Summit in Cairo in late October of 2000 created two funds, the Al-Quds Intifadah Fund and the Al-Aqsa Fund. According to Ali, the IDB is responsible “for the smooth functioning of the two funds.” The final communiqué of the summit made no attempt to conceal the purpose of the funds: “the Al-Quds Intifadah Fund will have a capital of 200 million dollars to be allocated for disbursement to the families of Palestinian martyrs fallen in the Intifadah.”

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March 2007 News




Senator Tom Coburn's activity on the Subcommittee on Federal Financial Management, Government Information, and International Security

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