Saudi Charity Faces Scrutiny for Zakat Improprieties

The Makkah Charitable Foundation (MCF) has been investigated for delaying the distribution of foodstuffs to the needy, a violation of procedures for Zakat Al-Fitr under Shariah law…

http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentID=2010091883324

http://arabnews.com/saudiarabia/article142493.ece

Islamic Development Bank plans sukuk offering to raise $850m

The Islamic Development Bank (IDB) based in Jeddah, Saudi Arabia, the financial arm of Wahhabi dawa’h operations, is set to issue another Sukuk to fund its global operations…

http://www.khaleejtimes.com/DisplayArticleNew.asp?col=&section=business&xfile=data/business/2010/September/business_September255.xml