Monday, June 6, 2011 According to this Agence France-Presse piece, Russia is to "enter the world of Islamic finance." Actually what appears to be happening is that the Republic of Tatarstan, which is a republic within the Russian Federation, will guarantee sukuk bonds for the construction of a new finance center. Sukuk don't pay interest, but rather give the owner a share of the enterprise. Here's what the article says: "Right now Islamic banks cannot work in Russia, because our legislation does not take into account the Koran's restrictions." Islam forbids borrowing or paying with interest, and sukuk (the plural of the Arabic word for a financial deed) are not based on debt like traditional bonds. The first sukuk to be issued in Tatarstan's capital Kazan on June 20 will be going toward financing a major business centre in the city whose construction will cost $200 million. "Sukuk are guaranteed by the Tatarstan government, the operator will be based in Luxembourg, and we know that the international market is ready to buy," Yakupov said.
According to the article, Tatar president Rustam Minikhanov has called bringing Islamic banks to Russia "possible and even necessary." |
Islamic finance coming to Russia?
On the upcoming Turkish elections
Sunday, June 5, 2011 "Don't vote for the best government in 66 years." This is how Taraf newspaper sarcastically sums up the logic of recent editorial in the Economist on the upcoming Turkish elections. Actually, Taraf's headline is (predictably) misleading, since the Economist piece (which can be compared to a similar editorial in the New York Times) doesn't call the AKP government the best in 66 years. But the piece does praise Erdogan and his government: |
Shameless self-promotion: DC events
Sunday, May 8, 2011 |
More thoughts on OBL killing...
Tuesday, May 3, 2011 The WAPO sez: OBL unarmed when shot. In a White House news briefing, press secretary Jay Carney said bin Laden “resisted” when at least one member of the raiding party entered his third-floor room, but he declined to say how the long-hunted al-Qaeda leader had done so. A woman described as one of bin Laden’s wives “rushed the assaulter” and was shot and wounded in the leg, Carney said. Bin Laden was killed with shots to the head and chest, leaving him with gory wounds that have made U.S. officials reluctant to release a photograph of the body, Carney said. In his speech the other night, President Obama said that bin Laden had been "brought to justice." I disagree. Bin Laden wasn't brought to justice, he was shot dead. One can argue that this is what he deserved, but shooting an unarmed person in this way only constitutes bringing someone to justice if you mean cowboy justice, not the sort of justice that is dispensed through a court of law. |
Nothing to celebrate
Monday, May 2, 2011 So the CIA finally managed to kill Osama bin Laden and, predictably, yahoos from across the country are celebrating as if we've won something. Indeed, the fact that thousands of Americans would celebrate the killing of an individual like bin Laden is indicative of the degree to which our country has been weakened over the past ten years.
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Stanford workshop...
Saturday, April 9, 2011 Bay area Borderlanders were treated to a workshop this week at Stanford University entitled "Muslim Identities and Imperial Spaces: Networks, Mobility, and the Geopolitics of Empire and Nation." It was a really enjoyable workshop, and not only because it had the longest title ever. The workshop brought together scholars working on Russia, the Ottoman Empire, and SW Asia to talk about issues cross-secting mobility, human mobility, and transnationalism. On Thursday and Friday we met all day and were treated to presentations from ten scholars coming from as far afield as Pakistan, Holland, Paris, Japan, DC, and other parts of the worldwide borderland community. Since it wasn't a public conference I'm unfortunately not at liberty to print the program of speakers and talks, but for those of us who attended it was a marvelous experience. Stanford was lots of fun as well, and the workshop organizers took care of our every need. Many thanks to all for the good times and stimulating conversations! Here are a couple of shots from my time in Palo Alto. If you're interested in seeing more, check them out on JMB's brand new facebook page. |
Erdogan and Libya
Sunday, March 20, 2011 There's been a fair amount of chatter in the Turkey-related blogosphere lately about Turkish Prime Minister Tayyip Erdogan's allegedly soft line regarding Qaddafi and his reluctance to sign off on force in Libya. Louis Fishman, echoing the sentiments of many people in Turkey, called upon Erdogan to return the "peace prize" (and the money associated with it) that Qaddafi awarded him last year, calling into question Erdogan's integrity in the process. Meanwhile, a couple of days ago in Juan Cole's Informed Comment blog Howard Eissenstat argued that Erdogan is more interested in Turkey's trade and financial dealings with Libya than in the cause of freedom: But as far as the question of intervention is concerned: is it really necessary for Erdogan to be corrupt, or to only be interested in money or trade, in order to oppose NATO (or non-NATO) air strikes on Libya? Is it not possible that there might be other, less nefarious, reasons behind this opposition? Libyan dictator Muammar Qaddafi may well be on his way out--but only if he can take some Jack Daniels with him |
March 14 N & P
İbrahim Tatlises shot by unknown assailant: full JMB coverage here
Monday, March 14, 2011 Ibrahim Tatlises, a Turkish singer of Kurdish descent who has millions of fans in Turkey and around the Middle East, was in critical condition in an Istanbul hospital yesterday after being shot in the head by unknown assailants. |
News & Propaganda: Metro Center Edition
On the upcoming Muslim hearings...
Wednesday, March 9, 2011 I think Ruth Marcus' take on Congressman (NY-R) Peter King's upcoming hearings regarding "The Extent of Radicalization in the American Muslim Community and That Community's Response" is a thoughtful one, but I can't say I agree with it. Marcus writes that, on the one hand, we can't hold an entire community or faith responsible for acts that are carried on in its name, but that on the other hand we can't let political correctness prevent us from asking difficult questions. To ignore the religious nature of the terrorist threat is to succumb to politically correct delusion. To ignore the homegrown religious nature of the terrorist threat is to succumb even further. As Homeland Security Secretary Janet Napolitano testified last month before the House Committee on Homeland Security, "One of the most striking elements of today's threat picture is that plots to attack America increasingly involve American residents and citizens." Napolitano wasn't referring to right-wing militias or lone-wolf crazies. She was talking about "terrorist groups inspired by al-Qaeda ideology." And, she pointed out, "This threat of homegrown violent extremism fundamentally changes who is most often in the best position to spot terrorist activity, investigate and respond." True enough. But there is a difference between investigating political radicalism and investigating an entire community. This difference is spelled out by Congressman Keith Ellison, who is quoted at the end of Marcus' column: |
Special Women's Day N & P
Tuesday, March 8, 2011 |
Turkic Connection Weekend
Monday, February 21, 2011 |
February 1 N & P
Tuesday, February 1, 2011 |
N & P: Jan. 31 edition
Monday, January 31, 2011
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Erdogan's Newsweek editorial & Turkish diplomacy
Thursday, January 20, 2011 |
Washington DC N & P
Wednesday, January 19, 2011 |
Bozeman-DC Trek III
The scenery today, from Davenport, Iowa to Ann Arbor, was not nearly as spectacular as that from the first two days of travel. |
Bozeman-DC Trek II
Tuesday, January 4, 2011 |
Bozeman-DC Trek
Monday, January 3, 2011 |
Turkish FM Davutoglu and the global thinkers club
Tuesday, December 28, 2010 Foreign Policy magazine has named Turkish Foreign Minister Ahmet Davutoglu one of the "top 100 global thinkers" of 2010, whatever that's supposed to mean.
Davutoglu finished #7 on Foreign Policy's list, which would have made him eligible to play in the Bowl Championship Series of global thinkers if only Turkey played in a BCS-eligible conference. |
A very borderlandy Christmas
Monday, December 27, 2010 |
Livaneli's Veda and the Kemalist Dilemma
Wednesday, December 1, 2010 |
Confronting our fears
Monday, October 25, 2010 |
Ending the headscarf ban in Turkey
Wednesday, October 13, 2010 Fighting for their right to cover up: women protesting headscarf ban in Turkey |
My take on the recent referendum in Turkey
Monday, September 13, 2010 |
On Turkey's referendum
Sunday, September 12, 2010 |
Entertainers only
Saturday, September 4, 2010 Jenny White has put up a link to an interesting story re transgender brothels in Istanbul. Originally I was going to just link to Kamil Pasha in the N & P, but I ended up writing so much I decided to make it a separate post.
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