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Saudi charity funding down by 40pc on 'terror' fear
 Saudi funding to charities has fallen by 40 percent after the September 11 attacks as Muslims fear falling foul of strict US efforts to monitor terror funding, the head of a leading Saudi charity said this week. Saleh Wohaibi, secretary-general of the Saudi-based World Assembly of Muslim Youth (WAMY), said total funds collected in the oil-exporting Gulf region do not exceed $1 billion a year. He said this was miniscule compared to annual US charity spending and the wealth of the oil and gas-producing region. If you take WAMY, the reduction goes up to 40 percent, if you compare 2001 and 2003-04, he said in an interview. Plenty of money for the Widows Ammunition Fund, however. Posted by: Fred 2006-12-03 |
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