Word: kanafani
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...eager to capitalize on this lucrative market. While Bahrain's Noriba is operating exclusively under Shari'a principles, several others - HSBC, Citibank, Commerzbank and BNP Paribas - provide Shari'a-compliant services along with conventional ones. UBS won't disclose its projected future profits in Bahrain. But Noriba ceo Toufic Kanafani says, "If we didn't see the potential for Islamic banking, we wouldn't have opened this bank. The demand for competent Shari'a products and services is growing continually." Until the 1970s, banking in the Islamic world was largely confined to the informal hawala system, under which money...
...came after Arafat refused to meet with Ross out of a growing frustration that the U.S. envoy was not taking an active enough role in talks. Palestinian negotiators have in fact for weeks been pushing President Clinton to dump Ross. "Palestinian officials . . . don't trust him," Arafat spokesman Marwan Kanafani told TIME last week. Palestinians say Ross has not pressed Netanyahu's government hard enough on the issue of new Israeli construction in the West Bank. Although the U.S. has strongly criticized Israeli building projects in the West Bank and Gaza Strip, the Clinton Administration has so far appeared unwilling...
...when they are killed or captured. This of course may well be a self-serving defensive explanation to avoid Israeli retribution. Since they began to brag about operations against Israel, leaders of the rival Popular Front for the Liberation of Palestine have fallen victim to mysterious attacks. One, Ghassan Kanafani, was blown to bits along with his niece, in Beirut in July, as he started his car. Israeli agents are suspected of planting the explosive...
Acre-born Novelist Kanafani (Men in the Sun, That Which Remains for You), an exile from his homeland since 1948, was an ideologist and spokesman for the Marxist Popular Front for the Liberation of Palestine. He was also editor of the organization's Beirut weekly, Al Hadaf (The Aim). It was Kanafani's office which in May dispassionately bragged of the P.F.L.P.'s role in the Lod Airport massacre for which Japanese Terrorist Kozo Okamoto was on trial (see preceding story). Kanafani's funeral last week produced the largest display of fedayeen strength and support seen...
Eulogists promised "the strongest and most cruel" retaliation for Kanafani's assassination. Expectedly, they put the blame on Israel, where some Knesset members had called for individual reprisals for the Lod attack; indeed some Israeli politicians had singled out Kanafani by name. One day after his funeral a bomb exploded in a lavatory at Tel Aviv's busy central bus terminal. There were no deaths but eleven people were injured; Israeli police arrested several Arabs as suspects and repulsed an angry crowd that tried to manhandle them...