Example: [Collected on the Internet, 2002]
As you will see from the links below, Caribou Coffee is owned 87.8% by the First Islamic Investment Bank which, among other things has the following philosophy: "Above all, ensuring that all activities conform to Islamic Shari'ah" The chairman of their Shari'ah supervisory board is:
Dr. Yusuf Abdullah Al-Qaradawi
Chairman, Seerah & Sunnah Center, Qatar University;
Professor, Faculty of Shari'ah, Qatar University.
As you will see from the links below he is also on the supervisory board of "Union for Good," which is a charitable organization to support Palestinians. Nothing wrong with a charity to help Palestinians, but here is a quote from the Union for Good web site:
"The Al-Aqsa Intifada is the latest of a long line of affliction faced by the people of Palestine. Its ancestry dates back to the massacre of innocent men, women and children in villages such as Deir Yaseen and the illegal occupation of Palestine in 1948."
You get the picture. Starbucks here I come!!!
Origins: In 1992, newlyweds John and Kim Puckett, both recent MBA recipients, developed a vision for a gourmet coffee company while "hoofing around Alaska's Denali Park." Pursuing that vision, they raised the capital to open the first Caribou Coffee shops in Minneapolis, Minnesota, in 1993. (If you're wondering why anyone would challenge the now-giant Starbucks in this line of business, note that at the start of 1992 the Starbucks chain had a mere
Unfortunately, the new venture was plagued by problems nearly from the start, and by 1996 Caribou board members were expressing concern about the company's operating problems. In 1997, Jay Willoughby, an operations expert from Pepsico, was brought into the fold; although the chain opened nearly
Should any of this be a cause of concern to coffee lovers, especially since Caribou Coffee is second only to Seattle-based Starbucks (albeit a distant second, with a couple of hundred stores to Starbucks' 4,700) as the USA's largest chain of non-franchised specialty coffeehouses?
The impression many people are taking from the message quoted above is: "Oh, no; Caribou is owned by Islamic militants, the same people who are trying to kill us!" That isn't what the message claims, however. The protest was that the chairman of the First Islamic Investment Bank's supervisory board (which advises First Islamic on issues of Islamic law regarding its investments) was also on the supervisory board of the Union for Good, a coalition of charities (such as the London-based Interpal) providing various means of relief to Palestinians. The message notes that there is "nothing wrong with a charity to help Palestinians" but then suggests Caribou Coffee should be shunned because of two sentences from the introductory paragraph on the Union for Good's English-language web site:
Moreover, the blockade has a crippling effect on the labour force resulting in the loss of the livelihood of hundreds of thousands of Palestinian workers. This can only be termed a human catastrophe. Not only that, an economic disaster, a state of famine, the paralysis of all national institutions and public services, the destruction of the education system and a deterioration of the health situation are the natural outcomes.
In the light of what is mentioned above a group of international charities have collaborated in launching a human relief campaign to expand the circle of support to avert the threat and danger posed by the occupying forces. The aim is also to raise public awareness of the real tragedy of the current situation and to endeavour to ease the effects of the unjust and discriminatory sanction imposed on the Palestinian people in the Gaza Strip and the West Bank.
This is done in solidarity with our Palestinian brothers and sisters in support of their steadfastness in what is called the I’tilafu
All the participating charitable organisations have agreed to form the Coalition of Charities which will
However, Dr. Al-Qaradawi "has certainly said he does not think acts of violence against Israeli citizens is terrorism," and he is noted for his virulently anti-American stance and other viewpoints that many westerners find abhorrent:
In July 2002, the First Islamic Investment Bank announced that they had severed all ties with
Last updated: 17 November 2006
1. Burns, John F. "Bin Laden Stirs Struggle on Meaning of Jihad." The New York Times. 27 January 2002. St. Anthony, Neal. "Venture Firm Buys Caribou." [Minneapolis] Star-Tribune. 9 December 2000 (p. D1). 2. Tevlin, Jon. "Caribou Severs Ties with Islamic Adviser." [Minneapolis] Star-Tribune. 4 July 2002 (p. B1). Agence France-Presse. "Islamic Bank in 80 Million Dollar Bid for U.S. Coffee Firm." 11 December 2000. Associated Press. "Unable to Get a Venture Capital Refill, Caribou Coffee Sells Out." 9 December 2000. Dow Jones News Service. "Cairbou Coffee Sweetens Its Pot with Mideast Refinancing." 13 December 2000. Khaleej Times. "First Islamic Makes $80M Bid for US Firm." 12 December 2000.