An Islamic bank is the majority owner of the Caribou Coffee chain: true!
An Islamic bank is the majority owner of the Caribou Coffee chain: true! - This actually kind of makes sense, this Islam bank has about an 88% stake in the company… and it makes sense, because Wikipedia tells me that coffee became popular in Islamic countries with the ban of alcohol by the Shari’ah.
Lest you get the wrong idea, an important note:
In July 2002, the First Islamic Investment Bank announced that they had severed all ties with Dr. Al-Qaradawi, so the issue is now moot. First Islamic also hired Washington, D.C., law firm Gibson, Dunn & Crutcher to review its charitable donations, and they have certified that no charitable contributions from Caribou’s coffers go to groups banned under U.S. law.
That is to say, I link to this purely for the sake of trivia. It’s a rather interesting commentary on our globalization.