The North American Islamic Trust (NAIT) is a Saudi-backed organization based in Plainfield, Indiana, that owns Islamic properties and promotes waqf (Islamic endowments) in North America. It is the financial arm of the Muslim Students Association.
NAIT finances and holds titles to mosques, Islamic schools, and other real estate to safeguard and pool the assets of the American Muslim community, develops financial vehicles and financial products that are compatible with both Shari'ah and American law, publishes and distributes Islamic literature, provides legal advice to Muslim organizations, and facilitates and coordinates Islamic community projects.
In 2007, NAIT was named as an unindicted co-conspirator in the Holy Land Foundation terrorist trial, as was board member Jamal Said.
Read more about North American Islamic Trust: Background, Islamic Literature, Wahhabism, Links To Terrorism
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