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AGA KHAN'S DEALINGS STIR QUESTIONS OF FINANCIAL TRANSPERENCY</I> - 2005-11-23

Date: 
Wednesday, 2005, November 23
Location: 

Born in Geneva to an English mother and half-Indian, half- Italian father, the Aga Khan claims descent from Fatima, the daughter of Islam's prophet Muhammad, via the Fatimid rulers, who founded Cairo in 969 A.D. They later transferred to Syria and Iran, where they were known and feared by medieval European crusaders as the Assassins.

person_place_reference: 
H.H. Prince Karim Aga Khan IV


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Aga Khan's Dealings Stir Questions of Financial Transparency - AGA KHAN'S DEALINGS STIR QUESTIONS OF FINANCIAL TRANSPERENCY - 2005-11-23

Source: 
quote.bloomberg.com

As 50,000 followers watched, Sultan Mohamed Shah Aga Khan III, wearing a silk coat and blue turban, hefted his 243.5 pounds onto a brocade chair connected to a scale loaded with diamonds. The event in India in 1946 was to mark the 60th anniversary of his role as spiritual leader of the Ismaili Muslims and to raise cash from his followers.
Shah's grandson and successor, His Highness Prince Karim Aga Khan IV, still collects cash from his followers, who typically tithe 12.5 percent of their income to the Imam. He has chosen a quieter approach than his ancestor.

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