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The ‘Zombie’ Caliphate: While the World Celebrates the Muslim Brotherhood’s Demise, Its Billion-Dollar Empire Thrives in Plain Sight

Supporters of the Muslim Brotherhood in the Jordanian capital, Amman, chanting pro-Palestinian slogans in April 2018. Photo: Reuters / Muhammad Hamed.

In Washington and Arab capitals, a comforting narrative has taken hold: The Muslim Brotherhood is finished. We are told that the Sisi regime in Egypt has crushed them, that Jordan has shuttered their offices, and that the “Islamist Winter” is finally over. The recent executive order by President Trump to review the group for terror designation is seen as the final nail in the coffin.

But if you look away from the empty political offices and follow the money, you will find a terrifying reality. The Muslim Brotherhood hasn’t gone bankrupt; it has simply gone corporate.

While Western intelligence agencies applaud the closure of dusty headquarters in Amman, they are ignoring the €27 million mega-complexes rising in France, the €4 million real estate fortresses in Berlin, and the terror-linked holding companies trading openly on the Istanbul Stock Exchange. The Brotherhood has transformed from a mass movement into a transnational financial conglomerate — a “Zombie Caliphate” that is legally bulletproof and wealthier than ever.

The Egyptian “Catch-and-Release”

The myth of the Brotherhood’s destruction starts in Egypt. The regime’s “Inventory Committee” boasts of seizing assets worth a staggering 300 billion EGP (approx. $16.7 billion), and liquidating the schools, hospitals, and businesses that formed the movement’s spine.

But the crackdown is porous. In July 2023, an Egyptian court quietly ordered the unfreezing of assets for 146 alleged Brotherhood figures, ruling that the state failed to prove the funds were illicit. This legal “oops” likely allowed millions in liquid capital to flee the country, funneling straight into the offshore networks now appearing in Istanbul and London.

Then there is the case of Safwan Thabet, the tycoon behind Juhayna Food Industries. Arrested for refusing to hand over his empire to the state, he was released in 2023. His survival teaches a harsh lesson: the Brotherhood’s money is so deeply integrated into the legitimate economy that the state cannot tear it out without killing the patient. The “deep state” of Brotherhood finance remains alive, hiding behind the facade of legitimate dairy giants and retail chains.

Turkey: The NATO Safe Haven for Terror Finance

If Egypt is the extraction point, Turkey is the laundromat. Despite President Erdogan’s desperate diplomatic pivot toward Cairo, Istanbul remains the operational heartbeat of this financial insurgency.

Western policymakers need to look closely at the Borsa Istanbul. There, trading openly under the ticker TDGYO, is Trend GYO — a real estate investment trust designated by the US Treasury Department for being 75% owned by Hamas. In a rational world, a NATO member would not host a publicly traded company that funds a designated terror group. In Erdogan’s Turkey, however, Trend GYO continues to develop luxury apartments, such as the recent project in Istanbul’s Alibeyköy district, subcontracting construction to obscure local firms to wash the proceeds.

This is the new model: “Terrorism Inc.” Yemeni billionaire Hamid al-Ahmar, operating freely from Istanbul, chairs Investrade Portfoy, an investment firm that commingles legitimate business with funds allegedly destined for Hamas. Meanwhile, the Brotherhood’s elite send their children to Al-Nahda International Schools in Istanbul — private institutions run by exiled cadres that ensure the next generation is indoctrinated in the ideology of the “Group” while generating tuition revenue.

Europe: The “Concrete” Fortress

As the environment in the Middle East becomes hostile, the Brotherhood has executed a strategic pivot to Europe, replacing “liquid” assets (cash) with “fixed” assets (real estate) protected by Western property laws.

In Austria, the failure of “Operation Luxor” serves as a cautionary tale. In 2020, police raided 60 Brotherhood-linked sites. The result? Zero terrorism convictions. Courts declared the raids unlawful. The Brotherhood didn’t just survive; they lawyered up and won, proving that without a specific designation, European criminal law cannot work against them.

In Germany, the UK-based Europe Trust purchased a massive property in Berlin’s Wedding district for €4 million. This isn’t just a building; it is a command center for the Deutsche Muslimische Gemeinschaft (DMG), insulated from German intelligence by British corporate deeds.

In France, the situation is even more brazen. The Al-Noor Center in Mulhouse — a massive complex featuring a mosque, school, and swimming pool — was built at a cost of €27 million. Intelligence links it to Qatar Charity’s “Ghaith Initiative,” which has poured over €120 million into 140 such projects across Europe. These are not community centers; they are forward operating bases for a parallel society, subsidized by Doha and protected by European property rights.

The West is fighting a 21st-century financial empire with 20th-century police tactics. We raid homes in Vienna while they move crypto in Istanbul. We seize crumbling offices in Jordan while they buy prime real estate in Berlin.

The Muslim Brotherhood is not dead. It is alive, well, and trading on the Istanbul Stock Exchange. Until the US and its allies target the enablers — the Turkish banks clearing Trend GYO transactions, the Qatari transfers to Mulhouse, and the shell companies in London — we are merely cutting the grass while the roots grow deeper.

Amine Ayoub, a fellow at the Middle East Forum, is a policy analyst and writer based in Morocco. Follow him on X: @amineayoubx

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Iran’s regime is obsessed with Jeffrey Epstein

In the hours leading up to the recent ceasefire between the U.S. and Iran, pro-regime AI-generated videos flooded social media. In one widely circulated clip, a Lego version of Donald Trump is shown desperately pleading with Iran for a ceasefire. The response comes in the form of a ballistic missile with the words “in memory of the victims of Epstein’s Island” written on it, hurling toward U.S. allies in the region.

Another video shows a terrified Trump in bed with young girls, having a nightmare of an Iranian missile barrage before waking and agreeing to ceasefire terms while eating a taco — a reference to the acronym “TACO” (“Trump Always Chickens Out”).

These videos are just some of the dozens released by media organizations affiliated with the Iranian regime that invoke pedophile sex abuser Jeffrey Epstein in its anti-Western propaganda.

“The IRGC is very happy to use him in every venue they have—in media, newspapers, speeches,” said Saeid Golkar, an Iranian-born expert on the Iran regime’s propaganda, using the acronym for the Islamic Revolutionary Guard Corps. “Everything they are talking about, especially right now, goes back to the corruption of the West and Epstein.”

Golkar, who grew up exposed to regime messaging, said the fixation on Epstein reflects a broader ideological goal: convincing Iranians that the West is a place of moral decay.

“From the beginning, one of the pillars of the Islamic Republic’s ideology was anti-Westernism and portraying the West as a corrupt place,” he said. “There is no respect for families or values … no limitation for sexual interaction. I remember the phrase ‘living like pigs’ — that they are living together like animals. That was a big concept.”

Golkar says the Epstein files released by the U.S. Department of Justice earlier this year have been a “gift” to the regime, offering a concrete example of the Western immorality it hopes to present to its people. When Iranians express a desire for a “normal life” without Sharia law or morality police, the regime invokes Epstein.

“They say, ‘You don’t want a normal life — you want a corrupted life…. These people don’t care about your freedom. They are a group of pedophiles.’” This, despite the fact that girls can be legally married in Iran at the age of 13, and even younger with the approval of a male guardian and judge.

The Baal game

One of the most prominent features of pro-regime rallies in Iran is the burning of Baal statues. The figure of Baal — meaning “lord” in ancient Semitic languages — is referenced in the Old Testament as a rival to the God of the Israelites. Historically, Baal was a fertility deity associated with rain and agricultural prosperity. Later interpretations and conspiracy theorists came to portray the worship of Baal as tied to sexual deviance and child sacrifice.

A popular online conspiracy theory ties Jeffrey Epstein and his co-conspirators to Baal, pointing to a viral document from the Epstein files that appears to show bank transfer details with the name “Baal.name” listed where a financial institution would typically appear. They interpret this as evidence that Epstein maintained an account connected to the deity, suggesting he may have worshiped Baal or been involved in ritual abuse. Popular right-wing influencer Candace Owens weighed in with a video titled, “BAAL SO HARD: The Epstein Files,” where she referred to Jews as “pagan gypsies.” It has almost 3 million views.

Fact-checkers have disputed the interpretation of the bank document, noting that “Baal.name” is likely a misreading or formatting artifact of “Bank Name,” and that the actual account name — Clearlake Centre, LLC — is clearly identified elsewhere in the record.

On numerous occasions, the Iranian regime has staged the burning of Baal statues in major cities during pro-regime rallies, sometimes even coordinating multiple burnings across the country. Mehr News Agency, a state-owned Iranian news network, reported on one such rally in early February, writing: “Participants set fire to the symbolic Baal idol, describing the act as a representation of condemnation over crimes linked to Jeffrey Epstein’s island, where children were abused.”

These events are often accompanied by chants of “Death to America,” “Death to Israel,” or “God is Great.” In some cases, the statues have been marked with a painted Star of David.

The Baal figure has also appeared in many of the AI-generated videos circulating online amidst the war. In one, created by pro-regime media organization Explosive Media, Lego versions of a drunken Pete Hegseth and Trump are paired with a rap track: “We hitting the Baal-worshipping Epstein Island crew, the ones who hurt the kids. Revenge for every American soul you and Trump’s dirty crew oppressed and did. We taking payback for the girls you broke.”

Though Explosive Media claims it is not directly affiliated with the Iranian government, Golkar said he has seen evidence suggesting it operates as part of the IRGC’s media apparatus. The regime has also acknowledged granting tiered internet access to select individuals tasked with amplifying official messaging. In early March, government spokesperson Fatemeh Mohajerani said full internet access had been given to those “who can carry the voice of the government further.” Explosive Media, which says it has 2.5 million followers across Iranian messaging platforms, has cited its status as a media organization to explain its continued access. This has prompted experts like Moustafa Ayad, a researcher with the Institute of Strategic Dialogue, to raise questions about how closely it is connected with the state.

Another video, played on Iranian state TV, depicts figures the regime frames as victims of the West — a Native American man, a Gazan child, an Epstein victim, and former Iranian general Qassem Soleimani, who was killed in a US strike in 2019 — gazing skyward as an Iranian missile strikes the Statue of Liberty. In this version, the statue is reimagined as Baal holding a Talmud. Upon impact, both sink into the Hudson River.

TEHRAN, IRAN – MARCH 17: A huge art work banner newly posted on the corner of Vali Asr Square depicts Iranian missiles with messages addressing Minab schoolgirls and victims of Epstein Island on March 17, 2026 in Tehran, Iran. Photo by Kaveh Kazemi/Getty Images

The Epstein fixation extends beyond rallies and social media. Golkar said Epstein is frequently referenced in official Basij (a plainclothes paramilitary volunteer militia in Iran)  and IRGC materials, as well as in speeches by Iranian officials. Just two days before his assassination, Ali Larijani, Iran’s top security official, posted on X, “It has been reported that what remains of Epstein’s network is working to prepare a conspiracy aimed at fabricating an incident similar to the September 11 attacks, in preparation for accusing Iran of being behind it.”

In another post in response to U.S. Defense Secretary Pete Hegseth, Laranjani posted on X, “Mr. Hegseth! Our leaders have been, and still are, among the people. But your leaders? On Epstein’s island!”

The Epstein War? 

These propaganda videos are largely made in English. With Iran still in a media blackout, the Iranian people may not be their intended audience.

Shaping global perception through media is a key part of the Iranian war strategy. In a meeting with a group of Iranian poets in 2024, Ayatollah Khamenei, who was assassinated on the first day of the war, stated, “All war is a media war. Whichever actor has greater media influence will achieve their goals.”

The IRGC has spent years building a media apparatus designed to do just that. IRGC-affiliated production studios, media-focused university programs, and cultural centers are dedicated to training and refining propaganda content. Iran also outsources some of its media production to countries more attuned to Western cultural cues, particularly Pakistan.

A key element of the regime’s narrative is the claim that the Trump administration initiated the war to distract from the Epstein files. This theory has also circulated on both the left and the right in the United States.

In Washington D.C., posters cover the streets referring to the War in Iran, formally titled Operation Epic Fury, as Operation Epstein Fury.

U.S. Republican Rep. Thomas Massie of Kentucky posted on X shortly after the war began, garnering over 250 thousand likes, “Bombing a country on the other side of the globe won’t make the Epstein files go away, any more than the Dow going above 50,000 will.”

The popular podcaster Joe Rogan espoused the theory on a recent episode, stating, “Look, the Epstein files comes out — we go to war with Iran. It’s a good way to get people to stop talking about certain things.”

The post Iran’s regime is obsessed with Jeffrey Epstein appeared first on The Forward.

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Dan Bilzerian wants to ‘kill Israelis’ and thinks Judaism is ‘terrible.’ Now he’s running for Congress.

(JTA) — Dan Bilzerian, the mega-influencer who’s spread conspiracy theories about Jews and said he wants to “kill Israelis,” is running for Congress.

Bilzerian registered this week to run in the Republican primary against the Jewish far-right firebrand Rep. Randy Fine in Florida’s sixth district. Bilzerian initially gained fame for his Instagram photos alongside bikini-clad women but has since become a vocal critic of Israel and Jews — and has repeatedly called Fine a “fat Jew” in the lead-up to his campaign launch.

In a TMZ interview after Bilzerian announced his candidacy, the outlet’s Jewish founder, Harvey Levin, questioned the influencer on whether his use of the phrase “fat Jew” was antisemitic.

“[Fine] literally talks about how Muslims are lower than dogs, so, is that Islamophobic?” Bilzerian shot back. Fine drew bipartisan criticism for his comments earlier this year.

“Yes,” TMZ’s Levin and Charles Latibeaudiere responded. (Bilzerian added that Fine “tweets that, and he’s a senator,” though Fine is actually a member of the U.S. House of Representatives who was formerly a state senator.)

Bilzerian responded to a follow-up question by denying that he’s antisemitic — and questioning the term “antisemitism” altogether, saying it’s been “hijacked to only talk about Jews.”

“No, I’m not antisemitic. I think that that’s kind of a made-up term, I think the Palestinians are the real Semites,” Bilzerian said.

“Was Hitler antisemitic?” Levin asked.

Bilzerian did not say.

“Like I said, the term is focused solely on Jews, but actual Semites are the Arabs,” he answered. “And Palestinians are Semites as well. They actually have more DNA lineage to that region than any of the Eastern European Ashkenazi Jews that have taken it from them.”

The comments were nothing new for Bilzerian, who has 30 million followers on Instagram and 2 million on X. He regularly tweets opinions like “Jewish supremacy is the greatest threat to the world today,” questions the accuracy of the statistic that 6 million Jews died in the Holocaust, and reposts clips of avowed antisemite Nick Fuentes.

But now, Bilzerian’s foray into electoral politics could serve as a test of the popularity of an emerging, anti-Israel faction within the Republican party headlined by figures like Tucker Carlson and Fuentes, who’ve espoused conspiracy theories about Jews.

Those figures’ opposition to the war in Iran have sped up their dissent from President Donald Trump. During the TMZ interview, Bilzerian said Fine should be tried for treason for putting “Israel before America,” and also criticized Trump for being “Israel first.” He has tweeted that Trump “needs to be impeached.”

(Ironically, Fine introduced a bill that would ban dual citizens from serving in Congress, and Bilzerian is a dual American-Armenian citizen.)

Bilzerian is not the only anti-Israel Republican challenger to Fine, a staunch Israel supporter who’s been backed by AIPAC and the Republican Jewish Coalition.

“I appreciate @DanBilzerian‘s zeal to take @RepFine out of Congress. I’ve been working tirelessly for one year on the same goal,” wrote Aaron Baker, who’s been endorsed by the Anti-Zionist America PAC. “I would however also appreciate if Dan ran for FL-16 much closer to where he grew up. Make @AIPAC spend $ defending more seats. Divide and conquer.” FL-16’s current representative, Vern Buchanan, was endorsed by AIPAC in 2024.

But Bilzerian, with his 29.6 million followers on Instagram and 2.1 million on X, brings a larger national audience to the congressional primary.

“I’d never heard of this guy before, until a couple of days ago, but having watched your interview, it’s clear that he simply doesn’t like Jews. In America you’re allowed to do that,” Fine said on a TMZ appearance following Bilzerian’s. But, he continued, “I don’t think it’s going to work out to become a congressman, having that perspective.”

Bilzerian gained many of his followers when he was the “king of Instagram,” posting photos of himself surrounded by scantily clad women, sports cars and with large guns. In June 2015, Bilzerian said he would be running for president, though by December he’d gotten behind the candidacy of Trump.

Before that, he’d served four years in the U.S. Navy starting in 1999, and dropped out of the University of Florida to play professional poker. His father, Paul Bilzerian, is a businessman who, as a corporate takeover specialist, was sentenced to four years in prison for federal crimes including fraud and criminal conspiracy.

In the months after Hamas’ Oct. 7 attack and the ensuing war in Gaza, Bilzerian’s social media presence began taking its current shape of focusing predominantly on Israel and, eventually, Jews.

“Do you think the Israeli attacks on Gaza are justified or f–ked up?” Bilzerian asked his followers on Nov. 6, 2023. By 2024, the occasional surveys he took of his followers became pointedly focused on Jews.

“Who causes the majority of the worlds problems,” he asked, with users overwhelmingly voting for the multiple-choice option “16 million Jews.”

In January 2025, Bilzerian asked his followers whether Hitler was a “good person,” a “terrible person,” or if they didn’t know. A third of the 178,000 voters said Hitler was a “good person,” and another 23% said they didn’t know.

Bilzerian laid out his views on Jewish people in a 2024 interview with conservative commentator Patrick Bet-David, during which he said Jews “knew about 9/11” and “had JFK assassinated.”

Later that year, conservative media personality Piers Morgan asked Bilzerian how many Jews he believed died in the Holocaust.

“I don’t know, but I would bet my entire net worth that it was under 6 million,” Bilzerian said.

According to FEC filings, Bilzerian’s campaign treasurer is Patrick Krason. Krason was also the treasurer for the short-lived presidential campaign of Ye, formerly known as Kanye West, another public figure who’s spread conspiracy theories about Jews.

Bilzerian has promoted the “Great Replacement” conspiracy theory, claiming that Jews control the media and are using that position to push an “anti-white agenda” and replace whites with non-white immigrants.

“It started with the jewish owned news stations telling us ‘white supremacy is the greatest threat to America,’” Bilzerian wrote last year. “Whites were replaced in movies & streaming networks. Then the Jewish exec run Blackrock forced DEI on all major corps.”

Bilzerian often cites passages from the Talmud to make claims about Jewish beliefs, such as that Jews approve of stealing and raping as long as the crimes are committed against non-Jews. Other figures like Candace Owens have similarly taken passages from the Talmud, but rabbis have criticized those figures for using quotes that are mistranslated and often taken out of context from the text, which includes centuries of rabbinic debates and is not a formal code of laws.

During a stream with the influencer Sneako, who has also spread antisemitic conspiracy theories, Bilzerian said he supports “exterminating Israel” and that he “would sign up tomorrow and go f—king put boots on the ground and go f—king kill Israelis.”

“Give me a rifle and send me the f–k over there,” he said, adding, “I truly believe that the majority of that country is evil.”

On Morgan’s show, Bilzerian said Judaism innately promotes “Jewish supremacy,” and pointed to the State of Israel as being the result of that ideology.

“Israel is a manifestation of that religion,” he said. “And I think that religion is terrible.”

This article originally appeared on JTA.org.

The post Dan Bilzerian wants to ‘kill Israelis’ and thinks Judaism is ‘terrible.’ Now he’s running for Congress. appeared first on The Forward.

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After AIPAC-backed primary loss, Tom Malinowski endorses rival who says Israel committed genocide

(JTA) — After Tom Malinowski narrowly lost a primary in which AIPAC spent $2.3 million against him, critics said AIPAC’s plan backfired as it had inadvertently boosted a candidate farther from its pro-Israel agenda.

Now, Malinowski has thrown his support behind that victor, the Bernie Sanders-backed progressive Analilia Mejia.

“A couple of months ago, Analilia and I were rivals for the Democratic nomination,” Malinowski said in a video posted on Thursday afternoon. “Together, we are here united as Democrats in common cause.”

The video, which featured a friendly Malinowski and Mejia seated next to each other, was released ahead of her special election next week, and emphasized the need for Democrats to “take back the House.” Neither politician mentioned Israel or AIPAC in the video, though both politicians slammed the lobbying group following their tight primary race.

After Mejia’s victory back in February, AIPAC brushed off criticism that its attack ads against Malinowski — who describes himself as “pro-Israel” but crossed the group’s red line of supporting conditions on military aid — inadvertently contributed to Mejia’s win. Mejia has been harsher in her criticism of Israel and, unlike Malinowski, refers to its war in Gaza as a “genocide.”

But Mejia, an AIPAC spokesperson said, was only nominated for a special election that would fill the seat vacated by Gov. Mikie Sherrill through the end of 2026.

“The real race for the full congressional term is in the June primary, and we’re going to take a close look at that,” said Patrick Dorton, spokesperson for AIPAC’s super PAC, the United Democracy Project.

But if AIPAC had its sights set on supplanting Mejia come June, those plans may have been complicated by her newfound support from Malinowski, a popular politician in New Jersey’s 11th Congressional District.

Meanwhile, on Friday morning, Mejia was endorsed by J Street, the liberal pro-Israel group that supports a growing number of candidates who back conditions on military aid to Israel. J Street’s president, Jeremy Ben-Ami, blasted AIPAC in a Substack column following the February primary. He also wrote positively about Malinowski, but did not mention Mejia in the column.

“I look forward to working in partnership in our shared commitment against antisemitism, bigotry and hate,” Mejia wrote, accepting J Street’s endorsement.

On Tuesday, Mejia appeared at Temple Ner Tamid, a Reform synagogue in Bloomfield, New Jersey, for a conversation with its rabbi about issues of Jewish concern including Israel and synagogue security. (Joe Hathaway, the Republican nominee, joined the congregation for a conversation the night before.)

“I’m running for congress to give every person in NJ-11 a voice – that’s why I’m committed to listening to folks from every corner of our community,” Mejia wrote after the event.

This article originally appeared on JTA.org.

The post After AIPAC-backed primary loss, Tom Malinowski endorses rival who says Israel committed genocide appeared first on The Forward.

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