"The Assembly urges member States to… put an end to any foreign funding of Islam which is used for the purpose of national political expansion into other States under the guise of Islam," the report, dubbed "Regulating foreign funding of Islam in Europe to prevent radicalization and Islamophobia," read.
The report stipulated that while the ban on all foreign funding would be "arguably unreasonable and not necessary in a democratic society," it was essential to increase transparency by presenting annual financial reports that would give insight into the origin of any foreign funding and its use.
PACE went on to recommend "treating all religions on an equal footing."
"The Assembly encourages member States to introduce courses that promote an enlightened Islam, calls on them to devote substantial means to this, which also meet the needs of the religious communities, and supports initiatives to set up European faculties of theology open to Islam," the report read.
Over the past few years, Europe has been facing a large influx of migrants fleeing conflicts in their home countries, particularly those that are predominantly Muslim. According to a report by the US Pew Research Center, released in November 2017, Muslims should account for at least 18 percent of the combined population of Germany, France, Austria and Belgium by 2050.