ISMAILIS:
a dynamic and essentially LIBERAL SECTARIAN ISLAMIC movement developing from
the SHI'A which teaches that the QUR'N has an internal as well as external
meaning. They claim to derive their teachings from a hidden source which must receive
absolute obedience. There are various grades of members and associates who received
teaching only according to their capacity. The lowest grades receive external instruction
in keeping with normal Islamic practice, other grades develop to more ESOTERIC teaching.
Their leader claims descent from MUHAMMAD and is known as the AGA KHAN. In recent times
the movement has proved to be highly adaptable MODERNIZING its ancient beliefs and
adapting to modern society.