Yes, it's Spam.
I spent a little time looking at the code for the site and there are plenty of javascripts running on that page.
Malicious? Dunno, didn't delve into the scripts themselves.. may just be pushing Islam .. or may be attempting to hack.
Either way I wasn't interested.
McAffee siteadvisor says the site itself is not malicious, just using phishing (nice, eh?)
"One or more URLs in this domain were considered phishing and..."