I never saw anything racist about Little Black Sambo. The crafty Indian hero of the story makes the tigers run in circles until they turn into butter, and then puts it on a pile of pancakes.
But maybe I am plain blind, because I also cannot see how The Three Little Pigs could be offensive to Moslems (although I know they don't eat pigs, but what does that have to do with anything?). Since "some" Moslems do not care for dogs, monkeys, Jews, Christians, Buddhists, alcohol, theater, T&A, and many other good things, perhaps it might be safer just to go the whole hog and ban books and TV if one is afraid of getting bombed or beheaded.
Funniest of all is the worry about offending the "building trades." That's a joke, right?
Well, as I always say, this insanity on the part of "Government Agency" pussies offends the hell out of me.