Sharia creep 31

 Winds of Jihad explains how ‘sharia-compliant banking’ funds terrorism:  

Terror Financing Mechanism: SCF (Sharia Compliant Banks) as monitored by paid Shariah law advisors to U.S. banking institutions must “purify” certain return on investment(ROI) dollars that do not meet Shariah law standards. This money must be donated to Islamic charities – including some that promote Jihad and support suicide bombing. Investment disclosures state that these sums can be as high as 6% of profits of investments. With $800 billion already in SCF assets, the potential for billions of dollars to be siphoned off for terrorism is real. This would be a serious criminal violation of U.S. law.”

Shariah law authorities, some of whom are now being paid handsomely by Barclays, Dow Jones, Standard & Poors, HSBC, Citibank, Merrill Lynch, Deutschebank, Goldman Sachs, Morgan Stanley, UBS, Credit Suisse and others, have the power to dictate Shariah compliance as deemed by “scholarly consensus” on matters of finance, family, penal law, apostasy, and war.

U.S. investment banks are essentially being money managers for regimes who want to build building nuclear weapons and those providing terrorists with weaponry used for killing American soldiers. The Taliban is reported in the news to be on the rise in Pakistan, funded by Shariah investment profits and embedded donations to “Shariah Islamic Charities.” As these regimes gain legitimacy in our banking system and their net worth increases, the network of extremism and terrorism grows. One sad example from the past: September 11th attacks were funded by Shariah Banks which provided profits to Al-Qaeda. Evidence of this was presented in a court in Philadelphia, Pennsylvania on behalf of Cantor Fitzgerald, Ace, Allstate, Chubb and other life insurance companies, which paid insurance benefits to over 3000 widows, widowers or surviving family members.

Shariah Law is being forced upon and/or tolerated in Europe at a rapid pace, especially in Great Britain. The correlation between Shariah expansion with Shariah Finance is clear: Shariah Finance has strong market share and acceptance in Great Britain, and now the British are dealing with serious issues of whether or not to accept Shariah Law over British Law. The consequences will be the same in America if we don’t stand guard to prevent Shariah financing from expanding and American banks from accepting Muslim standards in order to become Shariah compliant.  

Posted under Uncategorized by Jillian Becker on Thursday, July 31, 2008

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