Next Battle -Stop Creeping Sharia-Sharia Finance
Creeping Shariah is taking over our financial institutions. To attract investment from petro-dollars many of our big commercial banks have begun to create products that are “Shariah-Compliant.” In doing so these institutions are exposing themselves to major legal problems. The Shariah advisors — Islamist scholars who adhere to the most fundamentalist traditions and interpretations of their faith — enable Shariah-Compliant Finance. Incredible as it may seem, leading Shariah authorities like Mufti Usmani, for example, employed by Dow Jones and HSBC SCF funds, have called for violent jihad against the West. Usmani has even published a book in English explaining how and why this is obligatory for all Shariah-faithful Muslims. It other words it artificially moves our economy behind goods and services that are in sync with Islamic Law. No investing in Petco type of thing, because it has products for the evil dog.
There is only one thing worse than banking getting involved with Sharia finance, is the US Government getting involved with Sharia finance, well that is beginning to happen, see below: