Thanks to friends Roberta and Betty for pointing me to the below.
The Jihad Candidate, by Rich Carroll
Conspiracy theories make for interesting novels when the storyline is not so absurd that it can grasp our attention. 'The Manchurian Candidate' and 'Seven Days in May' are examples of plausible chains of events that captures the reader's imagination at best-seller level. 'What if' has always been the solid grist of fiction.
Get yourself something cool to drink, find a relaxing position, but before you continue, visualize the television photos of two jet airliners smashing into the Twin Towers in lower Manhattan and remind yourself this cowardly act of Muslim terror was planned for eight years.
How long did it take Islam and their oil money to find a candidate for President of the United States? As long as it took them to place a Senator from Illinois and Minnesota? The same amount of time to create a large Muslim enclave in Detroit? The time it took them to build over 2,000 mosques in America? The same amount of time required to place radical Wahabbist clerics in our military and prisons as 'chaplains'?
Find a candidate who can get away with lying about their father being a 'freedom fighter' when he was actually part of the most corrupt and violent government in Kenya's history. Find a candidate with close ties to The Nation of Islam and the violent Muslim overthrow in Africa, a candidate who is educated among white infidel Americans but hides his bitterness and anger behind a superficial toothy smile. Find a candidate who changes his American name of Barry to the Muslim name of Barack Hussein Obama, and dares anyone to question his true ties under the banner of 'racism'. Nurture this candidate in an atmosphere of anti-white American teaching and surround him with Islamic teachers. Provide him with a bitter, racist, anti-white, anti-American wife, and supply him with Muslim Middle East connections and Islamic monies. Allow him to be clever enough to get away with his anti-white rhetoric and proclaim he will give $834 billion taxpayer dollars to the Muslim controlled United Nations for use in Africa.
Install your candidate in an atmosphere of deception, because questioning him on any issue involving Africa or Islam would be seen as 'bigoted racism'; two words too powerful to allow the citizenry to be informed of facts. Allow your candidate to employ several black racist Nation of Islam Louis Farrakhan followers as members of his Illinois Senatorial and campaign staffs.
Where is the bloodhound American 'free press' who doggedly overturned every stone in the Watergate case? Where are our nation's reporters that have placed every Presidential candidate under the microscope of detailed scrutiny; the same press who pursue Bush's 'Skull and Bones' club or ran other candidates off with persistent detective and research work? Why haven't 'newsmen' pursued the 65 blatant lies told by this candidate during the Presidential primaries? Where are the stories about this candidate's cousin and the Muslim butchery in Africa? Since when did our national press corps become weak, timid, and silent? Why haven't they regaled us with the long list of socialists and communists who have surrounded this 'out of nowhere' Democrat candidate or the fact that his church re-printed the Hamas Manifesto in their bulletin, and that his 'close pastor friend and mentor' met with Middle East terrorist Muammar Qaddafi, (Guide of the First of September Great Revolution of the Socialist People's Libyan Arab Jamahiriya)? Why isn't the American press telling us this candidate is supported by every Muslim organization in the world?
As an ultimate slap in the face, be blatant in the fact your candidate has ZERO interest in traditional American values and has the most liberal voting record in U.S. Senate history. Why has the American mainstream media clammed up on any negative reporting on Barack Obama? Why will they print Hillary Rodham Clinton's name but never write his middle name? Is it not his name? Why, suddenly, is ANY information about this candidate not coming from mainstream media, but from the blogosphere by citizens seeking facts and the truth? Why isn't our media connecting the dots with Islam? Why do they focus on 'those bad American soldiers' while Islam slaughters non-Muslims daily in 44 countries around the globe? Why does our media refer to Darfur as 'ethnic cleansing' instead of what it really is: Muslims killing non-Muslims! There is enough strange, anti-American activity surrounding Barack Obama to pique the curiosity of any reporter. WHERE IS OUR INVESTIGATIVE MEDIA!?
A formal plan for targeting America was devised three years after the Iranian revolution in 1982. The plan was summarized in a 1991 memorandum by Mohammed Akram, an operative of the global Muslim Brotherhood. 'The process of settlement' of Muslims in America, Akram explained, 'is a civilization jihad process.' This means that members of the Brotherhood must understand that their work in 'America is a kind of grand jihad in eliminating and destroying the Western civilization from within and sabotaging its miserable house by their hands and the hands of the believers so that it is eliminated and Allah's religion is made victorious over all other religions.'
There is terrorism we can see, smell and fear, but there is a new kind of terror invading The United States in the form of Sharia law and finance. Condoning it is civilization suicide.
Middle East Muslims are coming to America in record numbers and building hate infidel mosques, buying our corporations, suing us for our traditions, but they and the whole subject of Islam is white noise leaving uninformed Americans about who and what is really peaceful. Where is our investigative press? Any criticism of Islam or their intentions, even though Islamic leaders state their intentions daily around the globe, brings forth a volley of 'racist' from the left-wing Democrat crowd.
Lies and deception behind a master plan - the ingredients for 'The Manchurian Candidate' or the placement of an anti-American President in our nation's White House? Is it mere coincidence that an anti-capitalist run for President at the same time Islamic Sharia finance and law is trying to make advancing strides into the United States? Is it mere coincidence this same candidate wants to disarm our nuclear capability at a time when terrorist Muslim nations are expanding their nuclear weapons capability? Is it mere coincidence this candidate wants to reduce our military at a time of global jihad from Muslim nations?
Change for America? What change? To become another 'nation of Islam'?
© Rich Carroll 2008
Showing posts with label Sharia Finance. Show all posts
Showing posts with label Sharia Finance. Show all posts
Friday, June 27, 2008
Saturday, April 19, 2008
Sharia-Compliant Finance Funds Jihad
Sharia-Compliant Finance Funds Jihad
http://propheticnews.net/content/view/5732/1/
The below is from MJ Wilson - One of our busiest and best Anti-Jihad members. If you haven't read his blog lately, please do so. He is one heckofva researcher. Many of my posts here are thanks to MJ.
by Deroy Murdock Posted 04/04/2008 ET
Turn your clock back 70 years. Imagine that Wall Street banks and brokerages sold Nuremberg-compliant bonds and stock funds in 1938. American Nazi sympathizers bought financial instruments certified by Berlin-based advisors as free of “Jewish profits” from, say, Salomon Brothers and Bloomingdale’s. In turn, a percentage of such funds’ gains underwrote pro-Nazi charities, like the German-American Bund, and similar organizations in the Fatherland, like the Hitler Youth.
Seventy years hence, an analogous outrage grows on Wall Street, only this time for real. Sharia-compliant finance (SCF) is expanding among banks and securities houses eager to absorb the hundreds of billions of petrodollars cascading into the Middle East, thanks to $100-per-barrel oil. To lure this cash, financial companies increasingly offer vehicles that neither pay interest nor benefit from gambling, entertainment, alcohol, pork, or anything considered “haram” or “un-kosher” in Islam. Bahrain’s International Islamic Financial Market (IIFM) counts $97 billion in Islamic bonds in circulation with another $66 billion forecast through 2008 -- and SCF is not limited to the bond market.
SCF goes far beyond marketing to Muslims and Middle Easterners. IIFM lists “wider sharia acceptance” among its goals. Selling sharia-compliant investments legitimizes a barbaric theocratic orthodoxy that should be defeated, not promoted.
Turn your clock back 1,300 years. According to the Koran, sharia means that, with disobedient women, men should “admonish them, and send them to their beds and beat them” (Koran 4:34). For those having sex outside marriage: “The fornicatress and the fornicator, flog each of them with a hundred stripes” (24:2). “Cut off the hands of thieves, whether they are male or female, as punishment for what they have done” (5:38). Instead of celebrating gay sex with parades and rainbow flags, “kill the one who does it, and the one to whom it is done” (“Reliance of the Traveler” -- Abu Dawud 4447). How do you handle an adulteress? “Khalid Walid came forward with a stone which he threw at her head, and when the blood spurted on his face, he cursed her” (“Reliance” -- Muslim 4206).
Western financiers have no business complying with this. Nevertheless, SCF advisors help these funds remain sharia-compliant. Unfortunately, these authorities often are Muslim extremists who appear mainstream by consulting for such powerhouses as Deutsche Bank and Standard & Poor’s. *In 2002, Caribou Coffee had to explain the ties between its Atlanta-based sharia-compliant owner, Arcapita, Inc., and Arcapita’s sharia advisor, Yusuf Al-Qaradawi. He had defended “our brothers and children in Al-Aqsa and the blessed land of Palestine generously sacrificing their blood, giving their souls willingly in the way of Allah.” Qaradawi eventually resigned from Arcapita.
*Sheik Muhammad Taqi Usmani advises the Dow Jones Islamic Index. He has written: “The purpose of Jihad…aims at breaking the grandeur of unbelievers and establish[ing] that of Muslims.” * The North American Islamic Trust owns 69.8 percent of the Dow Jones Islamic Fund. The Justice Department identified NAIT last June as an unindicted co-conspirator in supporting Hamas’ murderous anti-Israeli terrorism. NAIT also owns Albany, New York’s Masjid As-Salam mosque. In April 2007, its founder, Mohammed Mosharref Hossain, and imam, Yassin Muhiddin Aref, received 15-year prison sentences for assisting an FBI sting operation to assassinate a Pakistani diplomat in Manhattan with a shoulder-fired missile.
Sharia-compliant funds usually donate 2.5 percent of profits as “zakat.” While such money assists peaceful Muslim causes, some of it has gone ka-boom.
*The Holy Land Foundation, Benevolence International Foundation, and Global Relief Foundation, all major Muslim charities, were shuttered in December 2001 for allegedly supporting Islamic terrorism.
*According to “The Tax Lawyer,” Yasin al-Qadi -- an investor in one Hamas-connected, sharia-compliant company called BMI (not the perfectly legitimate Broadcast Music, Inc.) -- transmitted $820,000 to Chicago’s Quranic Literacy Institute in 1991. QLI employee Mohammad Salah confessed in 1995 that he trained recruits to handle assorted toxins and “basic chemical materials for the preparation of bombs and explosives.”
“This is bad for America, bad for capitalism, and good for jihad,” says Frank Gaffney, president of the Center for Security Policy, which is sounding the anti-SCF claxons. CSP’S legal analysis by David Yerushalmi richly details SCF’s dangers.
The last thing America needs is jihad with tailored suits and Excel spreadsheets. It’s time to stop the clock on this deadly idea.
WAKE UP PEOPLE! THE TIME FOR ACTION IS NOW!
http://propheticnews.net/content/view/5732/1/
The below is from MJ Wilson - One of our busiest and best Anti-Jihad members. If you haven't read his blog lately, please do so. He is one heckofva researcher. Many of my posts here are thanks to MJ.
by Deroy Murdock Posted 04/04/2008 ET
Turn your clock back 70 years. Imagine that Wall Street banks and brokerages sold Nuremberg-compliant bonds and stock funds in 1938. American Nazi sympathizers bought financial instruments certified by Berlin-based advisors as free of “Jewish profits” from, say, Salomon Brothers and Bloomingdale’s. In turn, a percentage of such funds’ gains underwrote pro-Nazi charities, like the German-American Bund, and similar organizations in the Fatherland, like the Hitler Youth.
Seventy years hence, an analogous outrage grows on Wall Street, only this time for real. Sharia-compliant finance (SCF) is expanding among banks and securities houses eager to absorb the hundreds of billions of petrodollars cascading into the Middle East, thanks to $100-per-barrel oil. To lure this cash, financial companies increasingly offer vehicles that neither pay interest nor benefit from gambling, entertainment, alcohol, pork, or anything considered “haram” or “un-kosher” in Islam. Bahrain’s International Islamic Financial Market (IIFM) counts $97 billion in Islamic bonds in circulation with another $66 billion forecast through 2008 -- and SCF is not limited to the bond market.
SCF goes far beyond marketing to Muslims and Middle Easterners. IIFM lists “wider sharia acceptance” among its goals. Selling sharia-compliant investments legitimizes a barbaric theocratic orthodoxy that should be defeated, not promoted.
Turn your clock back 1,300 years. According to the Koran, sharia means that, with disobedient women, men should “admonish them, and send them to their beds and beat them” (Koran 4:34). For those having sex outside marriage: “The fornicatress and the fornicator, flog each of them with a hundred stripes” (24:2). “Cut off the hands of thieves, whether they are male or female, as punishment for what they have done” (5:38). Instead of celebrating gay sex with parades and rainbow flags, “kill the one who does it, and the one to whom it is done” (“Reliance of the Traveler” -- Abu Dawud 4447). How do you handle an adulteress? “Khalid Walid came forward with a stone which he threw at her head, and when the blood spurted on his face, he cursed her” (“Reliance” -- Muslim 4206).
Western financiers have no business complying with this. Nevertheless, SCF advisors help these funds remain sharia-compliant. Unfortunately, these authorities often are Muslim extremists who appear mainstream by consulting for such powerhouses as Deutsche Bank and Standard & Poor’s. *In 2002, Caribou Coffee had to explain the ties between its Atlanta-based sharia-compliant owner, Arcapita, Inc., and Arcapita’s sharia advisor, Yusuf Al-Qaradawi. He had defended “our brothers and children in Al-Aqsa and the blessed land of Palestine generously sacrificing their blood, giving their souls willingly in the way of Allah.” Qaradawi eventually resigned from Arcapita.
*Sheik Muhammad Taqi Usmani advises the Dow Jones Islamic Index. He has written: “The purpose of Jihad…aims at breaking the grandeur of unbelievers and establish[ing] that of Muslims.” * The North American Islamic Trust owns 69.8 percent of the Dow Jones Islamic Fund. The Justice Department identified NAIT last June as an unindicted co-conspirator in supporting Hamas’ murderous anti-Israeli terrorism. NAIT also owns Albany, New York’s Masjid As-Salam mosque. In April 2007, its founder, Mohammed Mosharref Hossain, and imam, Yassin Muhiddin Aref, received 15-year prison sentences for assisting an FBI sting operation to assassinate a Pakistani diplomat in Manhattan with a shoulder-fired missile.
Sharia-compliant funds usually donate 2.5 percent of profits as “zakat.” While such money assists peaceful Muslim causes, some of it has gone ka-boom.
*The Holy Land Foundation, Benevolence International Foundation, and Global Relief Foundation, all major Muslim charities, were shuttered in December 2001 for allegedly supporting Islamic terrorism.
*According to “The Tax Lawyer,” Yasin al-Qadi -- an investor in one Hamas-connected, sharia-compliant company called BMI (not the perfectly legitimate Broadcast Music, Inc.) -- transmitted $820,000 to Chicago’s Quranic Literacy Institute in 1991. QLI employee Mohammad Salah confessed in 1995 that he trained recruits to handle assorted toxins and “basic chemical materials for the preparation of bombs and explosives.”
“This is bad for America, bad for capitalism, and good for jihad,” says Frank Gaffney, president of the Center for Security Policy, which is sounding the anti-SCF claxons. CSP’S legal analysis by David Yerushalmi richly details SCF’s dangers.
The last thing America needs is jihad with tailored suits and Excel spreadsheets. It’s time to stop the clock on this deadly idea.
WAKE UP PEOPLE! THE TIME FOR ACTION IS NOW!
Thursday, April 17, 2008
Sharia Financing funds ISLAMIC TERRORISM!
Sharia-Compliant Financing: One More Tentacle of Cultural Jihad
.
Any financial institution that agrees to participate in Sharia financing is facing the prospect of having to divert 2.5% to as much as 6% of its profits to Muslim charities. So what's wrong with such "philanthropy? "
Over the past several years, three major Muslim charities in America have been shut down after investigations revealed they were funneling charitable contributions to terrorist organizations. How many more around the world are doing the same thing?
In other words, with sharia-compliant financing we might as well be taking a portion of our interest, dividends, and capital gains, and handing that money directly to terrorists.
Click on this link, http://www.terrapin n.com/2008/ ifwna/, to visit a website advertising a sharia-compliant conference. Take special note of the sponsors, which include the Dow Jones and Standard and Poor's.
Vladimir Lenin once noted that "the capitalists will sell us the rope with which we will hang them." Sharia-compliant financing goes one better than that – we simply give them the money to hang us.
How to stop it? Education is necessary – but not sufficient. It will take substantial, organized, grassroots pressure.
A few years ago, Bank of America let it be known it was going to actively market its products to illegal immigrants, which the bank saw as an untapped market. A fierce grassroots outcry followed, and to its credit Bank of America listened and scrapped its plan.
Organizations such as the ACT! for America membership and chapter will be able to exert the level of informed, organized opposition to sharia-compliant financing that will send a clear message to financial institutions looking to cash in on the oil wealth of the Middle East: Not with our investment dollars.
PLEASE JOIN ACT! FOR AMERICA TODAY TO HELP US FIGHT THE GROWING TERRORISM WITHIN OUR OWN COUNTRY: Political, Cultural, Financial, and all other forms. WE MUST ACT NOW.
See the link at in the right column to find a chapter near you.
.
Any financial institution that agrees to participate in Sharia financing is facing the prospect of having to divert 2.5% to as much as 6% of its profits to Muslim charities. So what's wrong with such "philanthropy? "
Over the past several years, three major Muslim charities in America have been shut down after investigations revealed they were funneling charitable contributions to terrorist organizations. How many more around the world are doing the same thing?
In other words, with sharia-compliant financing we might as well be taking a portion of our interest, dividends, and capital gains, and handing that money directly to terrorists.
Click on this link, http://www.terrapin n.com/2008/ ifwna/, to visit a website advertising a sharia-compliant conference. Take special note of the sponsors, which include the Dow Jones and Standard and Poor's.
Vladimir Lenin once noted that "the capitalists will sell us the rope with which we will hang them." Sharia-compliant financing goes one better than that – we simply give them the money to hang us.
How to stop it? Education is necessary – but not sufficient. It will take substantial, organized, grassroots pressure.
A few years ago, Bank of America let it be known it was going to actively market its products to illegal immigrants, which the bank saw as an untapped market. A fierce grassroots outcry followed, and to its credit Bank of America listened and scrapped its plan.
Organizations such as the ACT! for America membership and chapter will be able to exert the level of informed, organized opposition to sharia-compliant financing that will send a clear message to financial institutions looking to cash in on the oil wealth of the Middle East: Not with our investment dollars.
PLEASE JOIN ACT! FOR AMERICA TODAY TO HELP US FIGHT THE GROWING TERRORISM WITHIN OUR OWN COUNTRY: Political, Cultural, Financial, and all other forms. WE MUST ACT NOW.
See the link at in the right column to find a chapter near you.
A Shariah (Qur'anic Law) Assault on the US Constitution
SHARIAH RISK DUE DILIGENCE NEWSLETTER
A Project of The Center For Security Policy
April 01 -07, 2008
http://shariahfinan cewatch.wordpres s.com/
The Shariah Risk Due Diligence Campaign - A Project of the Center for Security Policy - Established to defend the U.S. Constitution and to protect our political and religious liberties, which are all under assault by those seeking to legitimize Shariah law (i.e., Islamic law) and its economic tool, Shariah-compliant finance. Shariah law is neither religion nor personal faith, but a theo-political doctrine seeking to dominate and to subvert Western liberties and representative government.
NOTE: This newsletter is not targeting Muslims or the religion of Islam; but rather, the political Islamists who seek to establish Islamic Law as defined by Shariah "scholarly consensus". This newsletter is not referring to the pietistic individual Shariah practiced by patriotic American Muslims.
WHAT IS SHARIAH LAW?
Understanding Shariah law is integral to understanding the dangers of Shariah-compliant finance. Shariah law is Islamic law dating back to the 9th century and is today the law of the land in Saudi Arabia, Iran, Sudan and the law under which the Taliban operates. Recent polls reveal that only 10-15% of Muslims worldwide want to live under this all-encompassing system of Islamic jurisprudence that covers all aspects of a Muslim's life including religious, social, political, and military obligations. However, with a current population of 1.5 billion Muslims, this translates to a huge pool of Jihadist recruits and supporters - a base of approximately 150 - 225 million Muslims.
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. Examples of authoritarian Shariah law include: requirement of women to obtain permission from husbands for daily freedoms; beating of disobedient woman and girls; execution of homosexuals; engagement of polygamy and forced child marriages; the testimony of four male witnesses to prove rape; honor killings of those, principally women, who have dishonored the family; death to apostate Muslims who chose to leave Islam; inferior status of non-Muslims, and capital punishment for those "slander Islam."
FAQs - ISLAMIC FINANCE - WHAT YOU NEED TO KNOW:
National Security and Financial Risks: Islamists are attempting to impose Shariah Compliant Finance (SCF) on Western institutions to use our own financial strengths against us. The most serious problem with SCF is that it legitimates and institutionalizes Shariah law (i.e., Islamic law), a theo-political- legal doctrine violently opposed to Western values. With $1 -$2 trillion petrodollars annually looking for an investment home, blind exuberance is driving financial institutions to adopt SCF, without even a minimal baseline for legal compliance. This willful blindness, and lack of both transparency and due diligence may cause SCF to be the next sub-prime crisis, but this time with deadly consequences.
Legal Risks: Western financial institutions which adopt SCF may have criminal and civil exposure to claims of aiding and abetting sedition and the material support of terrorism, securities fraud, consumer fraud, racketeering, and antitrust violations, as well as exposure to tort claims for sedition and terrorism, and for the violation of internationally recognized norms of the law of nations.
Terror Financing Mechanism: SCF 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 profits 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.
Consider this example: Shariah Mutual Funds promote themselves as "ethical funds." To be Shariah-compliant, they donate "tainted" revenues to Shariah-compliant "charities." A post 9-11 U.S. investor in a Shariah-compliant "ethical investment" is not told that Shariah law also requires imposing Shariah as U.S. law, execution of gays and female apartheid. Is he a victim of consumer fraud? Is this same post 9-11 investor unwittingly funding terror? The government has shut down the three largest Shariah-compliant charities in the U.S. - the Holy Land Foundation, Benevolence International Foundation, and the Global Relief Foundation - after proving they funded terrorist organizations.
The American taxpayer deserves answers to these questions. The Center for Security Policy (CSP) is meeting directly with members of Congress, U.S. regulatory agencies and Wall Street financial institutions in order to ensure the enforcement of existing U.S. laws on sedition, disclosure, material support of terrorism, and money-laundering. CSP is committed to revealing the civil liability and criminal exposure of Shariah law and Shariah-compliant finance.
*These Frequently Asked Questions about SCF are updated monthly by the research team at the Shariah Risk Due Diligence Program. FAQ sources, detailed research papers and legal briefs are available on request.
A Project of The Center For Security Policy
April 01 -07, 2008
http://shariahfinan cewatch.wordpres s.com/
The Shariah Risk Due Diligence Campaign - A Project of the Center for Security Policy - Established to defend the U.S. Constitution and to protect our political and religious liberties, which are all under assault by those seeking to legitimize Shariah law (i.e., Islamic law) and its economic tool, Shariah-compliant finance. Shariah law is neither religion nor personal faith, but a theo-political doctrine seeking to dominate and to subvert Western liberties and representative government.
NOTE: This newsletter is not targeting Muslims or the religion of Islam; but rather, the political Islamists who seek to establish Islamic Law as defined by Shariah "scholarly consensus". This newsletter is not referring to the pietistic individual Shariah practiced by patriotic American Muslims.
WHAT IS SHARIAH LAW?
Understanding Shariah law is integral to understanding the dangers of Shariah-compliant finance. Shariah law is Islamic law dating back to the 9th century and is today the law of the land in Saudi Arabia, Iran, Sudan and the law under which the Taliban operates. Recent polls reveal that only 10-15% of Muslims worldwide want to live under this all-encompassing system of Islamic jurisprudence that covers all aspects of a Muslim's life including religious, social, political, and military obligations. However, with a current population of 1.5 billion Muslims, this translates to a huge pool of Jihadist recruits and supporters - a base of approximately 150 - 225 million Muslims.
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. Examples of authoritarian Shariah law include: requirement of women to obtain permission from husbands for daily freedoms; beating of disobedient woman and girls; execution of homosexuals; engagement of polygamy and forced child marriages; the testimony of four male witnesses to prove rape; honor killings of those, principally women, who have dishonored the family; death to apostate Muslims who chose to leave Islam; inferior status of non-Muslims, and capital punishment for those "slander Islam."
FAQs - ISLAMIC FINANCE - WHAT YOU NEED TO KNOW:
National Security and Financial Risks: Islamists are attempting to impose Shariah Compliant Finance (SCF) on Western institutions to use our own financial strengths against us. The most serious problem with SCF is that it legitimates and institutionalizes Shariah law (i.e., Islamic law), a theo-political- legal doctrine violently opposed to Western values. With $1 -$2 trillion petrodollars annually looking for an investment home, blind exuberance is driving financial institutions to adopt SCF, without even a minimal baseline for legal compliance. This willful blindness, and lack of both transparency and due diligence may cause SCF to be the next sub-prime crisis, but this time with deadly consequences.
Legal Risks: Western financial institutions which adopt SCF may have criminal and civil exposure to claims of aiding and abetting sedition and the material support of terrorism, securities fraud, consumer fraud, racketeering, and antitrust violations, as well as exposure to tort claims for sedition and terrorism, and for the violation of internationally recognized norms of the law of nations.
Terror Financing Mechanism: SCF 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 profits 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.
Consider this example: Shariah Mutual Funds promote themselves as "ethical funds." To be Shariah-compliant, they donate "tainted" revenues to Shariah-compliant "charities." A post 9-11 U.S. investor in a Shariah-compliant "ethical investment" is not told that Shariah law also requires imposing Shariah as U.S. law, execution of gays and female apartheid. Is he a victim of consumer fraud? Is this same post 9-11 investor unwittingly funding terror? The government has shut down the three largest Shariah-compliant charities in the U.S. - the Holy Land Foundation, Benevolence International Foundation, and the Global Relief Foundation - after proving they funded terrorist organizations.
The American taxpayer deserves answers to these questions. The Center for Security Policy (CSP) is meeting directly with members of Congress, U.S. regulatory agencies and Wall Street financial institutions in order to ensure the enforcement of existing U.S. laws on sedition, disclosure, material support of terrorism, and money-laundering. CSP is committed to revealing the civil liability and criminal exposure of Shariah law and Shariah-compliant finance.
*These Frequently Asked Questions about SCF are updated monthly by the research team at the Shariah Risk Due Diligence Program. FAQ sources, detailed research papers and legal briefs are available on request.
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