Truth of Sharia Compliant Finance: Funding Islamic Agenda?
U.S. dependence on foreign oil has led to a large transfer of wealth to Muslim nations and could be advancing Sharia law through Sharia Compliant Finance. Is the U.S. Funding Islamic Agenda Through Oil and companies like AIG?
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In his essay, “Financial Jihad: What Americans Need to Know,” Vice President Christopher Holton of the Center for Security Policy writes, “America is losing the financial war on terror because Wall Street is embracing a subversive enemy ideology on one hand and providing corporate life support to state sponsors of terrorism on the other hand.”
Holton refers to Islamic finance, or “Shariah-Compliant Finance” as a “modern-day Trojan horse” infiltrating the U.S. He said it poses a threat to the U.S. because it seeks to legitimize Shariah – a man-made medieval doctrine that regulates every aspect of life for Muslims – and could ultimately change American life and laws.
The Treasury Department has announced it will teach “Islamic finance” to U.S. banking regulatory agencies, Congress and other parts of the executive branch today in Washington, D.C. – but critics say it is opening a door to American funding of Islamic extremism.
“Shariah-Compliant Finance” as a “modern-day Trojan horse” infiltrating the U.S. It poses a threat to the U.S. because it seeks to legitimize Shariah – a man-made medieval doctrine that regulates every aspect of life for Muslims – and could ultimately change American life and laws.
Shariah-compliant finance is becoming a major movement, because American banks and investors are seeking wealth from oil profits in the Middle East. Some advocates claim Islamic finance is socially responsible because it bans investors from funding companies that sell or promote products such as alcohol, tobacco, pornography, gambling and even pork.
Islamic finance is a system of banking consistent with the principles of Shariah, or Islamic law. It is becoming increasingly popular, having reached $800 billion by mid-2007 and growing at more than 15 percent each year. Wall Street now features an Islamic mutual fund and an Islamic index. However, critics claim anti-American terrorists are often financially supported through U.S. investments – creating a system by which the nation funds its own enemy.
However, Islamic financial institutions also require all industry participants to adhere to tenets of Shariah law. According to Nasser Suleiman’s “Corporate Governance in Islamic Banking, “First and foremost, an Islamic organization must serve God. It must develop a distinctive corporate culture, the main purpose of which is to create a collective morality and spirituality which, when combined with the production of goods and services, sustains growth and the advancement of the Islamic way of life.”
Three nations that rule 100 percent by Shariah law – Iran, Saudi Arabia and Sudan – hold some of the most horrific human rights records in the world, Holton said.
“This strongly suggests that Americans should strenuously resist anything associated with Shariah.”
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Wild Thing’s comment……….
We have become a nation that elects our own enemy to the highest office in the land, and add in this the iinformation in this post. I think this is just the beginning, so a lot more prayers for our country for sure.
….Thank you Tom for sending this to me.
Tom
Army Aviation
Army Airborne Infantry Special Forces
Crewchief/ Observer
66-68
Praying Double time here. Like I said before the Way to stimulate the economy. Cut Spending to social programs like Social Security Welfare Medicare Medicaid basically everything enacted by FDR and Jimmah. Increase Spending to the Department of Defense (Military) and intelligence (CIA etc.), encourage domestic industry, punish businesses that hire illegals, seal the borders (it is an economic debate as well as a security debate), drill fo oil here, build more nuclear powerplants, go back to the gold standard, and of course cut every tax our government collects. Small government, Liberty, low taxes, Large and Powerful Military.
Thanks for heads up on this.
This is another example of the encroachment of islam into America. One thing that helps it is American greed. The greed of bankers and Wall Street investers and the greed of politicians.
The Mid East is awash in American petro dollars. We have had forty years to develop our own energy supply and become independent of Saudi Arabia et al. Instead we are more reliant on MidEast oil/gas than before. Then the American dollars gained by the Arabs are used to invest into and buy interest in the American economy, thus controlling us more.
It also doesn’t help that we have allowed a growing number of muslims to immigrate to America, especially since 9-11.
I’ve been dreading this all along. Hasn’t BOA been doing this for some time? We don’t have any leadership or Republicans to fight it in Congress and with Senator John Cornyn and Pete Sessions being the top Republican leaders in the party at the committee levels I expect future loans to be either in Peso’s or Rials with prayer calls 5 times a day as a loan condition. With PEBHO at the helm it won’t be just another Jack Abramoff lobbying scheme it will be the Rezko handlers and the likes of George Soros. How about that Kenyan shilling???
JohnE PFC U.S. Army, love all on your list.
James M, I sure hate bad news, I wish I could put my head in the sand. But I can’t haha
Tom, thank you for the added information.
Jack, thanks for theh link and I sure never thought this would happen. I guess I just always thought our country stood alone on some things. But like our loan from China, that shocked the heck out of me too.