In all the rhetoric coming out of Washington regarding reasons and fixes for the serious downturn in our economy, not a single mention has been made of Sha’ria financing, specifically established in this country as a means of avoiding altogether any participation in and/or support of our Federal Banking System. Given the significant number of Muslims currently residing in this country, one can easily see how (1) their refusal to support our national economy, and (2) the establishment of a competing banking system serves to undermine and weaken established systems and operations.
In April 2008, Deroy Murdock, Contributing Editor of National Review Online, wrote the following in an article titled: Evil Money (Sharia-compliant finance funds jihad):
“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 . . . To lure this cash, financial companies increasingly offer vehicles that neither pay interest nor benefit from gambling, entertainment, alcohol, pork products or anything considered haram or “un-kosher” in Islam.
SCF goes far beyond marketing to Muslims and Middle Easterners. The International Islamic Financial Market (IIFM) lists “wider sharia acceptance” among its goals. Selling sharia-compliant investments legitimizes a barbaric theocratic orthodoxy that should be defeated, not promoted.
Sheik Muhammad Taqi Usmani advises the Dow Jones Islamic Index. In his 2006 book, Islam and Modernism, Usmani writes: “The purpose of Jihad is not just to get the right of missionary activities in any country, but it aims at breaking the grandeur of unbelievers and establish[ing] that of Muslims.”
According to The Tax Lawyer, Yasin al-Qadi – an investor in one Hamas-connected, sharia-compliant company called BMI – transmitted $820,000 to Chicago’s Quranic Literacy Institute in 1991. Institute 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’ “.
Frank Gaffney, president of the Center for Security Policy, states that sha’ria financing is ”bad for America, bad for capitalism, and good for jihad” and Murdock writes that “civilized financiers have no business complying with this [sha'ria law].
Per Usmani above, sha’ria financing is, in fact, a tool of Islamic jihad conceived and dedicated to the goal of breaking the financial back of the United States. There is no ambiguity in Usmani’s statement.
If we want to regain and retain any semblance of stability and growth in our economy, sha’ria-compliant financing must be recognized as the jihadist weapon that it is and shut down. Using the billions of pork dollars in the current “stimulus” package to do precisely that seems infinitely more prudent and beneficial for the country than providing tax breaks for Hollywood film producers.
