Cory Bernardi vs Sharia Finance, Sharia Courts & PC Police

Islamic court would be needed for rulings on Sharia finance

Australian Conservative/thanks to Mullah

The political correctness (PC) police must be reeling. After months of personal attacks on me for daring to state my security concerns about the burqa, one of the left’s political pin-ups, US Secretary of State Hillary Clinton, has stated that banning the burqa has merit.

Now Ms Clinton and I probably don’t agree on that much but somehow I feel that the journalists and taxpayer-funded radio commentators won’t be launching the same salvo against her as they did me.

Not that I care too much for what these self-styled opinion-makers write. Their track record of accurately reflecting community concerns is less than stellar.

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I faced another attack by the PC police this week for daring to question why we would be amending our laws and regulations to facilitate the introduction of Sharia law for financial products.

Sharia finance is a method of conducting financial transactions so they comply with Islamic religious law. It features a number of key elements including the prohibition of interest and a requirement that a percentage of each transaction is given to an Islamic charity.

My position has been that if people want to enter into such contracts they can do so, as long as they comply with our existing legal and regulatory framework.

However, the government has appointed a task force that is investigating ways in which our laws can be changed to facilitate Sharia finance contracts. Their representative maintains that they are not proposing to introduce any new laws but simply to ‘tinker’ with the existing ones!

This claim is not supported by documentation produced by the advocates for Sharia finance which was launched by the then minister Nick Sherry.

The booklet Demystifying Islamic Finance states that Islamic finance “requires alignment with and support from the whole legal and regulatory framework.”

“This means, while it is important for the banking and financial laws of a country to recognise and accommodate Islamic finance, for example, through a specific legislation, this is far from sufficient in ensuring that the Islamic financial contracts will be effectively enforceable.”

The booklet continues to detail that “at the minimum” tax laws, property laws, insolvency laws and securities laws will all require changes to accommodate Islamic finance. There would also need to be negotiation of our international agreements determining reciprocal enforcement of foreign judgements for international transactions.

Hardly a ‘tinkering’ as the government representatives would suggest.

Sharia finance would also give rise to a compliance body that would determine if the source of funds, transaction and terms comply with Islamic law. This is effectively an Islamic court that would operate alongside our existing legal system.

There are many other issues surrounding Sharia finance that many public commentators are seemingly unaware of, yet should concern many Australians.

The fact that there is an apparent inability to raise these legitimate concerns in public without being attacked by the PC police suggests there is another issue we should be concerned about – freedom of speech.

Cory Bernardi is a South Australian Liberal senator. His columns and essays are available at his website.

3 thoughts on “Cory Bernardi vs Sharia Finance, Sharia Courts & PC Police”

  1. Do the Catholics demand that we behave according to Catholic finance? Do the Hindus demand this? Do Buddhists demand we change our society?
    Why must we kowtow to another minority religion this way?
    What the fuck is wrong with our government leaders? What is in it for them?
    Somebody is sweetening the pot for the politicians. They are being promised some big bucks if they can change our constitutions to suit the Islamists.
    I can’t stand it any more and am calling for revolutionary tactics if this keeps up.
    I am fighting back if this doesn’t stop and damn the torpedoes for any Muslim or mosque that gets in my way.

  2. The only reason our dimwit politicians are sucking up to these muslim traitorous dogs is because the 100 million dollars a day this incompetent labor government is borrowing comes from the arab world. Who elected this bunch of f***wits to govern our country in the first place? It was handed to them on a platter by 2 dumb bastards. Cori Bernadi is absolutely right when he voices his concerns openly. Gosh! I wish Pauline Hansen was in Politics, she would tell these dumb f**** where to go.

  3. Obama Administration’s un-American Agenda

    by Rachel Ehrenfeld

    President’s Obama’s recent trip to Asia was intended to advance U.S. influence in the region, promote American exports, and create jobs at home.

    But the U.S. President, and his Secretary of State, Hillary Clinton, have also been working to advance his un-American agenda – promoting a religion, the religion of Islam.

    In June 2009, Americans were surprised to hear Obama’s deceleration in Cairo, that the U.S. and the Muslim world, where Shari’a law (Islamic law) dictates gender, racial and religious discrimination, “share common principles — principles of justice and progress; tolerance and the dignity of all human beings.”

    On his visit to India, where sectarian violence between radical Hindu and Muslim fundamentalists groups, and attacks on Christians continue, Obama chose Mumbai’s Jesuit St. Xavier’s College, to praise Islam again, as “The religion [that] teaches peace, justice, fairness and tolerance.”

    Merely two years after terrorists from the radical Islamist group Lashkar-e-Taiba murdered 166 people, including six Americans in Mumbai, Obama stated: “All of us recognize that this great religion cannot justify violence.”

    In Indonesia, speaking about American –Indonesian cooperation, Obama proudly declared: “many of the partnerships I’ve mentioned (trade, security and cultural exchange agreements) are a direct result of my call in Cairo for a new beginning between the United States and Muslim communities around the world.”

    However, such agreements were in place before he became president.

    A few days earlier, in Kuala Lumpur, Hillary Clinton, emulated her boss, highlighting the “common values like respect for cultural diversity, pluralism, [and] religious tolerance,” that the U.S. shares with Malaysia, an Islamic state. She went on to praise Malaysia, as an example of religious tolerance, ignoring the fact that forty percent of the non-Muslim population suffers from governmental institutionalized discrimination.

    Indeed, the U.S. Department of State’s 2009 Human Rights Report noted that: “Longstanding government policies gave preferences to ethnic Malays in many area.”

    At the same time as Clinton was suggesting that Malaysia’s Islamic governance should be “looked to as both a thought leader and a model globally in a number of significant areas,” a scandal was brewing in Kuching, the forth largest city in Malaysia with a large Chinese population, where a ten-year-old student at the St Thomas Primary School (not a Muslim school), received ten “whacks on his palm” for bringing non-halal food to school.

    While Clinton was lauding the role of Islam in Malaysia, the Human Rights Report detailed how “The civil courts continued to allow the Shari’a (Islamic law) courts to exercise jurisdiction in cases involving families that included non-Muslims. Additionally, the criminal and Shari’a courts utilized caning as a form of punishment.” The report also documented how “freedom of press, association, assembly, speech, and religion,” were restricted by the government.

    Yet, Mrs. Clinton continued extolling Malaysia’s creativity and leadership “in Islamic financing, which will provide a different approach to financing which can be very economically important.”

    Indeed, Malaysia has become a major sponsor and promoter of Islamic banking. It is home to the “de facto Islamic Central Bank,” the Islamic Financial Services Board (IFSB), which was established in 2002 in Kuala Lumpur “to absorb the 11 September shock and reinforce the stability of Islamic finance.”

    IFSB members include the central banks of Iran, Sudan, and Syria – all designated state sponsors of terrorism – and the Palestinian Monetary Authority (PMA), which is widely documented since its inception to be a terror funder.

    Moreover, chairing the 2002 meeting, Malaysian Prime Minister at the time, Mohamed Mahatir, stated: “A universal Islamic banking system is a jihad (emphasis added) worth pursuing to abolish this slavery [to the West].”

    Mahatir was merely reaffirming the ideology behind the invention of Islamic banking created by Muslim Brotherhood founder, Egyptian Hassan al-Banna.

    Banna concocted Islamic banking in the 1920s as a tool for the financial jihad (holy war) against the West. He understood that “to penetrate the Western finance system, corrupting it from within,” would help to create “a parallel system to re-establish a global Islamic empire governed by Islamic law (Shari’a).”

    The real push for the global expansion of Islamic banking began in earnest with the establishment of the Organization of Islamic Conference (OIC), in 1969.

    The OIC’s charter calls to “liberate Jerusalem and Al-Aqsa [mosque] from Zionist occupation”(This statement has been removed from the OIC’s English website). To achieve that, the Saudi led OIC established new regulatory, accounting and auditing organizations to govern Islamic banks compliant with Shari’a Law.

    In addition to the IBSB, Malaysia is the home for other important Islamic banking organizations, such as the Islamic Banking and finance Institute Malaysia (IBFIM). All are “dedicated to promote the Islamic banking industry as per Quran and Sunnah.”

    Was our Secretary of State aware of the true nature of Islamic banking when she praised it? Most likely not. Instead, she probably adheres to the same PC interpretation of “jihad,” as the President, who announced in Mumbai: “the phrase jihad has a lot of meanings within Islam and is subject to a lot of different interpretations.”

    While the reform of the American financial system is urgent, Islamic banking governed by Shari’a and by Muslim clerics—not U.S. laws and regulators—should not be endorsed, for these serve an un-American agenda

    Rachel Ehrenfeld, Director of the NY based American Center for Democracy, and author of Funding Evil; How Terrorism is Financed – and How to Stop It.

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