Posts tagged as:

Sharia Finance

Islamic law used to dodge stamp duty

March 25, 2011

Sharia banking:  part of economic jihad, designed to collapse the financial system of the West. This latest outrage  just shows how wrong it is to discriminate in favour Muslims, why should Muslims get tax breaks not available to non-Muslims? In other words, why should non-Muslims have to pretend to be Muslim to get the same [...]

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Is this the death of sharia finance?

February 8, 2011

Gulf News Qatar’s central bank has ordered commercial banks to close Islamic banking operations by the end of 2011. Australian Assistant Treasurer Senator Nick Sherry must be heartbroken….. Qatar’s central bank has ordered commercial banks to close Islamic banking operations by the end of 2011. The central bank reportedly issued a circular on February 1, [...]

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Gangland Chicago: Sharia Ponzi Scheme Goes Belly Up

November 18, 2010

Three men charged in Islamic-based Ponzi scheme Sharia banking fails again. So should the perps be sentenced under Islamic law?  But wait: doesn’t their “Religion” permit them to lie, cheat, and commit fraud, as long as the victim isn’t of their faith?  Questions, questions…. so what if most of their victims are Muslims? In that [...]

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Cory Bernardi vs Sharia Finance, Sharia Courts & PC Police

November 11, 2010

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 [...]

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Because it failed everywhere else, Westpac bank to offer Islamic finance in Australia

September 21, 2010

Australians have a habit of betting on two flies crawling up a wall. Aussie banks have a long, nasty record of squeezing their captive clientele with exorbitant interest rates, fees and charges,  and then squandering  the ill gotten gains on idiotic scams abroad. Some Aussies are really obsessed with being  GLOBAL PLAYERS, ask Kevin Rudd! [...]

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Sharia Finance A Huge Flop in Britain

July 7, 2010

Assistant Treasurer, Senator Nick Sherry: “… misinformed  members of our community are  putting forward negative views about Islamic finance. These have been small in number but they have come in and they are of concern…” (Read his full speech is on his website): Pass it on to Australian federal minister Nick Sherry, who is totally [...]

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Suckers for Sharia Finance

June 24, 2010

This pig will never fly, no matter how much lipstick they put on it: Sharia-compliant banking products a ‘huge flop’ in Britain Junaid Bhatti, part of the team that set up Islamic Bank of Britain, the first Sharia-compliant bank approved by the Financial Services Authority, says that the sector has been a big disappointment. “As [...]

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Sharia Finance, the Answer to All Our Ills, Right…?

May 23, 2010

Hey, Dubai, how’s that shariah compliant finance going? Dubai World restructures $23.5 billion in debt The shell game that is shariah compliant finance is coming to an end, “Dubai World reaches $23.5b debt deal with banks“: Government-owned conglomerate Dubai World said on Thursday “headline economic terms” have been agreed in principle with its financial creditors [...]

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