Tag Archives: Sharia Finance

Don't Buy Islamic Government Bonds!


You can’t make chicken salad with chicken shit. You cannot turn Arab quicksand into gold.  Where is the substance? Where is the knowhow, where is the innovation, the science, the creative minds, the technology, the brilliant minds to drive this Fata Morgana in Arabia?

Unlike Israel, which has a pool of educated, innovative and productive people, the Arabs rely entirely on Western knowhow and third world slave labour.  The Arabs themselves do next to nothing.

Where are the people, the tourists, the masses of rich retirees, the businessmen,  the buyers, where is the society of the future in this mad construction frenzy?

You will lose your money. We, our banks, those who jumped on this Arab carrousel, will be fleeced. And once again the nutroots, the Obama-bastards and their commie-vassals will blame the failure of the Capitalist system in order to destroy us  in order to bring about their One World Utopia, with ‘Global Worming’ thrown in for free.

Moody’s Downgrades Abu Dhabi Commercial Bank to A1/D+

thanks to Dhumme Dhimmi. Here’s the countdown meltdown:

No matter which way you cut it, or where the information comes from, it is getting worse:

Continue reading Don't Buy Islamic Government Bonds!

Sharia Finance Helps To Finance Islamic Terrorism

Shariah-compliant banking, sometimes called Islamic banking, is growing in popularity in the Western and Islamic worlds. But critics say American interest in the system at a time of economic crisis is opening the door to increased Islamic influence in the American banking system. Worse yet, some fear the banks may be helping to finance international terrorism.

Allowing Shariah-compliant finance in the U.S. is green-lighting a seditious system that supports jihad, said Frank Gaffney, founder and president of the Center for Security Policy in Washington, D.C.

“If you understand what Shariah is, you understand that it is a pretty awful system. Not something that you’d want insinuated in your society and becoming a major feature of your economic system,” Gaffney said. More>>


A Win for the Good Guys and a setback for sharia-compliant finance in America.

By Frank J. Gaffney Jr. and David Yerushalmi

AIG sponsors, pays for, and aggressively markets sharia-compliant insurance products. The practice of sharia finance has created lucrative advisory positions for often radical imams, who get paid to guarantee the religious “purity” of sharia-compliant products. Such vehicles typically follow the Muslim principle of zakat and donate a slice of their profits to charity. Unfortunately, many of the charities receiving these funds have links to terrorism. Mr. Murray objects to his funds’ being used to legitimate and promote sharia law, when that is the same law that calls for jihad. For that matter, sharia allows Saudis, Iranians, Sudanese, Somalis, Afghans, Taliban members, and other adherents to justify the following: the execution of apostates who decide to abandon the faith; the criminalizing of “Islamophobic blasphemy”; the punishment of petty crimes with amputations, floggings and stonings; and the repression of “non-believers” from practicing their respective religions freely and openly.

AIG — read the federal government — now is in the business of selecting which sharia-adherent “authorities” shall be enlisted to determine whether or not a given product is sharia-compliant. In early maneuvering on Murray v. Geitner et al., the government moved to dismiss the case on two grounds. First, its lawyers argued that Mr. Murray did not have standing to bring this lawsuit. Second, they contended that, even if he did have standing, the government acted in buying AIG without any intent to promote or become involved in religious questions. More>>


rajabcampign2009frontemailBe there! Bring your  “kill the infidels, kill da Jooozzz” placards….!

This should serve as a stark warning for those who believe that Shariah-Compliant Finance is just some benign tool for pious Muslims to avoid interest. As we have reported, Islamic leaders referred to Shariah-Compliant Finance as “missionary work” at the last World Islamic Economic Forum in Jakarta, Indonesia. The insinuation of Shariah-Compliant Finance into our financial system over time could put us in a position in which we can be blackmailed en masse or extorted by those with financial leverage over us.

This is certainly something that Hizb ut-Tahrir’s 1 million members in 40 countries are working to bring about.  

Hizb ut-Tahrir: Jihadists target “capitalism”

Posted by shariahfinancewatch on June 21st, 2009

Hizb ut-Tahrir is a global Jihadist political organization which has been especially active in Great Britain in recent years. The organization is banned in Germany and has been declared a terrorist organization. Now, as the excellent folks at the Counterterrorism blog explain, they are emerging in the USA:


Hizb ut Tahrir has an English language web site you can check out:


The goal of the Hizb ut-Tahrir is the establishment of a global caliphate ruled by Shariah. Notice that their first US event is being held at an Islamic school, Aqsa School in Bridgeview, IL, just outside of Chicago.

The school’s web site appears to be down as of 2200hrs CDT on 20 June 09:


However, more information about this school is available on a couple of web sites which profile private schools:



It may be difficult for Americans to understand how a private school in our country can play host to an organization which seeks Islamic world rule, but such is the nature of Jihad. It’s just not something we can understand easily. If a Christian private school in America were to host a Ku Klux Klan rally, complete with a YouTube video, what do YOU suppose the reaction would be?


Moe's Jihad News

*  Those who believe absurdities will commit atrocities. – Voltaire 


*  ‘If a fly falls into your drink, you should dip it in the drink, and then dispose of the fly – because one of its wings bears a disease, and the other bears the cure.'”-Muhammad, prophet of Islam

                                      Sharia Finance:

Wow! Interest-free loans! Why  take out any other kind of loan, when you can borrow Islamic-style money interest-free?  Learn more about Sharia Finance, here>>


Egypt: Police randomly arrest Copts as ploy to portray symmetry in “sectarian clash”

More on this story. “Egypt: Rescue of Coptic girl prompts Muslim attack,” from Compass Direct News, via JW


British police hunting for terrorists are deliberately stopping non-Muslims during searches to avoid accusations they overwhelmingly target Muslims, a House of Lords member said in a report published on Wednesday. Read more on “can’t have any profiling, we’re British>>>

News links:

  1. Egypt: Court denies second ex-Muslim’s right to convert
  2. Pakistan: India telling us to stop jihad terrorism is “unacceptable”
  3. Thai Premier: “Southern insurgents” not linked to al-Qaeda
  4. Turkey: Iranian refugee beaten for converting to Christianity
  5. ‘Fundamentalist Thugs’ Attempt Forced Gender Segregation in UK
  6. “Hate Crime”  in UK as Mosque is Firebombed…
  7. Rescue of Christian Girl Prompts Angry Muslim Response…

The Text of Wafa Sultan’s Speech in Copenhagen

Excerpt: “ “Listen, up, crazy freaks, we’re here to stay. You’re the foreigners here. With Allah on my side, I am not afraid of anything. Take my advice. Convert to Islam and you will find peace.”  

Rotterdam City Councilman

Wilders: Israel is “the first line of defense for the West”


He is absolutely correct. The destruction of Israel would embolden the jihadists like nothing else, and mortally threaten what remains of free Europe, as well as the United States. “Dutch anti-Islam MP: ‘Israel is West’s first line of defense,'” by Cnaan Liphshiz for Haaretz, H/T JW

Israel will be a major part of Geert Wilders’ next film on Islam, the rightist Dutch legislator said last week in an interview for Haaretz. He praised Avigdor Lieberman, observing “similarities” between Yisrael Beiteinu and the Party for Freedom – a small movement which has grown to become Holland’s second most popular.

Continue reading Moe's Jihad News

Beware this Saudi deal to help bail out Britain. It comes with a devastating IOU

Mail Online

With all eyes fixed upon the political excitements in the U.S, few have paid much attention to a trip made by the Prime Minister several thousand miles in the opposite  direction.

A week ago Gordon Brown, accompanied by his new best friend the Business Secretary Lord Mandelson, went cap in hand to Saudi Arabia and the Gulf states to ask them to help bail out the stricken economies of the West by pumping billions into the International Monetary Fund. 


Close: King Abdullah of Saudi Arabia meeting Prime Minister Gordon Brown in October last year.

It is more than a little strange that the British Prime Minister should have apparently taken it upon himself to speak on behalf of the IMF. But the real concern is that asking for help from Saudi Arabia is not like tapping your friendly neighbourhood bank manager for a bigger overdraft.

Continue reading Beware this Saudi deal to help bail out Britain. It comes with a devastating IOU

Islamic Finance and other defeatist, subversive activities

Fitzgerald: The economic development made possible by Islam

Shariah Finance: Jihad with money


A terrific video from ACT for America.

From an article, or rather, a book-review and summary by Daniel Pipes of Professor Timur Kuran’s indispensable study, “Islam and Mammon”:

Continue reading Islamic Finance and other defeatist, subversive activities

Should America Bail Out ‘Sharia’ Finance?

On September 17, 2008, the U.S. News and World Report magazine reported on how the “Federal Reserve extended an $85 billion loan to American International Group to be paid back as AIG sells off some business in the biggest government takeover so far in the ongoing credit crisis.” What the American public hasn’t seen yet is what AIG is going to sell off in terms of its business. According to the September 16, 2008 press release by the Federal Reserve on this bailout, the “U.S. government will receive a 79.9 percent equity interest in AIG and has the right to veto the payment of dividends to common and preferred shareholders.”

Continue reading Should America Bail Out ‘Sharia’ Finance?