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Monday, November 24, 2008

Sharia-compliant Banking

Coming soon to a North American continent near you?

"The U.S. is behind European nations like the UK and France, which are actively promoting Islamic banking...

...The UK already offers:

1. Sharia-compliant car insurance;
2. Sharia-compliant credit cards;
3. Sharia-compliant mortgages.

Banking oversight in the UK is handled by the Financial Services Authority (FSA), a non-governmental body whose members are appointed by the Treasury. The FSA does not regulate the Sharia compliance of Islamic financial products, deferring instead to the Sharia supervisory board (SSB) of the financial institutions it has approved. Such religious deference, especially when the U.S. is still engaged in a “war against terror,” is a serious concern to critics of SCF..."

The U.S. of A. is behind Europe in regards to Sharia-compliant Banking, and thankfully so.

All one has to do is look at the horrendous trouble cities like Brussels, London , and Paris, etc. have with their sizable - and frequently violent - Muslim populations. Populations which refuse to integrate into European culture, demanding a separate, but equal standing with their own banks, courts, schools and customs that the Muslims then demand the host country to accommodate & conform.

Google 'muslims sue' and see the enormous legal effort Muslims already exert against Western laws, custom and culture.

Our efforts in the GWT are thwarted enough already in trying to close off nefarious Muslim 'charity' organization in the U.S. which funnel funds to terrorists. We don't need to be condoning & facilitating dubious banking institution on our own soil which would very likely engage in much of that same activity.

Sharia law must be stopped at every slippery slope turn, every time it raises its ugly head.

Related: Muslim 'Holy Land Foundation' officials guilty of funneling funds to Hamas terrorists.