Islamic Banking: The Silent Jihad Against The West

Who needs bombs when you've got money?

From Commentary Magazine:


For those not familiar with Sharia Banking; it is a system which creates and sells services and products that are in strict accordance with Sharia law. Sometimes it is referred to in the Islamic culture as "Sharia finance". It dictates how the practices of banking, investment, bonds, loans, brokerage, etc, are to be conducted.

To insure compliance and to become "Sharia banking" compliant, banks must hire Sharia experts to review and approve each product and practice of the bank. This is known as "halal", which has been described as "the Muslim equivalent of kosher in Judaism."

There is a shortage of such Sharia experts so there is competition among banks to find such experts to sit on their boards of directors. By having an "expert" involved in banking decisions, this provides the legitimacy to each banking decision because it is made at the director rather management level. However, most of these Sharia experts" are from the radical Wahhabi school of Islam in Saudi Arabia and elsewhere, and they hold views diametrically opposed to the basic values of Western civilization.

The Center for Security has identified some of the Sharia experts sitting on the boards of U.S. financial institutions. The top twenty "advisors" include many with conflicts of interests and anti-trust issues since they sit on boards of many Islamic banks at the same time. The Center for Security identifies a couple of advisors with ties to money-laundering and terrorism:

Yousuf Quaradawi who is prominent in the Muslim Brotherhood, owns two banks himself and has issued statements in support of Palestinian attacks on Israeli citizens and has issued rulings supporting Hamas and Hezbollah jihad attacks against Israel.

Muhammad Yaqui Usami who is a radical cleric and Sharia court judge in Pakistan. He is on the board of organizations that train thousands of Taliban and jihad foot soldiers. But the most heinous thing is his complicity in the murder and suffering of countless innocent Muslims as apostates because they disagreed with his Islamic mandates.


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