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Sharia Compliant Banking in America

Home - by - September 15, 2012 - 10:30 America/New_York - 7 Comments

Last Resistance

Since the 1970’s explosion of Middle Eastern Oil production, Muslim investment has been quietly infiltrating U.S.  banking and home mortgage industries. While we weren’t paying attention Shariah compliant banking has gained an intimidating foothold in our financial markets. The popularity of Sharia complaint home mortgages is growing in the United States and now they are seeking to do business with non-believers.

Let’s examine the basic premise for Sharia compliant home mortgages. Islam forbids the charging or paying of interest (Riba). According to Sharia jurisprudence, Riba is considered one of the seven major sins right up there with having sex with you mother. Really. Given the importance of interest (both earned and paid) to our financial system, red flags should be flying all over America. After all isn’t Capitalism an enemy of Islam or is it the other way around?

Frank Gaffney, the Founder and President of the Center for Security Policy in Washington, D.C., has been outspoken on Shariah compliant finance in the United States. According to reports it has been suggested that Islamic transaction law is a subversive coordination that supports jihad. Given the well documented punishments ordered for breaking sharia law should America be incorporating this as a legitimate feature of its financial system?

 

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h/t  Boys’Mom

» 7 Comments

  1. bitterclinger

    September 15th, 2012

    Ann B.’s latest starts off with another nod to Sharia that we’re prob’ly not thinking of.

    Thumb up +4

     
  2. FreeMan & Sarah on Vacation

    September 15th, 2012

    Hopefully, and prayerfully, this will also end when we flush the big turd clogging up the pipes in November.

    See this turds photo just above this posts headline.

    Thumb up +4

     
  3. aww, u know

    September 15th, 2012

    claire lopez has been screaming aobut this to get people to wake the f up for 4-6 years

    Thumb up +1

     
  4. aww, u know

    September 15th, 2012

    accidentally hit the enter whilst layng a rampage on da KB

    claire lopez has been screaming about this – beating the drum – to get people to wake the f up for 4-6 years – check her videos, IF there are still up…

    get the dummies to wake up -BY ANY MEANS NECESSARY!

    Thumb up +2

     
  5. Racist

    September 15th, 2012

    There’s an ad on this page for “Shitria Compliant” banking!!! ——————–>>>>>

    Thumb up 0

     
  6. Webonot

    September 15th, 2012

    I can’t stand the Muzzies, but I think I would wear a Burkah for an interest free mortgage……

    Thumb up 0

     
  7. Webonot

    September 15th, 2012

    Well, as long as I don’t have to marry a goat.

    Thumb up 0