Stop Shariah in the United States
Since 2002, the U.S. Treasury Department has begun embracing Shariah-Compliant Finance. According to a press report out of Saudi Arabia, Deputy Secretary of the Treasury Robert Kimmitt has declared that “experts in the Treasury Department are currently learning the important features of Islamic banking.” and has professed an interest in “studying the salient features of Islamic banking to ascertain how far it could be useful in fighting the ongoing world economic crisis.”
What is of great concern is that the Treasury Department hosted in its headquarters building on Thursday, November 6th a “seminar for the policy community” entitled “Islamic Finance 101.” This event was being co-sponsored – and, orchestrated – to promote Shariah-Compliant Finance by one of America’s leading promoters of the industry: the Islamic Finance Project at Harvard Law School.
According to Coaltion to Stop Shariah,
It is especially alarming that the Treasury Department is now in a position to impose its submission to Shariah on the various financial institutions which it has bought in recent weeks or otherwise controls. With the nationalization of Fannie Mae and Freddie Mac, its purchase of – at last count – 17 banks and the enormous leverage associated with its $700 billion slush-fund, Treasury can be an irresistible force should it actively promote Shariah-Compliant Finance. The fact that Assistant Treasury Secretary Neel Kashkari, the official charged with administering that slush fund, is the host of “Islamic Finance 101″ certainly looks like active promotion of Shariah-Compliant Finance.
The Coalition to Stop Shariah calls on the Treasury Department to cancel this indoctrination session, to cease its efforts to promote Shariah-Compliant Finance and to recognize Shariah for what it is – sedition – and treat it accordingly by banning its use in U.S. financial institutions and products.
Wall Street now features an Islamic mutual fund and an Islamic index.
Lovely. And very clever. Muslim terrorists are often financially supported through U.S. investments – and they now have insidiously created a system by which the United States funds its own enemy.
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Hey, who's the guy with the sword?
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