Monday, January 14, 2008

Global Banks Romance Islam


The Bible warns “… the love of money is the root of all evil” (1 Tim. 6:10) However there is some money that is even more evil than most.

Islamic Cultural Jihad Continues In The West

By de Andréa

Doing Business with the Devil
Either global bankers are seducing Islamic dictators, or vice versa. Even so, the result will be the same: Part of the surreptitious infiltration and cultural jihad of the west is the Islamic/Sharia Banking System, It is coming to the United States and other western nations near you, thanks to global banks such as Citigroup, HSBC, Deutsche Bank, Morgan Stanley and Goldman Sachs.

With Great Britain now blindly pledging to become the Islamic banking center of the world, the global banking stampede to enter the world of Islamic Banking is well underway. Yes, they are falling all over themselves in the courtship of Muslim money.

Western banking met Islam many decades ago, but it only began by, sleeping with the Devil. Since then, it is has become a wanton and open affair. We used to call this kind of scoundrel a gigolo.

The implications for the west, and especially for the United States, are staggering. Because all Islamic banking products must be created and offered according to their strict Sharia law, global banks are doing for Islam what it could never do on its own; and that is to give legitimacy to Shari’a Law and stealthily and incrementally infiltrate it into the fabric of western society. Soon we will accept Sharia law as if it were our own.

What is Islamic banking?
Simply put, “Islamic banking and finance” creates, sells and services products that are in strict accordance with the Fatwa of Sharia Law. In the Islamic culture, it is referred to as “Sharia Finance” and covers the practices of banking, investment, bonds, loans, brokerage, etc.

To insure Sharia compliance, banks must hire Sharia scholars to review and approve each product and practice as “halal”, the Muslim equivalent of kosher in Judaism. Because there is a shortage of such scholars, there is competition between banks to find the best expert “Muslim Sharia Terrorist” to sit on their boards of directors. This provides the highest legitimacy to each ruling because it is made at the director rather management level.

It should be noted that most of these scholars are from the school of Wahhabi/Salafi Sharia in Saudi Arabia and elsewhere, holding views diametrically opposed to the basic values of Western civilization as well as any other civilization.

Sharia finance has many differences from orthodox international banking: Notably, it cannot charge interest (usury) and it calls for alms-giving (zakat). It also calls for avoidance of excessive risk and may not be associated in any way with gambling, drinking alcohol, eating pork, Christianity, Judaism, capitalism, Americanism, freedom or the U.S. Constitution. Oh well-- not much to give up.

The doctrine of zakat demands a tithe of 2.5 percent of revenue to be donated to Islamic charity (Note: Islamic Charities are terrorist’s organizations bent on the destruction of the west and the conquest of the world). If western banks follow this rule, their contributions will be staggering. It is certain that this money will end up in the hands of jihadist Muslims who are sworn to destroy the U.S. and replace its government with Sharia law. As I said, not much to lose.

Sharia finance is a recent phenomenon. There were very few Islamic banks prior to 1980. However, with the Khomeini revolution in Iran in 1979, Sharia was summarily imposed throughout Iran and Sharia finance took off.

The dark side of Sharia
Sharia is the legal and judicial system of Islam that is brutally imposed on 41 Islamic countries around the world, plus the countries now in the process of being infiltrated such as the United States and Europe. It is the specific embodiment of the totalitarian ideology practiced by the Taliban, Iranian Mullahs and Saudi Wahhabists.

Sharia is perpetuated by claiming to have its roots in the Koran, but in fact it is mostly the product of Fatwa (rulings and dictates) made by Islamic mullahs, imams, scholars and caliphs over several centuries.

For non-Muslims, Sharia is best known for its medieval, harsh brutality. Many rulings handed down by Sharia courts have shocked the western world, for instance:
The December, 2007 “teddy bear” case in Sudan, where a British teacher was sentenced to 40 lashes and a year in jail for allowing her students to name their teddy bear “Mohammad.” Islamic mobs demonstrated in the streets and called for her execution.

The November, 2007 case where a 19 year old gang-rape victim in Saudi Arabia received a sentence of 200 lashes for riding in the car with her rapists.
In 2006, a 34 year-old mother was forcibly raped and ultimately tried and convicted of adultery, and was ordered to be stoned to death.

Sharia demands total and unquestioned submission.
Its subjects are told that Sharia is given by Allah and that whatever befalls them (good or bad) is Allah’s will. To question a judgment under Sharia (right or wrong) is to question Allah Himself and will only bring harsher punishment. If a person receives harsh punishment for something they didn’t do, the rationale is that Allah could and would have prevented it if that had been his will. This fatalistic and deterministic approach allows Sharia rulers to get away with virtually any thing that enters their head.

To the average western mind, Sharia is just a medieval, barbaric code that somehow survived to the 21st century. It flies in the face of western law, philosophy, liberty and freedom. Furthermore, it is the vehicle used to call for the complete destruction of the west, and in particular the United States of America, which then will be replaced by Sharia dictatorships.

How the banking rocket took off
At the behest of global trade moguls, numerous Free Trade Zones (FTZ’s) were created throughout the Islamic world that was full of windfall conditions.

For instance, the Dubai International Financial Centre (DIFC), is a 110 acre free trade zone that was founded in 2004 in Dubai, UAE. According to the DIFC website, participants will enjoy "zero tax rate on income and profits, 100 per cent foreign ownership, no restrictions on foreign exchange or capital/profit repatriation, operational support and business continuity facilities.”

And the payoff? A chance to enter and then dominate the Islamic banking industry. Such banking has over $1.5 trillion on the table today, and is growing at a steady and explosive rate of over 15% per year.

Islamic Financial Services Board Forum

The west is giving away the know-how, with gusto, to enable Sharia banking and guarantee its success throughout the world. And to what end?

For one, Britain’s PM Gordon Brown has pointedly stated that he intends to make London the Islamic finance capital of the world. Further, he pledged that in 2008 the British government will issue its own “sukuk”, or Sharia compliant bonds. Yes, government debt issued as Sharia compliant. Next will be the British pound and or the Euro with the eastern symbol printed on it, or worse yet, a picture of Allah. Moreover, the U.S. will follow, don’t laugh, we already have U.S. Christmas postage stamps commemorating Muslim holy-days.

At the June 13, 2006 Islamic Finance Trade Conference in London, Brown revealed,
"Today British banks are pioneering Islamic banking - London now has more banks supplying services under Islamic principles than any other Western financial centre."

Brown’s statements can only be taken as a challenge by the New York banking establishment to beat him to the finish line. It doesn’t matter who wins this race because the result will be the same: Sharia banking is quickly encircling the globe and in the process is forcing a de facto acceptance of Sharia law.

THE BOTTOM LINE: International bankers have long ago proven themselves to be completely amoral when it comes to money. Moreover, they do not care who runs the world as long as they hold the purse strings. They bankrolled the Bolshevik Revolution in 1918 just as blithely as they bankrolled Hitler in the 1930’s, fortunately for the people of the entire earth, and after bloody battles, neither succeeded in conquering the world.

I remember being amused back in the early 70s watching film clips of Arabs riding around in the desert with their limo’s and Mercedes Benz 300 SL’s, not realizing that all these western petro-dollars were eventually going to lead to our demise.

Weaving the Web
With Islam, the odds of its succeeding are much greater and radically different. To start with, there are already 1.7 Billion, (that’s Billion with a B) Muslims in the world, and at last count they fully control 41 countries. Islam is the fastest growing Nation in history. Yours would be too if the families in your culture had an average of 37,4 children per family. In addition unlike Christianity where the Bible says to go preach the good news. In Islam the Quran says if you infidels don’t become Muslim then you will lose you head, the population has a tendency to suddenly have an urge to get down on a rug and face the east. Secondly, the spread of Islam is richly financed by our own western addiction to the oil that is extracted from mid-eastern countries. Thirdly, Islam has already to some degree successfully infiltrated most of the culture, society, and governments in the west, Including the United States.

The unholy alliance between Islam and global banking may be the final leg on the age-old quest for global domination. Do not be surprised at the silence of the global elite the next time you hear Islamist mobs chant “Death to America” – their goals are now obviously intertwined. When you begin to see the crescent moon and the eastern star or the face of Allah printed on our dollars, it might be too late to say something to your representative…

de Andréa

Read more about the Muslim infiltration of the West
Click on these…
ALL FAITH ROOM?
Subtle Puzzles
Our Growing Islamic Congress
Where’s The Peace
London Terrorists

Our Islamic Media
Amerislam Part II
Barack Obama
UNCHECKED

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