Dr. Rachel Ehrenfeld & Alyssa A. Lappen in Human Events ask: “Why are Western banking and financial officials and regulators playing into bin Laden’s hands?”
“A universal Islamic banking system is a jihad worth pursuing to abolish this slavery [to the West],” former Malaysian Prime Minister Mohamed Mahathir told a banking conference in Kuala Lumpur in November 2002. The conference was convened following the 9/11 attacks on the U.S. “to absorb the 11 September shock and reinforce the stability of Islamic finance.” Representatives of nine Islamic nations gathered to set up an Islamic Financial Services Board (IFSB) to “act as a global authority for Islamic banking and finance” and to compete with secular U.S. and international banking regulatory agencies.
Since 2002, internationally and domestically the Islamic impetus to impose Sharia-governed banking on the West has only increased.
Today, the Lariba American Finance House, based in Pasadena, California, operates its Islamic banking services in 28 states, modeled on the Sharia’aa Foundation guidelines of “His Eminence” Sheikh Yusuf al Qaradawi. The good sheikh endorses suicide bombing, wife-beating””and attacks against America. Lariba also sells Islamic mortgages to Fannie Mae.
In the investment markets, Dow Jones has since February 1999 operated the Dow Jones Islamic Markets indexes, which measure the market activity of “shariaa compliant” stocks. Advising the financial news organization on Sharia is a Board whose members include Syria’s Abdul Sattar Abu Ghuddah, Pakistan’s Taqi Usmani and Yusuf Talal DeLorenzo of the United States.
Abu Ghuddah and Taqi Usmani are also on the Shari’a Board of Al Baraka Investment and Development Corporation. The victims of 9/11 allege that this bank financed al Qaeda; although charges against the bank were dismissed, the victims contend that the bank, together with Saudi officials and businessmen, facilitated the attacks on America.
DeLorenzo is a member of the Fiqh Council of North America (FCNA), which according to Investigative Project Director Steven Emerson, harbors many terror-sympathizers.
And was responsible for the recent bogus fatwa condemning terrorism.
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