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Jihad Comes to Wall Street
American Congress for Truth <americancongressfortruth@donationnet.net> ^ | 04/07/08 | Alex Alexiev

Posted on 04/07/2008 11:19:00 AM PDT by yellowroses

If you’ve seen Geert Wilders’s film Fitna, you may not foam off the ocean of petrodollar liquidity in the Middle East, and put it to good use.

(Excerpt) Read more at article.nationalreview.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: jahad; sharia; wallstreet

1 posted on 04/07/2008 11:19:01 AM PDT by yellowroses
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To: yellowroses

I wonder how Wall Street views this... Do they even consider these type of subversive activities as prohibitive, or do they only consider the bottom line of “profit”?


2 posted on 04/07/2008 11:22:13 AM PDT by yellowroses (a Yankee in Texas)
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To: yellowroses
Your excerpt is misleading:
If you’ve seen Geert Wilders’s film Fitna, you may not have noticed a single headline amongst all the bombings, beheadings, and earnest expressions of Islam’s eventual world domination: Halal-fund: investments for Muslims. But the investment vehicles referenced are an essential part of radical Islam’s efforts to insinuate itself into Western societies in order to destroy them from within. And Wall Street, barely out of the woods from its disastrous run-in with sub-prime mortgages — and having lost one of its historic investment houses, Bear Stearns, in the process — is now chasing the very kind of “sharia finance” against which Wilders's movie warns, a business line that may eventually wind up being even more calamitous than the subprime-mortgage fiasco.

For the growing army of its acolytes, who salivate at the prospect of tens of billions of dollars in transaction fees from the burgeoning industry, sharia-compliant finance is seen as little more than a cuddly Islamic version of socially conscious investment — with ethical strictures forbidding usury and sin industries, and emphasizing charity. Indeed, a conference on the subject last Fall co-sponsored by the Wall Street Journal was titled just that: “Islamic Ethical Investment.” According to this rosy interpretation, sharia finance is a windfall for capital markets — allowing Wall Street to skim some foam off the ocean of petrodollar liquidity in the Middle East, and put it to good use.

Fixed.

3 posted on 04/07/2008 12:02:21 PM PDT by snarks_when_bored
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To: yellowroses
Photobucket
4 posted on 04/07/2008 12:06:35 PM PDT by xuberalles ("Barack Obama: Change Is A Dime Bag!" http://www.cafepress.com/titillatingtees.225246874)
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To: yellowroses

You can add Fried Chicken to the Sharia list.

This is on Wikipedia:

Church’s was owned by AFC Enterprises, along with Popeyes Chicken & Biscuits and Cinnabon through the end of 2004, when it was sold to Arcapita (formerly Crescent Capital Investments). Because Arcapita is an Islamic venture capital firm, bacon was removed from the menu after the sale (pork not being halal).


5 posted on 04/07/2008 1:02:22 PM PDT by lodi90
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To: lodi90

In the ghetto nabes in Northern New Jersey and NYC, there is a chain called “Kennedy Fried Chicken” that advertises itself as halal, even though most of the customers aren’t muslim.


6 posted on 04/07/2008 1:04:31 PM PDT by Clemenza (I Live in New Jersey for the Same Reason People Slow Down to Look at Car Crashes)
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