Posted on 02/27/2009 3:06:20 PM PST by LSUfan
Two days ago we linked to an article about financial giant HSBC’s continued and growing embrace of Shariah-Compliant Finance.
Today we would like to elaborate on HSBC’s connections in this area by focusing on the firm’s close ties to a creepy Mufti who has no business being associated with any respected Western financial institution.
HSBC has one of the most extensive Shariah advisory boards in the entire financial services industry.
But our focus today is on the name atop HSBC’s Global Shariah Advisory Board: Muhammad Taqi Usmani.
To be sure, Usmani is one of the most prolific Shariah scholars in the world of finance. He receives compensation from dozens of banks and investment firms, including Saudi American Bank, Citi Islamic Investment Bank, and Guidance Financial Group in the USA.
Before cashing in with the private sector, Usmani was a Shariah judge on the Supreme Court of Pakistan for 20 years.
Usmani is also a complete Jihadist.
(Excerpt) Read more at shariahfinancewatch.org ...
“Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBC’s international network comprises over ...”
http://www.hsbc.com/1/2/about-hsbc
And soon they will be here in the USA, buying up banks that are vulnerable to take over bids.
Avoid them like the plague.
US Ops:
http://www.us.hsbc.com/1/2/3/personal?home=personal
They are all over Asia. I saw many branches in Japan.
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