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Keyword: shariafinancing

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  • CATHOLIC PARISH SELLS FORMER SCHOOL TO MUSLIMS --USING SHARIA FINANCING

    09/24/2017 9:45:36 AM PDT · by SeekAndFind · 11 replies
    RCR ^ | 09/23/2017
    I have said it before and I will say it over and over --if we are not living in the days which Christ promised to shorten for the sake of the elect, then I fear what is to come. Confusion is rampant, truth has all but disappeared, apostasy is manifest, and even those who are allegedly Christ's shepherds betray him on a daily basis. In the words of a wise and holy priest --"Today if a person doesn't have extensive theological training or at least access to a holy priest they are toast". FROM THE PROVIDENCE JOURNAL— "Rhode Island’s Islamic...
  • DOJ: Mexican Cartel Used Middle Eastern Honor System to Launder U.S. Currency

    10/04/2015 12:56:14 AM PDT · by george76 · 1 replies
    Breitbart ^ | 3 Oct 2015 | Ildefonso Ortiz
    Court documents filed in federal court claim that a suspected drug traffickers linked to Mexico’s Sinaloa Cartel used a Middle Eastern honor system to launder drug proceeds. Known as a Hawala, members of the conspiracy would be hired by cartel members in Canada and Mexico to move drug proceeds through the honor system that does not leave a paper trail as couriers move the money between countries. “Drug traffickers in Canada would generate drug proceeds from multi-kilogram and multi-pound sales and distribution of drugs provided by Mexican cartels, including the Sinaloa Cartel,” court records obtained by Breitbart Texas revealed. A...
  • Sharia-Compliant Financing Secured for Lux Condos, Islamic Museum Near Ground Zero

    05/22/2016 5:44:50 PM PDT · by Whenifhow · 42 replies
    Truth Revolt ^ | May 20 2016 | Tiffany Gabbay
    The developer of the ill-fated Ground Zero Mosque won't relent on his goal of planting a flag on the grave of 3,000 Americans. The New York Post reports that Sharif El-Gamal and his banking partners announced Wednesday that he secured "Sharia-compliant financing" to build a luxury condominium tower and an Islamic museum on the same site as the proposed Ground Zero Mosque -- four blocks away from where the Twin Towers once stood. The $174 million dollar project features a three-story Islamic cultural museum at 51 Park Place and 48 high-end residential condos in a 43-story tower at 45 Park...
  • Seattle officials join push for Sharia-compliant mortgages, loans

    07/22/2015 3:55:25 PM PDT · by Enlightened1 · 38 replies
    Fox News ^ | 07/22/15 | Barnini Chakraborty
    A proposal in Seattle meant to increase homeownership among Muslims by offering financing compliant with strict Islamic law -- known as Sharia -- is gaining ground in the latest test for local leaders trying to accommodate diverse religious beliefs. "We will work to develop new tools for Muslims who are prevented from using conventional mortgage products due to their religious beliefs," Seattle Mayor Ed Murray said during a press conference July 13. "Sharia," which comes from the Koran and means "the right path," prohibits the payment of interest -- the primary way lenders earn. Many of Seattle's 30,000 practicing Muslims,...
  • Sharia Law Loans in Seattle

    07/22/2015 4:17:23 AM PDT · by econjack · 28 replies
    Christian News ^ | July 22, 2015 | Heather Clark
    SEATTLE, Wash. — The mayor of Seattle and his housing committee have unveiled a plan to increase housing in the city, with a portion of the plan proposing the offering of Sharia law-compliant loans for Muslim residents. Among the number of ideas offered to make housing more affordable for Seattle residents is a segment that addresses Muslim beliefs, as Sharia law forbids usury for its adherents. “For our low—and moderate—income Muslim neighbors who follow Sharia law—which prohibits the payment of interest or fees for loans of money—there are limited options for financing a home,” the proposed plan reads. “Some Muslims...
  • UBS to Sell $25 Million of Islamic Convertible Notes in May

    05/10/2007 8:14:35 PM PDT · by jdm · 6 replies · 449+ views
    Bloomberg | May 10, 2007 | Shanthy Nambiar
    Per FR policy, Bloomberg is link only.Read article here.
  • U.S. Embassy sponsors Irish Muslim business conference: Imam calls for Sharia Law...

    10/08/2010 4:28:26 PM PDT · by Cindy · 27 replies · 1+ views
    U.S. Embassy sponsors Irish Muslim business conference: Imam calls for Sharia Law in all business dealings" SNIPPET: "There would seem to be a Constitutional issue involved here -- isn't the U.S. Government involving itself in promoting a religion via such a seminar? And what a surprise that that religion would turn out to be Islam. "U.S. Embassy sponsors Irish Muslim business conference: Imam calls for Sharia Law in all business dealings," by Patrick Cooper for IrishCentral.com, October 7 (thanks to Sr. Soph): The U.S. Embassy in Dublin has sponsored a seminar on Muslim entrepreneurs and business in Ireland. A main...
  • Sharia Banking Conquers Europe

    03/24/2009 7:21:35 PM PDT · by Squidpup · 21 replies · 735+ views
    The Brussels Journal ^ | March 24, 2009 | Thomas Landen
    All over Europe Islamic banks are establishing branches, Western banks are offering Sharia-compliant financial services, and European governments are trying to outcompete each other in welcoming them. Proponents of banking along the lines of Sharia (Islamic law) claim that the Islamic banking system is “more ethical” than the West’s capitalist system. This is not true. Unfortunately, however, in our age of crashing financial markets, many Westerners – not just the traditional anti-capitalist European left – seem very eager to buy that argument. Early this month, even the Vatican newspaper Osservatore Romano voiced its approval of Sharia banking. “The ethical principles...
  • OBAMA CONNECTED TO SUNRISE EQUITIES SCANDAL, PART ONE...

    10/18/2008 10:31:08 PM PDT · by Velveeta · 82 replies · 2,905+ views
    The Bench ^ | 10/17/2008 | Tom Mannis
    Background of the 2008 Sunrise Equities Scandal CHICAGO - Barack Obama has strong ties to a Chicago investment company that ripped off investors for a total of approximately $80 million. Sunrise Equities shut down in August when its CEO, Salman Ibrahim, and other top officers vanished. The money seems to have gone with them. Now, the Illinois Secretary of State and the FBI are investigating the scandal. About 150 investors, mostly Muslim, learned in August that they had lost all of their savings to the Sunrise Equities fraud. Sunrise Equities, a shariah-compliant investment firm, targeted investors who were mostly Pakistani...
  • Where is Salman Ibrahim [+ OBAMA CHICAGO CONNECTION]

    09/18/2008 7:27:24 PM PDT · by Velveeta · 56 replies · 3,915+ views
    Chicago Journal ^ | 9/17/2008 | Lorraine Swanson
    The disappearance of the CEO and president of a Shariah-compliant investment firm has left many in West Ridge's Indo-Pak community wary and in turmoil. Concerned when monthly profit checks from Sunrise Equities stopped arriving in August, no one has seen or heard from the firm's CEO, Salman Ibrahim. Ibrahim has not returned investors' phone calls. Phone calls to the firm's office at 6355 N. Claremont, and its downtown affiliates, Sunrise Development Inc., have also gone unanswered, leaving many of the firm's mostly Muslim investors wondering where Ibrahim and other corporate officers have gone. "[Ibrahim] stopped paying the monthly installments," said...