Description

Shari’ah Law is the totalitarian legal system that Islamists believe should govern every aspect of humanity in a global theocracy. Theoretically upon establishment of an Islamic one-world government, Shari’ah would be the basis of all law. Leading Islamic scholars and practitioners explicitly acknowledge Shari’ah financing as complementary to violent jihad, with the main purpose to promote Shari’ah law. For this reason, Islamists see Shari’ah finance as “financial jihad.” Advocates of Islam define the Islamic agenda as a complete socio-political system encompassing both personal and private life that for Americans, would mean the loss of many freedoms we enjoy today.

Many large banks in America now offer Shari'ah compliant financial products. The U.S. Treasury Department is aware that Shari'ah financial institutions have supported terrorism, yet on November 6, 2008 the U.S. Treasury Department and the Islamic Finance Project of the Harvard Law School, hosted a forum entitled “Islamic Finance 101.” Presented only two days after the 2008 Presidential Election and in the midst of the 2008 financial crisis, the forum was an effort to train government employees on Shari’ah-compliant finance (SCF). Its purpose was to introduce and educate the Treasury Department staff, U.S. banking regulatory agencies, Congress, Department of Treasury, and other parts of the Executive Branch on Shari’ah finance