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The Facade, Fascism & Fraud of Islamic Banking Insidious; blueprint is Sedition, Conversion and Ultimate Jihad for

Darul-Islam. Since times immemorial different Civilizations and Societies evolved their own Social, Governance, Administrative, Defence, Legal, Business, Economic and Banking systems for its progress& prosperity. In History, many Banking Systems from different communities have in force at different places and at different times. Now with Central/federal system we can not let all these system run, or clash. As a Nation Bharat can not have different Defence Establishments, Different Armies, Navies or Air Forces for Different Communities, Races, Religions or Sexes. Such dissection is against the very Concept of Nation. Nor can different/divisive, independent & Parallel Banking, Currency, Fiscal Policy for different Religions or Casts. While Nationalist and Rational thinkers are trying, to achieve equality among all citizens, by advocating 'One Nation One Constitution' and Uniform Civil Code' model. On the other hand some agents, who are also socially respectable and acceptable citizens, hailing from a particular background, are behaving as, 'White Collared Jihadis' , by rising the demand for Separate(ist) Islamic Bank(ing). Next demand could be 'Community Based Currency'. In-fact it is quite possible, even without actually Printing or Naming it as Separate(ist) Currency, the 'Separate Currency* Goal' would be archived, through 'Religion Based Closed Circuit Instruments' like Bonds, Promissory Notes, Shares, Earning, Certificate, once this compartmentalized fiscal System is there. Closed Circuit Transaction and Exchange as per Shariat law through Islamic Banking would be legal. This legally (forced) accepted resolution or manipulations will legalize execution of Hawala, Jihad Funding and Financial baiting and bait. Once Islamic Banking or this Separatist Currency (declared so/ or not) is achieved. Then the need, cost and risk of illegal Transfer/Hawala Fake Currency and cumbersome management of Finance for Terrorists/Jihadis will not be there. As it will be legal license, for illegal activities. Jihad, Silent Jazzy, Conversion and re-partition and take over. Such Kind of Bank(ING) is the surest and shortest way to Disintegrate and Finish our Nation and a Civilization. Demand for Islamic Banking is Sedition and Acceptance Suicidal. No doubt every Community and Individual has own aspirations and those must be fulfilled in a democratic Nation like ours. Like we have one Railways Bhartiye Rail, all trains run under it, off course for different Festivals, Pilgrimage or Occasions railways run special trains e.g. for Urs special trains ply to Ajay Meru/Ajmer, or special trains and facilities are there for vacationers and students. There is and cannot be any objection to that. But in case commuters form a pressure group on communal or any other basis, want to run trains on their own, managed and own by their closed/communal, homegrown parallel establishment, that is not permissible or possible in any sovereign country. Similarly any Social, Neighborhood, Professional, group can form a co-operative, private Bank or NBFI but with in the Ambit, Principals, Rules and Guidelines of RBI and with in the Constitution of India. Any separatist banking is disharmonious, disintegrating and the system or concept is itself is incendiary divisive. If anyone wants to reap 'Banking Business Profits', but is against the naming it as 'Interest' because of his or her own reasons, in that case Government, Banks and concerned/hyper Group and Language Experts can work together, to coin a different acceptable sugar coated word for 'Interest'. But a different, disharmonious, conflicting, closed and communal, parallel Banking System can not be adopted for someone's Allergies, Mythological Fantasies or Fears. More over now a days M.F.s, Chit Funds, Thrift Societies and numbers of other systems and institutions that are legal, rational, realistic, non-discriminatory, time-proved and acceptable. These Institutions issue different Instruments like Certificates, Assurance Bonds etc. that ensure Profits from 'Banking/Money Management' and do not use Unholy Word Interest. The (objection-ed) Head or Account is put under some other name and not Interest. So the Allergic to word 'Interest', can opt for any other name as Assured Returns, Time Guaranteed Fixed Income Recurring Cheque, Hundi, Promissory Note. But Nothing Like Islamic Banking, Jain Banking Laws, Jew System, Arya Vyapar, Dravid Mudra, or Khalsa Vyapar Maryada. In nutshell Demand for Islamic Banking is Sedition and Acceptance Suicidal.

Sycophants, anti-Nationals and Liberal Image Hungary should behave properly and instead of surrendering to absurdities they should tell Islamic Banking Supporters to stop it, or quit India. The self declared Seculars as true friend should advice of Lunatic Radicals to visit Mental Hospital. Why is Shariah Bank Needed? Myth: Muslims are not getting justice from Preset Banks. Fact 1: Its Islam that is Preventing them and not Banking law or any Bias. On the contrary, now days many privileges are granted to Minorities and the biggest chunk of it is grabbed by Muslims. Fact 2: The ratio of deposits by Muslims and loans issued by Banks to is more than to any community. Fact 3: Banks check documents and authenticity of the projects proposed, document submitted by Muslims in comparison to others are most of the times, incomplete, ineffectual, false, bogus, malafide Fact4: High Crime Rate, Pending cases is impediment for getting loan. Fact 5: The Education, Training, and other criterion for loan that works are against them. Fact 6: Recovery is doubtful. Banks ratio recovery is lowest from Muslims and their loan to them ends up as bad-debts more than others loans given to others. How Islamic Banking works and Where money is used?1. Loans only for Halal Business and Purpose (Religiously Permissible or Justified according to Islam). a. For Jihad, to Finance war against Infidels. b. To build Mosques and Madarsas, Support Conversions to Islam, Love Jihad, Cultural Jihad. c. To Finance Muslim business and establishments. d. To support State where it supports Muslims and denies financial or other assistant to infidels/non-Muslims. Simple Questions 1. Would Banks governed by such system finance a Breweries Factory? Answer: For sure NO, O.K. liquor is not good. 2. Would it finance a Jhatka Meat Plant which is though against Sharia, but is found a viable project? Ans. For sure NO. 3. Would it finance a Pharmaceutical Plant that uses alcohol for making or processing Medicine? Ans. Big NO. 4. If a Pharmaceutical company which is not using alcohol and gets loan from such bank later finds another formula which makes more effective and produce life-saving medicine but alcohol is required. Can they change processing method or for adding another product or improving? Ans. The management could be charged with cheating, fraud, blasphemy and stoned to death. 5. Would it Finance an artisans? Who make Idols to be Worshiped? Ans. Forget Loan the Artists Deserve to be Stoned to Death. 6. Would it finance a Publishing House that publishes a book containing Darwin Theory, or some research work that does not stand scrutiny to Islamic viewpoint, If NCERT adds some Paragraph, somewhere like Darwin theory, what should poor publisher do? Ans. He should not print it, even he is through agreement bound to do so. Commitments, Business Ethics, Legal Implications, Losses, Personal Goodwill and above all career of students both Muslims and Kafir is meaningless, Will of Maulvi shall Prevail. 7. Would Publishing House that prints Holy books for Jews or Hindus or Atheism be financed? What if it gets printing order latter? Ans. Financial assistance should be provided to, any Gazzi who burns such Media Houses/Publications and kills Authors, Printers and Editors. 8. What if a company employs some new expert who is Kafir, Women, Gay, or Drinks or existing employ is falls from Grace? Ans. It is duty of company to tap Personal, Social and Religious activities of its Shareholders, employees, suppliers, agents and clients. Make Sure they follow Mullahs Will. Keep bank and Mullahs informed about them. 9. Would it finance a Hotel that has Ball Room, Bar, plays Music and opens serves every one without any discrimination including Muslims 24 Hours even During Ramzaan/RamDaan?

Ans. Such Hotel should be blown to pieces. Moreover, Maulvis Think Tank is planning to change spelling of RAM-jaan 10. Would it accept deposit or open account of a Nursing Home that is owned by a Jew or Hindu and administers medicines that are alcohol based? Ans. No. 11. A Muslim owned Nursing Home Nursing and possesses Hearse Van that carries bodies to Cremation Ground, in other words facilitates in burning of the Dead, would it be financed? Ans. No Burning of Dead is Un-Islamic and facilitating it by Muslim is even Greater Sin. 12. Would a Muslim owned and Islamic Banking Funded Hospital be allowed to admit Kafirs? Ans. No, not even in emergency, if in a Kafir is admitted and dies, Hearse Van has to Dead to Cremation Ground? 13. A Hospital in which Male doctors see Female Patients and vice-verse and is running successfully but is not Sharia-compatible, should it be financed for further expansion, even it submits viability report, collateral security. Ans. No, Such Hospitals are House of Shaitan. Female patient can not be examined by male doctor emergency or otherwise. 14. What if whole Business House or its share is to be sold and Hindu or Jew or Sikh or Atheist is buyer but Business is financed or Pledged with such a Bank? Ans. Take Money but dont part with your share, the money given by them is their duty in form of Jazia; Kafirs Property is to Confiscated anyway. So they are duty bond to fund Muslim owned hospital, but have no right to use it. Now who needs such Banking? Not the Poor, not the rich, neither Kafirs nor the Muslims, neither State nor the People. Who are People Behind it? Sunni Islamic worlds foremost Shariah scholar, Sheikh Qaradawi Yusuf al. who sits on the board of some major financial institutions. He has been banned from travel to the United States and the United Kingdom for his financial ties to Jihadist terrorist organizations. Qaradawi also founded the Islamic American University and started the US-based web site Islamonline. He runs a charity organization based out of Saudi Arabia known as the Union of Good, which the US Treasury Department has designated a terrorist entity. Then there is Pakistani, Mufti Taqi Usmani, who is probably the most influential Shariah scholar in the financial world. Until his hateful, Jihadist militant credo was exposed to the public, Usmani headed HSBCs Shariah council as well as that of Dow Jones. (This shows how clueless and reckless the financial world actually is when it comes to true due diligence on Shariah-Compliant Finance.) Usmani is still the chair of the Accounting and Auditing Organization for Islamic Financial Institutions, one of the major industry bodies. This makes Usmani one of the most powerful men in the world of Shariah Finance. Usmani 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 a complete Jihadist. In September 2001, Usmani is a prolific writer in Urdu, Arabic and English, having published dozens of books and countless articles. Among his books available in English is a vitriolic attack on Christianity called What is Christianity and a broadside against the West and modernity called Islam and Modernism. Here is one particularly revealing quote from Islam and Modernism: Killing is to continue until the unbelievers pay jizyah (subjugation tax) after they are humbled or overpowered. Usmani is well-known for his uncompromising views on the mandatory nature of conducting offensive jihad against non-Muslims in order to establish the supremacy of Islam worldwide. Usmani also complained bitterly at the lack of martyrs to combat American forces in Iraq: No one is found having any desire of Shahadah (martyrdom). How many mothers are there who want to sacrifice their sons for the cause of Islam? How many sisters are there who want to say goodbye to their brothers departing to wage jihad against non-believers? Usmani referred to Non-Muslims in Iraq as stinking atheists and the worst ever butchers and vultures of the world who are clawing off the flesh of bodies of innocent Iraqi Muslims. According to what Usmani has said and written, aggressive jihad against unbelievers is an Islamic obligation and, as such, does not need any justification. For a nonMuslim state to have more pomp and glory than a Muslim state itself is an obstacle, therefore to shatter this grandeur is among the greater objectives of jihad. For Taqi Usmani, offensive jihad can be postponed for a time only in cases when the Muslims in question are

not strong enough to battle or otherwise challenge the infidels. And so, he advises the Muslims to live peacefully in countries like Britain, for instance, but only until they gain enough power to carry out jihad. Under Pakistani dictator General Zia al-Haq (1977-1988), himself a zealous advocate of Shariah, Usmani played a key role in the introduction of the Shariah-based punishment code known as the Huddud Ordinance, as well as blasphemy laws and other Shariah injunctions, to the huge detriment of Pakistani justice and civil liberties. Record Number of Hindus suffered during that time. The council has the power to reject investment opportunities if they arent Sharia-compatible or if they stop being Shariacompatible anywhere along the way. Passage suggests that if an investment becomes nonShariah-compliant the Shariah scholars just withdraw the investment. This is not at all the case. In such situations, the investment is not only withdrawn, but the amount invested must also be purified. The purification process involves donating the funds to zakat to fund Islamic charities. As regular readers of Shariah Finance Watch know, one of the eight destinations for zakat under ALL of the Shariah schools of jurisprudence is those fighting in the way of Allah. The most authoritative source for such information is a book which is available on Amazon called The Reliance of the Traveler, A Classic Manual of Islamic Sacred Law. That book has a whole section devoted to the rules of zakat, including THE EIGHT CATEGORIES OF RECIPIENTS. On page 272, section h8.17, one category is labeled: THOSE FIGHTING FOR ALLAH The seventh category is those fighting for Allah, meaning people engaged in Islamic military operations for whom no salary has been allotted in the army roster (O: but who are volunteers for jihad without remuneration). They are given enough to suffice them for the operation, even if affluent; of weapons, mounts, clothing, and expenses (O: for the duration of the journey, round trip, and the time they spend there, even if prolonged. Though nothing has been mentioned here of the expense involved in supporting such peoples families during this period, it seems clear that they should also be given it). This passage, from this widely-used Shariah text seems to have been written expressly about zakat payments to charities which have funded Al Qaeda, HAMAS, Hezbollah and the Taliban. Note from the passage that such payments are meant specifically for irregular forces that are not part of any army roster, which describes terrorist/guerilla/insurgent groups exactly. Note that they are meant for Islamic military operations and not secular groups (i.e. HAMAS and not the Popular Front for the Liberation of Palestine-General Command). Note that such payments are made even if the recipient is affluentlike Osama Bin Laden. And, finally, the families of fighters are to be taken care of, such as payments by Saddam Hussein and Saudi princes to families of Islamikaze bombers in Gaza and the West Bank. Bank Melli of Iran, which we have written about extensively on SFW. Bank Melli is the worlds largest Shariah-Compliant Financial institution. Bank Melli has also been sanctioned by the US, the EU and Australia for its finance operations in support of Irans ballistic missile program and support of terrorism. an executive with a Malaysian Islamic Bank handing over a zakat payment to a zakat official with the Malaysian government. At this point we dont know if a portion of that money will end up supporting violent jihad. In the past, Malaysia has not been implicated in such activity, though government officials have from time to time been quoted as making some disturbing statements about Jews and Islamic supremacy. Nevertheless, the fact remains that, in all four schools of Islamic jurisprudence under Shariah, the seventh either required or acceptable destination for zakat is Those fighting for Allah. This is spelled out very clearly in Islamic law texts. This is probably why so many Islamic charities have been revealed to have funded Jihadist terrorist organizations. All too often, the destinations of zakat payments are to Jihadists, simply because Shariah mandates it. Islamic Banking: Real Business Viability or Islamic Fooling Machine Marketing Stunt? Islamic Banking System is not viable, this is why Qatar has had to bail out its banking system, which is almost entirely ShariahCompliant. The UAE and Iran have both had to float conventional bonds to raise money. Stock markets throughout the Islamic worldQatar, UAE, Saudi Arabia, Egypt to name a fewwere all down sharply in February. Issues of sukuk, or Islamic bonds, were down 37% in Q1 2009 as compared to Q1 2008. Origin and Utility of Mythical Absurd.It was a cognitive factor to declare every contemporary system, as evil, erroneous, blemished, and not according to wish of Allah. Competing with the tamed (un)professionals from the other faculties, the chosen banking

(un)professional had a pressing need to prove themselves worthy and replace at once, the banking system of the day. Even if this system was better substitute than the system of those times, which was barter, trading tribes dominated or localized i.e. selling and buying of Dates and Rams or Camels. It is not totally outdated and unfit for present day and is nothing more than mythical absurd. Then who supports it, needs it, and why? 1. Hypnotized Lunatics support it because they live in fools paradise. 2. Radicals and terrorists need it, because they need Economic Safe Heavens, unaccounted and unaudited finance. They want to strengthen economics of Muslim World and demolish other economies. This way Kafirs could be marginalized, be financed on embracing Islam. As per Islamic Law, Muslim can sue Non Muslim, but non Muslim cant sue Muslim. Evidence/version/ witness(truly speaking, the benefit) of Muslim shall prevail over that of Non-Muslim. Reason, contract terms, rationality or natural justice and prevailing law of the land have no scope in this system. 3. Mullahs who want more and more Absolute Divine Terrorizing Authority to implicate, Punish or Murder any one. As one can be stoned to death for violating Shariat Law and council has the power to reject investment opportunities if they arent Sharia-compatible or if they stop being Sharia-compatible anywhere along the way. So Any Loan taker, who at any stage is suspected by Maulvi or Council of not having used loan/fund provided according to Sharia-compatible method. Depositor can be implicated for not having earned money according to Sharia. Staff is also liable for not keeping check before or even after having deal with such bank. Project viability, Goodwill, Expertise, and guarantees are immaterial, women, Homos and infidels can not be entertained, and further any transaction with them is also punishable. So the Moral of the story is : 'Demand for Islamic Banking is Sedition and Acceptance Suicidal, Nip the Evil in the Bud. Put any such Proposal to Dustbin and its Sponsor to Death as per Law of the Land and Principle of Natural Justice.