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Supporting financial jihad

Posted by Richard on May 20, 2010

In Supreme Court nominee Elena Kagan's thin resume, Frank Gaffney found evidence of something troubling (emphasis added):

It turns out that, at the very moment Ms. Kagan was pushing aggressively to remove military recruiters from the Harvard Law School campus during her tenure as its dean, she was very supportive of having what amounted to Saudi recruiters ensconced there for the purpose of enlisting some of the nation’s finest young lawyers to work for the industry known as Shariah-Compliant Finance (SCF).

The first insight this record suggests is that Ms. Kagan’s true motivation in barring the armed forces was, indeed, an animus towards the military, rather than concern about its supposed mistreatment of homosexuals.  After all, the theo-political-military-legal code that authoritative Islam calls “Shariah” and that is the law of the land in Saudi Arabia is infinitely more homophobic than the Pentagon’s efforts to enforce the U.S. statute that prohibits avowed gays and lesbians from serving in uniform.  The former requires the murder of homosexuals; the latter simply kept them out of the ranks.

Ms. Kagan’s troubling tolerance of Shariah would, of course, have vastly more far-reaching implications should she reach the Supreme Court.

The promoters of Sharia-Compliant Finance and their dupes in the media explain it with some hand-wavy blather about not charging interest and not investing in "impure" things like alcohol and pork. But it's much more than that, and it's a 20th-century invention.

Sharia-Compliant Finance was created by the Muslim Brotherhood in the 1940s as another tool to promote its goal of imposing radical Islam throughout the world. To be Sharia-compliant, you have to pay the zakat — a "charitable" donation that, more often than not, ends up in the hands of organizations promoting jihad or trying to rid the world of Jews. The Holy Land Foundation, a Muslim Brotherhood front group convicted in 2008 of conspiring to fund terrorist organizations, was an example. 

To be Sharia-compliant, you also have to get the approval of a "Sharia authority": 

Unfortunately, every one of such individuals embraces not only the supremacy of authoritative Islam’s Shariah.  Without exception, they aspire to its ultimate objective: a global theocracy in which a ruler (the “Caliph”) governs in accordance with Shariah.

Thus, the coterie of Shariah authorities now employed by most of the Western world’s financial institutions – including many in the United States – unfailingly champion a seditious program that has at its core the overthrow of the alternative legal systems like the U.S. Constitution and the government it empowers.

One of the most prominent of these authorities is Sheikh Yusef al-Qaradawi who sits on numerous SCF advisory boards and those of Persian Gulf sovereign wealth funds.  He also has his own television program on Al Jazeera, which he uses week after week to inveigh about and call for violence against infidels, the United States, Israel, apostates and, yes, homosexuals. Interestingly, Qaradawi has called zakat, the Muslim charitable donation required by SCF, a form of “financial jihad.”

According to Gaffney, Kagan's promotion of a Sharia-compliance project at Harvard helped the proponents of financial jihad gain significant power and influence in the finance industry and in government regulatory agencies.

Government involvement in promoting Sharia is the subject of a pending federal lawsuit. The Supreme Court may one day be asked to rule on whether such government promotion of Islamic law violates the Establishment Clause. Care to speculate on how a Justice Kagan, who helped make Harvard University "a major beachhead of Shariah in America," would vote in that case?

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