Archive for November 13th, 2008
U.S. Interest in Shariah Finance Opens Dangerous Doors, Critics Say
Shariah-compliant banking, sometimes called Islamic banking, is growing in popularity in the Western and Islamic worlds. But critics say American interest in the system at a time of economic crisis is opening the door to increased Islamic influence in the American banking system. Worse yet, some fear the banks may be helping to finance international [...]
Posted: November 13th, 2008 under World News.
Tags: amana mutual funds trust, american banking, american interest, american investment, apple computer inc, azzad, campaigning, charles schwab, compliant companies, countries, democracy, dow jones, fear, founders, frank gaffney, international terrorism, islamic banking, islamic index, islamic influence, midcap fund, money, Muslim, Obama, personal practice, presidency, president, prisoners, seamless program, Shariah banking, Shariah Finance, southwest electric co, spokesman, td ameritrade, western digital corp
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