Back to the fluff pieces on Shariah-Compliant Finance
Just when we were glad that some in the media were taking a critical look at Shariah-Compliant Finance, Barron’s comes up with a real stinker–an article which amounts to a celebration and promotion of Shariah.
As usual, this occurs without the article actually ever defining Shariah or identifying any of its characteristics.
This probably should not come as a surprise since Barron’s is part of Dow Jones, the same Dow Jones that employed the infamous Taqi Usmani as chair of its Shariah advisory board and only canned him after it became public that he had written a book promoting Jihad and Islamic supremicism. Oh, and they also affiliated themselves with the North American Islamic Trust (NAIT), an unindicted co-conspirator in the Holy Land Foundation case. Here’s a link with some reminders of those revelations from the good folks at Investor’s Business Daily…
I wonder how Ian MacDonald, John Hathaway and Russell Lucas would like to live under the Shariah that they are so gleefully promoting? And now the World Gold Council, which only in recent years washed off the stink of apartheid in South Africa, seems determined to replace that oppressive doctrine with Shariah as a business plan…