It was bound to happen.
Shariah-Compliant Finance is spreading to the four corners and it was inevitable that one of the world’s largest and fastest growing markets, China, would be included.
The spread of Shariah-Compliant Finance has been made all the more inevitable by the fact that China is now the second largest importer of oil in the world and is becoming heavily dependent on Middle Eastern oil. China does a tremendous amount of business in and with Iran and is the main source of foreign investment in Sudan, two countries who are serial Jihadist terrorism sponsors and ruled under Shariah law.
Dependence on oil from the Middle East gives countries like Iran and Saudi Arabia tremendous leverage and we’re certain that China was all too eager to invite this type of “missionary work” into their sphere of influence.
What will become of this is still to be seen, but it is bad news for Western civilization for a few reasons:
• Shariah will continue to be spread to, and gain acceptance by, more and more people in the world.
• Zakat payments to Islamic charities will increase. This inevitably means that Jihadist groups like Al Qaeda, the Taliban, Hezbollah, HAMAS and others will be getting more funding, given the several dozen Islamic charities in the world which have been tied to terror funding.
• The influence of horrible people like the Shariah “scholars” Mufti Taqi Usmani and Sheikh Yusuf al-Qaradawi will expand. Both of these influential Jihadists are enemies of the West.
Here’s the announcement about Shariah-Compliant Finance heading to China: