The Plague Spreads: Kenyan Central Bank to Issue Sukuk
On May 7, 2010 · In Islamic Bonds, Islamic Finance, Islamization, Kenya, Sharia Compliant, Sharia Products, Shariah Bonds, Shariah Finance, SUKUK
Kenya has been targeted by the financial jihadists for some time now, as we have reported on SFW in the past:
https://shariahfinancewatch.org/category/kenya/
Now the government of Kenya has begun to embrace Shariah with the decision to issue Shariah-Compliant bonds, also known as Sukuk.
No doubt, the Kenyans bowed to pressure from Muslim money interests to become Shariah-Compliant in order to attract their capital. This is the trap that the financial jihadists set. Once a nation and a government begin to accept one aspect of Shariah, it paves the way for other aspects of Shariah to infiltrate.
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