Spanish-based Allfunds bank has signed on to the financial jihad with their announcement that it has launched an “Islamic Services Unit.” The bank offers 80 Shariah-compliant funds to investors in Spain, Italy, Chile, Luxembourg, the United Kingdom and 17 other countries.

Allfunds’ Islamic Services Unit was created with a fatwa issued by a Shariah advisory board in Dubai supplied by Amanie Dubai, a Shariah consulting firm that now provides turnkey Shariah advisory services. Such a turnkey system is very likely to promote Shariah-Compliant Finance in the Western world…


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