The Central Bank of Bahrain brings Shariah Finance to Australia with an Offshore Fund
Hyperion Asset Management, a Brisbane, Australia-based money management firm is the responsible party for allowing the camel’s nose to get under the tent in Australia.
“We are delighted to welcome the Hyperion Australian Equity Islamic Fund to Bahrain,” said Economic Development Board chief executive officer Shaikh Mohammed bin Essa Al Khalifa.
“This reflects the growing international appeal of Islamic finance, an ethical investment sector that has drawn interest beyond Muslim countries.”
This passage demonstrates vividly the fact that the financial Jihadists have targeted non-Muslims in seeking to spread Shariah Finance.
Another point to be made here is that the structure of this deal through Bahrain’s central bank demonstrates how Shariah-Compliant Finance is a centralized economic system diametrically opposed to principles of free enterprise…