Linked below is an article by a financial jihadi posing the question “Is Islamic finance a failure?”
As you might expect, the answer turns out to be “no,” which, given the author’s background should come as no surprise.
This is a common tactic of the financial jihadis; build a straw man and then proceed to burn him down.
The author is a guy named Oliver Agha. Agha is typical of many of the financial jihadis in our midst. He’s a New York educated and formerly-based lawyer who has decided to specialize in Shariah. Now he works out of the UAE.
Most importantly, he is on the board of the Accounting and Auditing Organization of Islamic Finance Institutions (AAOIFI), an organization we have profiled here on SFW in the past:
AAOIFI has been going to great lengths to gain control of Shariah Finance globally and has a Shariah Advisory Board of its own:
Note that the Chair of that Board at AAOIFI is none other than Mufti Taqi Usmani.
To be sure, Usmani is one of the most prolific Shariah scholars in the world of finance. He receives compensation from dozens of banks and investment firms.
Before cashing in with the private sector, Usmani was a Shariah judge on the Supreme Court of Pakistan for 20 years.
Usmani is also a complete Jihadist.
In September 2001, Usmani was part of a small delegation of clerics known to be sympathetic to the Taliban in Afghanistan and travelled there to ostensibly convince Mullah Omar, the leader of the Taliban, to turn over Osama Bin Laden to the United States. Information leaked later by some of the clerics present at the meeting indicates that the delegation may have, in fact, tried to stiffen the Taliban’s will to resist.
Usmani is a prolific writer in Urdu, Arabic and English, having published dozens of books and countless articles.
Among his books available in English is a vitriolic attack on Christianity called “What is Christianity” and a broadside against the West and modernity called “Islam and Modernism.”
Here is one particularly revealing quote from “Islam and Modernism:”
“Killing is to continue until the unbelievers pay jizyah (subjugation tax) after they are humbled or overpowered.”
Usmani is well-known for his uncompromising views on the mandatory nature of conducting offensive jihad against non-Muslims “in order to establish the supremacy of Islam” worldwide.
Usmani also complained bitterly at the lack of martyrs to combat American forces in Iraq:
“No one is found having any desire of Shahadah (martyrdom). How many mothers are there who want to sacrifice their sons for the cause of Islam? How many sisters are there who want to say goodbye to their brothers departing to wage jihad against non-believers?”
Usmani referred to Americans in Iraq as “stinking atheists” and “the worst ever butchers and vultures of the world” who are “clawing off the flesh of bodies of innocent Iraqi Muslims.”
According to what Usmani has said and written, aggressive jihad against unbelievers is an Islamic obligation and, as such, does not need any justification.
“For a non-Muslim state to have more pomp and glory than a Muslim state itself is an obstacle, therefore to shatter this grandeur is among the greater objectives of jihad.”
For Taqi Usmani, offensive jihad can be postponed for a time only in cases when the Muslims in question are not strong enough to battle or otherwise challenge the infidels. And so, he advises the Muslims to live peacefully in countries like Britain, for instance, but only until they gain enough power to carry out jihad.
Under Pakistani dictator General Zia al-Haq (1977-1988), himself a zealous advocate of Shariah, Usmani played a key role in the introduction of the Shariah-based punishment code known as the Huddud Ordinance, as well as blasphemy laws and other Shariah injunctions, to the huge detriment of Pakistani justice and civil liberties.
That a guy like Agha has risen to such prominence in American legal and financial circles should be a concern to us all. Note that his law firm describes itself as “The First Shariah Compliant Law Firm:”
Here is the link to his article written for Reuters, “Is Islamic Finance a Failure?” but it really isn’t worth reading given what we know about the author’s associations, unless you would like some insight into those who would infiltrate Shariah into America through our financial back door…