“Investments of funds are also restricted to avoid companies involved in entertainment, alcohol, pork and other elements prohibited by Islamic law.”
Wait… is it still okay (almost said Kosher before realizing that would be wrong) if the company is being kept afloat with pork-spending from the government?
How about spinning off profitable companies, selling off under-performers and working on getting your house in order first, AIG?
This is probably a product that they have had in the pipe for more than the last couple of months.
And trust me when I say that when a big company begins to move towards making a substantial product change, stopping it is almost impossible, so it isn’t as if they could back off of this during the financial problems.
And honestly, it isn’t a bad idea. I don’t think that it will be a HUGE amount of market share, but it isn’t a bad idea at all.
Read the article and think about things…. these products have been in development for two years — LONG before the current market woes were upon us. Secondly, 25% of the world’s population only accounts for 5% of the insurance market — can you say “untapped opportunities”?
AIG has made some bad bets, and we all know this. But here we are looking at some of the type of innovative thinking that makes for a market mover… while the rest of us are sitting back and worrying about squeezing our existing books.
good luck turning a profit on this line of business. Most of the middle eastern clients I have would rather lie and try and cheat the system instead of paying for the prmeium.
Islamic does not necessarily mean Middle Eastern. Indonesia is the most populous Muslim country in the world.
Portfolio theory suggests that the investment income would be lower on this line of business, since you’re putting restrictions on the investments, but actually ‘Islamic’ investment funds have been beating the market recently because they didn’t invest in financial firms.
What a typical un-educated disgusting comment. You should take a long hard look at yourself and consider what positive attributes you bring to the table. And is response to AIG disposing of companies – this started yesterday if anyone had actually bothered to read the press before adding comments.
What a typical sour-grapes response from you, Manxkatt.
First off, as tax-paying shareholders, we now have the right to pop off about anything AIG thinks about doing. If you don’t like it, turn back the clock and take care of business, instead of throwing a corporate tantrum and asking for a bail-out. Waaaaa! Or, better yet, pay off the loan and tell us to stick it …oops, can’t do that, can you?
Nope, educated money went down the tubes. Reading the WSJ didn’t provide enough intelligence, via osmosis, did it?
So, now …brought to us by the same mental giants that thought side gambles on speculative home loans that never should have been issued was a tremendously “progressive” and “financially sound” idea. aig (I can’t even bring myself to capitalize those letters any longer) decides to market to a group of people that have no problem blowing themselves up (and the property around them – in case this needs to be pointed out in black and white) in order to bring about changes THEY feel are necessary. Things like, oh, world domination. Go figure.
Can you say, “Ignor-freaking-ramus”? OMG!
What else can these frat-boy wanna-be’s think of next? Maybe they could package a life insurance policy for terrorists? Or, issue mobile equipment policies that would cover IED’s?
What a joke!!!
Do we even need to mention the fact that WE are THEIR sworn enemies? The “Great Satin”. Now, I could be all for getting a little of our oil money back into our country, if that were a realistic expectation from this goofy venture. But, it’s not. C’mon, if you’ve been in the insurance business for 6 months, you KNOW the preponderence of likely acts that will be perpetrated, as a group. I know, that’s not politically correct thinking.
Too bad. It’s real-world basic business principles. Invite too many arsonists into your home, and you’re likely to get burned.
Great idea!
And, this is what our tax dollars are supporting. Shut the mo-fo’s down …period!!! aig is his-tor-y. Leave yourselves there!
This is another step in the wrong direction for our country. This country was built on the fundamentals of God and freedom–not shariah compliancy! We should not be bowing our knees in ANY way to this sort of thing!
How do you justify writing a non-admitted HO product if the only reason is the client’s religious beliefs? If the home qualifies for an admitted carrier, can you offer Takaful?
Well, I.I., now you’re starting to make the mistake of actually using reality as a basis to form an opinion of this ingenious product.
How novel??
I’m goint to repeat myself. Remember what company’s managment, with their oh-so-clear moral compass, formed this takafulofsomething, hair-brained concept. The same folks that brought credit default swaps into the mainstream terminology. And, then they turned a 75 Billion dollar bailout (which was obscene in and of itself) into a $150 Billion dollar handout and still growing (told you it would).
This started the skid into an unbelievable line of companies desirous of some money bailouts of thier own, and will quite likely finish our country off as we knew it. Our politicians have started down a path that can’t be turned by the junkies that run our government.
No matter what some people thing, the mental disorder, also known as liberlism, has so infected our public fabric, that legitimate thought processes are no longer desired.
Somebody on this thread told me to put my hood back on, or something goofy like that. Racism has absolutely nothing to do with my opinion, but you can’t reason with ninnies. I can tell you, there are just as many hair-brained ideas from the hood-wearing wing, as any other radical group. So, hood-wearing, I’m not. Somebody with the capacity to think matters through, I am.
What made USA great….yes what a great country it is – making illegal war to further feed your greed for oil. What a great country you have, I want to come over and look at you obese redneck population. God Bless McDonalds.
I will now send all my letters to the elected servants in Washington as well as to the AIG pigs after soaking them in pork fat!!! They (AIG) have a lifelong enemy in me. I’m done with them and any of their related companies. Greed is all that drives them. So making it harder for them, not easier, will be my goal. I will continue to instruct and enlighten my e.s.’s in DC about this and not to give any bailout (candy) money to these idiots. They all need to take a 90% cut in pay and begin to live like normal people. And all foreign laws MUST be kept out of this country. All of us have a duty to laugh hysterically whenever any boob cites foreign laws or culture as having any potential sway over what we do here. Hey, get a clue, Sherlock. THEY are way behind US. Not the other way around. We need to stop giving everything away. No one respects that. Let ’em do it the old fashioned way–earn it. Time to wean the piglets off the U.S.A.’s teats. What we see now is that if we become weak or have financial problems it is worse for the rest of the world. We need to stay strong so they have an example to look up to. And make them earn our help. Don’t give it away. And don’t give away American citizenship so cheaply. Only accept those who are ready, willing, and able to be a contributing resident who wants to work hard to become a citizen. They need to have an education, a trade or profession, and show they can give something to this great country, not just come in and demand and take, take, take.
This country is being ruined by the opposite of what made us great in the first place. We need to reverse course before critical mass is reached and there literally is no turning back.
This illustrates how Shariah-compliant finance is establishing a foothold in American financial and insurance markets. As we all know, AIG is the recipient of a massive government bailout (translation: our tax dollars).
Take special note of the shariah-compliant supervisory board. Muhammed Imran Usmani is the son and disciple of Muhammed Taki Usmani. The elder Usmani is a “who’s who” in the Islamist world and an outspoken proponent of aggressive jihad. For example, he has issued numerous fatwas (religious rulings) that provide material support for terrorism.
The danger of American financial institutions getting in bed with well-known advocates of jihad and terrorism should be obvious to anyone who takes even a cursory look. It was Lenin who stated “The capitalists will sell us the rope with which we will hang them.” In their thirst for capital and profits, the same corporate geniuses who gave us the sub-prime meltdown are going Lenin one better. At least the capitalists in Lenin’s day didn’t put him on their advisory boards and give him control over where money can be invested.
So as we connect the dots we see that (1) our tax dollars are being used to bail out a huge insurance conglomerate that (2) is now offering shariah-compliant insurance that (3) is under the direction of an advisory board that includes the son and disciple of one of the world’s leading advocates of Islamic terrorism. In 2009 we are going to need the help of every one of our members to start putting the brakes on this insanity.
Dear AIG and Jim Crain:
You have made a grievous error in judgment. I implore you and your colleagues to recognize the threat of Islam and Islamic “Sharia” finance. Please accept the responsibility to protect and defend this country, our Constitution and the freedoms it guarantees. Sharia in any form cannot be a friend to the United States, its people, its culture or our democratic future.
Islam is not just a religion; it is a political-judicial-cultural ideology as defined by the quran, hadith and sira as implemented under sharia law. Islam replaces or subjugates anything non-Islamic. Wherever Islam grows, a state within a state develops and the existing government and unbelieving (kafir) culture is rejected. Again, an Islamic minority faction grows until it can conquer, by political or violent means, the established government.
The Muslim Brotherhood has declared their ‘work in America is a kind of grand Jihad in eliminating and destroying the Western civilization from within and “sabotaging” its miserable house by their hands and the hands of the believers so that it is eliminated and God’s [Allah’s] religion is made victorious over all other religions.’ Sharia finance will only support the Muslim Brotherhood and its objectives.
This modern Islamic insurrection begins with a demand for deferential treatment of Islam, including insistence on religious accommodations, judicial separateness, FINANCIAL appeasement and general cultural and educational non-integration. In addition, imagined affronts to Islam are claimed and redress demanded.
Islam is supremacist in nature, discriminatory in practice, restricts freedom of thought and action and violates universal human rights. Muslim-Muslim relations are completely separate from Muslim-kafir relations, where deceit is sanctioned. Islam is incompatible with our values and sensibilities of freedom and secularism.
No matter the temperament of individual Muslims, the Islamic community as a whole, the ‘ummah’ drives the process of Islamization in every country where Islam thrives. Violence, legal intimidation, sedition and subversive behavior are common and strategic. Islam and it tenants are the antithesis of our country’s history and free thinking traditions and its growth will suffocate future intellectual, cultural and artistic growth.
You must reconsider your position. No amount of business or money is worth dismantling your country, THIS country, the sole place on earth where liberty is given the honor it deserves.
Muhammed Imran Usmani,a board member, is the son and disciple of Muhammed Taki Usmani. The elder Usmani is a “who’s who” in the Islamist world and an outspoken proponent of aggressive jihad. For example, he has issued numerous fatwas (religious rulings) that provide material support for terrorismThe danger of American financial institutions getting in bed with well-known advocates of jihad and terrorism should be obvious to anyone who takes even a cursory look. It was Lenin who stated “The capitalists will sell us the rope with which we will hang them.” In their thirst for capital and profits, the same corporate geniuses who gave us the sub-prime meltdown are going Lenin one better. At least the capitalists in Lenin’s day didn’t put him on their advisory boards and give him control over where money can be invested.
What with Sharia banking and this type of investment,best get your mats out people and learn which way is East!!!!!!!!!
Everyone is chatting about the great American Dollar and AIG’s investments.
Has anyone actually looked into revenue for AIG and where it’s derived from? How much of the AIG revenue comes from the US, how much from the Middle East, China, Australia, UK, Europe, SA etc
That is an interesting question but a little off point. The concern is whether there is any place in our US, Western Judeo-Christian (or post modern) society for Islamic, specifically Shariah, financial products. I don’t think there is just as there is no place in our society, our civilization for the official observance of Islamic holy days or anything else. The two civilizations are incompatible. The two financial systems are incompatible.
We as citizens of the US and inheritors of Western European values need to continually decide if we are going to embrace Islamic values, ideas, finance, (including their standards for treating other humans and dogs and pigs), etc. or if we will resist and hold fast to our religious-philosophical heritage that covers everything from human rights, to tolerance of competing values and viewpoints, to valuing all of creation including pigs and dogs, to democracy and interest earning investments/Western style capitalism.
AIG in it’s zeal to make money is crossing the line by introducing shariah compliant insurance & financial products into our society. Look at England. They now have two legal systems within their country: English law and Islamic law because they were to tolerant. The England that we knew just 25 yrs ago is no more. Do we want to give away our society? Our country?
Here is an online petition you can sign because we the taxpayers are now shareholders in AIG. The petition is aimed at getting AIG out of Islamic related business, at least in the US. http://www.petitiononline.com/stopaig/petition.html Go here for AIG spokesperson contact info: http://media.corporate-ir.net/media_files/irol/76/76115/releases/Takaful_dec.1.2008.pdf * Tell AIG directly what you think of their Shariah insurance business. * By the way,…President of the European Court of Human Rights stated that “the Court found that sharia was incompatible with the fundamental principles of democracy as set forth in the Convention… Principles such as pluralism in the political sphere or the constant evolution of public freedoms have no place in it. According to the Court, it was difficult to declare one’s respect for democracy and human rights while at the same time supporting a regime based on sharia…”. Even British courts have ruled that Sharia is “discriminatory.”
There are two people we can call. Peter Tulupman is AIG’s Public Relations Manager. His number is 212.770.3141. Jim Crain is listed on AIG’s press release as the person to call for more information about the Shariah-compliant insurance now being offered. Mr. Crain can be reached at 617.345.4105.
Civilus Dedendus:
This comment accurately describes the insidius nature of Muslims’ migrations into other nations. For a full understanding of their threat to this country of ours, read AMERICA ALONE written by Marc Styne…quite an eye opener.
Very disturbing that AIG would sell out and legitimize a cult religion such as islam. Especially after the recent massacre in Mumbai, at the hands islamic terrorists. This is just another step by islam in their quest to incorporate Sharia Law into the Western Democracies. Just look at whats happening in Great Britian and the rest of Europe. It’s very sad and scary!
Check out websites: http://www.barenakedislam.com http://www.uacradiojihad.com http://www.jihadwatch.org
Re my prevous comment-if you want a view of this situation,the Muslims their faith and ultimate aims,read Judgement Day by David Hunt.If this ,together with America Alone,does not concern you,there is no hope for the USA.
I was “apathetique” to all these issues until I visited England AND THEN read these two books.By 2015 there will be enough Muslims in England to form and vote a government!
The more we spread the word,the better chance our grandchildren will live ion a free society.
I am an Act for America (ACT) Member and I have copied below in part a statement sent to me by ACT: “As we all know, AIG is the recipient of a massive government bailout (translation: our tax dollars).
Take special note of the shariah-compliant supervisory board. Muhammed Imran Usmani is the son and disciple of Muhammed Taki Usmani. The elder Usmani is a “who’s who” in the Islamist world and an outspoken proponent of aggressive jihad. For example, he has issued numerous fatwas (religious rulings) that provide material support for terrorism.
The danger of American financial institutions getting in bed with well-known advocates of jihad and terrorism should be obvious to anyone who takes even a cursory look. It was Lenin who stated “The capitalists will sell us the rope with which we will hang them.” In their thirst for capital and profits, the same corporate geniuses who gave us the sub-prime meltdown are going Lenin one better. At least the capitalists in Lenin’s day didn’t put him on their advisory boards and give him control over where money can be invested.
So as we connect the dots we see that (1) our tax dollars are being used to bail out a huge insurance conglomerate that (2) is now offering shariah-compliant insurance that (3) is under the direction of an advisory board that includes the son and disciple of one of the world’s leading advocates of Islamic terrorism. In 2009 we are going to need the help of every one of our members to start putting the brakes on this insanity”. If you would like top know more about ACT go to http://www.actforamerica.com
So Mathew Power of Risk Specialist Companies, a part of AIG (bailed out by the American taxpayer) is pleased to announce their role in enforcing Shriya law in offering Jihadist insurance “products.” What would happen if they promoted a “Christian” compliant insurance program? There would be lawsuits (that the courts would eagerly accept) and a crapstorm in the media and insurance industry. This is one big reason why the West is losing the battle with Islamic Jihad and their allies. Our amoral corporations are willing to consort with the enemy as long as there is money to be made. I will enjoy reading about this guy and the other suits at AIG getting their throats slit by our enemies when that time comes.
Thanks, brother. And thanks to WS for mentioning Marc Styne’s superb “America Alone.” So many liberal and politically correct inbeciles enable the Jihad. Just wait until ObamaStalinist appoints his lunatic left wing judges to the District Courts and Supreme Court. America will be swept away.
Durban II” is the UN conference scheduled for April, 2009, ostensibly to address issues such as racism. With Iranian President Mahmoud Ahmadinejad as Vice-Chairperson, such a conference would be a joke if it didn’t have such explosive and dangerous implications for worldwide freedom.
The draft document for the conference makes clear the threat it poses. It contains condemnations of “Islamophobia” and is an all-out assault against Israel and against speech that allegedly “defames” Islam.
This is the declared agenda of Islamists worldwide – to silence criticism of Islam. If they succeed, if countries in the West knuckle under to these fascist tactics, the long-term prospects of our resisting the tide of radical Islam will be dim indeed.
For the United States to attend this conference would be to legitimize these blatant assaults on free speech and legitimize the seething hatred, intolerance and anti-Semitism openly espoused by the likes of Ahmadinejad.
Please read the notice below and contact President-Elect Obama and/or Secretary of State-Designate Clinton at the contact information provided. They need to hear from us that it is categorically unacceptable for the United States to attend and legitimize this UN sponsored “hate-fest.”
Make your voice heard. Say “NO” to “Durban II.”
——————————————————————————–
From The Washington Times, December 11, 2008.
The United States Should not Attend Any Aspect
of the Anti-Semitic Durban II Conference
Jeff, I just read that in ACT America. That is most troubling. But as long as we have corporations and elected officials willing to sell out America, like AIG, willing to appease the muslims issues like Durbin II will become a reality.
It’s also sick that islam can make demands on the west imposing their way of life and religion, but try to do that in their countries and you’ll be shot! And the UN is endorsing this type of action by the Durban II participants.
Remember it’s not islamophobia when they are trying to kill you!
I seem to have hit a nerve there – or gone against the grain.
No matter how you dress it up, call it politically incorrect or whatever you want to, does not make what you say any more appealing or correct.
Good luck burning that cross tonight.
“Investments of funds are also restricted to avoid companies involved in entertainment, alcohol, pork and other elements prohibited by Islamic law.”
Wait… is it still okay (almost said Kosher before realizing that would be wrong) if the company is being kept afloat with pork-spending from the government?
How about spinning off profitable companies, selling off under-performers and working on getting your house in order first, AIG?
Does it have a jihad exclusion? So when does this “sell off” take place and when does AIG actually start to pay back it’s loan??????
THIS is what they come up with??? We’re pouring billions into these guys, and THIS is one of their big ideas?
As a new co-owner, I’d like to cash out. Somebody send me a check for $1.50 and we’ll call it even.
Word.
No freaking out allowed.
This is probably a product that they have had in the pipe for more than the last couple of months.
And trust me when I say that when a big company begins to move towards making a substantial product change, stopping it is almost impossible, so it isn’t as if they could back off of this during the financial problems.
And honestly, it isn’t a bad idea. I don’t think that it will be a HUGE amount of market share, but it isn’t a bad idea at all.
Read the article and think about things…. these products have been in development for two years — LONG before the current market woes were upon us. Secondly, 25% of the world’s population only accounts for 5% of the insurance market — can you say “untapped opportunities”?
AIG has made some bad bets, and we all know this. But here we are looking at some of the type of innovative thinking that makes for a market mover… while the rest of us are sitting back and worrying about squeezing our existing books.
good luck turning a profit on this line of business. Most of the middle eastern clients I have would rather lie and try and cheat the system instead of paying for the prmeium.
Amen!
I honestly do not have racist bone in my body, but of the clients I have fired, the most notrious would be a target for this policy.
Islamic does not necessarily mean Middle Eastern. Indonesia is the most populous Muslim country in the world.
Portfolio theory suggests that the investment income would be lower on this line of business, since you’re putting restrictions on the investments, but actually ‘Islamic’ investment funds have been beating the market recently because they didn’t invest in financial firms.
Be wait dat minute, yo. Mebbe the next policy gonna be writ in Ebonics to capshure an even bigger nitch mokit.
Or God forbid on my Mothers Grave, perhaps we get a Nickel and Dime clause which grants us the ability to haggle over small changes.
Of carse, we could get a bleedin wounderful pahlicy that just moyt come with a case of Guinness?
Or dere’s always einze policie mit de Stompin und Sturmin Subrogatzion clause.
But I reely like de polici where de claims staff takes de siesta whenever you call.
that was stupid. I see your point, though.
What the heck does “Takaful” mean? I’ve tried looking it up in different places and can’t find it.
What a typical un-educated disgusting comment. You should take a long hard look at yourself and consider what positive attributes you bring to the table. And is response to AIG disposing of companies – this started yesterday if anyone had actually bothered to read the press before adding comments.
What a typical sour-grapes response from you, Manxkatt.
First off, as tax-paying shareholders, we now have the right to pop off about anything AIG thinks about doing. If you don’t like it, turn back the clock and take care of business, instead of throwing a corporate tantrum and asking for a bail-out. Waaaaa! Or, better yet, pay off the loan and tell us to stick it …oops, can’t do that, can you?
Nope, educated money went down the tubes. Reading the WSJ didn’t provide enough intelligence, via osmosis, did it?
So, now …brought to us by the same mental giants that thought side gambles on speculative home loans that never should have been issued was a tremendously “progressive” and “financially sound” idea. aig (I can’t even bring myself to capitalize those letters any longer) decides to market to a group of people that have no problem blowing themselves up (and the property around them – in case this needs to be pointed out in black and white) in order to bring about changes THEY feel are necessary. Things like, oh, world domination. Go figure.
Can you say, “Ignor-freaking-ramus”? OMG!
What else can these frat-boy wanna-be’s think of next? Maybe they could package a life insurance policy for terrorists? Or, issue mobile equipment policies that would cover IED’s?
What a joke!!!
Do we even need to mention the fact that WE are THEIR sworn enemies? The “Great Satin”. Now, I could be all for getting a little of our oil money back into our country, if that were a realistic expectation from this goofy venture. But, it’s not. C’mon, if you’ve been in the insurance business for 6 months, you KNOW the preponderence of likely acts that will be perpetrated, as a group. I know, that’s not politically correct thinking.
Too bad. It’s real-world basic business principles. Invite too many arsonists into your home, and you’re likely to get burned.
Great idea!
And, this is what our tax dollars are supporting. Shut the mo-fo’s down …period!!! aig is his-tor-y. Leave yourselves there!
Nuff said,
“The Great Satin”? I had no idea. I prefer wool myself.
Ok …that was good, Prakash. I must have missed that one.
:)
Here’s a source for an explanation of Takaful from the web
http://www.pktcl.com/en/WhatisTakaful.aspx
Steve,
Go to http://www.MyNewMarkets.com and click the Articles tab. The term was defined this past Monday under the FAQ’s and Facts section of this page.
This is another step in the wrong direction for our country. This country was built on the fundamentals of God and freedom–not shariah compliancy! We should not be bowing our knees in ANY way to this sort of thing!
How do you justify writing a non-admitted HO product if the only reason is the client’s religious beliefs? If the home qualifies for an admitted carrier, can you offer Takaful?
Well, I.I., now you’re starting to make the mistake of actually using reality as a basis to form an opinion of this ingenious product.
How novel??
I’m goint to repeat myself. Remember what company’s managment, with their oh-so-clear moral compass, formed this takafulofsomething, hair-brained concept. The same folks that brought credit default swaps into the mainstream terminology. And, then they turned a 75 Billion dollar bailout (which was obscene in and of itself) into a $150 Billion dollar handout and still growing (told you it would).
This started the skid into an unbelievable line of companies desirous of some money bailouts of thier own, and will quite likely finish our country off as we knew it. Our politicians have started down a path that can’t be turned by the junkies that run our government.
No matter what some people thing, the mental disorder, also known as liberlism, has so infected our public fabric, that legitimate thought processes are no longer desired.
Somebody on this thread told me to put my hood back on, or something goofy like that. Racism has absolutely nothing to do with my opinion, but you can’t reason with ninnies. I can tell you, there are just as many hair-brained ideas from the hood-wearing wing, as any other radical group. So, hood-wearing, I’m not. Somebody with the capacity to think matters through, I am.
Boycott AIG. Period. US tax dollars supporting sharia-compliant nonsense? Really?
What made USA great….yes what a great country it is – making illegal war to further feed your greed for oil. What a great country you have, I want to come over and look at you obese redneck population. God Bless McDonalds.
My god’s better than your god – GROW UP YOU IDIOTS – Religion is a poison – there is no god/Buddah etc etc etc.
I will now send all my letters to the elected servants in Washington as well as to the AIG pigs after soaking them in pork fat!!! They (AIG) have a lifelong enemy in me. I’m done with them and any of their related companies. Greed is all that drives them. So making it harder for them, not easier, will be my goal. I will continue to instruct and enlighten my e.s.’s in DC about this and not to give any bailout (candy) money to these idiots. They all need to take a 90% cut in pay and begin to live like normal people. And all foreign laws MUST be kept out of this country. All of us have a duty to laugh hysterically whenever any boob cites foreign laws or culture as having any potential sway over what we do here. Hey, get a clue, Sherlock. THEY are way behind US. Not the other way around. We need to stop giving everything away. No one respects that. Let ’em do it the old fashioned way–earn it. Time to wean the piglets off the U.S.A.’s teats. What we see now is that if we become weak or have financial problems it is worse for the rest of the world. We need to stay strong so they have an example to look up to. And make them earn our help. Don’t give it away. And don’t give away American citizenship so cheaply. Only accept those who are ready, willing, and able to be a contributing resident who wants to work hard to become a citizen. They need to have an education, a trade or profession, and show they can give something to this great country, not just come in and demand and take, take, take.
This country is being ruined by the opposite of what made us great in the first place. We need to reverse course before critical mass is reached and there literally is no turning back.
It must be Friday. The blowhards and nut cases have nothing else to do but post garbage. Happens every week.
From ACT for America: http://www.actforamerica.org/
This illustrates how Shariah-compliant finance is establishing a foothold in American financial and insurance markets. As we all know, AIG is the recipient of a massive government bailout (translation: our tax dollars).
Take special note of the shariah-compliant supervisory board. Muhammed Imran Usmani is the son and disciple of Muhammed Taki Usmani. The elder Usmani is a “who’s who” in the Islamist world and an outspoken proponent of aggressive jihad. For example, he has issued numerous fatwas (religious rulings) that provide material support for terrorism.
The danger of American financial institutions getting in bed with well-known advocates of jihad and terrorism should be obvious to anyone who takes even a cursory look. It was Lenin who stated “The capitalists will sell us the rope with which we will hang them.” In their thirst for capital and profits, the same corporate geniuses who gave us the sub-prime meltdown are going Lenin one better. At least the capitalists in Lenin’s day didn’t put him on their advisory boards and give him control over where money can be invested.
So as we connect the dots we see that (1) our tax dollars are being used to bail out a huge insurance conglomerate that (2) is now offering shariah-compliant insurance that (3) is under the direction of an advisory board that includes the son and disciple of one of the world’s leading advocates of Islamic terrorism. In 2009 we are going to need the help of every one of our members to start putting the brakes on this insanity.
Dear AIG and Jim Crain:
You have made a grievous error in judgment. I implore you and your colleagues to recognize the threat of Islam and Islamic “Sharia” finance. Please accept the responsibility to protect and defend this country, our Constitution and the freedoms it guarantees. Sharia in any form cannot be a friend to the United States, its people, its culture or our democratic future.
Islam is not just a religion; it is a political-judicial-cultural ideology as defined by the quran, hadith and sira as implemented under sharia law. Islam replaces or subjugates anything non-Islamic. Wherever Islam grows, a state within a state develops and the existing government and unbelieving (kafir) culture is rejected. Again, an Islamic minority faction grows until it can conquer, by political or violent means, the established government.
The Muslim Brotherhood has declared their ‘work in America is a kind of grand Jihad in eliminating and destroying the Western civilization from within and “sabotaging” its miserable house by their hands and the hands of the believers so that it is eliminated and God’s [Allah’s] religion is made victorious over all other religions.’ Sharia finance will only support the Muslim Brotherhood and its objectives.
This modern Islamic insurrection begins with a demand for deferential treatment of Islam, including insistence on religious accommodations, judicial separateness, FINANCIAL appeasement and general cultural and educational non-integration. In addition, imagined affronts to Islam are claimed and redress demanded.
Islam is supremacist in nature, discriminatory in practice, restricts freedom of thought and action and violates universal human rights. Muslim-Muslim relations are completely separate from Muslim-kafir relations, where deceit is sanctioned. Islam is incompatible with our values and sensibilities of freedom and secularism.
No matter the temperament of individual Muslims, the Islamic community as a whole, the ‘ummah’ drives the process of Islamization in every country where Islam thrives. Violence, legal intimidation, sedition and subversive behavior are common and strategic. Islam and it tenants are the antithesis of our country’s history and free thinking traditions and its growth will suffocate future intellectual, cultural and artistic growth.
You must reconsider your position. No amount of business or money is worth dismantling your country, THIS country, the sole place on earth where liberty is given the honor it deserves.
Civilus Defendus
US Citizen
Two great posts.
Muhammed Imran Usmani,a board member, is the son and disciple of Muhammed Taki Usmani. The elder Usmani is a “who’s who” in the Islamist world and an outspoken proponent of aggressive jihad. For example, he has issued numerous fatwas (religious rulings) that provide material support for terrorismThe danger of American financial institutions getting in bed with well-known advocates of jihad and terrorism should be obvious to anyone who takes even a cursory look. It was Lenin who stated “The capitalists will sell us the rope with which we will hang them.” In their thirst for capital and profits, the same corporate geniuses who gave us the sub-prime meltdown are going Lenin one better. At least the capitalists in Lenin’s day didn’t put him on their advisory boards and give him control over where money can be invested.
What with Sharia banking and this type of investment,best get your mats out people and learn which way is East!!!!!!!!!
I’m reading all the posts with interest.
Everyone is chatting about the great American Dollar and AIG’s investments.
Has anyone actually looked into revenue for AIG and where it’s derived from? How much of the AIG revenue comes from the US, how much from the Middle East, China, Australia, UK, Europe, SA etc
That is an interesting question but a little off point. The concern is whether there is any place in our US, Western Judeo-Christian (or post modern) society for Islamic, specifically Shariah, financial products. I don’t think there is just as there is no place in our society, our civilization for the official observance of Islamic holy days or anything else. The two civilizations are incompatible. The two financial systems are incompatible.
We as citizens of the US and inheritors of Western European values need to continually decide if we are going to embrace Islamic values, ideas, finance, (including their standards for treating other humans and dogs and pigs), etc. or if we will resist and hold fast to our religious-philosophical heritage that covers everything from human rights, to tolerance of competing values and viewpoints, to valuing all of creation including pigs and dogs, to democracy and interest earning investments/Western style capitalism.
AIG in it’s zeal to make money is crossing the line by introducing shariah compliant insurance & financial products into our society. Look at England. They now have two legal systems within their country: English law and Islamic law because they were to tolerant. The England that we knew just 25 yrs ago is no more. Do we want to give away our society? Our country?
Here is an online petition you can sign because we the taxpayers are now shareholders in AIG. The petition is aimed at getting AIG out of Islamic related business, at least in the US. http://www.petitiononline.com/stopaig/petition.html Go here for AIG spokesperson contact info: http://media.corporate-ir.net/media_files/irol/76/76115/releases/Takaful_dec.1.2008.pdf * Tell AIG directly what you think of their Shariah insurance business. * By the way,…President of the European Court of Human Rights stated that “the Court found that sharia was incompatible with the fundamental principles of democracy as set forth in the Convention… Principles such as pluralism in the political sphere or the constant evolution of public freedoms have no place in it. According to the Court, it was difficult to declare one’s respect for democracy and human rights while at the same time supporting a regime based on sharia…”. Even British courts have ruled that Sharia is “discriminatory.”
There are two people we can call. Peter Tulupman is AIG’s Public Relations Manager. His number is 212.770.3141. Jim Crain is listed on AIG’s press release as the person to call for more information about the Shariah-compliant insurance now being offered. Mr. Crain can be reached at 617.345.4105.
YOU WILL BE INVESTING IN TERRORISM
Civilus Dedendus:
This comment accurately describes the insidius nature of Muslims’ migrations into other nations. For a full understanding of their threat to this country of ours, read AMERICA ALONE written by Marc Styne…quite an eye opener.
Announcing the Judeo-Christian HO9 policy!
Meets all compliance issues with key elements of Jewish & Christian beliefs.
Very disturbing that AIG would sell out and legitimize a cult religion such as islam. Especially after the recent massacre in Mumbai, at the hands islamic terrorists. This is just another step by islam in their quest to incorporate Sharia Law into the Western Democracies. Just look at whats happening in Great Britian and the rest of Europe. It’s very sad and scary!
Check out websites:
http://www.barenakedislam.com
http://www.uacradiojihad.com
http://www.jihadwatch.org
Re my prevous comment-if you want a view of this situation,the Muslims their faith and ultimate aims,read Judgement Day by David Hunt.If this ,together with America Alone,does not concern you,there is no hope for the USA.
I was “apathetique” to all these issues until I visited England AND THEN read these two books.By 2015 there will be enough Muslims in England to form and vote a government!
The more we spread the word,the better chance our grandchildren will live ion a free society.
I am an Act for America (ACT) Member and I have copied below in part a statement sent to me by ACT: “As we all know, AIG is the recipient of a massive government bailout (translation: our tax dollars).
Take special note of the shariah-compliant supervisory board. Muhammed Imran Usmani is the son and disciple of Muhammed Taki Usmani. The elder Usmani is a “who’s who” in the Islamist world and an outspoken proponent of aggressive jihad. For example, he has issued numerous fatwas (religious rulings) that provide material support for terrorism.
The danger of American financial institutions getting in bed with well-known advocates of jihad and terrorism should be obvious to anyone who takes even a cursory look. It was Lenin who stated “The capitalists will sell us the rope with which we will hang them.” In their thirst for capital and profits, the same corporate geniuses who gave us the sub-prime meltdown are going Lenin one better. At least the capitalists in Lenin’s day didn’t put him on their advisory boards and give him control over where money can be invested.
So as we connect the dots we see that (1) our tax dollars are being used to bail out a huge insurance conglomerate that (2) is now offering shariah-compliant insurance that (3) is under the direction of an advisory board that includes the son and disciple of one of the world’s leading advocates of Islamic terrorism. In 2009 we are going to need the help of every one of our members to start putting the brakes on this insanity”. If you would like top know more about ACT go to http://www.actforamerica.com
So Mathew Power of Risk Specialist Companies, a part of AIG (bailed out by the American taxpayer) is pleased to announce their role in enforcing Shriya law in offering Jihadist insurance “products.” What would happen if they promoted a “Christian” compliant insurance program? There would be lawsuits (that the courts would eagerly accept) and a crapstorm in the media and insurance industry. This is one big reason why the West is losing the battle with Islamic Jihad and their allies. Our amoral corporations are willing to consort with the enemy as long as there is money to be made. I will enjoy reading about this guy and the other suits at AIG getting their throats slit by our enemies when that time comes.
Thanks, brother. And thanks to WS for mentioning Marc Styne’s superb “America Alone.” So many liberal and politically correct inbeciles enable the Jihad. Just wait until ObamaStalinist appoints his lunatic left wing judges to the District Courts and Supreme Court. America will be swept away.
CHECK THIS OUT PEOPLE
Durban II” is the UN conference scheduled for April, 2009, ostensibly to address issues such as racism. With Iranian President Mahmoud Ahmadinejad as Vice-Chairperson, such a conference would be a joke if it didn’t have such explosive and dangerous implications for worldwide freedom.
The draft document for the conference makes clear the threat it poses. It contains condemnations of “Islamophobia” and is an all-out assault against Israel and against speech that allegedly “defames” Islam.
This is the declared agenda of Islamists worldwide – to silence criticism of Islam. If they succeed, if countries in the West knuckle under to these fascist tactics, the long-term prospects of our resisting the tide of radical Islam will be dim indeed.
For the United States to attend this conference would be to legitimize these blatant assaults on free speech and legitimize the seething hatred, intolerance and anti-Semitism openly espoused by the likes of Ahmadinejad.
Please read the notice below and contact President-Elect Obama and/or Secretary of State-Designate Clinton at the contact information provided. They need to hear from us that it is categorically unacceptable for the United States to attend and legitimize this UN sponsored “hate-fest.”
Make your voice heard. Say “NO” to “Durban II.”
——————————————————————————–
From The Washington Times, December 11, 2008.
The United States Should not Attend Any Aspect
of the Anti-Semitic Durban II Conference
Jeff, I just read that in ACT America. That is most troubling. But as long as we have corporations and elected officials willing to sell out America, like AIG, willing to appease the muslims issues like Durbin II will become a reality.
It’s also sick that islam can make demands on the west imposing their way of life and religion, but try to do that in their countries and you’ll be shot! And the UN is endorsing this type of action by the Durban II participants.
Remember it’s not islamophobia when they are trying to kill you!