Posted by
Boris Tiraspolsky on Friday, April 04, 2008 1:13:02 AM
"Sharia-compliant finance (SCF) is expanding among banks and securities houses eager to absorb the hundreds of billions of petrodollars cascading into the Middle East, thanks to $100-per-barrel oil."
Sharia-compliant financing must stop
By DEROY MURDOCK
Turn your clock back 70 years. Imagine that Wall Street banks and brokerages sold Nuremberg-compliant bonds and stock funds in 1938. American Nazi sympathizers bought financial instruments certified by Berlin-based advisors as free of "Jewish profits" from, say, Salomon Brothers and Bloomingdale's.
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