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Islamic bank imposes Shari'a on US business - business fails
mddailyrecord.com — A Baltimore couple has filed a federal civil rights lawsuit against the Islamic investment bank that owns the Church ’s Chicken fast-food chain, alleging their franchise failed because the bank’s strict adherence to the religious code of Shari’ah prohibited the couple from selling pork.
Troika37- 7 diggs
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- Troika37, on 04/27/2008, -0/+5I should point out here, that I am on record as saying that Shari’a based investing in the U.S. is not necessarily a bad thing. As long as the lender and borrower both agree to the terms of Shari'a based investing and money lending, then what is the harm? If this new style of lending and banking operates in accordance with the religious tenets of both parties and both parties are in full agreement, we have no need to become alarmed.
But, when an investment bank that takes possession of American companies begins to impose Shari'a laws on its American customers, then we have a major problem. - Troika37, on 04/27/2008, -0/+5Imagine buying a car from Ford and opening a Ford Credit loan account. Imagine then that a Muslim corporation buys Ford Credit and institutes Shari'a lending laws upon that purchase. And then suppose that your newly Shari'a-ized car loan owner gives you a call and tells you that your wife can no longer drive your car because your car loan is now Shari'a centric and such a thing violates Shari'a law? This, of course, would be an outrage against your freedom and liberty.
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