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I'm Muslim friendly -- -- Rihanna up crude banking is a growing option banks in this country and all over the world are often that customers but some critics have said to us at best -- -- on the -- religious intrusion into the financial world.
And at worst they say it's a back -- way to fund terrorism.
We -- -- both of these arguments from a group known as Muslims against Sharia.
And we invited some of -- leaders to join us on the but not surprisingly appearing in public is not safe for them to do.
Instead there -- photos to our next guest she is Allison corona -- -- of Sharia finance watch don't hold.
-- welcome to the program good to have you -- analysis.
Thank you very much -- a very important subject it is them it is and we on this program we have -- and looked at banks in this country that are offering Sharia compliant mortgages.
Where there's no interest in the traditional sense.
What's wrong with that -- Well.
The first thing you have to understand that there are three basic issues that we have to understand about Syria compliance is one what is -- -- Number two is who -- the advisors that are advising -- area and three.
Are we doing to funding terror with -- investments.
So there's no real disclosure about the truth things -- -- -- And this is what's.
You know you talked earlier about the sub prime mortgage crisis and the FBI given warnings basically what we're doing is giving the same warning.
We don't don't don't have income but to exploit exploit it to -- A bank in America officers Sharia compliant mortgage.
-- interest in the traditional sense is not charged because that's not part of should -- -- financing ideas.
-- but again what what's the threat in this.
Well first of all there is interest charged using the term interest free and ethical investments.
Our Madison avenue ways of describing what truly Sharia finance is no bank is going to give a -- on a house without.
It's a restructuring.
Of the financial loan that was actually created in the 1920s by the Muslim Brotherhood.
So did the risks are that what she read it is now -- may say that we want you ethically and will we -- we -- That is a divine.
Gift from all -- so they're saying that -- you know will not invest and alcohol.
You will not invest in pornography.
You will not invest in aerospace.
The pork industry.
All of these which are very instrumental.
To the economy of the United States so the more you get not just Muslims but non Muslims investing into this type of finance.
The risks are unknown because 2%.
Of the profits made have to be cleansed and purified which is part of sure -- Well we've already had over 27 institutions the United States that have been checked by the US Treasury Department.
For funding terrorism how do we know what.
We are funding this is eight what I call -- -- my blog.
Is a very silent Jihad because -- real -- dictates.
-- it in Britain.
The UK authorities give spousal spousal benefits to multiple wives that's spousal benefits money.
Goes to multiple wives in Britain if they've been married -- -- real -- Now do you see something like that coming to America is that is there a push to bring that to America back on the thing.
Act absolutely sure -- -- -- -- Sharia law it cannot be changed.
The dictates -- your real law are not just the simple things about the ethical investments interest pretty.
Is the same Sharia law that we saw during 9/11 it's the same should realize that allows bee headings that is anti homosexual anti lesbian.
That goes against all the rights that we adhere to and love in the west.
It is a subtle way of creeping Islam into the American culture.
It's done is say it's and the the fact that it's not being fully vetted.
Is what's so surprising but after Enron and after you saw what happened in the sub prime mortgage.
It's no surprise that is happening.
Look what I have I don't know I'm terribly sorry house and we we are -- -- time I would hope that you perhaps come back when we got some more time and explain this more fully but to Allyson -- Ty Law.
Thank you very much for joining us we do push.
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