Dale Hurd

CBN News Senior Reporter

E-mail Dale

Read Dale's Bio

Subscribe RSS

Add to Technorati Favorites

Subscribe to this Feed

View All CBN News Blogs

View All CBN Blogs


Tax-funded World Bank Pushes Sharia Finance


In a story that has not gotten a lot of coverage, Arab News reports that the World Bank and the Islamic Development Bank (IDB) have formally agreed to work together “in the development of Islamic Finance.

The World Bank and IDB signed “a Memorandum of Understanding to set out a framework for collaboration between the two parties and lend support to global, regional and country efforts in the development of Islamic Finance.”

Arab News also reports, “While Shariah-compliant banking is not widespread in the United States, Islamic financial institutions are making headway in gaining a foothold in North American banks to bring services to customers."

Sharia finance is banking and investing based on the Koran. Terrorism experts consider the spread of Sharia finance in the West to be “soft jihad.” Sharia-compliant finance requires donations to Muslim “charities,” most of which have some tie to terrorism or violations of human rights.

The Center for Security Policy reports that “the US Treasury Department has so far designated no fewer than 27 Muslim charities in the U.S. and worldwide as terrorism entities due to their funding of terrorist groups like Al Qaeda, Hamas and others.”

The biggest reason the West should have nothing to do with Sharia finance is because it is Sharia. Strict adherence to the Koran and Sharia is completely incompatible with human rights and democracy. If you don’t agree, watch this.

The World Bank has no business promoting and legitimizing Islamic finance. And the World Bank is supported in part by your tax dollars.

And a historical side note: The World Bank was founded by John Maynard Keynes and Harry Dexter White. White was a Soviet spy in the Roosevelt and Truman administrations. He killed himself in 1948 --it was a heart attack induced by an overdose of digitalis--after being uncovered and then testifying before the House Committee on Un-American Affairs, where he denied everything.

One more reason to be suspicious of the World Bank.

Print     Email to a Friend    posted on Saturday, November 24, 2012 9:59 AM



Comments on this post

# RE: Tax-funded World Bank Pushes Sharia Finance

Make no mistake they are bent on taking over the world and imposing Islam on everyone. They know our weakness and are using them against us.
Left by KellieC on Nov 24, 2012 2:02 PM

# RE: Tax-funded World Bank Pushes Sharia Finance

This information should go viral! The World Bank obviously is operating against American interests. Where are the crazies that are so adamant for the separation of church and state? If nothing comes of this revelation, then it would be very obvious that organizations that oppose causes that violate the so called "separation of church and state," are really only acting out against Christian causes and not any other. No public funding whatsoever should be given to the World Bank due to its ties to Sharia finance!
Left by Betty on Nov 26, 2012 6:12 PM

# RE: Tax-funded World Bank Pushes Sharia Finance

The World Bank is a Satanic New World Order criminal organization established for the purpose of gaining power, wealth and world domination for the Kingdom of Satan, global organized crime.
Left by Jennie Walsh on Nov 26, 2012 6:42 PM

# RE: Tax-funded World Bank Pushes Sharia Finance

Mainland China Banks have recently been allowed by the administration to open up branches in the USA, and through these branches in the USA, they will have access to all the financial information of the FED, so if the same privilege is extended to Muslim banks, they also become part of the US financial system, and will have access to a wealth of information, and can negatively manipulate the USA
Left by Michael H. Zapareski on Nov 26, 2012 9:07 PM

# RE: Tax-funded World Bank Pushes Sharia Finance

Red China's banks are now permited to open up branches in the USA which allows them access to all FED financial information, and by likewise permiting Muslim banks to be part of USA financial system would allow them to commit Financial Jihad on America.
Left by Michael H. Zapareski on Nov 27, 2012 1:43 PM

# RE: Tax-funded World Bank Pushes Sharia Finance

That the Arab has even considered a combination of financing with the west is quite a breakthrough. Dale, as usual I disagree with your conclusion "Strict adherence to the Koran and Sharia is completely incompatible with human rights and democracy". However I think the former reluctance to participate has more to do with the jewish influence in western banking than anything else. However that said if their can be a combination of financing, their would be a substantial amount of monies available to assist the needy. By the way Dale, both Kuwait and Saudi Arabie already have quite a history of chaitable assistance and not only to muslim nations, and without any political ties
Left by Guy Betz on Dec 03, 2012 1:03 PM