Tuesday, December 9, 2008

Brigitte Gabriel: AIG Promoting Islamic Sharia Finance in America

AIG, the company which we just bailed out to the tune of millions, is again doing its best to alienate the American taxpayers - this time not by spending hundreds of thousands of our dollars on private spas and luxury retreats to its executives but by promoting radical Islamists' political ideology through Sharia Compliant Finance. It's all because of greed, blinded by profits without doing its fact checking as to what this Sharia Islamic finance is all about.

The same disastrous formula: Wall Street and their lawyers focusing on profits and not enough on risk, and Washington paying little attention to what's going on despite the fact that we are throwing away billions of dollars on such irresponsible American corporations.

AIG is introducing a Takaful Homeowners Policy - the first installment in a series of Sharia-compliant product offerings in the U.S. The newly announced Takaful products are compliant with key Islamic finance tenets. Sharia is a legal code of the political ideology of radical Islam practiced by the Taliban, Saudi Arabia, and Iran. Today this Sharia code is being introduce to Americans by an American company in which we as American taxpayers own $40 billion dollars worth of it stock.

Brigitte Gabriel, author of the New York Times bestseller They Must Be Stopped: why we must defeat radical Islam and how we can do it, says, "The American public must stand up now and stop AIG and other American corporations jumping on Sharia Compliant Finance blinded by greed before it is too late."

As a legal code of a supremacist ideology, Sharia is incompatible with democratic values and the inalienable human right that "all men are created equal." In 2001, nearly two months before the 9/11 attacks, the European Court of Human Rights determined this (that Sharia law was incompatible with democracy and human rights).

So why is AIG promoting Islamic Sharia finance? AIG must answer to the American public about their executives' irresponsible decision. ACT! for America.org has launched a nationwide campaign calling AIG's top two executives and asking them this question. Brigitte Gabriel, President and CEO of ACT! for America.org, says, "AIG must be stopped from its rollercoaster of irresponsible decisions paid for by American taxpayers."

No comments: