We bailed out AIG for this? They are promoting Sharia Finance for Muslims in America. Again why are Muslims given special rights? Why should they get separate loans?
Federal Reserve sued for funding Shariah products
A lawsuit has been filed against the Federal Reserve Board and U.S. Treasury Secretary Henry M. Paulson Jr. over Wall Street bailout money going to American International Group, which is funding Shariah-compliant insurance and products.
WND reported a week ago that AIG has benefited from two major bailout agreements with the U.S. government giving $152.5 billion in taxpayer dollars to the company. Then it confirmed it is stepping up its dealings with Islamic finance offering homeowners insurance that complies with Islam’s religious Shariah laws.
According to an announcement at the time, Risk Specialists Companies, Inc., or RSC, a subsidiary of AIG Commercial Insurance, was introducing its Shariah-compliant Takaful Homeowners Policy to the U.S.
The Shariah-compliant policy is underwritten through RSC member company A.I. Risk Specialists Insurance, Inc., in conjunction with Lexington Insurance Co. and in association with AIG Takaful Enaya.
We should have let AIG collapsed. Let their Jihadists allies help them. This is an example of the Corporatist-Islamic alliance.
Tags: AIG, Hank Paulson, sharia finance
