Shariah Law Creates Economic Meltdowns

Shariah law has a nasty habit of melting down the economy of any nation in which it has been implemented. Attacking the economies of western societies is a tenet of radical Islam. And, as we shall see in this article, the progressive/socialist movement in western societies has formed a dangerous partnership with radical Islam – forming a socialistic Jihad to be wielded against democracies throughout the world. David Jonnson, author of Islamic Economics and the Final Jihad has this to say as an introduction to Islamic economics:

My goal today is to put you into the mind of an Islamist — to think like an Islamist. It is only possible to understand the events occurring by understanding their thinking and what it would mean to live under Shariah law. There is a well-worn Cliché “It’s the economy stupid” that appears around election times. So it is with Islamic Economics and the Clash of Ideologies we are witnessing today.

It should be realized that the goal of the Islamists, following in the footsteps of Muhammad, is not so much to conquer the land but to Islmanize the populations. In so doing they seek to have the lands come under Shariah law and that the lands become dar al-Islam—the land of Islam and that all non-Muslims accept the status of Dhimmis—subservient to Muslim rule. The Plan involves the incremental acceptance of basic tenants of Shariah law as applied to all aspects of life—the Islamic “Way of Life”. This implies the desire to incrementally change the laws and ultimately the Constitution of the U.S. This requires the population to accept the new laws as equally valid and acceptable. Initially this will result in parallel legal systems and progressing from there with laws that may be applied locally and ultimately nationally. Jihad can be with the pen and the tongue, just as it can be the sword and the spear as Dr. Yusuf al-Qaradawi the spiritual leader of the Muslim Brotherhood has said. Knowledge combined with economic control can be wielded with the precision of a sharp sword to effect any desired social/political change necessary for the fulfillment of Islam’s goal. – David J. Jonsson

Jonsson goes on to explain just how the Islams intend to create Shariah law within the United States and other western countries:

Jihad is considered a required religious duty for Muslims. Jihad is Islam’s normal path to expansion.

Islamic Economics is the stealth sword of Islam. It is more powerful than the Weapons of Mass Destruction and terrorism. It is immune to negotiation. The stealth sword is being applied for the Islamization of the West and the whole world. The goal is to create the “Islamic kingdom of God on earth.” The implementation of Shariah law would have a dramatic affect on your life and that of the entire Western Civilization. Understand the nature of the evil and do not be blindsided…

Islamic economics has an impact on your life, whether you are a banker, investing in the stock market, selling a home, buying a car, purchasing food, buying a suit or a dress, or just trying to make sense of the current events. Islamic economics and Islamic banking are primary Islamist strategies to condition the West to accept Shariah law as a basis for all life in all nations.

The Islamic movement is an idea movement; at the present time the leader(s) has not been identified. Many, if not most, of the participants in Islamic Financing may not even be aware that they may be supporting the Islamist agenda.

Our goal is to understand, the genesis of Islamic Economics, what it is, how it is taking place, and how it would affect our lives.

And what is the means by which Shariah law gains a foothold into western societies. Through the machinations of liberal Democrats and RINOs, of course. As Sir Winston Churchill once famously said, “An appeaser is one who feeds a crocodile, hoping it will eat him last.” And if there is one thing that the progressives specialize in it is appeasement. The progressive policy of appeasement is allowing Shariah law to slither its way into the United States financial system.

The twentieth century has witnessed the emergence of an economic doctrine that calls itself Islamic economics. The doctrine is significant because it advances the sprawling and headline-grabbing movement known as political Islam, Islamic fundamentalism, or simply Islamism.

The movement is having a profound impact. The Islamic windows of major banks that incorporate the principles of Islamic economics represent the fastest growing sector. The banks, based on the principles of Islamic economics, raise billions of dollars in the form of Islamic bonds (sukuk ) annually. Banking laws in Islamic and Western countries are changing to accommodate Islamic economic rules. The Dow Jones Islamic Stock Index and in April 2006, Dow Jones and Citigroup announced the launch of the first Islamic Bond Index. The Dow Jones Citigroup Sukuk Index, is the first index that seeks to measure the performance of global bonds complying with Islamic (Shariah compliant) investment guidelines. – David Jonsson

The Muslin Brotherhood (al-lkhwan al-Muslimun) is the main motivator behind setting up experiments in Islamic financing on a global scale. The theory and the practical requirements needed to set up an Islamic banking system come from the ranks of the Ilkwan.

“Allah is our objective. The Prophet is our leader. Qur’an is our law. Jihad is our way. Dying in the way of Allah is our highest hope.”—Muslim Brotherhood

Today’s progressive/leftist movement within the United States is increasingly being integrated into Shariah law. Jonsson explains this concept:

The people in the West who are trying to construct a new socialism, a de-Marxified alternative to the politics of pure individualism, share the views of Islamist economists. These Westerners also accept the market as the essential driving-force of any economy, but they too wish to set it within a man-made moral framework that will ensure support for the weak through the compassion and self-discipline of the strong. What communism tried and failed to achieve through the state, one Islamic economist has written, “is to be established through the agency of man himself.” It would be a good slogan for the possible new socialism of the twenty-first century. As we will see, these principles are being promoted broadly in the West. This merging of ideologies is a powerful force in today’s political environment. This merging is taking the form of a Marxist/Leftist – Islamist Alliance.

Thus you see Barack Obama sympathizing with the Islamist Movement. Many people have wondered if Obama is a Muslim. It is certainly a worthy topic of discussion. But more importantly is the fact that Obama is implementing policies that are favorable to this new socialist/Islamist alliance. Professor Yusaf al-Qarasawi, in his book, The Lawful and the Prohibited in Islam, clarifies the melding of socialism and Shariah law in the realms of commerce and finance:

Islamic law on commerce is known as fiqh al-mu`amalat. Much of the laws, rules and interpretations of Shariah takes into consideration issues of social justice, equitability, and fairness, as well as practicality of financial transactions. In general, the Shariah legal maxim in relation to commercial transactions and contracts states: “They are permissible unless there is a clear prohibition.” In a nutshell, prohibited elements of a commercial transaction must first be removed for it to be Shariah-compliant. The major prohibited elements under Shariah are riba (interest), gharar (uncertainty), maisir (gambling), non-halal (prohibited) food and drinks and immoral activities.

The principles laid out by al-Qaradawi are having profound influence on all daily and commercial activities, not only in the finance sector, but also in the energy, transportation (ports and terminals), construction, and food and drink sector. The goal is to bring all commercial activity into Shariah compliance.

Mawlana Mawdudi, was a Sunni Pakistani journalist, theologian, Muslim revivalist leader and political philosopher, and a major 20th century Islamist thinker.[2] He was also a prominent political figure in his home country (Pakistan) and was the first recipient of King Faisal International Award for his services to Islam in 1979. He was also the founder of Jamaat-e-Islami, the Islamic revivalist party.Mawdudi had a goal of establishing a separate Muslim society. He was against integration or assimilation in to Western Culture. Examples of his philosophy have resulted in the Muslim dominated ghettos such as Clichy-sous-Bois and Bagneux outside Paris and Leicester in the U.K. This concept of a separate Muslim society is now starting to pervade major money center banks with the concept that Muslim funds may not be comingled with those of non-Muslims.

Mawdudi saw Muslims not as people who followed the religion of Islam, but as everything: “Everything in the universe is ‘Muslim’ for it obeys God by submission to His laws.” The only exception to this universe of Muslims were human beings who failed to follow Islam. In regard to the non-Muslim:

“His very tongue which, on account of his ignorance advocates the denial of God or professes multiple deities, is in its very nature ‘Muslim’ … The man who denies God is called Kafir (concealer) because he conceals by his disbelief what is inherent in his nature and embalmed in his own soul. His whole body functions in obedience to that instinct… Reality becomes estranged from him and he gropes in the dark”.

Mawdudi believed that Islam was a “religion” in a broader sense of the term. He stated: “Islam is not a ‘religion’ in the sense this term is commonly understood. It is a system encompassing all fields of living. Islam means politics, economics, legislation, science, humanism, health, psychology and sociol­ogy. It is a system which makes no discrimination on the basis of race, color, language or other external categories. Its appeal is to all mankind. It wants to reach the heart of every human being.”

Maududi believed that without Sharia law Muslim society could not be Islamic:

That if an Islamic society consciously resolves not to accept the Sharia, and decides to enact its own constitution and laws or borrow them from any other source in disregard of the Sharia, such a society breaks its contract with God and forfeits its right to be called ‘Islamic.'”

Based on Maududi’s doctrine that Islam is all-encompassing, the Muslims seek to extend Islam beyond the historical homeland of Islam unto the entire world. And they use Jihad to accomplish this end.

Islam wishes to destroy all states and governments anywhere on the face of the earth which are opposed to the ideology and programme of Islam regardless of the country or the Nation which rules it. The purpose of Islam is to set up a state on the basis of its own ideology and programme, regardless of which nation assumes the role of the standard-bearer of Islam or the rule of which nation is undermined in the process of the establishment of an ideological Islamic State. Islam requires the earth—not just a portion, but the whole planet …. because the entire mankind should benefit from the ideology and welfare programme [of Islam] … Towards this end, Islam wishes to press into service all forces which can bring about a revolution and a composite term for the use of all these forces is ‘Jihad’. …. the objective of the Islamic ‘ Jihād’ is to eliminate the rule of an un-Islamic system and establish in its stead an Islamic system of state rule. – Mawlana Mawdudi

The teachings of Mawdudi on no integration and/or assimilation into Western culture has far-reaching impact today on many of the issues being addressed in Europe. When immigrants came to America in its formative years, their goal was integration into a unified culture; this is what made America the strong nation it is. In Canada, the Muslim population has sought and has already achieved the separation by the creation of separate civil courts for Muslims. The goal of Islamists is the incremental Islamization of all countries and peoples.

Ummah is an Arabic word that means “community” or “nation.” In the context of Islam, the word ummah is used in foreign languages as well as in Arabic to mean the “nation of the believers” (ummatu l-muminin), and thus the whole Muslim world. The phrase al-ummatun wahid in the Qur’an (the “One Community”) refers to the entire Muslim world unified. Some modern Islamists use the term Islamic Ummah or Muslim Ummah to refer to all the people in the lands and countries where predominantly Muslims reside, and which were once under the control of the Islamic caliphate.

Jonsson has this to say about Mawdudi:

Whatever one thinks of his agenda, he was onto something real: with technological progress, economics was indeed becoming increasingly important to daily life everywhere. In a technologically primitive and static world, where family background determines one’s career, where one plants and sells crops in the ways of one’s grandparents, where one has little to spend on non-subsistence goods, and where markets offer little variety, economics may be vital to physical survival, but economic decision-making does not absorb much attention. By contrast, in a technologically advanced world, where job choices must be made, where women pursue and interrupt careers outside the home, where investment choices require monitoring, and where markets offer abundant choice, economic decision-making absorbs considerable time. It follows that if economic choice is considered a secular activity, economic advances will make Muslim existence look increasingly secular. But if economic activity is considered a religious activity, then economic development need not reduce Islam’s perceived role in the lives of Muslims.

The declared purpose of Islamic economics is to establish a new world economic order that conforms to Islamic scripture–the Qur’an–and Muslim tradition. (1) Its core positions took shape in the 1940s, and three decades later, efforts to implement them were under way in dozens of countries. (2) In Pakistan, Malaysia, and elsewhere, governments are now running centralized Islamic redistribution systems known as zakat.

More than sixty countries have Islamic banks that claim to offer an interest-free alternative to conventional banking. Invoking religious principles, several countries, among them Pakistan and Iran, have gone so far as to outlaw every form of interest; they are forcing all banks, including foreign subsidiaries, to adopt, at least formally, ostensibly Islamic methods of deposit taking and loan making. Attempts are also under way to disseminate religious norms of price setting, bargaining, and wage determination. And for every such initiative, others are on the drawing board.

As seen from an Islamist perspective, Islamic finance provides financial services in accordance with Islamic law or Shariah. Islamists emphasize that Islamic financial services represent the ethical, social, and religious dimension of financial transactions to enhance equity and fairness for the general good of society. These services are not limited to commercial banking and extend into capital markets, insurance and other channels of non-bank financial intermediation. Adoption of the principles of Islamic Finance by the western institutions is a critical step in the Islamization of the West and the acceptance of Shariah law. It is one step forward in making dar al-harb into dar a-Islam and non-Muslims becoming al-Dhimmis and subservient to Islamic rule.

Just as the proponents of “organic” foods and the Green lobby have promoted their ideologies with catch phrases, the Islamists have promoted the their ideology of “Islamic-Safe” and “socially responsible investment” as preferred words for Islamist investing and finance, signifying that the investment products are in compliance with Shariah Law.

We have all heard the term “social justice” bandied about by Obama and his ilk. But now we gain the understanding that this term actually has its roots in Shariah Law. The concept of Social Justice is part of Shariah Law. It does not mean what conservative American citizens take it to mean. Rather, it means law that conforms to the Islamic way of life. “Social Justice” therefore, is an Islamic term and Obama is using it in order to “condition” us to its use. Obama is not using this term by accident. Obama is merely part of a larger conspiracy to subject the United States to the rule of the socialist/Islamist conspiracy.

Economic jihad is a long-term incremental program being waged to Islamize the world. The Medina Charter of 622, the conquests of Muhammad and the early caliphs gave birth for all time (within the Muslim world) of an institution that places the native populations into a permanently handicapped status. The imposition of Shariah law in Iraq and Afghanistan and changing and/or implementing Shariah-compliant laws in the West all contribute to accomplishing the goal of Islamization, as called for by Muhammad. – David Jonsson

Mawdudi also largely expanded upon his view of the Islamic State and Sharia in his book Islamic Way of Life.

As David Kennedy Houck wrote in the Middle East Quarterly for Spring 2006, The Islamist Challenge to the U.S. Constitution, “First in Europe and now in the United States, Muslim groups have petitioned to establish enclaves in which they can uphold and enforce greater compliance to Islamic law. While the U.S. Constitution enshrines the right to religious freedom and the prohibition against a state religion, when it comes to the rights of religious enclaves to impose communal rules, the dividing line is more nebulous. Can U.S. enclaves, homeowner associations, and other groups enforce Islamic law?”

The goals of Islamists in establishing an economic system based on Islamic law (the Shariah) are:

  • To establish credibility for Islam as a “way of life” equal to all other economic and religious doctrines
  • To establish an economic system that allows control of the financial, natural resources and intellectual properties by a totalitarian, non-elected hierarchy justified on the basis of religious law–the Qur’an
  • To bring together the global economic resources of Islamic Ummah to influence the world opinion and provide the funding for proselytizing (Da’wa) of non-believers
  • To establish an economic system not based on scientific principles but on religious beliefs

Economics under Shariah law will result in the redistribution of wealth, the confiscation of private property, the establishment of a mega-Islamic bank with global reach and financing backed by the Islamic Development Bank (IDB), control of the exportable oil and natural gas world-wide, control of major transportation systems including the Suez Canal and ports, create a new currency based on the gold dinar, establishment of an interlinked merchandise trading system and a trading block with Free Trade Agreements with other blocks. And mandating the contribution of title (zakat) and directing the funds for economic gain, political action and the proselytizing of non-Muslims.

If this is the kind of world we wish to live under then we can continue to elect socialists, Marxists, progressives, liberals, and environmentalist whackos who worship trees and assorted flies. Their appeasement of the Islamist radicals ensures our eventual demise. On the other hand we can wake up to the threat that radical Islam presents to us and we can fight for our freedoms. The choice is ours – but not for long. If we do not take action quickly we face the reality that we might be too late to the fight to win it. The time for appeasement is over. The time for action is at hand America.

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Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and

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