Sharia Finance Has Arrived

American International Group (AIG) one of the worlds largest Insurance and financial institutions recently found itself on the skids, but we the people came to their rescue.

By de Andréa

I have written many articles on the Islamic infiltration of America, covering the gambit from Education to the Federal Government. One such type of infiltration is in the financial institutions which I predicted was coming to the U.S. and coming fast. As far back as January I wrote about Global Islamic Finance beginning in Europe then on April 11, I wrote my first article on ‘Shariah Finance’ coming to America.

Well it has come---- and faster than I thought it would

Until now it was mainly confined to the EU since they are already subject to ‘Sharia Law’. It has likely been the financial crises that has sped up this inevitable and important quantum leap toward Islamic Jihad in America.

The article below ran on December 2, in the online “Insurance Journal,” and illustrates how Shariah-compliant finance is establishing a foothold in American financial and insurance markets. As we all know, AIG is the recipient of a massive taxpayer bailout

Take special note of the Sharia-compliant supervisory board. Muhammad Imran Usmani is the son and disciple of Muhammed Taki Usmani. The elder Usmani is a “who’s who” in the Islamist world of terrorism and an outspoken proponent of aggressive and violent jihad. For example, he has issued numerous fatwa’s (religious rulings) that provide material support for terrorism. The infiltration of Islamic Jihad in America has become so far reaching now that I can not keep pace with it. I can’t research and write fast enough and you can’t read fast enough.

The danger of American financial institutions getting into bed with well-known advocates of jihad and terrorism should be obvious to anyone who takes even a cursory look at the agenda of Islam. It was Lenin who stated “The capitalists will sell us the rope with which we will hang them.” In their thirst for capital and profits, the same corporate geniuses who gave us the sub-prime meltdown are going Lenin one better. At least the capitalists in Lenin’s day didn’t put him on their advisory boards and give him control over where money can be invested.

So, as we assemble the puzzle, we see that (1) our tax dollars are being used to bail out a huge insurance conglomerate that (2) is now offering Shariah-compliant insurance that (3) is under the direction of an advisory board that includes the son and disciple of one of the world’s leading advocates of Islamic terrorism.

Below you will read an article from the Insurance Journal that talks about the AIG adoption of an Islamic company called Takaful Enaya on the Island of Bahrain.

Originally a possession of the Persian Empire, the Kingdom of Bahrain (in Arabic: مملكة البحرين‎, translation: Mamlakat al-Baḥrayn, literally Kingdom of the Two Seas) is an island microstate in the Persian Gulf. Saudi Arabia lies to the west. Qatar is to the south across the Gulf of Bahrain.
Until Bahrain was forced to embrace Islam in AD 629, it was a center for Nestorian Christianity. In the early 7th century, Bahrain was one of the first places in Arabia to become an Islamic state. The prophet Muhammad murdered all the Christians in Bahrain despite its great distance from Muhammad’s base in Medina...

What’s in a Name?
The company name Takaful is a combination of the Arabic root word Taqi used in the word Taqiyyah which roughly translated into English, means deceit, added to the English suffix word ful making up the word deceitful. Adding AIG makes the company name, American International Group Deceitful Insurance Inc Enaya is an adopted Islamic word for insurance since there is no word in Arabic for the western word Insurance.

Islamic Takaful Insurance is based on a Quranic principle of "Ta'awon" roughly translated means mutual assistance or social program. Profits made from insurance premiums to AIG Takaful Enaya will be used to promote Jihad and terrorism in America. Under Islamic ‘Shariah Finance Law’, profits must go to ‘Islamic Charities’ which is Muslim code for terrorist’s organizations

The word “Charity “or “Benevolence” does not appear in the Quran
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AIG Offers First Takaful Homeowners Insurance Product for U.S.
December 2, 2008
Original article:
http://www.insurancejournal.com/news/national/2008/12/02/95930.htm

Source: AIG Commercial Insurance
http://www.aig.com/

Risk Specialists Companies, Inc. (RSC), a subsidiary of AIG Commercial Insurance, is introducing what it says is a first in the U.S.: a homeowners insurance product that is compliant with key Islamic finance tenets and based on the concept of mutual insurance.

The Takaful Homeowners 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. Headquartered in Bahrain, AIG Takaful Enaya was established in 2006 to provide Takaful products, including accident and health, auto, energy, property and casualty products.

The Takaful home policy is the first installment in Lexington Takaful Solutions, a series of Shari'ah-compliant (Takaful) product offerings in the U.S.

According to Ernst & Young's 2008 World Takaful Report, Takaful was estimated to be a $5.7 billion market globally with over 130 providers in 2006. The Takaful market is estimated to be in excess of $10 billion by 2010.

Takaful is similar to mutual insurance and cooperative risk sharing but there are key differences including a clear segregation of funds owned by participants and those owned by the insurance operations entity. Investments of funds are also restricted to avoid companies involved in entertainment, alcohol, pork and other elements prohibited by Islamic law.

Muslim countries only account for 5 percent of the global insurance market although they represent 25 percent of the world's population, according to AIG, which launched its Takaful operation in October 2006. The Takaful Homeowners Policy builds on LexElite, the homeowner’s policy from Lexington that is sold throughout the U.S. The Takaful Homeowners Policy is available in all 50 states.

According to Jim Crain, associate vice president and personal lines underwriting director for Risk Specialists, the coverage, terms, commissions, and sales procedures are the same for these new products as they are for LexElite.

"The introduction of Takaful products in the U.S. represents an important and emerging growth opportunity for AIG Commercial Insurance. We are pleased to offer socially responsible solutions to this segment of the domestic market," said Matthew F. Power, president, Risk Specialists Companies, Inc.

AIG Takaful Enaya is licensed by the Central Bank of Bahrain and its Shari'ah Supervisory Board is composed of Shari'ah scholars Sheikh Nizam Yaquby, Dr. Mohammed Ali Elgari and Dr. Muhammad Imran Usmani.

Risk Specialists Companies, Inc. is a U.S. surplus lines broker providing access to specialty casualty, property and personal lines insurance from Lexington and other AIG companies.

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Read More on this subject,
Posted: December 05, 2008 By Chelsea Schilling of WorldNetDaily

THE BOTTOM LINE : as I stated previously, profits made from insurance premiums to AIG Takaful Enaya in Bahrain will be used to promote Jihad and terrorism in America. Under Shariah Finance Law, Profits must go to Islamic Charities which is Muslim code for terrorist’s organizations.

Islam is a socialist theocracy, meaning that incorporated into the religion of Islam is their form of Government ruled by Islamic Shariah law, (much as we are founded on our Constitutional Law). Shariah Law supports a type of Social Fascism, dictated totally by Shariah.

The question begging to be asked, is doesn’t AIG understand Sharia Law? Answer, I don’t believe the Board of directors of AIG have clue, anymore than the U.S. Government does about the agenda of Islam in America. Somehow no matter what history teaches us about the 1400 on going years of the Jihad of Islam, never missing a beat, never changing one bit or deviating from their ‘Qu’ranic Program’ of supremacy and the subjection of all the worlds’ people, the establishment of the “Ummah” the world Nation of Islam, the West is still under the supernatural satanic spell of Allah. The “Taqiyyah” is a form of deception taught all through the Quran and the Hadith. It is best translated as ‘True Lies”, deceiving one, using a form of the truth, a very powerful type of satanic deception.

For you history buffs, this Taqiyyah deception has been used by Allah since the very beginnings of our documented time, try roughly 4000 BC and again in 610 AD. It has been used to change the course of history as well as the future of mankind, and it is still being used today. Can you see through this deception???

Think about it….

But as for you, be strong; don't be discouraged, for your work has a reward. 2 Chronicles 15:7

de Andrea