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Saturday, September 18, 2010

Tarek Fatah: "Stop Sharia Banking in Canada" ...... Part VIII

(Continuance of my research into Canada's financial institutions aka Canada's financial traitors and sharia finance.)

Thank you Mr.Fatah. Only the enlightened Muslims can try drumming  the dangers of sharia into us,  but unfortunately we are non-receptive vessels unable to absorb the wisdom they have to impart. I had no idea until today that Fatah has a blog titled "Stop Sharia Banking in Canada" which looks like it was set up a few years ago. Here's an excellent post from him that every lover of Canada should read unless you want your country's name changed to Canadistan.

  It seems only yesterday that Premier Dalton McGuinty declared: "There will be no sharia law in Ontario."   Many of us, who witnessed the medieval nature of manmade sharia laws in our countries of birth, heaved a sigh of relief back in September of 2005. We thought this was the end of the attempt by Islamists to sneak sharia into a Western jurisdiction. We were wrong.
The campaign to introduce sharia is back. Last time, the campaign took a populist approach, invoking multiculturalism. This time, the pro-sharia lobby is dangling the carrot of new niche markets and has the backing of Canada's major banks. Such icons of the corporate world as Citibank NA, HSBC Holdings PLC, and Barclays PLC have endorsed sharia banking and have started offering Islamic financing products to a vulnerable Muslim population.

In May, 2007, The Globe reported that "Several Canadian financial institutions are preparing sharia-compliant mortgages, insurance, taxi licensing and investment funds to help serve the country's fastest-growing part of the population." Recently, the Toronto Star's business section reported that an unnamed bank may offer sharia loans as early as this summer; Le Journal de Montreal disclosed that Canada Mortgage and Housing Corporation(CMHC) was also getting in on the act. Stephanie Rubec, spokesperson for the CMHC, said the Crown corporation had launched a tender worth $100,000 to study Islamic mortgages for Muslim Canadians. Could she be oblivious to the fact that almost all Muslim Canadians currently have home mortgages through banks and don't feel they are living in sin? In fact, CMHC has gone a step further: It has quietly entered into a partnership with a Saudi company, AaYaan Holdings, to develop sharia-compliant mortgage-lending systems.......

If you are a loyal patriot you will write to:

Minister of Finance
The Honourable James M. Flaherty
Department of Finance Canada
140 O'Connor Street
Ottawa, Ontario K1A 0G5 or email him at: jflaherty@fin.gc.ca

with a copy to :

Office of the Prime Minister
80 Wellington Street
Ottawa
K1A 0A2 Fax: 613-941-6900 EMail: Harper.S@parl.gc.ca

and tell our elected lawmakers that  WE  THE  PEOPLE  OF CANADA  DO  NOT  WANT SHARIA  FINANCE  IN  OUR  CANADIAN  BANKS  NOR  DO  WE  WANT  IT  IN ANY CANADIAN  FINANCIAL  INSTITUTIONS THAT ARE EITHER REGISTERED IN CANADA OR OPERATING FROM CANADIAN SOIL.

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