Home > Communism/Marxism/Socalism/Racism/FASCISM, Islam, Miscellaneous > A Trillion Dollars And Counting: How Egypt’s New President Will Boost Islamic Banking

A Trillion Dollars And Counting: How Egypt’s New President Will Boost Islamic Banking


[TWG Note: The hitlery/obama klan have done an amazingly effecient installing their islamic terrorist pals throughout the world.  They desperately need this caliphate in order to destroy what’s left of Freedom, Liberty and Western values. Middle Easterners who aren’t islamic terrorists have as much reason as American Patiots for hating this horrid obama regime.]

 

(Hat tip “The Unit” for the forward. Thanks, Unit!)

 

By Daria Solovieva: Subscribe to Daria’s RSS feed

July 18, 2012 6:14 AM EDT

Islamic finance may not be familiar yet to many Westerners, but it’s a trillion-dollar business that is set to get even bigger now that the most populous country in the Arab world has elected a president from the Muslim Brotherhood. Egypt‘s new president, Mohamed Morsi, is likely to give a new impulse to the growth of the Islamic banking sector in his country, the birthplace of sharia-law compliant finance.

  • (Photo: REUTERS)<br>New Egyptian President Mohamed Morsi.
  • (Photo: Reuters)<br>New Egyptian President Mohamed Morsi. 
    New Egyptian President Mohamed Morsi.

For months since Egypt‘s parliamentary elections last year, the Brotherhood’s Freedom and Justice Party has been drafting a series of laws that would revamp the role of the Central Bank, make the registration of new Islamic banks easier, and regulate the offering of Islamic financial products by existing banks. …(Con’t)

 

CONTINUE READING: http://www.ibtimes.com/articles/364275/20120718/egypt-muslim-brotherhood-islamic-banking.htm

  1. the unit
    July 19, 2012 at 11:02

    Thanks for the “hat tip” Pit. I know I ain’t so smart. But when asleep ask for a vision.🙂 Woke up with a question…what was missing all these years when kings and dictators controlled the folks in the Mideast? Revealed answer. Control of the money ! Mubarak, Hussein, Gaddafi controlled their own money. Oooo…that can’t stand. Arab Spring…overthrow…and then control people and the money. We will see huh?

    So what’s next here…communications controlled by Homeland Security, peacetime martial law, military detention of civilians…maybe kinda like Egypt?…:

    http://www.aljazeera.com/news/middleeast/2012/06/201261316733866879.html

    • July 19, 2012 at 11:25

      Three things they need to destroy us. 1) Caliphate 2) guns 3) banking

      • the unit
        July 19, 2012 at 12:45

        Yep, they got #3 already for sure. I used to have bills that were at least silver certificates…then they became fed. reserve notes…now just bits on some computer…flip the bits….from account to Walmart, IRS, or wherever. Can’t even use those computer bits for toilet paper. Well, I still have yellow pages and junk mail. Understand Islamics have a more “hands on” method.

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