Lawsuit filed against Hank Paulson and Federal Reserve board to stop providing bail out dollars to AIG, which is engaged in a Shariah Islamic Insurance business which violates the constitution and the First Amendment, Freedom of Religion. Law Firm is the Thomas Moore Law Center. Plaintiff is a a former Marine, This is the beginning of the end for Shariah Islamic Finance in America, we hope. hat tip Banefsheh
Battling back to save our precious way of life.
THOMAS MORE LAW CENTER
ANN ARBOR, MI – A federal lawsuitwas filed this morning against U.S. Treasury Secretary Henry M. Paulson, Jr. and the Federal Reserve Board to stop all bailout funds from going to American International Group, Inc. (“AIG”). According to the lawsuit, the U.S. government, through its ownership of AIG, is not only violating the Constitution, but also promoting and financing the destruction of America using American tax dollars.
The basis of the lawsuit is that AIG intentionally promotes Shariah-compliant businesses and insurance products, which by necessity must comply with the 1200 year old body of Islamic cannon law based on the Quran, which demands the conversion, subjugation, or destruction of the infidel West, including the United States. To help achieve these objectives and with the aid of federal tax dollars, AIG employs a three-person Shariah Advisory Board, with members from Saudi Arabia, Bahrain, and Pakistan. According to AIG, the role of its Shariah authority “is to review operations, supervise its development of Islamic products, and determine Shariah compliance of these products and investments.”
Of particular significance is the Pakistani Board member, Dr. Muhammed Imran Ashraf Usmani. Dr. Usmani is the son and devoted disciple of Sheik Mufti Taqi Usmani, the leading authority on Shariah financing who, in 1999, authored a book dedicating an entire chapter on why a Western Muslim must engage in violent jihad against his own country – even if Muslims are given equality and freedom to practice their religion and to proselytize.
For thos of you out of the loop and unfamiliar with who is handling your dough, here's a primer: hat tip Terri
GLOBAL SHARIAH ADVISORY BOARD
Sheikh Muhammad Taqi Usmani: is a retired Justice of the Shariat Appellate Bench, Supreme Court of Pakistan and is globally recognized for his contribution to Islamic Finance. He is Chairman of the Shariah Board of Accounting and Auditing Organization of Islamic Financial Institutions (AAOIFI) and a permanent member of OIC Islamic Fiqh Academy. Sheikh Taqi Usmani advises a number of international financial institutions including Dow Jones, Bharain Monetary Agency and Islamic Corporation for the Development of the Private Sector (A Member of the IDB Group) on Islamic law.
Sheikh Hussain Hamid Hassan: holds Ph.D. in Shariah from Al Azhar University, Cairo, Egypt and is chairman of Shariah Board of Dubai Islamic Bank, Dubai. He serves as advisor to the Presidents of many Muslim countries. He had been a professor of Shariah for more than 22 years and is author of 21 books on Islamic law, Islamic finance, Islamic economics, Art and Social Studies.
Dr. Muhammad Achmad Sahal Mahfudh: is the Chairman of Indonesian Ulemma Council, Chairman of National Shariah Board and Head of Nadhlatul Ulama. He had the privilege to study in Mecca under direct guidance of Sheikh Yasin Al-Fadani and has been awarded Honorary Doctorate from the Islamic State University, Jakarta.
Sheikh Dr Mohamed Ali Elgari: holds a Ph.D. in economics from the University of California. He is a professor of Islamic Economics at King Abdul Aziz University. He is an expert at the Islamic Jurisprudence Academies of the Organization of Islamic Countries and the Islamic World League. Dr. Elgari is member of Shariah Boards of many Islamic Banks and Takaful Companies including that of Dow Jones, International Islamic Fund Market, Citi Islamic Investment bank, Merrill Lynch and Saudi American Bank.
Sheikh Nizam Yaquby: is a graduate in Economics and Comparative Religion from McGill University and is an internationally acclaimed scholar in the Islamic banking industry. He has been a teacher of Tafsir since 1976. He advises a number of banks and financial institutions including Abu Dhabi Islamic Bank, BNP Paribas, Dow Jones, Lloyds TSB, Citi Islamic Investment Bank E.C. Bahrain and Standard Chartered on matters pertaining to Islamic Banking and Finance.
Dr. Mohammed Daud Bakar: received his first degree in Shariah from University of Kuwait in 1988 and obtained his Ph.D. from University of St. Andrews, United Kingdom in 1993. In 2002, he completed his external Bachelor of Jurisprudence at University of Malaya. Dr Daud is member of the Central Shariah Advisory Council of the Central Bank of Malaysia and Securities Commission of Malaysia. He also serves as a member of Shariah board of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), International Islamic Financial Market (Bahrain), Dow Jones Islamic Market Index, Unicorn Investment Bank (Bahrain) and BNP Paribas.
Dr. Mohammad Akram Laldin: is a graduate of Sharia Department, University of Jordan and holds Ph.D. in Islamic Law from the University of Edinburgh, Scotland. He has been teaching Islamic law at International Islamic University, Malaysia (IIUM) since 1989 and is currently the Head of Fiqh and Usul al-Fiqh Department, Kulliyyah of Islamic Revealed Knowledge & Heritage at IIUM.
CENTRAL SHARIAH COMMITTEE
Sheikh Dr. Mohamed Ali Elgari: holds a Ph.D. in economics from the University of California. He is a professor of Islamic Economics at King Abdul Aziz University. He is an expert at the Islamic Jurisprudence Academies of the Organization of Islamic Countries and the Islamic World League. Dr. Elgari is member of Shariah Boards of many Islamic Banks and Takaful Companies including that of Dow Jones, International Islamic Fund Market, Citi Islamic Investment bank, Merrill Lynch and Saudi American Bank.
Sheikh Nizam Yaquby: is a graduate in Economics and Comparative Religion from McGill University and is an internationally acclaimed scholar in the Islamic banking industry. He has been a teacher of Tafsir since 1976. He advises a number of banks and financial institutions including Abu Dhabi Islamic Bank, BNP Paribas, Dow Jones, Lloyds TSB, Citi Islamic Investment Bank E.C. Bahrain and Standard Chartered on matters pertaining to Islamic Banking and Finance.
Dr. Muhammad Imran Ashraf Usmani: has completed his Aalmiyah from Jamia Darul Uloom, Karachi and holds Ph.D. in Islamic finance from University of Karachi. He is a member of the Central Shariah Board of the Central Bank of Pakistan. He is an established academician and teaches Fiqh at Jamia Darul Uloom, Karachi. Dr. Imran Usmani has been engaged by various financial institutions including Meezan Bank, Pakistan and Guidance Financial Group, USA for advice on Islamic law and Islamic Finance.
REGIONAL SHARIAH COMMITTEE - MALAYSIA
Dr. Mohammad Akram Laldin: is a graduate of Sharia Department, University of Jordan and holds Ph.D. in Islamic Law from the University of Edinburgh, Scotland. He has been teaching Islamic law at International Islamic University, Malaysia (IIUM) since 1989 and is currently the Head of Fiqh and Usul al-Fiqh Department, Kulliyyah of Islamic Revealed Knowledge & Heritage at IIUM.
Dr. Rusni Hassan: is a graduate of Kulliyyah of Law from International Islamic University, Malaysia (IIUM) and also holds Ph.D. in Law from IIUM. She is an Assistant professor of law at IIUM and has been teaching law and Islamic commercial law at Ahmad Ibrahim Kulliyyah of Laws, IIUM since 1993. Previously, she has also taught at Academy of Islamic Studies, University of Malaya.
Khairul Anuar Ahmad: is a graduate of Academy of Islamic Studies of University, Malaya and has also completed his Master in Shariah from University of Malaya. He has been a lecturer at Faculty of Management & Muamalah, Selangor Darul Ehsan Islamic College since 1999. He has authored a number of research papers on Islamic Finance.
REGIONAL SHARIAH COMMITTEE – SAUDI ARABIA
Sheikh Abdullah Bin Suleiman Al-Maniya (Chairman of the Committee): is President of the courts of the Makkah Al Mukarramah by delegation and has been a member of the Senior Ulema Board since its inception. He was also Vice General President of Scientific, interpretation, call and guidance research Department.
Sheikh Abdullah is a member of Shariah Supervisory Committees of various Banks in Saudi Arabia and around the world. He is Deputy Chairman of the Shariah Board of Accounting and Auditing Organization of Islamic Financial Institutions. He has compiled a number of fatwas and has written many books on Islamic Banking.
Sheikh Dr Abdullah Bin Mohammed Al-Mutlaq: holds Ph.D. from Imam Mohammed Bin Saud University, Saudi Arabia and is a member of the Senior Ulema Board and Ifta Committee. He sits on the Shariah Boards of many banks in Saudi Arabia including that of Saudi American Bank, Riyadh Bank and AlJazirah Bank. He has compiled a number of fatwas and has written a number of books on Islamic contract law.
Sheikh Dr Mohamed Ali Elgari: holds a Ph.D. in economics from the University of California. He is a professor of Islamic Economics at King Abdul Aziz University. He is an expert at the Islamic Jurisprudence Academies of the OIC and the Islamic World League. Dr. Elgari is member of Shariah Boards of many Islamic Banks and Takaful Companies including that of Dow Jones, International Islamic Fund Market, Citi Islamic Investment bank, Merrill Lynch and Saudi American Bank.
REGIONAL SHARIAH COMMITTEE - INDONESIA
Dr. Muhammad Achmad Sahal Mahfudh: is the Chairman of Indonesian Ulemma Council, Chairman of Shariah National Board and Head of Nadhlatul Ulama. He had the privilege to study in Mecca under direct guidance of Sheikh Yasin Al-Fadani and has been awarded Honorary Doctorate from the Islamic State University, Jakarta.
Professor Dr. M. Din Syamsuddin: has studied at the Faculty of Ushuluddin, majoring in Religion Comparison at Syarif Hidayatullah State Institute for Islamic Studies (IAIN) and at the Kulliyatul Muallimin Al Islamiyah at Modern Islamic Boarding School Gontor, East Java. He holds doctorate in Islamic Political Thought from University of California Los Angeles (UCLA) United States. He is a Professor of Islamic Political Thought in Faculty of Ushuluddin and Graduate Program at Islamic State University in Jakarta. He is the Vice-General Chairman for the Indonesian Ulemma Council and the Chairman of Central Committee of Muhammadiyah.
Ustaz Adiwarman Azwar Karim: has completed his economics degree from the University of Indonesia. He is a member of a number of Shariah Institutions in Indonesia. Further he has been awarded Master of Business Administration from the Belgium European University and Master of Arts in Economic Policy (M.A.E.P.) from Boston University, United States. Previously, he has worked for 10 years with Bank Muamalat where his last position was Vice President of Muamalat Institute.
REGIONAL SHARIAH COMMITTEE - SINGAPORE
Dr. Mohammed Daud Bakar: received his first degree in Shariah from University of Kuwait in 1988 and obtained his Ph.D. from University of St. Andrews, United Kingdom in 1993. In 2002, he completed his external Bachelor of Jurisprudence at University of Malaya. Dr Daud is member of the Central Shariah Advisory Council of the Central Bank of Malaysia and Securities Commission of Malaysia. He also serves as a member of Shariah board of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), International Islamic Financial Market (Bahrain), Dow Jones Islamic Market Index, Unicorn Investment Bank (Bahrain) and BNP Paribas.
Ridzwan Bin Haji Dzafir: sits on the boards of various financial and social institutions including Sime Singapore, Second Chance Properties and Malay Heritage foundation. He was the Pro-Chancellor of the National University of Singapore and has served as a member of the Council of Presidential Advisors. He has also served as Director of the Singapore's Department of Trade, Director General of the Trade Development Board and as Singapore's Trade and Cultural representative in Jakarta.
Ustaz Haron Bin Hassan: has studied Islamic studies under the guidance of eminent Islamic scholars for more than 13 years. He teaches Islamic subjects at Madrasah Al-Juneid, Singapore and is a registered member of the Association of Islamic Scholars & Religious Teachers, Singapore. He has authored several books on topics such as Islamic History, Law of Jurisprudence and Curriculum for Islamic Schools.
Ustaz Muhammad Haniff Bin Hassan: has obtained his degree in Islamic studies from University Kebangsaan, Malaysia. He sits on the boards of many institutions including Madrasa Al-Irsyad Management Committee, Centre for Contemporary Islamic Studies Board, Shariah Appeal Board and Association of Islamic Scholars & Religious Teachers. He also works as a research analyst at the Institute Of Strategic Studies with Nanyang Technological University, Singapore and is the editor of Magazine "Risalah".
