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June 13, 2006

UK: Gordon Brown Commends Islamic Finance

Yet another instance of mortaging Britain's cultural identity in the name of "multiculturalism" and Saudi petrodollars: UK's Brown backs Islamic finance

Chancellor Gordon Brown has pledged support for the growth of Islamic finance, saying the UK can act as "a gateway" for the growing industry.

He told the Islamic Finance and Trade Conference in London he wanted to make the UK a centre for Islamic investment.

He called for stronger trading links between the UK and Muslim countries as well as global trade reform.

Under Sharia Islamic law, making money from money, such as by charging interest, is not permitted.[...]

[...]He emphasised recent regulatory reforms which have ensured that financial frameworks are compliant with Sharia law.

Sharia, or Islamic law, is the same framework that has led to civil war and the oppression of non-Muslims the world over. The governments of the West are voluntarily bringing it to their shores.

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Posted by Ruy Diaz at June 13, 2006 8:43 AM

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