February 8, 2012, - 1:21 pm
Mosque & State: City of Minneapolis Now in Sharia Loan Biz
For those who say fears of sharia (Islamic law) being practiced by U.S. governmental bodies are unfounded, here’s yet another exampled that those fears are spot on: the City of Minneapolis is now in the sharia-loan business to accommodate Muslims seeking loans that don’t charge interest. So much for the Establishment Clause of the U.S. Constitution that prohibits government from establishing any religion or doing anything to favor any religion. I’ve said it before and I’ll say it again, there is no “separation between mosque and state” and in America, only a separation between church and state and synagogue and state. And this latest Minneapolis practice is Exhibit A.
In 2005, Afrik Grocery and Halal Meat on Cedar Avenue needed to expand. Owner Abdi Adem, who operates his business under Sharia law, needed to find a loan that funded the expansion and complied with his religious beliefs.
Finding the loan was easier than he expected.
Since December 2006, the city of Minneapolis, in partnership with the African Development Center, has given out 54 loans in a way that is compliant with Islamic law by using a fixed rate in place of a variable interest rate, which some considered sinful.
Instead of charging interest, the city and the ADC estimate how long it will take the business to pay off the loan and totals what the interest would be. That amount is added as a lump sum to the total cost of the loan.
“It feels like, looks like and acts like a loan, but it’s just a different way of looking at it,” said Hussein Samatar, executive director of the ADC.
Abdulwahid Qalinle, an adjunct associate professor of Islamic law at the University of Minnesota, said interest rates can be considered sinful under Sharia law.
“Islam has specific guidelines where people can acquire wealth and how to spend their wealth,” Qalinle said.
Yup, here are the “guidelines”: credit card fraud, mortgage fraud, bank fraud, real estate fraud, and Medicaid/Medicare fraud are A-OK. That’s “halal money,” because it’s obtained by defrauding the infidels. And as for Islamic guidelines on how to spend it, here’s what’s also halal (permitted): funding rockets and bombs against Israel, and boxcutters to hijack planes to fly into buildings in New York and Washington, DC to mass murder 3,000 Americans, shooting up soldiers at Texas Army bases, etc.
Through the Alternative Financing Program, small lenders — usually the ADC — will offer a loan and the city will match it up to $50,000. Business owners will then pay back the lender and the city. . . .
Through the loan, Adem borrowed $42,000 and was able to move his business down the street, expand his halal meat section and purchase new equipment, which he said helped attract new customers.
Adem paid off his loan in 2009.
“I benefited very much from the loan. The customers liked the new store and we liked it,” said Adem. . . .
“I don’t want to go to the bank and get charged for interest,” he said. “If I need more funds, I can use [the program] again, not now, but if I need it I can go and get it.”
For the record, the Islamic practice of not paying interest was–like much of Islam–stolen from Judaism (almost all of Islam is a rip-off of either Judaism or Christianity, as adapted by the moongod cult of Mohammed to attract followers who weren’t otherwise forcibly converted). But we Jews modernized and the sages and rabbis did away, centuries ago, with the prohibition against Jews taking out loans from others that involve paying interest. We live in the modern world, not the Seventh Century, unlike the religion of barbarism that seeks to both emulate and destroy us while developing new methods of murder and explosive devices.
For those of us who need to borrow money interest-free, there are private Jewish organizations who lend money interest-free. But Jews have never insisted that the U.S. government (or even American banks) engage in Jewish practices. We know this is a Christian country with a secular government, and we want it to stay that way.
As we all know, Muslims want America to become a Muslim country with the Koran as the Constitution, as HAMAS CAIR leaders have openly and repeatedly said.
With Minneapolis’ actions, looks like they are well on their way.
And, as I’ve noted several times over the years, the way these sharia loans are structured is fraudulent and BS, anyway. As indicated in the excerpt above, they are like land contracts, in which the borrower ends up paying interest, which is built into the loan. They just don’t call it interest, but it’s there and they’re paying it. It’s more of the phoniness that pervades Islam.
Tags: Abdi Adem, abdulwahid Qalinle, African Development Center, Africk Grocery and Halal Meat, Cedar Avenue, establishment clause, Islam, Jihad, Minneapolis, mosque and state, Muslim, separation between church and state, sharia, sharia loans, sharia-compliant loans
This like an infestation of roaches in a home, it starts with a few & then grows & grows!“I don’t want to go to the bank and get charged for interest,” he said. Well, sorry buddy, this isn’t the Middle East, it’s America & this is how we do things. I wish I could get a break!!!!!
Hollywood on February 8, 2012 at 1:45 pm