Category Archives: Shari’a finance

A Caliphate of Toxic Assets

by Alyssa A. Lappen Frontpage Magazine | Jun. 29, 2009 When a pro-terrorist organization announces its intention to launch a financial jihad against the West, it is well worth learning their methods — especially when they promote a religious pseudo-financial … Continue reading

Should the U.S. nationalize banks?

There may be a simpler solution to the credit crunch. By Alyssa A. Lappen Front Page Magazine | March 2, 2009 Well, it’s official. Last Friday, the U.S. came within a hair of nationalizing a sick major bank. The government … Continue reading

Investing in Jihad

The hidden perils of shari’a finance By Alyssa A. Lappen FrontPageMagazine | Feb. 4, 2009 Indonesian sukuk buyers may sink in the same ship with the dupes heeding Western headlines and Islamic gurus since the Bernard Madoff scandal broke last … Continue reading

Hugging Shari’a finance at the Fed

How tough is Obama’s new economic tough guy? by Alyssa A. Lappen Frontpage Magazine | Dec. 10, 2008 The first market day after President-elect Obama announced plans to appoint Federal Reserve Bank of New York president Timothy Geithner as Secretary … Continue reading

Congress should outlaw shari’a finance

By Alyssa A. Lappen Washington Examiner | June 2, 2008 A spate of conferences in the U.S. recently on Islamic banking — i.e. shari’a finance — signals a worrisome American blindness to the budding industry’s inherent dangers. Among the perils … Continue reading

Shari’a Financing and the Coming Ummah

Shari’a finance is a new weapon in the arsenal of what might be termed fifth-generation
warfare (5GW). The perpetrators include both states and organizations, advancing a
global totalitarian ideology disguised as a religion. The end goal is to impose that ideology
worldwide, making the Islamic “nation,” or ummah, supreme.

* FROM Armed Groups: Studies in National Security, Counterterrorism, and Counterinsurgency; Edited by Jeffrey Norwitz; U.S. Naval War College, June 2008. Chapter 28. Continue reading