Kevin “Coach”Collins,Coach Is Right
A spokeswoman for the Treasury Department insists “No American taxpayer funds will be used to support [a] Kabul Bank.” Let’s hope this is one promise from these people we can count on because there will be serious consequences if Obama reverses himself.
The banks in Afghanistan must be controlled by the United States or our allies so they do not fall under the influence of the Taliban who will use sharia law to run them instead of accepted banking principles. Under sharia the terrorist Taliban will pull out 2.5% of every dollar handled by Afghanistan’s banks.
What Shari’a banks would look like
Shari’a banks run on the principles of Islam in every single aspect of their activities.
These banks would;charge no interest;avoid any speculative transactions;introduce and collect the Islamic tax called zakat and;discourage any production of tangible assets offensive to Islamic values.
In its purest state Islam is a huge redistribution scheme under which the zakat serves as a way to extract money from faithful Muslims to create the image of being a charitable religion. There is no choice for adherent Muslims when it comes to paying their zakat. Its monitory nature means a zakat can not justifiably be called an act of charity. Since zakat is 2.5% of a Muslim’s annual wages,lots of dollars would pass through Islamist bankers’ hands which would turn them into paymasters of terror.
The men who would be Afghanistan’s banking advisory board….
WHO can trust them ???