Wednesday, February 14, 2007

Financial Jihad

Currency of the Caliphate. The gold dinar.

Islamic Banking in Britain
From the desk of The Brussels Journal on Mon, 2007-02-12 13:14
An article by Helena Christofi


London is the leading Islamic banking center in the West. Islamist clerics with terrorist connections and a mission to Islamize Europe are infiltrating the United Kingdom through its banking system, and British officials are encouraging them.


HSBC, Lloyds TSB, and Citigroup have opened Islamic banking units and branches throughout England. In 2005 the first stand-alone British Islamic bank, Islamic Bank of Britain, opened its doors. Middle Eastern Islamic banks have also set up shop in the UK.

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3 links on the Gold Dinar below -


1/ How the Islamic World Plans to Beat the West: A Gold Coin by Bill ...
The gold dinar, which is 4.25 grams of 24-carat gold, would unite Muslim nations who ... The Islamic world has historically used a gold coin, the Dinar. ...


2/ The Golden Caliphate
Ann Berg has an interesting article up on "The Golden Caliphate." She discusses the possibilty of a Pan-Islamic financial movement that could possibly center on the gold dinar and argues such a scenario may be more likely now since several impediments to it have been removed.
"Imagine the power of an Islamic financial supermarket, rivaling the sophistication of the U.S. market (itself only 30 years old), to channel dollar holdings into dinars for a billion-plus people! The embrace of a pan-Islamic, gold-backed system would create an unquantifiable financial upheaval."


3/ Gold Dinar vs US Dollar
Gold Dinar" is the term for a fairly new development in international finance. ... The emergence of the gold Dinar is a dark omen for the current way in ...

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