Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Truth About Islam -- Ignore unavailable to you. Want to Upgrade?

To: ExCane who wrote (6974)	4/23/2007 6:27:51 PM
From: Proud_Infidel	Respond to of 20106

Government mulls issuing Islamic bonds (U.K.) Reuters ^ \| April 23, 2007 investing.reuters.co.uk LONDON (Reuters) - The government will conduct a feasibility study into issuing Islamic bonds in a bid to bolster London's standing as a centre for Islamic finance, Treasury minister Ed Balls will say in a speech on Monday. In a step towards issuing the first sharia-compliant UK government bond, the Treasury and the Debt Management Office will look into the cost and potential benefits of the government issuing Islamic financial instruments in the sterling market, Balls will tell a Financial Services Authority conference. The results of the study will be published in the Autumn of this year. "I believe there are great potential advantages for the UK government issuing sharia-compliant government debt," Balls will say, according to excerpts of his speech seen by Reuters. "The feasibility study will also be assessing the opportunity for issuing such instruments, taking into account the government's debt management objectives." The latest announcement follows measures introduced in this year's budget enabling Islamic bonds, or sukuk, to be issued, held and traded in the same way as corporate bonds. "The measures this government has taken make it possible for issuers to seriously consider the merits of issuing Islamic finance instruments," Balls will say. The government-backed National Savings and Investments has also been asked to look into making such products available to the public.

To: ExCane who wrote (6974)	4/23/2007 6:42:34 PM
From: FJB	Read Replies (1) \| Respond to of 20106

Two weeks after the terrorist attacks in London another Saudi student raised his hand and asked: “Teacher, how can I go to London?” “Much depends on your reason for going to Britain. Do you want to study or just be a tourist?” “Teacher, I want to go London next month. I want bomb, big bomb in London, again. I want make jihad!” “What?” I exclaimed. Another student raised both hands and shouted: “Me too! Me too!” Other students applauded those who had just articulated what many of them were thinking. I was incandescent. In protest I walked out of the classroom to a chorus of jeering and catcalls. That about sums it up.

To: ExCane who wrote (6974)	4/23/2007 6:50:44 PM
From: Proud_Infidel	Respond to of 20106

Simply Unbelievable! Two weeks after the terrorist attacks in London another Saudi student raised his hand and asked: “Teacher, how can I go to London?” “Much depends on your reason for going to Britain. Do you want to study or just be a tourist?” “Teacher, I want to go London next month. I want bomb, big bomb in London, again. I want make jihad!” “What?” I exclaimed. Another student raised both hands and shouted: “Me too! Me too!” Other students applauded those who had just articulated what many of them were thinking. I was incandescent. In protest I walked out of the classroom to a chorus of jeering and catcalls. My time in Saudi Arabia bolstered my conviction that an austere form of Islam (Wahhabism) married to a politicised Islam (Islamism) is wreaking havoc in the world. This anger-ridden ideology, an ideology I once advocated, is not only a threat to Islam and Muslims, but to the entire civilised world.