Economic jihad

Economic Jihad, also known as sharia-compliant finance, refers to one of the tools intended by militant Islamic groups to weaken Western society and assert Islamic control around the world.
Definition
Economic jihad is economic warfare based on strict Islamic theological principles. Islamic economics provides financial support for Islamist organizations and parties that are seeking political dominance in Muslim states and the world. They weaken the basis of secular regimes by restricting the economic, social, and cultural interaction of Muslims with non-Muslims, while enhancing their own power base and expanding their influence in society.
Reaction
In 2008, a federal lawsuit was filed by the Thomas More Law Center (TMLC), a US national public interest law firm based in Ann Arbor, Michigan, and co-counsel David Yerushalmi, on behalf of Kevin Murray, a Marine Corps veteran of the Iraqi War. The lawsuit was brought against Secretary of the Treasury Timothy Geithner and the Board of Governors of the Federal Reserve System. It challenged that portion of the “Emergency Economic Stabilization Act of 2008” (EESA) that appropriated $70 billion in taxpayer money to fund and financially support the federal government’s majority ownership interest in AIG, which is considered the market leader in Sharia-compliant finance. According to the lawsuit, “The use of these taxpayer funds to approve, promote, endorse, support, and fund these Sharia-based Islamic religious activities violates the Establishment Clause of the First Amendment to the United States Constitution.” The lawsuit is in appeals.

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