Leaders, reformers, saints, Media, Islamic and Missionary politicos and clerics are purposely deceiving humanity. The truth is not hidden, nor is it hard to find. Media is scared, clueless, and willfully ignorant at the cost of human eradication. Good Muslims and Christians would continue to wage Jihad and Mission until we stop them by eliminating their means and motivation. Means is petro dollars and Missionary funds and motivation is Koran and Bible. (Koran 8:39) and (Bible, Luke 19:27). Non-violence is imposed upon Aryans only through [Article 29(1) of the Indian Constitution] and Sections 196 and 197 of the Criminal Procedure Code. Like Nazis rolling into Poland following the "peace process" in 1930s Europe, the perpetrators of Islamic terror and Christianity's Mission are inflamed by violent and racist doctrines. The doctrines are ' Fight them until persecution is no more and the Religion of Allah reigns supreme.' (Koran 8:39) and "But those enemies of mine who did not want me to be king over them bring them here and kill them in front of me." Bible, Luke, Chapter 19 Verse 27. Both have agenda, and we are ignorant of it. If we do not retaliate, humanity would finish.
Note! Aryavrt Government and Abhinav Bharat are fighting war against immoral usurper and lethal cultures. Our Bharat had several warriors, social reformers, saints and even kings. None of them fought against the root cause of human miseries viz. Christianity, Islam, Socialism, and Democracy. They had been fighting wars against the symptoms, not the sources. These cultures are invented to rob and enslave one and all. These cultures must go else human race won't survive. Since 300 B.C. we are the first to fight against real enemies. Help us, else get ready for doom.
Ayodhya Prasad Tripathi, (Press Secretary)
77 Khera Khurd, Delhi - 110 082
Phone: (+91) 9868324025/9838577815
Read my eBook 'Wary of Sonia on Web-site: http://www.aryavrt.com
If you feel that this message be telecasted, donate us. Rush your contribution in the account of Manav Raksha Sangh Account No. 016001020168 ICICI Bank Ltd. Else keep ready for your doom. Remember! Whoever you are, you won't be able to save your properties, women, motherland, Vedic culture & even your infants. Choice is yours, whether you stick to dreaded usurper Democracy & get eradicated or survive with your rights upon your property, freedom of faith & life with dignity?
This is a clear example of what is wrong with the Congress Party of Sonia Gandhi. It is not just Mulayam or Lalu who are in the appeasement business. But so is Congress. This article must make it very clear. Can we really trust these people to negotiate with Pakistan or China on behalf of India?
Islamic Banking: Appeasement leading to peril!?Thursday, February 4, 2010 2:27 PMTo:undisclosed-recipients
Islamic Banking: Appeasement leading to peril!?
B R Haran
05 Feb 2010
As a continuation of its minority appeasement policy and votebank politics, the UPA is contemplating introduction of 'Islamic Banking' in the guise of attracting investments from Gulf countries to the tune of $ 1 trillion. The Centre had silently formed a committee, headed by the Cabinet Secretary, comprising secretaries of other ministries, including finance, as its members. This submitted its report to the government recommending introduction of , as if they are highly productive. Based on this report, the RBI and Finance Ministry are believed to be working jointly on necessary legislative changes for implementation of Islamic Banking in India.
K Rahman Khan, Deputy Chairman, Rajya Sabha, and patron of 'Indo-Arab Economic Co-operation Forum' is organizing an "Indo-Arab Economic Summit" on Feb. 3 & 4 in New Delhi, confirmed the government's move and said investments from Arab countries would be attracted by opening up channels like 'venture capital' and 'mutual fund' which would be 'Sharia compliant'! He confirmed such Sharia compliant initiatives being implemented in UTI and SBI.
Leading HSBC and Standard & Chartered have exclusive Islamic banking windows. The 'Raghuram Rajan Committee' set up by the Planning Commission in 2008 to recommend various ways to take the country's forward, also recommended certain principles of Islamic Banking.such as
Islamic banking can be defined as a system of banking or banking activity consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. The important aspect in this system is that Sharia prohibits the payment or acceptance of interest fees for the lending and accepting of money respectively, (Riba, usury) for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden).
While these principles were used as the basis for a flourishing economy in earlier times (8th-12th centuries), it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.
Started in 1963 in Egypt, Modern Islamic Banking is growing at a rate of 10% to 15% with more than 300 institutions spread over 51 countries, including the United States. The "World Islamic Banking Conference", held annually in since 1994, is internationally recognized as the largest and most significant gathering of Islamic banking and finance leaders in the world. Interestingly, the Vatican has also put forward the idea that "the principles of Islamic finance may represent a possible cure for ailing markets"!
Islamic Banks operate in accordance with the rules of Sharia, known as Fiqh al-Muamalat (Islamic rules on transactions). The basic principle of Islamic banking is the sharing of profit and loss and the prohibition of riba (usury). In an Islamic mortgage transaction, the bank doesn't give loans to the buyer. Instead, the bank itself buys the item from the seller, and re-sells it to the buyer at a higher-than-market price keeping a huge profit margin, while allowing the buyer to pay in installments. To safeguard itself against default by the buyer, the bank asks for strict collateral.
(http://en.wikipedia.org/wiki/Islamic_banking ). So, the profit margin acts as the 'interest' through backdoor!
Even while the Centre was considering the idea of introducing Islamic Banking, the Kerala state government took a fast decision in mid-August and approved a project report prepared by Ernst & Young. In its order dated 14 Oct., the Kerala government accorded sanction for registration of an Islamic finance serving company by , to provide financial service as per . Kerala State Industrial Development Corporation, the designated agency for the formation of the bank, would have 11% stake in the proposed banking company and it would be initially registered as a non-banking finance company and later get transformed into a full-fledged Sharia-compliant bank. The government had planned to complete all registration formalities in 2009, so that the NBFC could become operational in 2010.
In a reply (CHN/RIA/09/985/22 dated 10.11.2009) to the application of one Mr. T.G. Mohandas under 'RTI Act' of 2005, Kerala State Industrial Development Corporation represented by its Managing Director stated that: KSIDC is taking steps to promote Company Secretary and so on have been placed in the website (http://ksidc.org/) and in the terms of reference for CEO, it is stated that he will report to the Sharia Advisory Board.; it is a company promoted by the Private Promoters and KSIDC; the proposed institution will not collect interest or charge interest for financing. It will function with full compliance of SHARIA PRINCIPLES. Advertisements for filling up vacancies for the positions of Chief Executive Officer (CEO),
The activities of the institution would be monitored by a Sharia Advisory Board, which would include independent scholars on Sharia and Banking business.
This move of the Kerala Government was challenged by former Union Minister and Janata Party President Dr. Subramanian Swamy in the state High Court. Though his petition cited the above facts, the High Court pointed out that he had not produced documents confirming the constitution of the board and posted the matter for 5 January, as Dr. Swamy sought time to produce the documents. (http://www.zeenews.com/news585754.html).
Dr. Swamy contended that an India, would violate the laws, rules and regulations such as, or even NBFC, that operates in
1) Partnership Act (1932), which stipulates a maximum of 20 partners, since KSIDC says it will be an open partnership between it and private investors without limit.
2) Wagering (not permitted under Sharia) as per Section 30 of Indian Contract Act (1872).
3) Sections 5(b) & (c), 9 and 21 of Act (1949) on prohibition of profit-sharing, buying and selling property, and for not charging interest.
4) RBI Act (1934)
5) Negotiable Instruments Act (1881) and
6) Co-operative Societies Act (1961).
In his PIL, Dr. Swamy contended that public money was being appropriated to favour a particular religion in a secular country, as KSIDC has 11% stake in the multi-crore bank. He said, "The government's participation is clear instance of state favouring a particular religion. The Sharia is the canon law of Muslims. A financial services company set up with government participation which would follow the canon law of a particular religion is a clear instance of the state favouring a particular religion. This is violative of Article 14 and 25 of Constitution which promises equality before law and right to freedom of religion. A 7-judge bench of the SC had ordered that no public money should be used for promoting institutions of a particular religion."
Citing (Ramana D Shetty v. International Airport Authority of India, AIR 1979 SC 1628: (1979) 3 SCC 489), SR Bommai v. Union of India (1994) 3 SCC 1, 233) and M.P Gopalakrishnan Nair v. State of Kerala, (2005) 11 SCC 45) Dr. Swamy prayed for the following:
A) Call for records leading to the case and issue a writ of certiorari or any other appropriate writ, order or direction, quashing the Government Order;
B) Issue such other appropriate writ, order or direction which this Hon'ble Court may deem fit in the circumstances of the case
C) Award costs
When the case came up for hearing on 5 January, the division bench of the stayed all further moves by the state-owned Kerala State Industrial Development Corporation (KSIDC) to set up the Islamic bank in the state. The division bench accepted Dr. Swamy's petition and issued notices to the Union government and KSIDC.
Even while silently watching the Kerala High Court's proceedings, the Congress-led UPA has been going ahead with its scheme to introduce Islamic Banks in India. Anticipating strong opposition to this blatant appeasement, the government seems to be thinking of giving a 'secular' colour by naming it 'Participative Banking' rather than 'Islamic Banking'. This reminds us of Rural Development Minister CP Joshi's outrageous proposal of automatic inclusion of Muslims in the BPL list along with Scheduled Castes and Scheduled Tribes, wherein he suggested the word 'minority' in place of 'Muslims' to preempt opposition.
At this juncture, it would be appropriate to recall UPA's Muslim-appeasement politics. It began with the repeal of POTA and Sonia's call for a Muslim headcount in the Armed Forces. It continued with the unwarranted constitution of Justice Banerjee Committee to inquire the Godhra train carnage, Prime Minister's rousing announcement that Muslims had the first claim on resources, constitution of the and Ranganath Mishra Commission. And now the Rural Development Ministry's suggestion to include Muslims automatically in the BPL list and the proposal to introduce Islamic Banks!
Dr. Swamy is right in questioning the silence of the Congress in Kerala: "The Congress does not want to annoy rich Dubai-based industrialists and hawala operators. Moreover, since the Prime Minister's Principal Secretary TKA Nair is the Chairman of the KSIDC, and Dr Manmohan Singh believes that Muslims must get first charge on our resources, the party is keeping silence, much as Bhishma and Drona kept quiet when Draupadi was disrobed. Hence, patriots in Kerala must rise and protest to save Kerala from fast-creeping Islamisation. And rest of India must help".
Though Islamic Banking has spread across 51 countries including Europe and America, "Islam Watchers" and "Security Experts" are skeptical about the sudden surge of this new system. "CBN News" reports that, the Sharia Finance is a distortion of Koranic teachings and not widely practiced by Muslims themselves until the 1960s; it is being promoted as a weapon against western countries. They term it "Financial Jihad" or "Jihad with Money". They feel that Sharia Advisory Boards would comprise 'fundamentalist' clerics and the money would be used for waging jihad as per the scriptures, to destroy constitutional form of governance.
This kind of system may hold good for Islamic nations, but certainly not for a secular country like India, which has Hindus constituting 85% of the population. At a time when there is an urgent and necessary need for a united India, it is condemnable that the UPA government is consistently following the policies of appeasement, divide & rule and votebank politics. Because of this the Muslim community is getting more and more alienated from the rest of the country, and it is unfortunate that Muslims do not realize this sad fact! The sooner they do the better for our country.
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