Tuesday, August 30, 2016
Blog
Jun 27

Written by: Diana West
Monday, June 27, 2011 5:16 AM 

"There Goes the Neighborhood," Shariah Finance Watch reports today. What does that mean?

From the must-read story:

In downtown Washington, there is a major real estate development known as CityCenterDC. This $700 million development is described as a combination of office space, retail space and residential space.

The owner of this development, which will be one of the biggest in all of the District, is Qatari Diar Real Estate Investment Company. This is the real estate investment arm of the emir of Qatar himself, who rules the Gulf nation.

At this point it may also be worth mentioning that the emir of Qatar has also been involved in funding other projects here in the US. For example, in 2009, he granted $576,000 to the American Society for Muslim Advancement (ASMA), the non-profit operated by Imam Feisal Abdul Rauf and his wife Daisy Khan, the primary promoters of the controversial Ground Zero mosque project. The $576,000 grant from the ruling regime of Qatar was  by far the largest grant that ASMA received in 2009.

We have attempted to research the Qatari ruling regime’s real estate investment arm (Qatari Diar) but, as is so often the case with Shariah-Compliant institutions and projects, transparency is just not something with which they’re concerned.

For instance, in their FAQs section, they fail to even mention that they have projects in the USA. We can only speculate as to the reason for this omission. They list projects in many other nations, including Cuba, Sudan and Syria.

Most interesting for us, there is no disclosure at all on the web site of Shariah compliance or the employment of Shariah advisers. We suppose that these issues are raised after engagement on real estate deals has already begun. (In other words, after the Qataris flash their cash.) We would be especially interested in knowing whether the Muslim Brotherhood Jihadist Sheikh Qaradawi has any affiliation with Qatar Diar, since he has served as chair of the Shariah supervisory board of Qatar Islamic Bank and Qatar International Islamic Bank.

As a result of the Qatari involvement in the CityCenterDC project, residents, customers and business owners will be forced to abide by certain tenets of Shariah law:

• The development will not be able to lease space to banks due to the Shariah prohibition on paying or receiving interest. This would of course not apply to Shariah-compliant banks and we would not be surprised at all to see such a bank emerge as a possible tenant in CityCenterDC at some point. It will be interesting to see if this amounts to unfair trade practices. Perhaps there could be a legal challenge if this does transpire…

• Retailers whose primary business is the sale of alcohol will be prohibited. This means no bars and obviously no liquor stores, though a liquor store at such a high-end development probably wouldn’t happen anyway.

We suspect that these will not be the only restrictions imposed. They amount to the obvious ones. For instance, what if someone wanted to put a BBQ restaurant in the development, including pork ribs on the menu? Or what if a breakfast place wanted to open up? If bacon was a major aspect of their business, would that be permitted?

What if the Israeli embassy wanted to open an annex in CityCenterDC? Or what if a church or synagogue wanted to move in? How would these issues be handled? Finally, what of zakat? Will a portion of CityCenterDC’s assets be donated to Islamic charities to fulfill zakat obligations? Which charities?

These are all questions for the Shariah supervisory board to decide…

Which just goes to show that this is indeed a form of Islamic imperialism to impose Shariah restrictions on our way of life. This should also serve as a reminder that Shariah is the only form of religious law extant that is expressly designed to apply to people of other faiths.

Shariah, right in our nation’s capital…

Even Washington's CityPaper noticed, which indicates the level of awareness of sharia is rising. Too late?

Tags:
Archive
<August 2016>
SunMonTueWedThuFriSat
31123456
78910111213
14151617181920
21222324252627
28293031123
45678910
Monthly
August, 2016
July, 2016
June, 2016
May, 2016
April, 2016
March, 2016
February, 2016
January, 2016
December, 2015
November, 2015
October, 2015
September, 2015
August, 2015
July, 2015
June, 2015
May, 2015
April, 2015
March, 2015
February, 2015
January, 2015
December, 2014
November, 2014
October, 2014
September, 2014
August, 2014
July, 2014
June, 2014
May, 2014
April, 2014
March, 2014
February, 2014
January, 2014
December, 2013
November, 2013
October, 2013
September, 2013
August, 2013
July, 2013
June, 2013
May, 2013
April, 2013
March, 2013
February, 2013
January, 2013
December, 2012
November, 2012
October, 2012
September, 2012
August, 2012
July, 2012
June, 2012
May, 2012
April, 2012
March, 2012
February, 2012
January, 2012
December, 2011
November, 2011
October, 2011
September, 2011
August, 2011
July, 2011
June, 2011
May, 2011
April, 2011
March, 2011
February, 2011
January, 2011
December, 2010
November, 2010
October, 2010
September, 2010
August, 2010
July, 2010
June, 2010
May, 2010
April, 2010
March, 2010
February, 2010
January, 2010
December, 2009
November, 2009
October, 2009
September, 2009
August, 2009
July, 2009
June, 2009
May, 2009
April, 2009
March, 2009
February, 2009
January, 2009
December, 2008
November, 2008
October, 2008
September, 2008
August, 2008
July, 2008
June, 2008
May, 2008
April, 2008
March, 2008
February, 2008
January, 2008
December, 2007
November, 2007
October, 2007
September, 2007
August, 2007
Privacy Statement  |  Terms Of Use
Copyright 2012 by Diana West