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Sharia Compliant Financing and National Security Threats

The Incorporation of Religion & EconomicsSharia Compliant Financing (SCF) is a relatively new and little-understood form of economics that is based on Islamic law (sharia). Essentially, it is the incorporation of religion into economics by way of Islam. While Islam itself was established over 1400 years ago, SCF has been practiced only since the 1970s.  Video: 2014 Islamic banking is growing quickly, and firms are developing Sharia-compliant products designed to challenge conventional banking. Islamic banks want to open up markets for investors who insist on banking that conforms with Islamic law, but they also want to appeal to other investors. Multinational banks appear equally keen to expand their offerings to access a growing market.  PartnershipsThere are no difference between Muslims and non- Muslims in commercial dealings according to Reliance of the Traveler (written by Ahmad ibn Naqib al-Misri in the 1300s). Cooperative partnerships are allowed;…

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Commissioned, proprietary analysis of key components of terrorist activities and groups, such as “Recruiting Female Suicide Bombers”, written by experts worldwide.

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About the Contributor

Kristopher Kaim

Kristopher Kaim

Kris Kaim is currently the Chairman of the Geostrategic Forecasting Corporation, an international think-tank based in Chicago, IL. Mr. Kaim has spent the last ten years involved in counter-terrorism...