On December 1, 2008, AIG announced that it was "introducing a Takaful Homeowners Policy, the first installment in Lexington Takaful Solutions, a series of Shari'ah-compliant (Takaful) product offerings in the U.S. The newly announced Takaful products are compliant with key Islamic finance tenets and based on the concept of mutual insurance." Note that AIG indicates that such Sharia insurance products are the "first installment" in a series of Sharia products. In the AIG press release, AIG Takaful's Abdallah Kubursi expresses his pride in AIG's ability to promote Sharia within the United States, stating "This is truly a global effort on the part of AIG."
This is our company, using our taxpayer dollars, to promote Islamic supremacist Sharia-based products in our country. As we are $40 billion owners in AIG, this is our problem as Americans. What is our government and AIG going to do about this?
First, let's remember what Sharia is and is not.
Sharia is a legal codification of the political ideology of Islamic supremacism. This Sharia legal codification is intended to enforce discriminatory and segregationist practices against women and non-Muslims and to suppress the liberties of those living in Islamic theocracies. As a legal codification of a supremacist ideology, Sharia is incompatible with democratic values and the inalienable human right that "all men are created equal." In 2001, nearly two months before the 9/11 attacks, the European Court of Human Rights determined that Sharia law was incompatible with democracy and human rights. The President of the European Court of Human Rights stated that "the Court found that sharia was incompatible with the fundamental principles of democracy as set forth in the Convention... Principles such as pluralism in the political sphere or the constant evolution of public freedoms have no place in it. According to the Court, it was difficult to declare one's respect for democracy and human rights while at the same time supporting a regime based on sharia...". Even British courts have ruled that Sharia is "discriminatory."
In a nation such as the United States, based on the inalienable human rights of equality and liberty, why would American taxpayers seek to fund a business selling products that promote a discriminatory, segregationist, and supremacist ideology that is "incompatible with democracy and human rights"?
Sharia is not merely "cultural beliefs," "religious beliefs," or "social preference." In the AIG press release, AIG's Abdallah Kubursi would have Americans believe that the goal of promoting such Sharia products is to expand "social preference." But America has rejected those who would label supremacist values as "social preference," just as they rejected white supremacists who once called for racial segregation and discrimination. America's society, businesses, government, and law rejects supremacist ideologies. Just ask President-Elect Barack Obama.
This is the same Sharia ideology that has been used by the Islamic supremacist Taliban to murder those who they believe have committed moral crimes, the same Sharia ideology that was used to murder a 13 year old girl last month who was raped in Somalia, and the same Sharia ideology supported by the Taliban, Al Qaeda, and Islamic supremacists around the world. It is the same Sharia ideology whose zakat charities have been used to fund jihadist terrorist organizations. On September 18, 2008, Congressman Tom Tancredo's office introduced "Jihad Prevention Act" (H.R. 6975). According to the press release from his office on this bill, "the legislation would make the advocacy of Sharia law by radical Muslims already in the United States a deportable offense."
But now American taxpayer dollars are being used to promote products based on Sharia?
In fairness to AIG, there are many who do not understand the political Islamic supremacist nature of Sharia.
Stop Sharia Now (FAQ item 17) provides a quote regarding an "Islamic Finance conference" in New York City where an attendee asked the meaning of Sharia. One of AIG's Sharia advisors, Sheik Nizam Yaquby, ambiguously responded by stating that "Shariah is the path on which we walk, the water which we drink." Those of us who are aware that Sharia is a legal codification for all aspects of Islamic supremacist life grasp what Yaquby was trying to communicate; certainly none of the supremacist aspects of Sharia was communicated by Yaquby. It is then reported that "Not one person in the room followed up with a question. The group went back to looking at flowcharts and graphs." So it should be little surprise that few people involved with Sharia finance products actually understand the ramifications of promoting Islamic supremacist Sharia.
To give AIG an opportunity to respond to this, I called the individual listed on AIG's press release for its Sharia Takaful Homeowners Policy, Jim Crain, and talked to him about the AIG product. My impression is that AIG's Jim Crain is a businessman, and I got the distinct feeling that he was uncomfortable with being named as the AIG point of contact on a product with political connotations. I told AIG's Jim Crain about the online petition signed by over 100 individuals calling for the Federal Reserve Board and the Department of Treasury to call for AIG to divest itself of its Sharia businesses. I also told AIG's Jim Crain about how the Islamic supremacist Taliban and other groups are seeking to promote Sharia.
AIG's Jim Crain told me that he had no comment on AIG's Sharia product linkage to the Islamic supremacist Sharia ideology, but stated that with "this business venture" it was not AIG's intent "to enter into the political arena at all." Jim Crain stated that he did understand that Sharia is viewed as a political ideology, and commented "that is becoming more apparent as the days go on." (I would conclude from this that I was not the first person who has called Jim Crain about this.) He stated that "it is entirely possible" that the public is going to think that AIG is taking a political position that is pro-Sharia. Jim Crain concluded our discussion by stating "I am going to pass your concerns on to our senior management and legal."
Now it is your turn. American taxpayers own $40 billion worth of AIG stock. This is your company and your responsibility to contact AIG about both its Sharia finance businesses and its efforts now to promote Sharia-based insurance in the United States.
Let AIG's Jim Crain know that the calls he has gotten thus far complaining about AIG's Sharia based business is the tip of the iceberg. Jim Crain's phone number and email address are provided on the AIG press release to discuss AIG's Sharia-based Takaful Homeowners Policy. Let him know precisely what you think of it as a shareholder in AIG, and ask Jim Crain to make certain that his senior management also is aware of your concerns as well.
Sign our online petition demanding that the Federal Reserve, Securities Exchange Commission, and Department of Treasury carry out their fiduciary responsibilities under H.R. 1424 to act as the Financial Stability Oversight Board in America's interest - and demand that AIG divest itself now of its Sharia businesses. This is an opportunity to make American commitment to human rights a part of how companies do business in America. It is our responsibility to let AIG know our concerns.
Let's make our voices heard on this outrage, just as we would if AIG was offering a white supremacist financial products, black supremacist financial products, or any other products or services linked to a supremacist ideology. We need to make our voices heard because supremacism is fundamentally against the inalienable human rights of equality and liberty, as defined in America's Declaration of Independence... and declaration of our identity as well. By the very definition of America, we are responsible for equality and liberty, and we are responsible for confronting Islamic supremacism.
[Postscript - see also Sources documents for additional reading and background information.]