In Tennessee last May, Republican Gov. Bill Haslam appointed Samar Ali as international director of the Tennessee Department of Economic and Community Development (ECD). Attempts to connect her to stealth jihad have been ridiculed. Yet when one connects the dots between Ali and several organizations and individuals, a number of troubling relationships arise, especially regarding the phenomenon known as Sharia-compliant finance (SCF).
SCF is best explained by Deroy Murdock in a 2008 column: "Turn your clock back 70 years. Imagine that Wall Street banks and brokerages sold Nuremberg-compliant bonds and stock funds in 1938," he writes. "American Nazi sympathizers bought financial instruments certified by Berlin-based advisors as free of 'Jewish profits' from, say, Salomon Brothers and Bloomingdale's."
That's the first half the equation. Then comes the far more important second half. "In turn, a percentage of such funds' gains underwrote pro-Nazi charities, like the German-American Bund, and similar organizations in the Fatherland, like the Hitler Youth." In short, Murdock is using an apt analogy to illuminate the true nature of SCF: it is a money-laundering operation used to underwrite international terrorism.