HSBC praises Indonesia’s plan to issue Islamic bonds
If there is a Western financial institution that has done more to promote Shariah than HSBC, we don’t know about it.
HSBC has embraced Shariah enthusiastically and is involved in its financial arm everywhere from Western Europe to the Persian Gulf to the Orient.
If there is a financial institution worthy of a boycott by those of us who are concerned about the insidious spread of Shariah, HSBC sure seems to fit the bill…I know I won’t do business with HSBC.
For more about HSBC’s marriage to Shariah, check out our previous entry about their main Shariah scholar, Taqi Usmani:
https://shariahfinancewatch.org/2009/02/27/hsbcs-shariah-man/
Now, here is the latest example of HSBC serving as a cheerleader for Shariah:
http://news.xinhuanet.com/english/2009-08/07/content_11843132.htm
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