As we reported here 3 weeks ago, General Electric Capital Corporation plans to sell five-year Islamic bonds in its first Shariah compliant debt offer.

GE Capital hired Citigroup Inc., Goldman Sachs Group Inc., National Bank of Abu Dhabi PJSC, and the Bahrain-based Liquidity Management Centre BSC to manage the sale. Those who have followed Shariah Finance for some time now, will recognize these names as the “usual suspects.”

GE’s involvement with promoting Shariah, the barbaric doctrine of the enemies that seek to replace capitalism, end free speech, eliminate rights for women and phase out self-determination, should come as no surprise given their shameful business partnership with the Jihadist regime in Iran, which ended only after media and shareholder scrutiny just resulted in too much heat for GE’s management.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9x7KQldDfmM

 

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