North Jersey Federal Credit Union has designed a Shariah-Compliant banking division.
Through a partnership with New England Financial, North Jersey is also offering Shariah Mutual Funds. Clients of New England Financial may wish to take this into account when making investment decisions in the future.
Note that the release linked below claims that there are 700,000 Muslims in northern New Jersey, a figure that is almost certainly wildly exaggerated. One thing that the release omits is the fact that northern New Jersey and its mosques have a history of Jihadist activity…
http://www.cutimes.com/News/2010/6/Pages/North-Jersey-FCU-Offers-Islamic-Banking.aspx
