Sharia’s Growing Influence on U.S. Finance
Posted By: ConservativeYankee, 5/27/2026 12:31:12 PM
One of the areas where Sharia law appears to be making inroads into American society is through the U.S. financial system. Under Sharia, or Islamic, law, charging interest (“riba”) on loans or earning interest on deposits is forbidden for even observant Muslims living in America, a strange anachronism in a country where interest- and credit-based finance is a cornerstone of the economy. According to Sharia-compliant fatwas, or rulings, recently issued by the Fiqh Council of North America, Muslims are prohibited even from investing in the stocks of any companies whose interest-based debt exceeds 30% of their market capitalization, or whose interest-based deposits exceed 30% of the market cap of their total equity.
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One of the areas where Sharia law appears to be making inroads into American society is through the U.S. financial system.
Under Sharia, or Islamic, law, charging interest (“riba”) on loans or earning interest on deposits is forbidden for even observant Muslims living in America, a strange anachronism in a country where interest- and credit-based finance is a cornerstone of the economy.
According to Sharia-compliant fatwas, or rulings, recently issued by the Fiqh Council of North America, Muslims are prohibited even from investing in the stocks of any companies whose interest-based debt exceeds 30% of their market capitalization, or whose interest-based deposits exceed 30% of the market cap of their total equity.
Non-whites are set to become the majority for the first time in the US by 2050, a situation mirrored in up to 16 states — including New York, New Jersey and Connecticut, according to new census data.
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In 1980, the US was 80% white, but that figure is expected to drop to 47% by 2050 and 44% by 2060. At the state level, some of the shifts are even more striking.
For years, Democrats and their allies in the media swore Joe Biden was sharp as a tack, fully capable, and absolutely fine. Then came the June 2024 debate, and that story collapsed in real time before millions of viewers. The fallout was so bad that Biden's own party forced him off the ticket. He dropped out, spent the rest of his term below the radar, and has spent his post-presidency trying to rehabilitate his image. Now, that effort has taken a new and telling turn. Biden filed a lawsuit Tuesday in U.S. District Court for the District of Columbia seeking to block the Justice Department from releasing roughly
Trump Praises Paxton, Delivers Perfect
Nickname for Talarico - Once You See It,
You Can't Unsee It 3 replies
Nickname for Talarico - Once You See It,
You Can't Unsee It 3 replies
As we reported. Texas Attorney General Ken Paxton won the Republican primary for the Senate seat against Sen. John Cornyn (R-TX).
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Former Attorney General Pam Bondi, who is reportedly battling thyroid cancer, has been appointed by President Donald Trump to serve on an advisory panel focused on Artificial Intelligence policy.
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“Winning the AI race means not only beating China but also clearing bureaucratic hurdles
Americans traveling in Africa who are diagnosed with or suspected of having Ebola will not be brought back to the U.S. for treatment, according to a new report.
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Democrats weighing 2028 presidential campaigns are seeking ties with Sen. Elizabeth Warren as she works to shape the party’s next White House primary, according to Axios.
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fireworks display 2 replies
to feature world record-breaking July 4
fireworks display 2 replies
More than 860,000 fireworks are expected to be launched from the National Mall during next [this] year’s Fourth of July celebration for the US’ 250th birthday, an amount that would surpass the current world record for the largest fireworks display. The current record was set during a New Year’s Eve celebration in Manila in 2016, when roughly 809,000 fireworks were used during a show that lasted more than an hour. The planned DC celebration would far exceed the city’s traditional Fourth of July fireworks shows, which typically launch between 17,000 and 20,000 shells.
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After a veteran’s wife posted online asking for someone to take a picture of her husband's grave in Arlington National Cemetery, Director of National Intelligence Tulsi Gabbard was able to pay respects to the fallen soldier and get a photo for his widow. X user SharrellAnne posted to the platform on Sunday, "This is probably a long shot, but if anybody happens to be in DC this weekend and plans on visiting Arlington, I would love to see a fresh photo of my husband’s grave in Section 60." The fallen soldier's name was SSG Alan W. Shaw, who died in 2007. She then listed the details of her husband's grave.
Spc. Richard Leroy McKinley’s white marble headstone may look like the others in Arlington Cemetery, but his grave serves as a grim reminder of the first fatal nuclear accident in America.
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The Last Hurrah of the RINO Establishment
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Once again, the U.S. Senate is on vacation. This group barely works, and when they are in session, they accomplish practically nothing. Since the start of President Donald Trump’s second term, Congress has passed only one major piece of legislation. While the “One Big Beautiful Bill” was a notable accomplishment, it should not have been the only legislative victory for the Republican Congress. During the same period of President Joe Biden’s administration, a Democratic-led Congress passed four major pieces of legislation: the American Rescue Plan, the Bipartisan Infrastructure Act, the CHIPS Act, and the Inflation Reduction Act.
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Zohran Mamdani Just Announced Plans to Begin Seizing and Redistributing Private Property
AP Photo/Yuki Iwamura
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Addressed the historic Ebenezer Baptist Church in Atlanta with Georgia Sen. Raphael Warnock. (Democrats note that Warnock, the church’s senior pastor, doesn’t always allow visiting politicians to speak at this church. Former Transportation Secretary Pete Buttigieg didn’t speak when he visited in March.)
…
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Billionaire California Gubernatorial Candidate
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Girls’ Sports 15 replies
Billionaire California gubernatorial candidate Tom Steyer said he fully supports transgender-identifying males playing on females’ high school sports teams — despite concerns over women’s safety and fairness in athletics.
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Kitchen tin foil, or aluminium foil, could help during these conditions, say experts.
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Is Trump’s strategy wise?
Democratic Rep. Al Green loses to fellow
Democratic Rep. Christian Menefee in Texas primary 12 replies
Democratic Rep. Christian Menefee in Texas primary 12 replies
Long-time incumbent Texas Democratic Rep. Al Green lost his primary Tuesday to fellow incumbent Democratic Rep. Christian Menefee in a special runoff election that pitted two incumbents against each other for the same seat.
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The time for Gavin Newsom honoring himself isn’t over yet.
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The $33,000 would come from the state’s General Fund at a time when
Who’s Behind the War on Data Centers?
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For many years the Soviet Union, and then Russia, financed the environmental movement in the United States. Their purpose was to suppress American production of oil and gas, and they succeeded to a considerable degree, to their own great benefit. Today, we are in the midst of another kind of race with Communist China–the race to develop superior systems of artificial intelligence. The Chinese Communist Party knows that if it wins this race, it will contribute greatly to its dreams of world domination, while if it loses, China, with its rapidly shrinking population, could be on the way to the garbage dump of history. So the stakes are enormous.
President Trump’s surprise endorsement catapulted Texas Attorney General Ken Paxton to a landslide victory in Tuesday’s Republican Senate primary runoff election.
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