Dutch submission to Islam banking

The Belmont Club:

The Netherlands wants to become the center of Sharia Banking. The Brussels Journal reports quotes Dutch Finance Minister and Labor Party politician.

[We want to encourage Islamic banking.] In the first place because Islamic banking meets a demand from the Muslims living in the Netherlands. In the second place because we see an opportunity here for the Dutch financial sector. A third reason is that banning Islamic banking from the perspective of fighting terrorism will have a counter-productive effect. Denial of an actual need can lead to money-flows running via alternative channels out of the sight of the government.

Another dhimmi surrender or some sharp operators taking the gullible to the cleaners? At a recent lunch discussion, it was argued that Sharia banking, objectively considered, just another ethical product like carbon trading, in which you can charge a premium for what is essentially psychological value-added. After doing some research it turns out that the key to getting many Muslims to bank at all is to is to rename what Western bankers call interest as something else -- profit sharing, leasing, etc. Forbes Magazine recently ran an article on it (which for some reason is not generally available) titled "Don't call it interest", but fortunately a Sunni forum quoted it in full.

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There is more. this follows a report over the weekend which said that Holland would be a Muslim country in a few years and it looks like they are working on the transition already.

Are these the same people that legalized prostitution and drug use? What is with these people? It has not been that long since a Muslim fanatic murdered a film director who offended his sensitive feelings about Islam. If the Dutch want to give up not only their extreme freedoms but freedom of worship and freedom of speech, they seem to be on the road that will get them there.