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Economic jihad and U.S. ports? A growing Muslim financial network.

Publication: The Washington Times
Publication Date: 13-MAR-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Economic jihad and U.S. ports? A growing Muslim financial network.(OPED)

Article Excerpt
Byline: Rachel Ehrenfeld and Alyssa A. Lappen, SPECIAL TO THE WASHINGTON TIMES

Thanks to our congressmen who lined up against trusting the management and leases of U.S. ports to the sheikdom of Dubai, Dubai Ports World announced on March 9 that it will transfer its U.S. operations to an American entity. However, it is not clear that they gave up the ownership.

Our elected officials knew all along that this deal would have been a grave mistake. But even they did not realize this deal's full implications. DP World's acquisition of the British Peninsular and Oriental Steam Navigation (P&O), is not merely a financial transaction. Rather, it signals a major advance in the economic jihad waged by the Islamic world against the West.

According to a fatwa issued on July 10, 2002 by Hussein Shihata, Professor of Islamic Economy at Cairo's...

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