Kresta in the Afternoon – November 6, 2008 – Hour 1

  • Description:

    First Topic - U.S. Treasury Endorses Shariah Compliant Finance

    The U.S. Treasury is holding a workshop at its headquarters today to promote Shariah-Compliant Finance (SCF) to U.S. government personnel. This “seminar for the policy community,” entitled “Islamic Finance 101,” is being made possible by a collaboration between the Treasury Department and Harvard University - the most prominent and aggressive institutional advocate in American academia for Shariah and Shariah-Compliant Finance. The meeting will be hosted by Assistant Treasury Secretary Neel Kashkari, the man responsible for allocating the $700 billion Troubled Asset Relief Program. Frank Gaffney is here to explain SCF and why he is scared to death about this conference.

    Second Topic – Direct to my Desk

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