Friday, October 03, 2008

The Market Value of Islam Going Up?

At any other time at least since 11 September 2001 (if not 4 November 1979), well-financed propaganda like Obsession ("a documentary [sic] about 'radical Islam’s war against the West'"), combined with general hatred of immigrants, would have become big news and a not insignificant factor in not just elections but politics in general in the USA.

But I take comfort in the thought that even the dimmest bulbs in the middle of Middle America must be too appalled by the financial crisis to obsess over Muslims.

As a matter of fact, the market value of Islam might even be going up just now among the financially insecure: Syed Zahid Ahmad, "Islamic Banking Restrains Bankruptcy" (RGE, 28 September 2008); Mohammed Al-Hamzani, "Islamic Banks Unaffected by Global Financial Crisis" (Asharq Al-Awsat, 30 September 2008); "Non-Muslims Turn to Islamic Bank as a Safe Option" (Birmingham Post, 3 October 2008).

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