Wednesday, March 21, 2007

Cayman Islands Government introduced an Arabic language facility [How to clean your Jihad money]

The Cayman Islands were the center for BCCI’s activities.

Cayman Islands has become a major centre for Islamic finance-will now allow naming of companies in Arabic.

Hat tip to: that has sent out this email.

Cayman Islands Government introduced an Arabic language facility [How to clean your Jihad money]

March, 20, 2007 Cayman's financial services offerings enhanced Tuesday, March 20, 2007

(Financial Services) The General Registry of the Cayman Islands Government earlier this month introduced an Arabic language facility to enable registration and other certificates to be issued bearing a company's name in both Arabic and English.

The announcement of this latest development came in the form of a press release from the Portfolio of Finances & Economics.

"This customization of our Registry service for a market of growing importance to us is an indication of our commitment to innovation and quality, and we look forward to expertly catering to Islamic finance structures for the long term," said Deborah Drummond, Deputy Financial Secretary (Financial Services), Cayman Islands Government.

"I'd like to thank, in particular, the leadership at the General Registry and the local office of the Saad Group for making the new Arabic language facility a reality so quickly."

The service enhancement was an outcome of a roundtable on Islamic Finance convened by the Portfolio of Finance & Economics recently, which included representatives from the Cayman Islands Government, Cayman Islands Monetary Authority (CIMA) and private sector professionals with specialist capabilities in capital markets products to consider ways in which Cayman could specifically cater to the Islamic market.

Charles Quin, QC, President of the Cayman Islands Law Society said: "The ability of the Cayman Islands to quickly implement service enhancements such as the Arabic language facility is a clear indicator of the jurisdiction's swiftness in responding to commercial opportunities, such as the growth of Islamic finance. Enhancements such as these also help contribute to the world-class quality of financial services providers that exist in the Cayman Islands."

The Cayman Islands is fast becoming the leading offshore jurisdiction for Islamic finance structures, which have a current estimated market size of between $250 billion and $500 billion, according to an article entitled "Islamic Banks urged to raise risk capacity" published in Gulf News on 29 January this year.

Specifically, Cayman Islands institutions have become experts in structuring "sukuks," bond issues that comport with Shari'a law, which prohibits interest payments and requires tangible assets or equity to be used as collateral.

Sukuks that are developed and marketed in the Middle East predominantly use Cayman Islands-domiciled issuers over other jurisdictions.

Cayman's established legal system, competitive costs, efficient turnaround and professional infrastructure are strong incentives for financial institutions to structure finance vehicles in Cayman. In addition, the Cayman Islands' strong reputation in the world of global finance is a significant advantage in securing the desired bond listings and ratings.

A ground-breaking $600 million sukuk, structured in Cayman, was successfully closed in February 2007.

The sukuk was established for the Dar Al Arkan Real Estate development company, a leading residential real estate developer in the Kingdom of Saudi Arabia.

The landmark three-year issue marks the first sukuk issued by a Saudi corporate in the international capital markets.

The issue was heavily subscribed, with many western investors, particularly hedge funds, attracted to the diversification and strong asset backing provided by a rated Islamic bond.

Building on 40 years of steady, consistent growth, the Cayman Islands financial services industry continues to be one of the top ranked in the world in terms of quality, business integrity and assets under management.

The industry encompasses banking, trust services, mutual funds, insurance, vessel and aircraft registration, capital markets products and the Cayman Islands Stock Exchange.

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Israel should have [a long time ago] press the UN for:
1) Condemming Arab Muslim 'Palestinian' parents, teachers, leaders, Mullahs, for using Arab kids as human shields and as human bombs, clarifying the real culprits in Arabs' deaths.
2) Violations by ILLEGAL PA Arabs "settlers" on Israel's "agreed" borders by the UN.
3) "Palestinian" Violation of virtually ALL agreemants pacts with Israel (Oslo, Camp David, etc.).
4) The PA official media & education = hate (crimes) campaign on "the joos", (not just on Israel...).
5) Exposing the constant intimdation on nations by the GOLIATH ARAB MUSLIM (oil) block, to tarnish innocent Israel in the UN.



1) Are you denying that the Arab racist attacks on Jews in Israel/"palestine" has started since 1838 (Safed) [so were the attacks in 1883, 1920, 1921, 1929 - Hebron, etc.]?

2) Had Israel be a (mostly) Arab-Muslim State, would the intolerant Arab-Muslim Goliath world not accept them?

3) Why is there a complete silence on the historical fact of Arab immigration late 1800s early 1900s into Israel/"palestine"?

4) What anti-Israel bigotry is stronger, the "Arab racism"; factor? or the 'Islamic-Jihad' factor?

5) 'Moral equivalence' Do you have Arab activists on behalf of Israeli victims, just like you have Jewish, Israeli, Zionists activists for the (so called) 'Palestinian cause' (whatever that is...)?

6) If humane Israel would really go after "unarmed poor palestinians" as the 'Pallwood' propagandists tell us, How many Arabs would have survived Israel's might?

7) Who's more at fault, the Arab Muslim "Palestinians" parents pushing for Shahid-isim, or the indoctrinating Mullahs, Imams in the holy Mosques for using "Palestinian" kids and women as human bombs and as human shields (so they can blame the Zionists when Arab kids die)?

8) What would have happened if Arab Muslim "Palestinians" would have invested as much energy in rebuilding their lives as they do in destroying both nations' lives in fascistic Jihad, total hatred and campaign for GENOCIDE [to "drink the blood of the Jews" or to "push them all to the sea", or to "wipe them off of map"]?

9) Why does "bad" IDF Israeli army announce an area residents' civilians to evacuate before an operation against terrorists?

10) Why did Humane Israel's IDF invented specially low range missiles designed to hit ONLY the [terror] target and minimize collateral damage?

11) When was the last time the "Palestinian" well oil-ed propaganda machine has retracted [or even apologized] for it's usual PALLYWOOD fake images industry?

12) What's the difference between a Christian in Indonesia, Buddhist in Thailand, Christian in Nigeria, in Philippines, Australians in Bali (2002), non Muslims in London (0707/2005), in Madrid (bombing), "not the-right-kind-of-Muslims" in Shiite-Sunni hateful massacres in Iraq, oppression & massacres in the "Islamic Republic of Iran", and Israeli victims of the same "evil ideology"?

13) What's a harder oppression, your "average" Arab Muslim regime's on it's own people, Hamas-tan Islamic Apartheid [which most "Palestinians" supported!] on non Muslims, or the pro-Jihad parents' on their kids?

14) What would have happened if at least ONE Arab Muslim nation [regular or oil-ed one] would really care about the Arab [brothers, that since the 1960's started to call themselves as] "Palestinians" and let them get off the terror slum into normality and even prosperity?

15) What part of 'BLIND FASCISM' do Arab-Muslims deny, the usual obsessed anti Israel demonization [no matter what Israel does] or the reluctance to see Israel's super kind gestures for those that are trying to kill them [releases from prison, giving away own land vital to it's security, humanitarian aid, etc.] not as goodness but as "weakness"?

16) Why is it that when Islamists terrorists [Hamas or Hezbullah, Islamic Jihad, etc.] succeed in making sure Arab kids die [with their known tactics of cowardly firing among or behind children, etc.] the Arabs, Muslims rejoice and the Israelis, Jews are saddened ?

16) How can land be an issue [or the blatant lies the Arab lobby's financed: Jimmy Carter has said, though he admitted that Israel is a great equal democracy for all, Arabs and Jews alike!'] if "moderate" Palestinian official government still has venomous hatred and pro 'death cult' in it's regular curriculum and on it's official TV, or that such "moderate" Arab media outlets [like Al Jazeera] still glorify mass murder as "martyrdom"?

17) Who's more powerful, the Arab Muslim Goliath Oil mafia "lobby" on the world or a Chinese, Italian, Israeli, Irish, pharmaceutical, cigarettes lobbyists in Washington?

18) Had the International Arab Muslim lobby of nations in the UN [or the EU] not threatened other nations to bash Israel 24/7 [motivated by intolerance only!], What would be then the outcome?


Let's make it clear, even if there will be a "Palestine" state, it will never change the factual history, that a group of foreign Arab immigrants came into the (historic) land of the Jews (and started to call themselves as "Palestinians" in the 1960's) and hijacked the world comunity via terrorism and Arab oil power to give them yet a second 'Palestine' state (after Jordan).



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