HSBC: Leading Western Enabler of Financial Jihad?

Shariah Finance Watch ^ | 4 May 2012 | Unknown

[LSUfan]

We have covered HSBC frequently here on SFW, but Forbes and Reuters have just broken a story that paints a picture of HSBC as a financial institution out of control when it comes to vigilance against money laundering.

Couple HSBC’s deplorable money laundering vigilance with the fact that they are one of the world’s most active participants and promoters of Shariah Finance and you end up with a worrisome combination indeed.

[SunkenCiv]

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[SunkenCiv]

Thanks LSUfan.