Christian Message Boards: Muslims Told to Withdraw U.S. Assets

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Posted by barrykind (Member # 35) on :

Muslims Told to Withdraw U.S. Assets
published 04:56 AM - AUGUST 31, 2002 Eastern Time

BEIRUT, Lebanon (AP) _ Muslims everywhere should withdraw their money from U.S. markets because those funds may be frozen or confiscated, Lebanon's top Shiite Muslim cleric said in a sermon.

Grand Ayatollah Mohammed Hussein Fadlallah also warned worshippers gathered for Friday prayers in a Beirut suburb that a possible U.S. attack on Iraq was designed to assert America's control of oil in the Middle East and elsewhere.

Fadlallah's sermon came days after a lawyer for 700 relatives of Sept. 11 victims filed a $1 trillion lawsuit against the Saudi and Sudanese governments, as well as members of Saudi royal family, banks and charities. It contends that they financed the plot in which some 3,000 people died.

"We must change our mentality in the political, economic and security dealings with America, especially by withdrawing Arab and Islamic investments in America because new laws there have started to represent dangers of freezing and confiscating under decisions resulting from Sept. 11," Fadlallah said.

The Financial Times reported earlier this month that Saudi investors have withdrawn $200 billion from U.S. financial markets in recent weeks. The report was denied by Saudi billionaire investor Prince Alwaleed bin Talal, a nephew of Saudi King Fahd, who said that withdrawing such an amount from American markets would have caused a shockwave in the United States.

Fadlallah, 67, is a senior Shiite religious authority and a harsh critic of U.S. policies in the Middle East, a region where many Arabs view America as being biased toward Israel in its conflict with the Palestinians.

On Aug. 12, Fadlallah issued a Fatwa, or religious edict, banning Muslims from assisting the United States and its allies if they attack Iraq.