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Suit Challenges AIG's Shariah Sales

The federal bailout program for American International Group Inc. is illegal because the insurer offers products that are compliant with Islamic law and therefore promotes...
December 23, 2008

The federal bailout program for American International Group Inc. is illegal because the insurer offers products that are compliant with Islamic law and therefore promotes Islamic beliefs, a federal suit filed in Michigan charged. The suit alleges that selling products and helping businesses that comply with the Islamic cannon law system Shariah not only violates the Constitution but promotes and finances "the destruction of America using American tax dollars." Filed by lawyers for the St. Thomas Moore Center, the lawsuit seeks a court order to stop the taxpayer funding of AIG and its alleged "Islamic-based businesses and activities."

The St. Thomas Moore Center is a conservative Christian, not-for-profit law center based in Ann Arbor, Michigan, and active throughout the United States. It was founded in 1999 by Tom Monaghan, the founder of Domino's Pizza, and Richard Thompson. Mr. Thompson is a former prosecutor known for his role in the prosecution of assisted suicide activist Jack Kevorkian. He now serves as the center's president and chief counsel.

The suit alleges AIG employs a three-person Shariah Advisory Board, with members from Saudi Arabia, Bahrain, and Pakistan. An AIG spokesman confirmed to the National Underwriter the existence of the board, but declined to comment further.

Suit Challenges AIG's Shariah Sales (National Underwriter 12/15/08)