" According to AIG, the role of its Sharia authority "is to review our operations, supervise its development of Islamic products, and determine Shariah compliance of these products and our investments.

CENTERFORSECURITYPOLICY: Center For Security Policy

According to the executive director of the International Shariah Research Academy for Islamic finance, Mohamad Akram Laldin, 80% of Islamic financial products are merely Islamised versions of conventional ones.

BBC: Islamic finance faces growth challenges

Whatever the status of AIG's takaful products under Islamic law, the U.S. government now has a vested interest in their financial success.

CENTERFORSECURITYPOLICY: Uncle Shariah