Ethics

Court allows AIG suit over Islamic insurance to go forward

By Ed Brayton

The U.S. district court hearing a challenge by a Michigan man against the federal government for bailing out insurance giant AIG because the company sells Shariah-compliant insurance policies to Muslims in the U.S. and abroad has denied a motion to dismiss (PDF) the suit and allowed the case to move forward.

The case, Murray v Geithner, was filed last December by the Michigan-based Thomas More Law Center, founded by Domino's creator Tom Monaghan. The TMLC calls itself the "sword and shield for people of faith," but in this case, the group argues that because the U.S. government now owns a substantial piece of AIG after the bailout, the fact that the company markets products to Muslims that comply with their faith makes the bailout unconstitutional.

Full post as published by Dispatches from the Culture Wars on June 03, 2009 (boomark / email).