AIG’s Sharia products may stop US bailout under constitution
US District Judge Lawrence Zatkoff has refused to dismiss a lawsuit filed in December on behalf of Kevin Murray of Washtenaw County, Michigan, to halt the US government bailout of AIG, Associated Press reports.
Murray claims the AIG bailout is illegal because the insurer has financial products that comply with Sharia principles and promote religion, specifically Islam, which is against the US constitution.
The government says the AIG bailout is not an endorsement of religion.
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