Maybe They Should Call It Death Insurance?Here's
an interesting story about attempts to sue a bank that is providing "life insurance" for suicide bombers.
The Arab Bank is one of the largest and most important financial institutions in the Arab world. The Jordan-based private bank, of which 40 percent is still held by the founding Schuman family, is active in 28 countries. The Jordanian monarchy even awarded Abd al Hamid Schuman a medal for his achievements and services to the country.
But the bank has long been suspected of directing money used to finance terrorism in the Palestinian Territories. And accounts at its Palestinian branches are also supposedly used to pay a type of life insurance to the families of youthful suicide bombers, who blow themselves up with the aim of killing as many Israelis as possible. The blood money paid for a son turned murder is 20,000 Saudi riyal -- roughly €4,000 or $5,000. The funds take a circuitous route to the accounts of those families that prove the death of their son by showing a death certificate at the Arab Bank branch in the Palestinian Territories. Then monthly deposits are made just like in Takruri's case.
Suicide bombers with foresight can take care of all the necessary paperwork before they blow themselves to smithereens. A so-called Martyr Kit includes everything from a death certificate from the Palestinian Authority to an account card at the Arab Bank.
How convenient!
Seriously, though, it highlights what a dysfunctional society the Palestinians inhabit. Everything is slightly distorted and backwards, like the Bizarro world of Superman comics.
