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Islamic museum to be built on Ground Zero Mosque site

The Ground Zero Mosque project is dead, but Muslims will still get the last laugh. An Islamic museum, just miles from where the World Trade Centers came crashing down after Muslim terrorists slammed planes into the buildings will be built.

Islamic museum to be built on Ground Zero Mosque site

The developer of the failed Ground Zero Mosque has nailed down “Sharia-compliant financing” for a new, luxury condominium tower and Islamic cultural museum on the same site, he and his banking partners said Wednesday.

The $174 million dollar project features a three-story Islamic cultural museum at 51 Park Place and 48 high-end residential condos in a 43-story tower at 45 Park Place in the Financial District.

The “Sharia-compliant” financing means the deal complies with complex Islamic laws that govern lending and borrowing, including a prohibition against accepting interest or fees for loans.

Manhattan developer Sharif El-Gamal’s 2010 plan for a 15-story Islamic cultural center sparked protests from opponents who dubbed it the “Ground Zero Mosque,” although it was four blocks away.