This film says there are verses in the Old Testament and New Testament referring clearly to Prophet Muhammad and that he is the last of Allah's Prophets.
Is it true?

NO

What film are you referencing?

Muhammad was not a prophet. All prophets were Israelites and Muhammad was an Ismaelite.

The film titled : The Absolute Truth about Muhammad in the Bible

http://www.youtube.com/watch?v=OV3CK-zT7s0&feature=youtube_gdata_player

Do Bibles say that? Where?

After the betrayal by Balaam. Balaam was not an Israelite, and tried to use the power of God to curse them just before they entered the promised land. In Deuteronomy 18, starting in verse 15, it becomes clear that only a prophet from the Israelites will speak for Him. That doesn't mean that someone besides an Israelite cannot become one for their own group, but as far as those listed after Balaam in the Bible, they were Israelites. In those days, after the betrayal, the thought of another group even having a prophet from God was unthinkable. Balaam is spoken about badly in Revelation, so they never got over the betrayal to even consider placing a non Israelite prophet in the Bible with positive words.

The story of Balam Baawra

God gave Balam, who was the son of Lot, the greatest name, and he used to pray with it, and he was answered. Pharaoh said to Balaam, pray to God against Moses and his companions to hold him in custody over us, so Balam tried until the greatest name slips from his tongue.

The video shows the name Mahammad was found in Hebrew Bible = מחמד
http://www.youtube.com/watch?v=OV3CK-zT7s0&feature=youtube_gdata_player

The last classical profit, maybe.

Yes, check this out:
[Amos 2:11] And I raised up of your sons for prophets, and of your young men for Nazarites. It is not even thus, o ye children of Israel? saith the LORD.

God raised up Israelite men to be his prophets and priests. Starting with Mozes. And if you know the bible, you can tell which was the last prophet. Wasn't Muhammad. Islam is a new religion and came 600 years after Christ into existince. The Israelites are the sons and daughters of Jacob and Ismael wasn't. Please, check it out! So, here you have your proof. Notice also that Muhammad is not the way BUT Christ. There are no prophecies in the Koran and the bible prophecies the coming of Christ and not Muhammad. The bible has nothing to do with Muhammad. Christ, the son of God, is the redeemer. If you understood the topic of the bible, you would instantly have known, that Muhammad can NEVER be a prophet of God.

For those of us who don't have time or inclination to watch videos, when a simple written post would work....what are the verses referenced...since YOU apparently watched it..
Thanks

tdion...
As Abram/ Abraham was the father of Ishamel...he IS actually descended from the same bloodline as Issac..can't dispute that, unless you go by the Mother's side instead (which they seem to have done with Mary)....
Also, , Abraham marries a second wife, Keturah, who bears him six children (Gen 25:1-4). These children, too, are the ancestors of various Arabian groups, including the Midianites. And Gen 25:6 mentions Abraham’s sons by concubines, suggesting that he had even more children; they, too, are residents of the “east country.” When all of these descendants are taken into account, the size of Abraham’s family—encompassing ancient Israel and numerous peoples of the Arabian Peninsula—is enormous.

You are right and your observation correct. The topic was however, about Muhammad being the last prophet of God. With [Amos 2:11] I proved that all prophets of God were Israelite men, without exception. Abraham was a Hebrew and not an Israelite. The bloodline goes from Abram to Isaac to Jacob. Jacob and his 12 sons make up the 12 tribes of Israel and jacob and his descendants, are the chosen seed. Check this out:

[Roman 9:7] Neither because they are the seed of Abraham, are they all children: but, in Isaac shall that seed be called. Esau was the 1st born child but he sold his birth right to Jacob for one morsel of meat

The blessings, and the promises are for Jacob and his descendants.

tdion

I will not argue with you...as I understand to some Jewish people, they go by the mother..if *she* is Jewish, then the children are automatically Jewish, even if the father isn't.
So, maybe historically they went through the matrilineal side (as they did with Mary, because Joseph wasn't relayed to Abraham...Mary was).
Otherwise, Ishmael was the same bloodline as Issac..i.e. had same father..
Just because someone arbitrarily says they are not going to "acknowledge" something doesn't mean it didn't happen/ isn't true..

The video is short. You can hear them reading the verses

You must ask yourself if the Jewish people are correct. The Bible tells us that the lineage is determined by the man. He carries the seed and therefore the child is his.
Simply put... you are what your father is. Notice that God consistently mentions the seed line, which is the sperm of the man. The ovary is not mentioned.

If so ("The Bible tells us that the lineage is determined by the man. He carries the seed and therefore the child is his.")
Then Ishmael was Abrahams child, and he has just as much a right as Issac...

If you do not agree...explain why..thank you.

... to elaborate some more... Paul tells us in the next verse [Roman 9:8] that the children of the flesh, which are those that you named and more, are NOT the children of God, but the children of the promise are counted for the seed, which are Jacob and his descendants. In case you or someone might think that it was then, but that Christ changed everything when he died on the cross, then the profit Malachi [3:6] reminds us that God does not change. So, to recap... biblically there are two types of people in the world. The Jews and the Gentiles or the children of God and the rest.

I agree partially, since Ismael was the son of Abraham and he was a Hebrew but NOT an Israelite. The promises go to Jacob and his son and their descendants, and therefore Ismael was a child of the flesh. You mentioned Isaac but he too was a Hebrew and a child of the flesh.

It was prophesized that Ismael and his descendant would become a great and large nation.

This is what God hath to say about Jacob [Deut. 32:9] For the LORD's portion is his people (the israelites), Jacob is the LOT of his inheritance. Meaning he made the world for Jacob.