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Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA - Business - Nairaland

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Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 9:34am On Apr 15, 2010
Nairalanders please watch the second video link, the first link was flagged by some people on Nairaland who have a hidden agenda.



[flash=400,400]
https://www.youtube.com/watch?v=b_emH9gy7KI&hl=en[/flash]




[flash=400,400]
https://www.youtube.com/watch?v=2iNLgtSuMKc&hl=en[/flash]
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 9:42am On Apr 15, 2010
The UK now has five fully ‘sharia-compliant’ banks – providing products which prohibit interest payments and investment in alcohol or gambling firms in accordance with Islamic sharia law – while another 17 leading institutions including Barclays, RBS and Lloyds Banking Group have set up special branches or subsidiary firms for Muslim clients.

The $18billion (£12bn) in assets of Britain’s Islamic banks are said to dwarf those of Muslim states such as Pakistan, Bangladesh, Turkey and Egypt. And there are also 55 colleges and professional institutions offering education in Islamic finance in Britain – more than anywhere else in the world.

This development has been actively pushed by the government. When he was Chancellor of the Exchequer, Gordon Brown declared that he wanted London to become the global centre of Islamic banking. You can obviously see the attraction, especially in these straightened times. But the only thing our politicians and bankers appear to see is the seductive prospect of trillions of pound and dollar signs dancing before their bedazzled eyes.

What they refuse to acknowledge is the real price that is to be paid for this. They don’t understand that the spread of sharia banking in Britain and America is a significant part of the attempt to Islamise Britain and America. Acceptance of sharia finance furthers the Islamist objective of gradually legitimising Islamic sharia law more generally in the west.

The point which is being missed is that all who use it must conform to the dictates of sharia law. Sharia financial institutions may not be making this clear now – they don’t want to frighten people away – but at some point that IOU of sharia-compliance will be called in. This is how sharia-compliance will be spread to both the Muslim and non-Muslim population.

Any Western institution that endorses sharia-compliant products therefore effectively endorses the extremist ideology behind it of conquering the west for Islam, whether it knows it or not.

The most important point to grasp is that Islam recognises no authority superior to sharia. Sharia banks will therefore not recognise the superior authority of the law of the land. When trillions of pounds and dollars are locked into them, who will argue with them?

Even more troubling is the potential cover provided by sharia finance for the financing of terrorism. Sharia requires Muslims to tithe a percentage of their money to charity, called ‘zakat’.

But charity in Islam is more like solidarity. So some of this money donated to Islamic charities may well find its way to organisations promoting jihad and supporting suicide bombing including Hamas, Hezbollah, the families of Palestinian suicide bombers and Islamist madrassas in places like Pakistan.
Muslim women

Sharia finance: The UK now has five fully 'sharia-compliant' banks

Only certain Islamic authorities are entitled to issue the religious rulings or fatwas that can recognize investments as sharia-compliant. But the people and institutions making the decisions about where this money is sent are themselves often highly questionable.

These include the Fiqh Academy in Jedda, Saudi Arabia, which is associated with the Saudi-dominated Organization of the Islamic Conference (OIC); the European Council for Fatwa Research, and the Fatwa Council of North America. All of these are associated with the radical Wahabi and Salafi schools of Islam adhered to by groups such as al Qaeda and Hamas.
Radical cleric Sheikh Yusuf Qaradawi, who says suicide bombings are a religious duty in Israel and Iraq, is recognized as an expert in sharia-compliant investments.

Members of the Accounting and Auditing Organisation for Islamic Financial Institutions include the central banks of designated terrorist states Iran and Sudan along with finance houses implicated in funding al Qaeda, according to former U.S. counter-terror official Richard Clarke’s testimony to a commission investigating the terror attacks on the US.

And in any event, the very idea that sharia finance is necessary for Muslims living in the west is untrue. Indeed, Islamic countries have used and still use interest. The Ottoman Empire used it; and interest is permitted even in Saudi Arabia. In 1981 Sheikh Tantawi, the prominent Islamic legal authority at al Azhar university, Cairo, issued a fatwa justifying the charging of interest.

What has to be understood is that sharia finance is simply a modern jihadi strategy to help Islamise Britain’s institutions and society. It was devised in the mid-20th century by the ideologues who promoted the radical Islamism that threatens us today.

They advocated sharia finance as element of a separate, self-sustained Islamic order with its own Islamic ideology, Islamic politics and Islamic economics that taken together would guarantee an Islamic way of life and ultimately the Islamic state as the first step toward establishing Muslim rule worldwide.

As Britain’s government and banks congratulate themselves on the stunning growth of sharia banking in the UK, do any of them have the slightest understanding of what they are doing?

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Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Remii(m): 10:10am On Apr 15, 2010
That clip is from Christian Broadcasting Network (CBN), so nothing different is expected.

FYI, Islamic banking is not new in Nigeria, so Sanusi is not implementing anything. Habib bank, when established by Abiola and YarAdua came with Islamic window and many banks have it, even now.

LOTUS Capital is Halal fund, and for your information, it is the mutual fund with least value losses, during the meltdown. We accept IMF damaging conditionalities but want to throw away both baby and bath water once we hear Islamic, what a brilliant idea grin shocked lipsrsealed,
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 10:26am On Apr 15, 2010
Remii:

That clip is from Christian Broadcasting Network (CBN), so nothing different is expected.

FYI, Islamic banking is not new in Nigeria, so Sanusi is not implementing anything. Habib bank, when established by Abiola and YarAdua came with Islamic window and many banks have it, even now.

LOTUS Capital is Halal fund, and for your information, it is the mutual fund with least value losses, during the meltdown. We accept IMF damaging conditionalities but want to throw away both baby and bath water once we hear Islamic, what a brilliant idea grin shocked lipsrsealed,

Lets not turn this into an issue of religion.

Like you I am against the worldbank and IMF , they are simply capitalist , selfish institutions existing purely for maximum profit making .

But the crux of the issue with Islamic or Sharia banking as you read in my article is that it comes with strings attached.

I will try and do some more research , one that will be independent of CBN. grin
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 10:36am On Apr 15, 2010
[size=13pt]The article below was not written by me, but an anonymous Nigerian. Please ignore his grammatical errors, this article is not edited.
[/size]



Alhaji Mutallab,,.The Father As a Leader of Sharia Movement In Nigeria


",     Like all of the muslim Northern Nigerian leaders, DR. Mutallab the father of the terrorist who is now shedding crocodile tears because he is one of the leaders who groom the Wahabism in Nigeria. Alhaji Dr. Mutallab the father also groomed Sharia law in Katsina State, Alhaji DR. Mutallab Groom Sharia in Kaduna State,Alhaji Dr. Mutallab groomed Sharia in Kano State, Most of the extremism Ulama in Northern Muslim Nigeria are benefactors of Alhaji Mutallab[b], Dr. Mutallab groomed extreme Muslim businesses in Saudi Arabia, He has extreme business in Dubai and he has extreme religious business in Yemen and he has business and property in Yemen.[/b] Alhaji Mutallab is the owner of the only Islamic Bank in Nigeria, Alhaji Mutallab has ties and interest in almost all the extremist muslim religious groups in Nigeria. He is a top leader of the Sharia movement COUNCIL in Nigeria. This guy is dangerous and he has gotten it hot and thats why he is running from pillar to post because he destroyed Nigeria with his corrupt ways and his muslim jihadist ideas for long time.

    Dr. Mutallab the father of the terrorist was just covering his backside because he does not want to loose his investment in the Westen World and he does not want his family to be place on the no fly list as he wants to still enjoy his vacation and western women and western wine and drinks in Engalnd, Europe and America while still using extremism and corruption to maintain their corrupt hold in Nigeria by stealing from their people, thats thats why he reported his son to America, because he and most of the Muslim leaders in Nigeria knows more and they are part of the sponsors of world wide jihadism wahabism from Saudi Arabia, Sudan,Dubai, Yemen, Nigeria etc "




Now this is the same man who is one of the main proponents of Islamic banking in Nigeria.

He has ties to questionable sources and it is evident that there is something fishy going on.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by prettyG: 10:43am On Apr 15, 2010
IT WAS SOLUDO THAT APPROVED SHARIA BANKING. All these bigots should please shut the fvck up.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 10:47am On Apr 15, 2010
prettyG:

IT WAS SOLUDO THAT APPROVED SHARIA BANKING. All these bigots should please shut the fvck up.

The idea was sold to Soludo just like it is sold to the western world.

Any product can be packaged with bright and sparkly colors with some nice literature to support its purported uses.

I just do not know why some people are exceptionally ignorant most of the time.

And why the heck call it Sharia banking ? Is Nigeria an Islamic country ? Why not call it names such as :

- Ethical banking
- Banking with moral principles
- Peoples banking

etc

Blindness indeed has befallen many.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by texazzpete(m): 11:05am On Apr 15, 2010
frosbel:

[size=13pt]The article below was not written by me, but an anonymous Nigerian. Please ignore his grammatical errors, this article is not edited.
[/size]



Alhaji Mutallab,,.The Father As a Leader of Sharia Movement In Nigeria


", Like all of the muslim Northern Nigerian leaders, DR. Mutallab the father of the terrorist who is now shedding crocodile tears because he is one of the leaders who groom the Wahabism in Nigeria. Alhaji Dr. Mutallab the father also groomed Sharia law in Katsina State, Alhaji DR. Mutallab Groom Sharia in Kaduna State,Alhaji Dr. Mutallab groomed Sharia in Kano State, Most of the extremism Ulama in Northern Muslim Nigeria are benefactors of Alhaji Mutallab[b], Dr. Mutallab groomed extreme Muslim businesses in Saudi Arabia, He has extreme business in Dubai and he has extreme religious business in Yemen and he has business and property in Yemen.[/b] Alhaji Mutallab is the owner of the only Islamic Bank in Nigeria, Alhaji Mutallab has ties and interest in almost all the extremist muslim religious groups in Nigeria. He is a top leader of the Sharia movement COUNCIL in Nigeria. This guy is dangerous and he has gotten it hot and thats why he is running from pillar to post because he destroyed Nigeria with his corrupt ways and his muslim jihadist ideas for long time.

Dr. Mutallab the father of the terrorist was just covering his backside because he does not want to loose his investment in the Westen World and he does not want his family to be place on the no fly list as he wants to still enjoy his vacation and western women and western wine and drinks in Engalnd, Europe and America while still using extremism and corruption to maintain their corrupt hold in Nigeria by stealing from their people, thats thats why he reported his son to America, because he and most of the Muslim leaders in Nigeria knows more and they are part of the sponsors of world wide jihadism wahabism from Saudi Arabia, Sudan,Dubai, Yemen, Nigeria etc "




Now this is the same man who is one of the main proponents of Islamic banking in Nigeria.

He has ties to questionable sources and it is evident that there is something fishy going on.


So you picked up a poorly written article with wild, unsubstantiated claims from the internet and post it here as Gospel truth and used it to come to a conclusion, yet expect us to take you seriously?
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 11:09am On Apr 15, 2010
texazzpete:

So you picked up a poorly written article with wild, unsubstantiated claims from the internet and post it here as Gospel truth and used it to come to a conclusion, yet expect us to take you seriously?




Link source :
http://www.modernghana.com/news/257117/1/nigerian-muslim-jihadist-and-al-qaida-ties-started.html



Please do not take me seriously, this aint about me.

Its about the issues surrounding Sharia banking in Nigeria.

If you are for it because of the dollars, thats your democratic right, but others must be given the full picture to enable right choices.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 11:19am On Apr 15, 2010
frosbel:

[size=13pt]The article below was not written by me, but an anonymous Nigerian. Please ignore his grammatical errors, this article is not edited.
[/size]



Alhaji Mutallab,,.The Father As a Leader of Sharia Movement In Nigeria


",     Like all of the muslim Northern Nigerian leaders, DR. Mutallab the father of the terrorist who is now shedding crocodile tears because he is one of the leaders who groom the Wahabism in Nigeria. Alhaji Dr. Mutallab the father also groomed Sharia law in Katsina State, Alhaji DR. Mutallab Groom Sharia in Kaduna State,Alhaji Dr. Mutallab groomed Sharia in Kano State, Most of the extremism Ulama in Northern Muslim Nigeria are benefactors of Alhaji Mutallab[b], Dr. Mutallab groomed extreme Muslim businesses in Saudi Arabia, He has extreme business in Dubai and he has extreme religious business in Yemen and he has business and property in Yemen.[/b] Alhaji Mutallab is the owner of the only Islamic Bank in Nigeria, Alhaji Mutallab has ties and interest in almost all the extremist muslim religious groups in Nigeria. He is a top leader of the Sharia movement COUNCIL in Nigeria. This guy is dangerous and he has gotten it hot and thats why he is running from pillar to post because he destroyed Nigeria with his corrupt ways and his muslim jihadist ideas for long time.

    Dr. Mutallab the father of the terrorist was just covering his backside because he does not want to loose his investment in the Westen World and he does not want his family to be place on the no fly list as he wants to still enjoy his vacation and western women and western wine and drinks in Engalnd, Europe and America while still using extremism and corruption to maintain their corrupt hold in Nigeria by stealing from their people, thats thats why he reported his son to America, because he and most of the Muslim leaders in Nigeria knows more and they are part of the sponsors of world wide jihadism wahabism from Saudi Arabia, Sudan,Dubai, Yemen, Nigeria etc "




Now this is the same man who is one of the main proponents of Islamic banking in Nigeria.

He has ties to questionable sources and it is evident that there is something fishy going on.

Shakes head at the level of intelligence of anyone that uses this as reference.
The original poster does not state his evidence or source. Even Becomrich will do better. At least he will post the reference to his google maps.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 11:21am On Apr 15, 2010
Jarus:

Shakes head at the level of intelligence of anyone that uses this as reference.
The original poster does not state his evidence or source. Even Becomrich will do better. At least he will post the reference to his google maps.

Yeah Jarus, the source of the link was posted above your head, lol.

Here again.

http://www.modernghana.com/news/257117/1/nigerian-muslim-jihadist-and-al-qaida-ties-started.html


And please come up with a plausible arguement otherwise don't bother, lol.  grin

I have tons of case studies and evidence to prove my case, just waiting for now. grin
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Remii(m): 11:49am On Apr 15, 2010
frosbel:

[size=13pt]The article below was not written by me, but an anonymous Nigerian. Please ignore his grammatical errors, this article is not edited.
[/size]



Alhaji Mutallab,,.The Father As a Leader of Sharia Movement In Nigeria


", Like all of the muslim Northern Nigerian leaders, DR. Mutallab the father of the terrorist who is now shedding crocodile tears because he is one of the leaders who groom the Wahabism in Nigeria. Alhaji Dr. Mutallab the father also groomed Sharia law in Katsina State, Alhaji DR. Mutallab Groom Sharia in Kaduna State,Alhaji Dr. Mutallab groomed Sharia in Kano State, Most of the extremism Ulama in Northern Muslim Nigeria are benefactors of Alhaji Mutallab[b], Dr. Mutallab groomed extreme Muslim businesses in Saudi Arabia, He has extreme business in Dubai and he has extreme religious business in Yemen and he has business and property in Yemen.[/b] Alhaji Mutallab is the owner of the only Islamic Bank in Nigeria, Alhaji Mutallab has ties and interest in almost all the extremist muslim religious groups in Nigeria. He is a top leader of the Sharia movement COUNCIL in Nigeria. This guy is dangerous and he has gotten it hot and thats why he is running from pillar to post because he destroyed Nigeria with his corrupt ways and his muslim jihadist ideas for long time.

Dr. Mutallab the father of the terrorist was just covering his backside because he does not want to loose his investment in the Westen World and he does not want his family to be place on the no fly list as he wants to still enjoy his vacation and western women and western wine and drinks in Engalnd, Europe and America while still using extremism and corruption to maintain their corrupt hold in Nigeria by stealing from their people, thats thats why he reported his son to America, because he and most of the Muslim leaders in Nigeria knows more and they are part of the sponsors of world wide jihadism wahabism from Saudi Arabia, Sudan,Dubai, Yemen, Nigeria etc "




Now this is the same man who is one of the main proponents of Islamic banking in Nigeria.

He has ties to questionable sources and it is evident that there is something fishy going on.


LWKMD, I laugh in french:

@frosbel, FYI, Alhaji Mutallab just retired from First Bank as Chairman at the age of 70, Is FBN sharia banking, Na wa oo, NAIRALAAAAAAAAAAAADDDDDDDDDIIIIIIII, grin grin grin grin
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 12:02pm On Apr 15, 2010
Remii:

LWKMD, I laugh in french:

@frosbel, FYI, Alhaji Mutallab just retired from First Bank as Chairman at the age of 70, Is FBN sharia banking, Na wa oo, NAIRALAAAAAAAAAAAADDDDDDDDDIIIIIIII,  grin grin grin grin

Please try not to laugh in French, try Greek.


Alhaji Umaru Mutallab  is a Fellow of both the Association of Chartered and Certified Accountants (FCCA) and the Institute of Chartered Accountants of Nigeria (FCA). He is best know globally as the father of suspected Northwest Airlines Flight 253 bomber, Abdulfarouk Umar Muttalab.

Dr. Mutallab is a former Federal Commissioner of Economic Development (1975) and also of Cooperation and Supply (1976). He played a major role in introducing Islamic banking into Nigeria.

Muttalab was the Executive Chairman & Managing Director of United Bank for Africa (UBA) and the recently retired Chairman of First Bank of Nigeria Plc

He was also appointed the Managing Director/CEO of Habib Nigeria Bank Limited in 1994 until 1998.


BUT MOST RECENTLY

The elder Mutallab, a prominent banker and muslim who is the chairman designate of the yet to be established Jaiz Islamic Bank ordinarily would have no problem obtaining travel permits into any country in the world, including the US, but was refused visa by the Yemeni embassy.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by MeAboki(m): 12:17pm On Apr 15, 2010
Absolute rubbish and baseless scare mongering, frosbel at his best with his usual propensity for cutting & pasting from the internet - in his case, always uploading anything negative agaisnt sharia in particular or islam in general, it doesnt matter how remote or how ridiculous.

@ poster: If islamic banking is that much of a threat, wouldnt you wonder why Uk and American governments are encouraging it? Wouldnt you also wonder why such governments with all the intelligence resources available  to them (CIA, FBI,MI5 & MI6 ) fail to see anything wrong with it, except for you and your ilk (bigots).
So you think you pass CIA, abi?  What foolishness, Msscceeww!
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by 18platoon(m): 12:24pm On Apr 15, 2010
@frosbel, i've said it but you deny it always, your ISLAMOPHOBIA is just too much, all your posts are anti ISLAM but you'll say you're only against extremists but i know its a lie, keep on spreading your hatred.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 12:24pm On Apr 15, 2010
Me_Aboki:

Absolute rubbish and baseless scare mongering, frosbel at his best with his usual propensity for cutting & pasting from the internet - in his case, always uploading anything negative agaisnt sharia in particular or islam in general, it doesnt matter how remote or how ridiculous.

@ poster: If islamic banking is that much of a threat, wouldnt you wonder why Uk and American governments are encouraging it? Wouldnt you also wonder why such governments with all the intelligence resources available  to them (CIA, FBI,MI5 & MI6 ) fail to see anything wrong with it, except for you and your ilk (bigots).
So you think you pass CIA, abi?  What foolishness, Msscceeww!

Scaremongering

Why do we need Islamic banking, an institution founded by Saudi Arabia to run in parallel with the current banking system that has been in place for decades?

Why the sudden need for Islamic or Sharia banking, a system initiated from Saudi Arabia and  what about the heavy ZAKAT contributions to questionable groups that in turn use the money for the propagation of specific anti-democratic agendas.

Why not clean up the current banking system and introduce measures to curtail current banking malpractices.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by hasyak(m): 12:32pm On Apr 15, 2010
@ poster

it is not by force to post, if you want to post you should at least agree with the post or post from a reliable source, you sound intelligent, so pls be objective.

so what is wrong with Islamic banking? so you think you are more intelligent than the western bankers that have accepted it? Islamic banking is all about banking based on Islamic principle which have been found to be very humane compared to interest based banking and it does not in anyway force you to be Muslim to use it.

please stop all this phobia with anything Islamic.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 12:33pm On Apr 15, 2010
18 platoon:

@frosbel, i've said it but you deny it always, your ISLAMOPHOBIA is just too much, all your posts are anti ISLAM but you'll say you're only against extremists but i know its a lie, keep on spreading your hatred.


Big difference between a Sharia based system and ISLAM.

I care not what your religion is, for all I care you can worship a cow if you want to, though I will try not to encourage you to do so.

BUT what the article is about is the introduction by stealth of a Sharia based financial system which cannot in honesty be  seperate from the actual principle of Sharia for completeness.

Do you know that this so called Islamic banking is not in the Quran ? It is a new phenomena.

In retrospect, the introduction of Sharia in 12 states within the Federation is no coincidence, its a gradual process and all means possible to achieve the ends are permitted including financial.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Lagosboy: 12:43pm On Apr 15, 2010
@Frosbel

This is is not to attack your personality i beg of you but honestly you can use your God given intelligence better than this

Dr. Mutallab groomed extreme Muslim businesses in Saudi Arabia, He has extreme business in Dubai and he has extreme religious business in Yemen and he has business and property in Yemen. Alhaji Mutallab is the owner of the only Islamic Bank in Nigeria, Alhaji Mutallab has ties and interest in almost all the extremist muslim religious groups in Nigeria. He is a top leader of the Sharia movement COUNCIL in Nigeria. This guy is dangerous and he has gotten it hot and thats why he is running from pillar to post because he destroyed Nigeria with his corrupt ways and his muslim jihadist ideas for long time.

What does extreme business mean ?

i know you are anti islam but at least use some intelligence when you are attacking islam you do not need to stoop this low as no one will ever take you seriously again.

Lets not turn this into an issue of religion.

Like you I am against the worldbank and IMF , they are simply capitalist , selfish institutions existing purely for maximum profit making .

But the crux of the issue with Islamic or Sharia banking as you read in my article is that it comes with strings attached.

I will try and do some more research , one that will be independent of CBN

You create a post with religious undertone and you go on to say let us not turn this to religion. You just make me laugh.

Has anyone forced you to put your money in an islamic bank? If not what is your problem then?
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 12:46pm On Apr 15, 2010
One of the main issues with Sharia banking is its links to the charitable Zakat , a  tithe, which has been proven time and time again to be linked to the funding of Jihad.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Remii(m): 12:47pm On Apr 15, 2010
frosbel:

Lets not turn this into an issue of religion.

Like you I am against the worldbank and IMF , they are simply capitalist , selfish institutions existing purely for maximum profit making .

But the crux of the issue with Islamic or Sharia banking as you read in my article is that it comes with[b] strings attached.
[/b]
I will try and do some more research , one that will be independent of CBN.  grin

There is no money without string attached, even the school fees parents pay for their children or food you eat at homes are not free, the salary you collect is based on agreement, NO FREE LUNCH.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by nex(m): 12:48pm On Apr 15, 2010
So a man who gets a loan from an Islamic Bank must have their hand slashed off in any event of involvement of the individual in theft. This is quite interesting. I bet you can confirm that something of this nature has happened in Britain. You may want to cite an instance of a customer of one of the Islamic banks in Britain who was stoned to death for fornication. Afterall you did mention that British practise Islamic banking more than most other nations. So where are the decapitated murderers? Where are the mutilated thieves? Which court in Britain has sentenced any customer of a non-Interest Bank to flogging?


According to you, institution which accepts Islamic Banking endorses extremism according to you. Well, what about the institutions which endorse traditional contribution system known as "Ajo"? They also promote tribal war? Do they also recognise no law higher than customary law? I'll give you an example of Spring Bank which was offering these services. How can you prove that Spring Bank was encouraging defiance against any law besides customary.


Again, if really the conventional banks have not financed terrorist groups like IRA, RUF, and ETA, why should Islamic banks sponsor Al Qaeda? How do they make profit from terrorist activities for their customers and shareholders? Perhaps you forget that the primary aim of any bank, Islamic or not, is to make money for its shareholders and customers. So when an Islamic Bank sponsors the bombing of a Church, we have to know how that reflects in their balancesheet.


Zakat which you mention is not usually paid to beneficiaries by bank transfer, cheque or even cash. The fraction which an individual wants to use as Zakat is most used to purchase food, clothing, and amenities to help the poor alleviate their poverty. I don't know how any terrorist group will take advantage of food, clothes, sewing machines, and motorbikes handed to the poor to launch an attack on Nigeria, more less the West.


I agree with you that this Sheik Yusuf Qaradawi is an expert in Sharia Compliant Investment. However, I can boldly tell you that Major Nidal Malik Hasan who killed 12 soldiers and a civilian, and wounded 38 in Fort Hood, Texas, USA was a psychiatrist. I don't expect that you would call for psychiatry to be done away with too? A terrorist may be a tailor, a dancer, a driver, a soldier, a doctor, or a mechanic. That doesn't mean it's their job description that made them terrorists.


Now, my friend, how do you come about naming Iran and Sudan as terrorist states? Because the USA says so? Well, the USA also says that Nigeria is a terrorist state. So why point a distant finger?


You're advocating for Muslims to be forced into using only an interest banking system developed by Christians and Jews for Christians and Jews. How would you feel if the non-interest banking system developed by muslims for muslims is being imposed on Christians and Jews as the only banking system in Nigeria? What is currently happening in Nigeria is that we're imposing our own banking system, our own legal system, our own trade system, and our own educational system on them. All they are asking is the right to practise their own.

If the Ottoman Empire, Saudi Arabia and Egypt which are virtually entirely populated by Muslims can permit interest based banking, why can't Nigeria which has half of its population as Muslims not permit non-interest banking? Why do you want us to be intolerant when they have been tolerant? Who is the extremist here? Who really is the oppressor?


And if there is a peaceful means of Islamizing Britain, what really is wrong with that? What is wrong with Evangelizing Saudi Arabia? What is wrong with Evangelizing Iran? Why should we condemn what we do? People are free to choose a religion which is introduced to them without violence.


If you're a Christian, imagine how glorious it will be in the sight of God and man if the whole world should be born again. So also it is to the muslim that it would be most pleasant to Allah and mankind that the whole earth be Islamized. How can you be so afraid of the same thing you want to do, unless you have evil intentions. If you deem it fit to try to convert people to your religion, then give adherents of the other religions the right to try to convert members of your religion too, unless you're the one who is intolerant of other religions.


This argument you have put up against non-Interest Banking for muslims is one of the most bias, myopic and poorly researched I've seen on this forum and I cannot imagine the state of bigotry you had to place your mind in to even be able to belly this trash you are spewing.


@frosbel

you completely drifted from non-Interest Banking to Islam bashing. Rather than discussing low profit earnings and inadequate professionally trained Islamic bankers to staff the institutions, you proceed to completely condemn Islam and now you say you don't want it to become a religious issue. You made it a religious is right from the start! What is this holier than thou attitude about you that makes you believe what you do to others shouldn't be done to you. Or are you too blind to see what you do?


Anyway, as was rightfully stated by another poster, it was not a Muslim CBN Governor who introduced non-Interest Banking in Nigeria. I just hope you don't turn round and say Charles Soludo and Joseph Sanusi are agents of Islamic extremists. Please don't. If the idea was sold to Professor Soludo, it was thought through before approval.

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Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 1:02pm On Apr 15, 2010
People do not understand that the spread of sharia banking in Britain and America and now moving at a frantic pace into Africa  especially in Nigeria ,  is a significant part of the attempt to introduce Sharia to these countries through the enticement of money. Acceptance of sharia finance furthers the objective of gradually legitimising Islamic sharia law more generally in the entire country.

The point which is being missed is that all who use it must conform to the dictates of sharia law. Sharia financial institutions may not be making this clear now  they don’t want to frighten people away but at some point that IOU of sharia-compliance will be called in. This is how sharia-compliance will be spread to both the Muslim and non-Muslim population in Nigeria.

Any state in Nigeria that endorses sharia-compliant products therefore effectively endorses the extremist ideology behind it of conquering Nigeria for
the Sharia system whether it knows it or not.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Remii(m): 1:25pm On Apr 15, 2010
frosbel, what exactly is the point of your trend, are you against Islamic banking for fear of spread of Islam or what.

FYI, Nigerian banks donates to religious organisations and 90% of that money goes to churches, are they not funding Christianity that way. you may check their AGM report to confirm this.

Why is it that Muslims do not say a word, when non Muslims institutionalise their religious practices, but they would stop at nothing, including falsehood to oppose anything perceived to be Islamic.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 1:36pm On Apr 15, 2010
First of all , I am most grateful for the polite and non-insulting way you have conducted your debate. Maybe if others behaved in a similar fashion they might have made their points clearer.


My answers to your questions.

frosbel, what exactly is the point of your trend, are you against Islamic banking for fear of spread of Islam or what.

Like I said as far as nobody imposes their belief system on me as they tried to do in Kaduna, they can worship anything they like. Its their choice. We are born free agents and can freely choose any religion we want, though I believe there are consequences for our choices. Personally I do not want any aspect of Sharia to be introduced.


FYI, Nigerian banks donates to religious organisations and 90% of that money goes to churches, are they not funding Christianity that way. you may check their AGM report to confirm this.

Okay, and what is the money used for, definitely not used to carry out Jihad.

Why is it that Muslims do not say a word, when non Muslims institutionalise their religious practices, but they would stop at nothing, including falsehood to oppose anything perceived to be Islamic.

I am not quite sure what you mean here, kindly explain .
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 2:46pm On Apr 15, 2010
amazing that this christian broadcast network is ignorant of the dangers of western banking
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by omofat: 3:02pm On Apr 15, 2010
@nex - Very well said
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Arkison: 3:26pm On Apr 15, 2010
Frosbel,

If I get you right, your aguement against the Islamic Banking is that, it provides an easy platform for Islam to cripple into Europe and America?
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 3:56pm On Apr 15, 2010
So a man who gets a loan from an Islamic Bank must have their hand slashed off in any event of involvement of the individual in theft. This is quite interesting. I bet you can confirm that something of this nature has happened in Britain. You may want to cite an instance of a customer of one of the Islamic banks in Britain who was stoned to death for fornication. Afterall you did mention that British practise Islamic banking more than most other nations. So where are the decapitated murderers? Where are the mutilated thieves? Which court in Britain has sentenced any customer of a non-Interest Bank to flogging?


Point missed.

Sharia banking is just one part of the entire concept of the Sharia system.

Sharia banking cannot be divorced from Sharia.

Sharia domination is a gradual, progressive, relentless onslaught on society through various means.

Already the UK is under attack on multiple fronts. For instance many enclaves of Sharia programmed people are asking for Sharia to be imposed in those areas, even though the UK is a secular state and freedom of speech is what makes this nation free.

Once Sharia succeeds like it has in Iran, Saudi, and Northern Nigeria, Somali etc, that’s when the slashing of wrists and slicing of heads begin.

Sharia finance is an extension of Islamic law, pushing an alternative to Western banking.

Key Islamists who advise Sharia financial houses have called for full Sharia law to be adopted in Western countries and, in some cases, have made statements supporting terrorist groups.




According to you, institution which accepts Islamic Banking endorses extremism according to you. Well, what about the institutions which endorse traditional contribution system known as "Ajo"? They also promote tribal war? Do they also recognise no law higher than customary law? I'll give you an example of Spring Bank which was offering these services. How can you prove that Spring Bank was encouraging defiance against any law besides customary.


Yes. Sharia is extremism. It is a medieval, Stone Age practise that does not fit into the values and belief systems of the 21st century.

It is the collective goal of Sharia apologists that the whole world will come under Sharia in the future.





Again, if really the conventional banks have not financed terrorist groups like IRA, RUF, and ETA, why should Islamic banks sponsor Al Qaeda? How do they make profit from terrorist activities for their customers and shareholders? Perhaps you forget that the primary aim of any bank, Islamic or not, is to make money for its shareholders and customers. So when an Islamic Bank sponsors the bombing of a Church, we have to know how that reflects in their balancesheet.



The appearance of Bank Melli of Iran which is at the top of a listing of the world's top 500 Islamic financial institutions, published by the Banker in November 2008 and reproduced in the IFSC report is a case of serious concern. Are you aware that bank Melli is under U.S. and EU sanctions for facilitating Tehran's support of Hamas and Hezbollah and funding Iran's uranium enrichment program?





Zakat which you mention is not usually paid to beneficiaries by bank transfer, cheque or even cash. The fraction which an individual wants to use as Zakat is most used to purchase food, clothing, and amenities to help the poor alleviate their poverty. I don't know how any terrorist group will take advantage of food, clothes, sewing machines, and motorbikes handed to the poor to launch an attack on Nigeria, more less the West.

I can provide you with your own Islamic sources that advocate the use of Zakat for Jihad.

http://www.islamonline.net/servlet/Satellite?pagename=IslamOnline-English-Ask_Scholar%2FFatwaE%2FFatwaEAskTheScholar&cid=1119503543548





I agree with you that this Sheik Yusuf Qaradawi is an expert in Sharia Compliant Investment. However, I can boldly tell you that Major Nidal Malik Hasan who killed 12 soldiers and a civilian, and wounded 38 in Fort Hood, Texas, USA was a psychiatrist. I don't expect that you would call for psychiatry to be done away with too? A terrorist may be a tailor, a dancer, a driver, a soldier, a doctor, or a mechanic. That doesn't mean it's their job description that made them terrorists.


Major Nidal Malik Hasan was a terrorist first and foremost. Well documented in the news, BBC et al.





Now, my friend, how do you come about naming Iran and Sudan as terrorist states? Because the USA says so? Well, the USA also says that Nigeria is a terrorist state. So why point a distant finger?


Iran is a terrorist state because:

1. Women rights do not exist
2, Public hangings a common occurrence
3. No freedom of speech
4. Sponsors of Hamas and Hezbollah
5. Constant threats to wipe out Israel from the world map
etc etc

As for Sudan

1. Arab Muslims killing black Muslims, e.g Darfur
2. No freedom of speech
3. Sponsoring rebels such as the Lords army across Congo and Uganda
etc etc





You're advocating for Muslims to be forced into using only an interest banking system developed by Christians and Jews for Christians and Jews. How would you feel if the non-interest banking system developed by Muslims for Muslims is being imposed on Christians and Jews as the only banking system in Nigeria? What is currently happening in Nigeria is that we're imposing our own banking system, our own legal system, our own trade system, and our own educational system on them. All they are asking is the right to practise their own.




Force? Its only Muslims who have a problem with the current secular banking system which is not called CHRISTIAN banking because it was not founded on Christian principles. The Christians do not mind, the atheists do not mind, the Buddhists and Hindus have not asked for a separate system, only the Shariates want a different system of banking for their ulterior motives





If the Ottoman Empire, Saudi Arabia and Egypt which are virtually entirely populated by Muslims can permit interest based banking, why can't Nigeria which has half of its population as Muslims not permit non-interest banking? Why do you want us to be intolerant when they have been tolerant? Who is the extremist here? Who really is the oppressor?

Sorry I thought the Ottoman Empire was DEAD years ago ? lol.

Obviously these are 100% Islamic countries so they can practise Sharia to the fullest, that’s their choice.

But you do realise that Nigeria is not an Islamic state and therefore certain regions in the country are not obliged to engage in Sharia banking despite its financial enticements.





What is wrong with Evangelizing Saudi Arabia?


In Saudi if you dare carry a bible you are imprisoned and deported.

In Saudi you cannot erect a church , its is forbidden.

In Saudi no Christian is permitted in Mecca, the penalty is DEATH!

But these are the same fanatics sponsoring worldwide Sharia domination. I wonder.





If you're a Christian, imagine how glorious it will be in the sight of God and man if the whole world should be born again. So also it is to the muslim that it would be most pleasant to Allah and mankind that the whole earth be Islamized. How can you be so afraid of the same thing you want to do, unless you have evil intentions. If you deem it fit to try to convert people to your religion, then give adherents of the other religions the right to try to convert members of your religion too, unless you're the one who is intolerant of other religions.


Sharia enforces the doctrine of FORCE after peaceful indoctrination does not work.

Christianity DOES not encourage FORCE.




This argument you have put up against non-Interest Banking for muslims is one of the most bias, myopic and poorly researched I've seen on this forum and I cannot imagine the state of bigotry you had to place your mind in to even be able to belly this trash you are spewing.

Take your Sharia to the North and Keep it there.

Keep your religion to yourself, the world is fed-up with bigots like you, whining about their rights at every corner of the globe.

Some of us want to live in freedom and also allow others to do the same.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by omofat: 4:07pm On Apr 15, 2010
@frosbel baba

You've lost me on this one oo.

You've soo injected religion into a discussion you say is not religious.
Re: Dangers Of Allowing Sanusi Lamido Implement Sharia Banking - Learn From The USA by Nobody: 4:13pm On Apr 15, 2010
omo~fat:

@frosbel baba

You've lost me on this one oo.

You've soo injected religion into a discussion you say is not religious.


Nope I have not lost you on this one, I am humbly responding to Nex within the context of his questions.

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