gidiMonsta: Islamic banking again? I tire for this islamophobists oo.

The Judge's statement is very flawed and if he had ruled in favour of Godwin, the CBN would have had the judgement easily thrown out at the Supreme Court. The judge knows this hence his locus standii excuse, there is no law that states that the CBN cannot issue a license to a bank to run Islamic banking.

I don't know what all the fuss is about, heck! There are Church-owned Universities in Nigeria that forces all students to take bible study classes, is that NUC approved?

Nigeria is a secular state, where you're free to practice ur religion as long as it doesn't infringe on others, so unless someone can tell me how Islamic banking affects you now and not some conspiracy crap, y'all can stop making noise and let's move on to more pressing issues.

musty1987: [color=#006600][/color]

one who have asked what do you have agianst islamic banking . does islamic banking affect u ? this system of banking is being practiced in most of the developed country in the world. if you are not Ok with it establish christian banking also , we will be very happy about that. this has nothing to do with northern agenda. it for the good of our economy

nitrogen:
Oga, developed economies can only adopt the system, a developing economy cannot, so when our economy is okay(developed) then we can, but for now it will only mar and not make it.
Sanusi is a core northerner( and please dont forget that the north can do anything in a bid to rule,), that is why he would want their policies to be the main.

erad: Pple can be sooo bias atimes. Pple jst open deir moths 'gbaga' n say wateva crap deir brains always end up producing. A judge of 'federal high court' said sumfin, do u knw d law beta dan he does Dis is why Nigeria is so messed up, every idiot think they knw beta than the authority. U think a judge will just make a flimsy judgment on such sensitive and delicate matter He neva said islamic banking is wrong, jst said for the time being it is illegal and until the act binding it has been adjusted to include it, it will remain illegal, SHIKENA!!!

bakila:

With a name like nitrogeon one will expect some gud analysis from you. Alas your name should have been Otapiapia Nkpokuotu. What do you know about the topic Non-interest, profit/loss sharing banking, the shylock pound of flesh interest hidden in fine print banking or the Obiter Dictum of the Judge who having ruled that the man has no Personal Jurisdiction to come to Court went ahead o point out the Gabriel in his name in a ruling by ruling on a point that was not argued nor canvassed before him. In Breach of fair hearing to the parties.
The east where you come from dont they want to rule?

oluwafemim: To me,have got no problem with Islamic banking as a christian,the issue is that there could be anoda way better to solve the crisis in banking dat Sanusi had done,now it is to create Islamic banking.He should av known all the guiding rules of the cbn act b4 dis idea came.Let him do the right thing simple may be something else is at the back of his mind.

bakila:
That is why he is a Federal High Court Judge his knowledge of the Laws is Subject of labelled erronous before two more Courts. He is dead wrong and he never said it is Illegal. He spoke by the way and like you its is effective as a speech without strength. The Banks are Legal and will continue to operate inspite of you SHIKENA and the Judge by the roadside statement, its called OBITER DICTUM.

Kobojunkie:

Islamic law is not LEGAL according to Nigerian constitution. If you love it so much, go to countries where it is legal and take advantage of them to your hearts content. In Nigeria it is ILLEGAL and so should be done away with.

ckkris: National Assembly will never be able to pass a law to islamise Nigeria. If they try, they will discover the limits of Southern Nigeria subsidising the North since 1914. But the North has effectively been integrating with the South, but not as fast as Northern masses (talakawa), and the Southerners, generally desire to see. People like Sanusi will always use the instruments of The State to delay such massive integration, in order retain whatever remains of their previously absolute control of Northern peoples.

ceejay80s: Have u heard of saint anthony bank, saint dominic bank, saint jude bank, saint charles bank? Then why will there be a mohammed bank?

violent:


What evidence do you have to prove that the Judge's statement must be very flawed? He's a Federal High court Judge and must have spent several years of his life studying and debating issues in Nigerian Law, what grounds do you have, either through experience or knowledge to challenge his claims?

He mentioned that there are no laws that gives the CBN powers to issue such license, and you,- a stu[i]p[/i]id cu[i]n[/i]t, probably without a dose of knowledge on the Nigerian constitution - are asking to see what laws prohibit the CBN from issuing such licence? The CBN as an insitution has it's boundaries and it's powers are defined within an act of the National Assembly!

What has this gotten to do with Church-owned Universities? We are talking about the deliberate, shameful, infamous, attempt to circumvent provisions of Nigerian laws by the people that ought to be role models of the society, and you are foaming trash about Christian owned Universities....who the hell said this is about religion? If the establishment of those Universities are not provided for by an act of the National Assembly then they must be illegal and should rightly be shut down as should this little infamous islamic banking project!

I am sick and tired of hypocritical Nigerians who demand integrity, honesty, Justice and selflessness from their leaders, but are themselves happy to see the law pissed upon as long as it suits their own selfish religious/tribal interests!

gidiMonsta:

The fact that you choose to hurl insults at me rather than bring up a counter argument to the points I raised shows your level of bias and bigotry.

I'll ask again; what part of the laws of the Federal Republic of Nigeria forbids the CBN from granting license to a religious bank? How does Islamic banking affect you?

How about 'What part of the laws of Federal Republic of Nigeria permits the CBN to grant licence to a religious bank (that will charge no interest)' Kindly educate us since you are knowledgeable in the act establishing the Islamic bank Jaiz.

ceejay80s: Have u heard of saint anthony bank, saint dominic bank, saint jude bank, saint charles bank? Then why will there be a mohammed bank?

dasparrow: @Post

So what happens next? Are they going to close down Jaiz International bank? I personally see nothing wrong with Islamic banking because I love banks that don't charge interest rates on loans.

Iranoladun:

How about 'What part of the laws of Federal Republic of Nigeria permits the CBN to grant licence to a religious bank (that will charge no interest)' Kindly educate us since you are knowledgeable in the act establishing the Islamic bank Jaiz.

rabalord: Can non-Muslims take loans from these Islamic banks?