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Japan Moves Towards Islamic Finance - Politics - Nairaland

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Japan Moves Towards Islamic Finance by auwal87(m): 3:25pm On Dec 12, 2008
shocked One of the World's largest Economy is embracing Islamic Finance

http://www.asahi.com/english/Herald-asahi/TKY200812120064.html

ISLAM is the Way!!!
Re: Japan Moves Towards Islamic Finance by Muza(m): 3:38pm On Dec 12, 2008
There is only 1 truth!
This is just the beginning,don't be shocked if Barrack Hussein Obama reverts back.
Islam all the way! grin

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Re: Japan Moves Towards Islamic Finance by PapaBrowne(m): 5:03pm On Dec 12, 2008
Hehehe, I love the hope u guys display here, Hehehe!!

Other countries, like Britain and Singapore, are way ahead of Japan in the field, having made moves to use Islamic finance to enhance their own financial markets.

Bringing in oil money

Yoshihiro Watanabe, managing director of the Institute for International Monetary Affairs, said the significance of Islamic finance is "to bring in oil money to Japan and stimulate the Japanese economy."


The only reason the west (Japan Inclusive) would ever welcome a no-interest system(which is the main format of Islamic Finance) is in order to get the petro-dollars that was taken from them back!
If you understand the workings of the capitalist system, you'll not only be amazed, you'll rethink economics.

Let me explain in simple terms. . . .
The west will borrow ur money with a promise 2 pay 20 years later, use it to build their infrastructure, pay their bills, advance their technological know-how, and the worst part of it is they'll gives some part back to you and your neighbours as either military or some other kind of aid. Funnily,you'll forget it's your money.
Then 20 years later, they'll go back 2 the next guy that has sooo much money, do the same thing and sooo on and on and on till eternity.


Muza:

There is only 1 truth!
This is just the beginning,don't be shocked if Barrack Hussein Obama reverts back.
Islam all the way!  grin


Such hope!!! Wake up boy!!Wake up!

He got converted.He is a Christain.Hehhehe! He saw the truth! I thought you guys should disown him and even stone him for that!!

Anyways, seriously the drop in the price of oil would naturally dampen the hopes for expansion of Islamic finance.
Re: Japan Moves Towards Islamic Finance by PapaBrowne(m): 5:05pm On Dec 12, 2008
cheesy
Re: Japan Moves Towards Islamic Finance by XAUBulls: 11:07am On Apr 01, 2023
PapaBrowne:
Hehehe, I love the hope u guys display here, Hehehe!!

Other countries, like Britain and Singapore, are way ahead of Japan in the field, having made moves to use Islamic finance to enhance their own financial markets.

Bringing in oil money

Yoshihiro Watanabe, managing director of the Institute for International Monetary Affairs, said the significance of Islamic finance is "to bring in oil money to Japan and stimulate the Japanese economy."


The only reason the west (Japan Inclusive) would ever welcome a no-interest system(which is the main format of Islamic Finance) is in order to get the petro-dollars that was taken from them back!
If you understand the workings of the capitalist system, you'll not only be amazed, you'll rethink economics.

Let me explain in simple terms. . . .
The west will borrow ur money with a promise 2 pay 20 years later, use it to build their infrastructure, pay their bills, advance their technological know-how, and the worst part of it is they'll gives some part back to you and your neighbours as either military or some other kind of aid. Funnily,you'll forget it's your money.
Then 20 years later, they'll go back 2 the next guy that has sooo much money, do the same thing and sooo on and on and on till eternity.





Such hope!!! Wake up boy!!Wake up!

He got converted.He is a Christain.Hehhehe! He saw the truth! I thought you guys should disown him and even stone him for that!!

Anyways, seriously the drop in the price of oil would naturally dampen the hopes for expansion of Islamic finance.
Bump.
Non-interest banking.

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