₦airaland Forum

I have a just cleared 99 xle trim going for N1.05m only.
Silver colored.

@femmy2010 where is d car if i want to inspect it? Really serious about it.

don't u have any other color apart from black?

If you have a very neat tokunbo Toyota Camry 1999 Model (Thin Light)
kindly send pictures and features to biocare4u@yahoo.com
Seriously Ready for inspection and outright purchase if found desirable.

Their aim is not to spread Islam.
Islam is already established and is practice world wide.

Their aim is to terrorize Nigerian citizens, and there is reserved punishment for anyone who terrorized and kill fellow human being

ISLAM HAS NOTHING TO DO WITH TERRORISM.

Every body knows that Islam is among the world pressing problem.

A muslim man can never live in peace even with fellow muslims.

A religion of tears,bloodshed,violence and sorrow.A religion that kills

women and children in the name of jihad.A religion that has left trail of

bloodshed across world history.



Weather you arrest the sponsors of boko haram or not as far as we

are of the same country with these agents of satan there will be no

peace.Muslims can never live in peace even with fellow muslims.

Because 70% of world wars,crisis and violence has to do with

Islam one way or the other.The solution is separation.

Check this link to see how muslims kill each other indonesia

http://www.youtube.com/results?search_query=killing+of+muslims+indonesia&aq=f

, and the recent terrorist attack in Norway was also carried out by a muslim?
I will advise u stop eating/using food/products prepared by muslims like all dangote products and stop wearing cloth from dubai, stop selling/buying from all muslims etc,
and as u have suggested may be muslim should have their own country all over the world or what do u think?

If you know history or will like to learn about Islam, Try and read the Quran very well b4 u start saying rubbish about Islam

If those that voted against him listen to his speech when he was awarded silverbird man of the year, you will know he's  ONE OF the right men for Nigeria.
If you are also scare of sharia, ask yourself why is Saudi Arabia that discovered oil after Nigeria's oil discovery is better in terms of EVERYTHING than Nigeria?

I salute all non-Muslims who voted for him here without sentiment.
I believe some people are already regretting voting GEJ in the last election.

CORRUPTION IS NIGERIA'S PROBLEM.
IT IS DISHEARTENING THAT PEOPLE WHO ARE READY TO FIGHT CORRUPTION ARE NOT GIVEN THE OPPORTUNITY
IRRESPECTIVE OF THEIR RELIGION OR ETHNIC BACKGROUND.

2007 honda bulldog for sale 700k negationable the interested buyer should contract me on this num 07060575253 the car is full option

hey guy are u sure it is 2007 or 1997

To plan is man's but to dispose is Allah's. I was on my way to the Iftar from my Ajah base but my car broke down at Ikoyi, as I was close to climbing 3rd mainland bridge. What I thought will be fixed in 10 minutes took more than 2 hours, forcing me to head back home after the repair.

Jazakumullahu khaeran to Majoroller for this wonderful gesture of sponsoring this event. May Allah in his infinite mercies shower his blessings on and multiply your wealth. To all the attendees, we thank you for heeding our invitation. May we witness more Ramadan on earth, in good health and under the shade of Islam.

See you all again next year insha Allah.

AMEEEEEEEEEEEEEEEEEN

WISH ALL MUSLIMS EID-MUBARAK IN ADVANCE

Salam,
I'll luv to attend where in Mainland?
Kindly confirm date 20th August or 21st?

Update the list to register your attendance

1, Jarus
2, Haboosa
3, Majoroller
4, Tunyus
5, Harzan
6, Abu Hanifa
7, 2busy

Date: ?
Venue:?

Massalam

would hav luv to inspect this car in lagos b4 takin it to ph
happy sale in ph

Kwara is set to join the list of oil producing states in the country following the discovery of crude oil in Aran Orin in Irepodun Local Government Area of the state. The discovery comes as the state identified solid minerals development and mining as key sources of internally generated revenue to fund development programmes.

Governor Abdulfatah Ahmed of Kwara State announced the discovery in Ilorin while receiving the management of National Mirror Newspapers that paid him a courtesy call at the Government House.

The elated Governor Ahmed said the discovery was first highlighted by a farmer who discovered crude oil spouting from his farm and seven other adjoining sites and alerted the state government. Providing further clarification, he said geologists from the state Ministry of Industry and Solid Minerals were subsequently directed to confirm whether the substance was indeed crude oil and if so, identify the blend.

According to the governor, the ministry officials not only confirmed the substance as crude oil but identified the blend as Bonny Light, a high-grade of crude oil preferred by European and American refineries due to its unique properties, according to a statement by his Senior Special Assistant on Media and Communications, Dr. Muyideen Akorede. Governor Ahmed said the find was subsequently verified through independent analysis by a private oil company which also confirmed the government’s findings.

Ahmed said further tests were being carried to determine if the crude discovered in Aran Orin was in commercial quantities, adding that the finding was a welcome boost to the state’s economy and Kwara’s emerging reputation as one of Nigeria’s most conducive investment destinations.

He identified solid minerals development and mining as one of his administration’s key policy thrusts for driving development in the state, stressing that the sector had the potential to significantly boost Kwara’s internally-generated revenue by attracting foreign and indigenous investors to the state.
Governor Ahmed said the Ministry of Industry and Solid Minerals had directed to catalogue all mineral and mining sites in the state with a view to regulating the sector and effectively managing the state’s resources.

He identified his administration’s other strategic policy areas as commercial agriculture, human capital development, youth empowerment and social and physical infrastructure. According to him, all government policies and programmes had youth empowerment at their core, adding that he had directed all ministries to ensure all projects had the potential to generate jobs for youths in the state.

source: http://www.sunnewsonline.com/webpages/features/newsonthehour/2011/aug/15/newsbreak-15-08-2011-001.html

pix pls
or is it an imaginary car?

All praise is due to Allah, the Lord of the universe. May His peace and blessings be upon the noble Prophet Muhammad (Peace be upon him), his faithful companions and dutiful followers till the end of time, amin.
The Muslim Congress (TMC) joins other sister Islamic organisations, civil societies and advocates of ethical finance to educate Nigerians and also condemn the diabolical campaigns from few overzealous Christian groups and anti-Islamic media, against the planned introduction of Non-interest/Islamic Banking in Nigeria. It is strange, that these ill-timed campaigns are coming from religious groups, who ideally should be spreading morals, ethical businesses, engendering divine principles and winning souls for God in a perverted society. Despite all odds, we are happy at the informed comments on the matter by eminent scholars like Dr. Ishaq Lakin Akintola of MURIC, Mr. Kamor Disu of MPAC, Dr. AbdulLateef Adegbite (CON), Secretary-General, Nigerian Supreme Council of Islamic Affairs (NSCIA). We also salute the efforts the former Governor of the Central Bank of Nigeria, Professor Charles Soludo, had invested on Islamic Banking Model in Nigeria. May Allah reward you all contributors abundantly.

The series of campaigns against Non-interest/Islamic Banking are pre-planned and organised by coalition of anti-Islamic forces to humiliate Islam and blackmail Sanusi Lamido Sanusi, the current CBN Governor. Alhamdulillah, the Governor vindicated himself and the Apex body he presides over by coming up at the peak of the criticism with a Revised Framework for the regulation and supervision of institutions offering non-interest financial services in Nigeria. The sponsors of the campaigns believe that it is time to marginalise Muslims; to deny them their rights and demonise anything with Islamic colouration since they have their own - Dr. Jonathan Goodluck, a brother-in-faith in power.


The first attack on non-interest banking emanated from a Christian NGO with some fire-brand pastors as advocates; they hinged their arguments or opposing Islamic banking on what they called “illegal redefinition of non-interest banking, introduction of religion into banking, unconstitutional exclusion of non-Muslims from non-interest banking and major contravention of the Nigerian Constitution. In our opinions, the arguments of these overzealous elements are weak and dangerous in volatile multi-religious society like Nigeria. Islamic banking is not being smuggled into Nigeria; it is a working model in all advanced democracies, including America!


The second ill-motivated attack appeared few days later as an editorial in the Guardian newspaper on 8th June 2011 titled “CBN and non-Interest Financial Institutions. The editorial was published to provide media support for the hate theologians and bigots, thereby assisting in poisoning the minds of the general public against Islamic banking and the shared benefits is portends for lovers of Ethical Funds & Investment. Let it be said loud and clear, that the Muslims are not unaware of the anti-Islamic posture of Guardian Newspaper.


The third attack came from the Anglican Bishops of the Dioceses of Nigeria; they joined other propagandists singing the same unpleasant song – Shariah bank! Religious bank!! Islamic bank!!! According to the Anglican Bishop of Enugu, Rt. Rev. Emmanuel Chukwuma, the emergence of a religious bank would definitely pose serious threat to the unity of the country because of its religious connotation. In what manner, we ask the clergymen? Are they bankers or human right activists?


The fourth attack, the most recent and shameful was orchestrated by the Christian Association of Nigeria (CAN) in Delta State on Thursday, June 30, 2001. The demonstrators numbering hundreds of idle, unemployed souls took to major streets in Warri, protesting against the plan to commence Islamic banking in the country. Alas! They did not protest scarcity of kerosene, epileptic power supply, lack of drinkable water, rising unemployment, worsening education system, corruption in high places, need to return the loots of James Ibori et cetera. Yet, they have the gut to call for the resignation of the Central Bank of Nigeria Governor, Mallam Lamido Sanusi, saying he had through the policy encroached on the secularity of Nigeria as enshrined in the constitution. We wish to correct our Niger-Delta bothers that Nigeria is not a secular state, but a multi-religious society that adopted officially three major religions. The Constitution allowed the practitioners freedom of religion, conscience and liberty within the ambit of the laws. Islamic banking has foundation in the Laws of Federal Republic of Nigeria.


The fifth attack came from Archbishop of Lagos, Anthony Cardinal Olubunmi Okogie. He based his attack on the fact that Islamic Banking if established in Nigeria is capable of fueling religious tension in the land. How we ask the Cardinal? Is banking hall a wrestling arena? Are lovers of Islamic banking going to drag unwilling Christians to their bank? Remember Cardinal! Islam made pilgrimage to Mecca a compulsory obligation, but Bible is silent on such practice, it is neither an obligation nor a virtue, but because of jealousy, the Christians lobbied government for support and recognition of its innovative Pilgrimage Jerusalem, and today Nigerian Christians are observing the rites without any hue and cry from the tolerant Muslim population across the 36 states of the federation. The foundation of this antagonism, when viewed critically is intolerance, hidden agenda and hatred for Islam and Muslims by the leadership of the Christians in Nigeria.


We state clearly that mischief makers under the guise of different Christian associations have continued to oppose globally acknowledged Islamic developmental models (like banking, insurance, ethical investment, Arabic language, Shari’ah courts, affiliation with OIC et cetera) for reasons best known to them.


Unwarranted opposition from the Nigerian Christians is perennial, historical and can easily be recounted without stress in retrospect. There was a time in this country, when Nigeria’s membership of Organisation of Islamic Countries (OIC) was put to national debate and discourse. Despite the numerical preponderance of Nigerian Muslims, the government of the day bowed to the pressures and blackmail from the few but vocal Islamophobic elements among the Christian community by dropping the intention. They also lobbied President Olusegun Obasanjo and Professor Charles Soludo to remove the age-long Arabic inscription on the nation’s currency notes without putting it to national debate. We did not complain.


It is also on records that when OIC offered Nigeria non-interest loan for augmenting its deficit budget, the same hate theologians condemned the worthy proposal and discouraged the Federal Government through media outburst and blackmails. Thereafter, Nigeria opted for IMF loan with its killing and inhuman compounded interest. The option of IMF loan worsened the nation’s Public Debt, increased the debt burden and created serious financial crisis. President Olusegun Obasanjo captured the predicament of Nigeria under the peonage of IMF loan and its merciless interest rate thus: "All that we had borrowed up to 1985 was around $5 billion, and we have paid about $16 billion; yet we are still being told that we owe about $28 billion. That $28 billion came about because of the injustice in the foreign creditors' interest rates. If you ask me what the worst thing in the world is, I will say it is interest"! This is partly one of the rationales why Nigerian Muslim like their counterparts globally loathed interest-yielding investment, financial securities and banking; they preferred instead non-interest banking and finance.


We state without apology to any group that Islam abhors interest-based banking and transactions because it is antithetical to the theological foundation of the religion. The Qur’an is the source of divine guidance, which Muslims must follow both in their private and public life, without deviation. With reference to interest, Allah says:
Those who eat interest (Riba) will not stand on the Day of Resurrection) except like the standing of a person beaten by devil leading him to insanity. That is because they say: "Trading is only like interest,'' whereas Allah has permitted trading and forbidden interest. Allah will destroy interest and will give increase for charity. And Allah likes not the disbelievers, sinners.
Qur’an 2: 275-276
The above injunction explains why Islamic banking, economics and finance are permitted in nations like Malaysia, Sudan, Europe, America and other advanced democracies. Islamic banking is taught in first-class universities across the globe and it is a feasible banking model practiced in over 71 countries, even where the Muslim population ratio is small like Britain compared to Nigeria with large number of Muslims. Why then should a tiny group, because its media visibility and mastery of blackmail denies Nigerian Muslims their rights? How is the Islamic banking system a threat to the Nigerian secular status or Christian interest? Are they aware that the regulatory framework for non-interest banking was conceived and initiated by Professor Charles Soludo, former Central Bank Governor because of his exposure and knowledge about Islamic Finance as a veritable alternative to conventional banking model. It was a project inherited and continued by the current CBN Governor, Sanusi Lamido.

Furthermore, it should be emphasized that the Muslims are not alone in their rejection of interest-based banking and all usurious economic activities; it has being an historical issue in most societies and civilisations. The History and Ethics of Interest by A. Birnie reported that ancient philosophers such as Plato, Aristotle, Cato, Cicero, Seneca and Plutarch detested and condemned interest and usurious transactions in strong terms during their days. Evidences of these sentiments can be found during the Republican Rome era, 340 BC, when interest-based transactions were outlawed altogether. Nevertheless, in practice, clever ways of evading legislation against usury were devised by mischievous elements, a situation which lasted till the collapse of the Republic.


To curb interest-based transactions during the period under discussion, the Democrats in Rome rededicated themselves to the cause of the poor masses suffering under the burden of debt cause by excruciating interest rates. Consequently, under the banner of Julius Caesar, a ceiling on interest rates of 12% was set, and later under Justinian interest rate was lowered further to between 4% and 8%. These laudable steps left fertile ground for the organised assault on interest by the Orthodox Church following the Christianisation of the Roman Empire later on. We wonder if the Nigerian Clergymen are familiar with their religious history with regard to fight again interest and usurious dealings. With specific reference to Christianity and Judaism, there are several Biblical injunctions which prohibit the act of giving and collection of interest. God instructed the Jews and Christians thus: "Thou shall not lend to thy brother money to usury, nor corn, nor any other thing, but to the stranger. To thy brother thou shall lend that which he wanted, without usury: that the Lord thy God may bless thee in all thy works in the land, which thou shall go into posses. (Deut23:19-20). “Take not usury of him nor more than thou gavest. Fear thy God that thy brother may live with thee. Thou shall not give money upon usury, nor exact of him any increase of fruits (Levit 25: 36-37).”
“If thou lend money to any of my people that is poor, that dwelleth with thee: thou shall not be hard upon them as an extortioner, nor oppress them with usuries. (Exodus 25: 25).”
"And if you lend to them of whom you hope to receive, what thanks are that to you? For the sinners also lend to sinners, for to receive as much… Love ye your enemies: do good, and lend, hoping for nothing thereby: and your reward shall be great, and you shall be the sons of the Highest…" (Luke 6: 34-35)
Building on the authority of the scriptural texts, the Roman Catholic Church had by the fourth century AD prohibited the taking of interest by the clergy; a rule which they extended in the fifth century to cover other Christians. In the eighth century under Charlemagne, they pressed further and declared usury to be a general criminal offence. This anti-usury movement continued and gained momentum during the early middle Ages and reached its zenith in 1311 when Pope Clement V made the ban on usury absolute and declared all secular legislation in its favour, null and void. Unfortunately, the rise of Protestantism and its neo-liberal tendencies subtly and diplomatically encouraged this condemnable phenomenon. This pro-interest position has remained pervasive in the ethics of investment and banking among the Christians until today. The fact is that all the three acclaimed regions-Islam, Christianity and Judaism have undiluted, unambiguous and uncompromising theological foundations that prohibit interest and usurious dealings.
If other religionists wish to bargain their hereafter for worldly gains, the Millions of Nigerian Muslims are eager to do otherwise and therefore seek to put their money in ethical finance acceptable by Islamic standards. The present situation whereby there is no single Islamic bank constitutes a breach of their fundamental human rights as Nigerians. It stands in contradiction to the spirit of Section 38 of the 1999 Constitution, which guarantees freedom of religion and liberty to manifest one’s conscience within the ambit of the laws. Saving in halal (lawful) banks is part of Islamic beliefs and acts of worship.
Based on the forgoing points, The Muslim Congress enjoins Nigerian Christians to be tolerant and objective in their reaction to Islamic norms and ideals. The Muslims in Nigeria genuinely need Islamic banks to purify their wealth, investment outlets and safeguard their hereafter. The fact that others do not need non-interest banking does not mean that they should stand in the way of the Muslims. People read religion into everything but claim that it is not religion when they wish to do mischief.


We describe the statement credited to the Anglican Bishops as insincere, rebellious, ungodly and self-seeking. The threat to go on demonstration if their position is ignored is an indication that they are idle and have abdicated their divine responsibilities of winning souls for God, enjoining what is godly and guiding humanity aright. An idle hand they say is the devil’s workshop.


We therefore call on the Federal Government, ably led by President Goodluck Jonathan to ignore the lobby, ranting and mischievous campaigns of the Christian groups, the prejudiced Guardian Newspaper editorial and threat of idle Bishops and allow CBN to face its statutory responsibilities. We advise that any attempt to deny the Muslims in Nigeria the planned Islamic banking would portray Mr. President as ungrateful to the massive votes given to him by cross-section of Muslims in Nigeria, thus tantamount to biting the fingers that fed him. We also caution the National Assembly, as the representatives of the people, not to allow the voice of some few Islamophobic elements to becloud their reasoning thereby making foil the planned introduction of Islamic Banking in Nigeria. The security agencies must also pay attention to the threat of these elements to go on demonstration as their interest is not at risk. The international community also needs to pay special attention to this ugly development at this auspicious moment when the world is clamouring for peace and mutual respect. What the Muslims are asking for is not a favour but Allah-given right, which is also constitutionally guaranteed and is also in tandem with the United Nations human rights principles of which Nigeria is a strong advocate.

Long live Nigeria Media and Federal Republic of Nigeria!
SIGNED
Luqman AbdurRaheem, MNIM, AMIMC, AMIOE
Amir, The Muslim Congress

"Why don't you get me an article and let me see to its publication?” These were the words of a friend in Malaysia who called in seeking my view on the fast growing fears and hostilities from some religious extremists on the introduction of Islamic banking by the Central Bank of Nigeria (CBN). My response to his inquest was sharp and concise: “the outburst is just a celebration of ignorance; their argument lacks any technical content”. And truly, any fervent follower of the trend would agree that the weightiest of their arguments is the claim that the astute CBN Governor, Sanusi Lamido, is implementing the northern agenda. Thus, to me, there was no need to put up a defence on the principles and mechanics of Islamic banking for publication. On the other hand, I recalled that ignorance is a disease, and it does kill miserably, if it is left untreated. Then, I agreed to put up a non-technical but logical expose on this non-interest based banking system.
Olusegun Obasanjo is far from being the best leader Nigeria ever had; not during his tenure between 1976 and 1979 as a military ruler or the ‘Ebora of Owu’ in his 8 years reign in the Aso villa. But, judging by his choice of some political appointments, one would agree that he does have in him a few atoms of sincere intentions to improve the economic wellbeing of an average Nigerian. One of such appointments was Prof. Charles Soludo as the CBN governor. Though, Soludo had his defects, but no one can dispute the fact that Soludo is a master of economics. After obtaining his PhD (Economics) at University of Nigeria Nsuka (UNN), he received further training in University of Cambridge, United Kingdom, as a research Fellow, and as a visiting scholar in University of Warwick. And based on his excellent researches, his University, UNN, had no choice but to confirm him a Professor of Economics, at the age of 38; a record yet to be broken in Nsuka. Thus, Soludo had economics between his index and middle fingers; he could toy with it as he willed. Toward a greater economy was his dream and he was ever ready to learn and borrow from any successful economic system in the world, irrespective of its origin. Then, the Malaysian model became his choicest. Of course, the next question that comes to mind is: “why Malaysia and not the United States, Switzerland or Britain?”

In any field of science, medical, social, politcal or experimental, to demystify a problem, it is prerequisite that the model of choice must at least be real -if not ideal-, and it must have substantial features and traits that are parallel to the problem at hand. Based on this principle, we all, Christians and Muslims, can now evaluate if Soludo’s choice of Malaysia was a fluke or a product of a sincere research and scholarly effort. Malaysia was a British colony just like Nigeria. This implies that they also endured the British’s economic policies and exploits for years. They achieved independence on August 31st, 1957, just 3 years ahead of Nigeria. So, we are about the same age. It would interest you to know that Malaysia also boasts of natural resources like petroleum, liquefied natural gas (LNG), tin and a few other minerals. But in terms of quantity, the giant of Africa outshines Malaysia in manifolds. In agriculture, we both have products like rubber, cocoa, palm oil, timber, rice, tropical fruits, coconut and fish. Their social life is also similar to ours. Malaysia is multi-racial with numerous ethnic groups and religious divides. They have the Buddhists, Christians, Hindus and the Muslims who have co-existed peacefully for years. So, without prejudice, Malaysia was the perfect model for Nigeria.
On the 31st of August 2007, Malaysia celebrated its first 50 years after independence and there were substantial reasons to celebrate. It had risen from a struggling economy during independence into an economy with US$306 per capita income in 1965. In 1987, it had increased to US$1,810 and US$5,120 in 2004. In the same year, 2004, its economy ranked 37th position in the world with a GNP worth US$112.6 billion. This sharp rate of development within a very short period of time definitely demands festivity as opposed to Nigeria which could not present any economical achievement during its 50 years post independent anniversary. Manufacturing industries were shot down either due to excessive debts or unreasonable cost of production owed to poor power supply. Yet, billions of Naira was spent celebrating failure. The government had told its citizens to be at least thankful since they still co-exist as a nation. What an achievement?!

While Nigeria still struggles to uncover the problems of its power sector, Malaysia was the first country in the world to issue biometric passports in 1998. Would biometrics be conceived if steady electricity was a problem? While Nigeria still begs for ‘bread’ forgiveness and more funds from IMF, Malaysia ranks the 18th largest trading partner of the United States with an annual worth of $33 billion, according to the US department of State. Muathir, the then Prime Minister (1981-2003) had long observed the economic evil and havoc IMF’s interest on loan causes, once you have knocked on its door. As Mark Beeson describes: “not only has Malaysia, under the leadership of its Prime Minister, Muathir Mohamed, refused to adhere to the neoliberal orthodoxy of liberalisation and financial opening, but, the Malaysian government embarked upon a systematic counter-offensive designed to mitigate the influence of external economic forces and retain a degree of national policy autonomy”. Between 1997 and 1998, the South East Asia nations were struck with devastating economic crises which originated from Thailand. While Thailand and its neighbouring countries sought the intervention of the IMF, Malaysia rebuffed IMF and relied on its Islamic financial policies to address the problems. While Malaysia recovered sharply, other countries were further plunged into debts from the loan offered by IMF. On 31st of July 2003, when Thailand fully paid its debt of US$ 14.5 billion, the then Prime Minister went on air and swore never to seek fund from IMF again. These economic successes of Malaysia are quite revealing for the mind to read and the eyes to see. A lot of beautiful researches and treatises have been written by most of the best economist in the world on this success story and none of them is yet to ignore the magical roles played by the principles of Islamic financing.

If Malaysia could survive and thrive economically without the IMF, then its non-interest based financial policies should be eulogised and implemented by any serious developing country. I am not ashamed to declare that the principles of this non-interest based financial system are deeply rooted in Islam. But an Islamic Bank is not a mosque were Muslims observe their 5 daily prayers. It is a financial institution established basically to improve the living standard of every human, Muslim or Christian. Anyone, rich or poor, old or young, man or woman, Muslim or Christian, could walk into any Islamic bank seeking finances for businesses and projects which conform to Islamic ethics. Thus, alcohol and tobacco would not be financed. In Islamic banking, as opposed to conventional banking, the borrower is never allowed to bear the burden of the loan acquired. When profit is made, it is shared fairly between the bank and the entrepreneur; the same happens when loss is made. And to demonstrate the fairness of this financial system, the entrepreneur is provided with all the professional expertise his business needs to excel. On the other hand, a conventional bank lends money without a thorough monitor or professional advice. Whether he succeeds or not is of no concern. The interest to be paid is all that matters. After all, if the borrower defects, his collateral would be sold. Daily, we watch pitifully how properties are being seized and sold by banks because borrowers are incapable of paying their debts. Is this a just system?

Conventional banking has failed and Islamic Banking is now the hope of the world. It is exceptionally shameful that in this age and time, some respected clerics and ‘literates’ could celebrate their ignorance of world economics and finance through press conferences and protests after turning down an offer made by the CBN Governor, Sanusi Lamido, to educate them on the economic benefits of the system. In the world today, the viability of Islamic banking has transcended religious sentiments and debates. It is a powerful current that one cannot afford to swim against. The global chairman, financial services KPMG, Brendan Nelson could not help but declare that “at KPMG, we are very conscious of the growing importance of the Islamic finance industry and are pleased to be contributing to its continued advancement”. Today, KPMG is one of the first accountancy organisations to offer Global Islamic Financial Services (GIFS). It would shock any of these religious fanatics to also know that the concepts of Islamic Finance have recently found a comfortable seat in the Association of Chartered Certified Accountants’ (ACCA) syllabus. It would only take a few years before we also begin to clamour for its inclusion in our university curriculum; else, we would be producing graduates who do not meet world’s specification. Currently, every serious country seeks the services of profound and contemporary Islamic scholars for the establishment of the system. The Financial Services Authority (FSA) of England was quick and wise enough in September 2004, to have approved the Islamic Bank of Britain (IBB). The Bank of London and the Middle East (BLME) and European Islamic Investment Bank (EIIB) also blossom with pride today in the UK. RomAsia bank, Devon Bank, Lincoln State Bank, Cole Taylor Bank and Minnesota Housing Finance Agency are a few of the financial institutions offering non-interest financial services in the United States.

As a writer, to me, the origin of any concept or principle is immaterial; the most imperative thing is how beneficial it would be for humanity because poverty is not religiously biased. After all, the stage is open for any thinker to evolve any economic principle that would compete with ours. Karl Marx did, and it is quite obvious that communism has failed. Cuba is probably the only country in the world still struggling with the closest model of communism. Adam Smith’s capitalism is purely an exploitation of the weak and a haven for the rich. Therefore, Soludo did not err. He is not a northerner or a Muslim. He is a Nigerian; a scholar per excellence who knew what was right for the masses. Is Malaysia anywhere compared to Nigeria in any economic sector? Today, the Nigerian community in Malaysia has reached an alarming rate. Have you ever asked why these young minds crave to study and reside there? In my candid view, any antagonist of this lofty system should not only be seen as a diseased ignorant, but an enemy of the masses as well.

Thanx bros
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Interested ? Call 08023160339

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Post the Pix as requested showing interior front and rear and the booth! Then I will give my final price in private.
I promise you we will be singing to the bank, the PIEDPIPER way!

i've been so busy, i'll very soon

@Piedpiper
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