Abass07's Posts
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Iranu... |
What else do u expect? It's a usual thing to him. Something wey he don dey do tey tey. |
Shior!!! |
Rockyrascal:Well said, but there are a lot of guys whose topics also need special consideration e.g naptu2 etc So, to prevent creating too much unnecessary sections, I don't think there is need for this. |
HenryDion:oh no! It shouldn't be up to this. Everybody is entitled to his/her own opinion. What the op said is just a suggestion. |
lokomo:so, u are telling us that when an Igbo man commits a crime, we should blame christians for that? |
Nonsense Western world always overhype their things Se na because we no dey keep record for Africa Oldest tree ko newest tree ni |
FTC... Once again Dedicate this to my love, today is her birthday I don book space cos e sure say this go hit front page |
FTC... Dedicate this to my love... Today is her birthday. As for Janet, good for her. She will soon reach menopause. |
A good one |
Nonsense |
Ehya! Hope he is still d richest in africa. |
Good concept |
FATWA ON MMM BUSINESS SCHEME Assalaamu alaikum! Before concluding on whether this type of business is haram or not it is pertinent to understand how the scheme works: First, one deposits some amount of money *into* the system( the "company" claims otherwise though.) From the moment he starts contributing(depositing), he starts earning points called "Mavros". This amount increases by 30% every month. All these contributions are done in the name of "help"/ "assistance". Request can be made to withdraw money(based on points earned) at the end of the month or even before the month ends. Bonuses are given after registration as well as when one invites a new member. All the money being paid to members are from the deposits of other members. There are no other sources. This is a summary of how the system works. More information can be gotten from the company's webpage at *(http:///what_is_mmm/)* This business model is a typical example of what is referred to as a *Ponzi scheme*. In this system what happens is that the operator/ company pays returns to its investors from new capital paid by new investors and not from any profits. No products are involved - only a pooling of funds by depositors into the scheme. This is haram for the following reasons: 1) It involves depositing some amount of money and getting returns on it later on without actually doing anything with ( investing) that money deposited. This is riba( usury). 2) The business model is very risky because it is by nature unsustainable. The reason is that a continuous stream of new investment( from existing and/or new investors) is needed to fund the higher returns promised . If such in flow of money slows, then it would become difficult or impossible for the company to pay the promised return. Apart from this, once an economy starts to decline investors tend to withdraw part or all of their money leading to the same problem. Eventually this system would collapse sooner or later and people would automatically lose all money deposited. In fact this has actually happened with this very company in other countries where it initially operated such as Russia, and people lost huge amounts of money with total sum amounting to billions of dollars. Some investors actually committed suicide. The owner of this company Sergei Mavrov had been initially arrested and convicted of Fraud. This "company" was open to the Nigerian audience via its website this year( 2016). The advise is to please stay away from such business. It is not compatible with the shari'ah and it is in itself very dangerous. There are other business models that have come up in recent times that are also largely fraudulent and hence haram. An example is "network marketing" also known as multilevel marketing ( MLM)/ Pyramid marketing where someone registers with a company by paying some fee and he is then given license to purchase the company's products at wholesale price and sell. He also invites new members. He makes money via his sales but most of the emphasis and profit ( or returns) is from the number of people he invites into the business (i.e the size of his network). And usually, he is also required to sell products to his prospective members rather than emphasis on consumers outside the plan/ network who may actually want to use those products. In addition they tend to have cult- like techniques where they gather in circles to give emotional support to themselves after every business meeting. This scheme is also fraudulent in most of its ramifications and actually illegal in many countries and has been declared haram by many scholars. Despite all of that many of such companies exist in Nigeria today. May ALLAH ( S.W.T) protect us from evil income and grant us pure wealth. AMEEN. WABILLAHI TAWFIQ |
Prophet!prophet!! Prophet Joshua Tuberculosis... Lol |
Wow!Honestly,this is the only thread that I have enjoyed so much on nairaland.Kudos to Naptu2 and everybody that commented with maturity. |
pragmatistm:pooh!!!I don't have time to argue.Get urself educated. |
Well,I think the best thing to do to prevent this from happening is to educate the partner to withdraw is penis immediately he has ejaculated. |
Of course,it bleaches the face my guy |
Malaria cannot be cured with bath soap...plasmodium is deposited into the blood system and not a disease of the skin. |
Pls op can u get me a convenient place for pop,Ib or Lag...I just left med school,yet to get placement for house job.Thanks |
No be her fault...she needs a guy badly |
CandyDiamond:enh enh!!! U sure?...let's just wait and see. |
Gobe sele niyen o |
undecidedYoruba:it's very obvious that u didn't digest the thread |
This is arrant nonsense...famine in Nigeria?where we have a lot of fertile soils even though we no dey plant. |
Honestly...electricity has improved tremendously in my own local government, Oluyole LGA,Ibadan,Oyo state since d last two months and I guess it's the same in the whole of Ibadan.Thanks to whoever is keeping the good work going. |
PoliticalThuG:No,na IMO. |
PoliticalThuG:No,na imo |

