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HAPPY CHILDREN'S DAY 2016 TO MY KIDS
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Iko5000:Sukuk (Arabic: صكوك, plural of صك Sakk, "legal instrument, deed, check" is the Arabic name for financial certificates, but commonly referred to as "sharia compliant" bonds. Sukuk are defined by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as "securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets." The Fiqh academy of the OIC legitimized the use of sukuk in February 1988 Since fixed-income, interest-bearing bonds are not permissible in Sharia or Islamic law, Sukuk securities are structured to comply by not paying interest. This is generally done by involving a tangible asset in the investment. For example, by giving partial ownership of a property built by the investment company to the bond owner who collect the profit as rent, which is allowed under Islamic law. Upon expiration of the Sukuk, the rent payments cease.HSBC estimates that as of 2009 there was $822bn Islamic finance debt outstanding in the world. According to the 2014 Global Islamic Finance Report, $1.813 trillion of assets are being managed in a sharia compliant manner. In common usage outside of Arabic-speaking countries, the word "sukuk" is often used both as singular as well as plural. (In proper Arabic, "sukuk" is plural, "sakk" is singular.) Use of the word "sukuks" when referring to more than one Islamic bond is incorrect. Source: https://en.m.wikipedia.org/wiki/Sukuk |
Wow thanks for this info. I also got this info from someone as an easy way to make money for nigerians . But the money goes to liberty reserve or payza(alertpay). How true is this? This is it " Earn Free and Easy Money by referral links - 1$ per visit... $1000 per 1000 visits http:///oJI3KvUs " |
A 3 year old boy was asked by his uncle to make a sentence. The boy immediately noticed a dog passing by and said, "uncle, this is a dog!". surprised, the uncle smiled and said, "That's good my boy. Now make a long sentence". And the boy smiled and said, "uncle, it is simple na, This is a dog ooooooooooooooooo!"__ Aliga P.A. |
ALIGA P.A.: Wow! Seun you make me laugh laugh,, Read this, A 3 year old boy was asked by his uncle to make a sentence. The boy immediately noticed a dog passing by and said, "uncle, this is a dog!". surprised, the uncle smiled and said, "That's good my boy. Now make a long sentence". And the boy smiled and said, "uncle, it is simple na, This is a dog ooooooooooooooooo!" |
Well, I have thought about this before. It doesn't take a Nostradamus to predict this. Everybody has started understanding their games; their bloods temperatures rising and fuming for war. We are all tired of their empty promises. It is now obvious that the Militants have tested how weak and fearful Nigerian elites can be. Other militants would soon arise for their own piece of national cake. And soon after, when this becomes to rampant the elites would try to resist it. And this would eventually lead to a civil war that could break NIGERIA. However this could be averted if only these elites are ready to make our country a better place to live in. But would they?, The answer is in their hands. |
Well, I've heard a lot about Akin Alabi, I have gone through all his sites and where they mentioned his name 775 time on Google search. I have never attended his seminars. I have read his adverts in Success Digests. I have never bought his ebooks. But I feel he is genuine. All that he is saying are practical. I believe him. And I want to be like him. That's why I have made efforts to even come and participate in this forum. Or what do you think. |
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is the Arabic name for financial certificates, but commonly referred to as "sharia compliant" bonds. Sukuk are defined by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as "securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets." The Fiqh academy of the OIC legitimized the use of sukuk in February 1988 Since fixed-income, interest-bearing bonds are not permissible in Sharia or Islamic law, Sukuk securities are structured to comply by not paying interest. This is generally done by involving a tangible asset in the investment. For example, by giving partial ownership of a property built by the investment company to the bond owner who collect the profit as rent, which is allowed under Islamic law. Upon expiration of the Sukuk, the rent payments cease.
The answer is in their hands.