ContractKiller's Posts
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The whole zero interest Islamic Banking thing is actually a scam. They actually charge interest, but rather than call it interest, they call it "rent." Let me explain a bit further the difference between Islamic banking and other banks and why even in countries like Saudi Arabia it isn't popular. Let's say you apply for a loan under a conventional bank for a home ownership mortgage to purchase a residential house for yourself. At all material times, that house actually belongs to you and not to the bank. The only legal rights the bank has against you is to charge interest on the loan and try to ensure you pay it back on time. Because the house is yours, you can still sell it if someone makes a good offer to you. The bank cannot stop you from doing this. Under Islamic Banking however, what happens is this: If you enter into a home ownership mortgage with an islamic bank, the bank buys the house, and then sells it to you at about three or four times the commercial value of the house on the open market. In other words, let's say the value of the house on the market is 5 million naira, the Islamic bank will sell it to you for 15 or 20 million naira. Unlike in a conventional mortgage, the house belongs to the islamic bank, not to you. You only pay "rent" to the bank. If the commercial value of the house goes up, you cannot sell it as you would have been able to do under a conventional mortgage. Instead, the Islamic Bank can increase the amount of "rent" you are paying to reflect the fact that the home's value has gone up and if you fail to pay, they can evict you and sell the house. So what they're actually doing is interest by another name. dominique: Corporate2020: Ibrahimmrfish: |
Then you should stop calling yourselves the Giant of Africa. osamz007: |
Only intensive investigations using DNA and fingerprint evidence can lead to the arrest of the demons who did this. Not primitive superstition. Amotolongbo: |
A mad woman lacks the mental capacity to understand what forgiveness means, in much the same way that she lacks capacity to give consent for a sexual relationship. Yxxx: |
fati2001: |
Muhammad Atta a well known Pakistani muslim scholar, intellectual and philosopher died recently at the age of 83. In his Will, which he asked to be read before his burial, he asked his family not to perform the traditional muslim prayer for the dead known as Namaz e Janazaa because according to him, Islam is a religion of fraud and lies. [img]https://images./5Sd8ee6AcIgDeYbXn2tpff.jpg[/img] [img]https://images./JfgctzfhmARfqCJOQkntW.jpg[/img] [img]https://images./6Cv7op8C92e733fqNqImxE.png[/img] [img]https://images./4PGczBGeImWVbYZmSOYBC1.jpg[/img] [img]https://images./4oXGRFiaFFbaxCIowUzVXR.jpg[/img] [img]https://images./PPf4yAbsqG85znCroS4EY.jpg[/img] |
fati2001: |
Nothing can be more wayward than bringing a child into the world and turning that child into a filthy Almajiri street beggar ![]() fati2001: |
I'm sure he's not interested in any a-boki street beggar. fati2001: |
If you have really turned a new leaf, go and make a confessional statement to the police and allow yourself to be charged and tried for the two criminal offences you have committed. |
When a short man devil is running the show, why won't everything be hellish? |
The link you sent to me is as dead as your brain. imhotep: |
Ambazonia does not exist. |
![]() Sorry for your plight and glory be to God for you overcoming such a tragedy. But what kind of father sends his TWO daughters to go and buy diesel in the night? Where I stay, once it's 7 o'clock nobody sets foot outdoors unless there's an extreme emergency. Undoubtedly the evil rapists/kidnappers ought to be apprehended and executed before a firing squad, but your father didn't behave responsibly. |
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I find it funny that the two people (Kanye West & Floyd Mayweather) who have stepped forward to provide financial assistance for George Floyd's family are the two who have been called all types of names for supporting Donald Trump. |
An Aide De Camp is an assistant to a military officer. Maybe if you father could have afforded a better grade of condoms, a mistake like your existence could have been avoided. [img]https://images./7probmh8zl0RmsMBCyz1S1.jpg[/img] Wickedfact: |
Which one is ADC? Is THÍEFnubu a high ranking military officer? [img]https://images./7probmh8zl0RmsMBCyz1S1.jpg[/img] |
The House of Representatives has voted against a prayer seeking to recommend castration for rapists.https://punchng.com/breaking-reps-reject-castration-as-punishment-for-rapists/
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How could he lose something he never had? dangotesmummy: |
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E pain am even more than im papa micro size preek ![]() [img]https://images./6EvggFzYfjFWXumLTBEwjT.gif[/img] vannessa7: |
Does WinRAR even differentiate between trial version and full one? ![]() crownedrookie: |



