₦airaland Forum

chigator2:
In between...Op,I am a christian.
My comment is not about fanatism but an unbiased opinion.









These fanatics again.... Hold your high horses.

Why are you guys trying to imply silly religious narratives into these report.

For your information, Islam didn't Invent or even Introduce non-Interest finance to the world.
Even Muhammad came to meet non-Interest finance practiced in his time.
In Medieval Europe Usury was a Sin/Crime for Christians. It was only allowed for Jews who could only practice such to only non-Jews.
Later, The Medici's adopted the trade and rose to power in Europe.

So it's nothing new or original to Islam that you should brag or blab about. It shouldn't even be addressed as Islamic finance rather Non-Interest/Ethical Finance
No system is perfect as some naive people claim.

Islamic finance differs on 2 major concepts:
1. Shariah Permissible/Ethical Investing
2. Profit/Loss Sharing

This does not magically delete the inherent risk in the business invested on. The business can fail woefully causing deeper losses for the lender than on the other hand, the flip side is that both parties share losses.
Hence
Ethical Finance is more sustainable and ensures the lender is a partaker of the risk so lending is more vetted rather than careless lending.
On the other hand, Interest charging finance offers more time value for the lended money and protects you better from inflation while sacrificing sustainability.

The Oversubscribing of Sukuk Bonds is also simply a feature of expanding Capital that is seeking returns. Capital is flowing about and needs returns so any available sustainable opportunity is a good bet.

It doesn't mean anyone wants to shout Allahu Akbar, pray 5 times or blow up stuff with you




Bruhh get educated and stop blabbing.

Muhammad came 600 years after Jesus Christ.
Read Church History, it was forbidden for Christians to loan a fellow Christian money and expect anything in return not even profit sharing was permitted.I guess inflation wasn't a worry thing then.
They practiced this for good 500 years + before Muhammad came around with his revelations
In Medieval Europe, Usury was also a crime.

Muhammad came to meet Ethical Investing and as usual everything was plagiarized into Islamic Banking.
So because the word "interest" was replaced with "Riba", it is now of Islamic origin. SMH.
Truly truly Madrassa no be school

Jayden001:
I'm 30 and I'm tired of people taunting me that I'm so old and should be married with kids... These guys are people that I might just be four years older than; like some of them are 26, 27.
One even told me that NYSC cannot accept me for service cos it I'm too old. He doesn't know my real age though...
For me oo, I'm still a young lad oo but these guys are really making me uncomfortable with their negative comments.

HELLASJ:
Good evening Nlanders.

Please I need a legal advice on this matter.

FCMB staffs come to my school campus sometime ( 3yrs) ago to open an account for students and I happen to be one of them.

Fast forward to last month I wanted to start using the account, so I went to their branch office here in my state, so as to upgrade and deposit some cash in the account.

To my greatest surprise I found out that this so call FCMB staffs used another man's passport on my account. When I asked, the lady in charge told me to update my data and also deposit some money into the account to facilitate my account upgrade.

Please legal practitioners in the house, is there anyway I can press charges for this act.

PS: The account is already linked with my bvn.

DjBigMoni:
Thank God for safe delivery, even through it was CS everything went successful. So my mum came around for Omugwo first and ever since my wife had been having issues with her. it got to the extent my wife pulled a knief on my mum and i, she even fought my mum before she left. So her mum now came around for Omugwo also and i have not been giving her face even despite she has apologised with my wife also and even her Dad. but I'm still finding it difficult to forgive her don't know why.