₦airaland Forum

Trustworthiness:
The fact still remains that this idealogy is from Islam. Then... It is worth mentioning.
There is nothing wrong all religious groups bring out a game changing ideas that can bring reformation in the country.
So, if your religion has something for the country, then let us know and don't keep it to yourself

Biodun556:
Beauty of Islamic finance

Religion is not our problem but rather a solution to our problem
First and second WW were not caused by religion

First WW claimed 16 million lives while second WW claimed 85 million lives

Man will always find excuse to pursue his selfish interest on account of what he believes in

Wole Soyinka established a so called fraternity in his University days, but now the fraternity has turned to cultism becomes one of the security challenges we face now in Nigeria. That's how man behaves.

chigator2:
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 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

goatandyam:
Shekau and the rest of them terrorist don see where to keep money made from years of doing bokoharam.

Now ready to spread it even deeper into more and large scale terror activities. With the help of that useless Saudi crude-oil powered non- interest banking. We shall see how long you terrorist will be able to sustain that by the time solar powered and green energy becomes popular.

The same sun that you worship is the same sun that is going to shut down your madness.

Check UAE. They have seen the bigger picture and already leaving you idiots behind to continue on your unsustainable madness

goatandyam:
Shekau and the rest of them terrorist don see where to keep money made from years of doing bokoharam.

Now ready to spread it even deeper into more and large scale terror activities. With the help of that useless Saudi crude-oil powered non- interest banking. We shall see how long you terrorist will be able to sustain that by the time solar powered and green energy becomes popular.

The same sun that you worship is the same sun that is going to shut down your madness.

Check UAE. They have seen the bigger picture and already leaving you idiots behind to continue on your unsustainable madness

SocialJustice:
Nairametrics wrote a better story. No mention of rental rate here.

chigator2:
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

cleish:
Hmm, using stolen government money to buy insurance from the same government

Biodun556:
Beauty of Islamic finance

Religion is not our problem but rather a solution to our problem
First and second WW were not caused by religion

First WW claimed 16 million lives while second WW claimed 85 million lives

Man will always find excuse to pursue his selfish interest on account of what he believes in

Wole Soyinka established a so called fraternity in his University days, but now the fraternity has turned to cultism becomes one of the security challenges we face now in Nigeria. That's how man behaves.

BigDawsNet:
A guy said to God, "God, is it true that to you a billion years is like a second?"
God said yes.

The guy said, "God, is it true that to you a billion dollars is like a penny?"

God said yes.

The guy said, "God, can I have a penny?"

God said, "Sure, just a second."


Today, that guy is DANGOTE!
make a choice today, and your life will never remain the same

nnamdi640:
Dangote became what he is now is as a result of FG. FG favoured him just because he his a northerner, if Dangote is from the south, he wouldn't have gotten to that level. He was once the only person that import rice to Nigeria during Abacha regime, there is a waiver for his importation of goods. When FG noticed that Ibeto cement was competing with his own cement,they have to fustrate Ibeto in order to bring him down.

BigDawsNet:
A guy said to God, "God, is it true that to you a billion years is like a second?"
God said yes.

The guy said, "God, is it true that to you a billion dollars is like a penny?"

God said yes.

The guy said, "God, can I have a penny?"

God said, "Sure, just a second."


Today, that guy is DANGOTE!
make a choice today, and your life will never remain the same

SpecialAdviser:
The problem with most of you Muslims is that you always like to play religion in everything.
Dont forget that most of the good practice systems in the world also have Christian origin but nobody has made noise about it.
If you have something you presented, why making it look Islamic always? Why not allow it flow in order not to draw unneccessary religious dimension to it? For instance, how would it be that some people attach thier religion to the origin of football? Attach to the origin of many
great scientific feats. Attach religion to even our calendar system and much more

Quit being stupid, it creates an atmosphere of suspicion. You muslims will never learn sha

NOETHNICITY:
It is nothing other than hate that infurates you anytime you hear that something good comes out of any islamic concept. I doubt if I can say thesame for muslims. I will never get angry if I hear that certain christian concept benefit mankind. I'll be glad to participate in it and also benefit if it's legal and halal for me.
Rid ur heart of hate. Purge ur heart of hate and see some mental liberation in ur life

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

BigDawsNet:
I'm not a northern but I we couple of Billionaires in Anambra...

Just wanna know if the fg help them achieve that wealth in any kind of way

Bluntemperor:
Someone still get sense like you!
Now that Sukkuk Loan is available,can we call on Mr Fashola- the Minister- of Works,why the Lagos- Ibadan Express Road is yet to be completed OR
Why Shagamu- Ikorodu is yet to be completed after many Years too?

nnamdi640:
Billionaire indeed! Tell me their worth and what their asset is, then compare with that of Dangote. How many of them can employ 1500 experts from other countries to work under them. You think Dangote wealth is bread and bean. Sometimes you guys just overate some people wealth based on the fake lives they are living.

BigDawsNet:
Cletus Madubugwu ibeto $3.8b

SpecialAdviser:
Well may be because we hear a hundred evil about you and just one out hundred is good.
Hope there wont be a suicide bombing this week. or terrosit attack as usual.