| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by chigator2: 12:00pm On Dec 27, 2021 |
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 Guyy Non-Interest lending existed before Muhammad birth please. Get informed dude. Check my post up there and read up credible sources on the internet Madrassa no be school, dem no wan hear   smh 1 Like |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by Loveurneighbour: 12:14pm On Dec 27, 2021 |
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. 
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| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by goody234: 12:16pm On Dec 27, 2021 |
Inflation will finish the value of your money ..i dont see how this is a good investment |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by Tranquility4u: 12:19pm On Dec 27, 2021 |
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
The fact still remains that Islamic banking is the best. Prophet Muhammad condemned and banned the usury-based finance system he met when he was sent to the world as God's Prophet and Messenger. He practised and preached a non-interest finance system during his life time and it's the legacy of that that brought about the present non-interest finance or Islamic banking the world is seeing today. So you know that usury is a sin for Christians. Yes, you are right. It's a sin, not for only Christians but for all mankind. So my question is why are you Christians still dealing with usury? 1 Like |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by Loveurneighbour: 12:21pm On Dec 27, 2021 |
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 I feel your pain 1 Like 
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| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by Clarkekent: 12:36pm On Dec 27, 2021 |
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 Your name suits you. You need to grow up |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by chigator2: 12:39pm On Dec 27, 2021 |
A commentator said Islam is the solution to all problems but deleted it after he realized his fooly.
Yet, Islam hasn't cured the backwardness, poverty, wars, terrorism and hatred prevalent in Muslim countries.
Before they claim the West is fighting them, remind them that their holy nation Saudi Arabia is biggest customer of US war industry, buying weapons to kill Muslim goat herders in Yemen and physically dig a trench to divide the Arab continent so as to isolate Qatar Muslims.
This Islam did not prevent the first offspring of Islam from killing each shortly after Muhammad died, as they battled for supremacy leading to the Shia - Sunni split.
Intelligent Arabian minds were rising up in Science and Technology, it was this same perfect Islam that silenced them in favor of fanaticism. It killed Science and Philosophy thus weakening the Ottoman Empire when the European Christian super powers came knocking.
Today they still play second fiddlew. Any stretch of power left or acquired was initially achieved by coercion / jihad or birth rate explosion right from the days on the originator never by conversion.
Such a perfect Religion, It never cease to amaze me. 1 Like |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by emmanuelewumi(m): 12:50pm On Dec 27, 2021 |
SocialJustice:
Nairametrics wrote a better story. No mention of rental rate here. 13% 1 Like |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by emmanuelewumi(m): 12:52pm On Dec 27, 2021 |
1 Like |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by Bluntemperor: 1:11pm On Dec 27, 2021 |
cleish:
Hmm, using stolen government money to buy insurance from the same government 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? 1 Like |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by BigBashiru: 1:32pm On Dec 27, 2021 |
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. Islamic states say woman must cover up...theres a law in kano and Iran that says no sex b4 marriage. pls tell me if these aren't food things.... the only error in Islam as far as I'm concerned is a failure to acknowledge that Jesus is d Son of God! other than that, Islamic countries are better than Christian countries.... |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by nnamdi640: 2:26pm On Dec 27, 2021 |
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 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. |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by BigDawsNet: 3:18pm On Dec 27, 2021 |
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. 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 |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by PSVITA(m): 3:23pm On Dec 27, 2021 |
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 You're a FOOL!!!! |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by NOETHNICITY(m): 3:45pm On Dec 27, 2021 |
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 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 |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by SpecialAdviser(m): 3:48pm On Dec 27, 2021 |
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 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. |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by dawnomike(m): 3:52pm On Dec 27, 2021 |
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
|
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by nnamdi640: 5:25pm On Dec 27, 2021 |
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 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. |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by cleish(m): 5:34pm On Dec 27, 2021 |
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?
Julius Berger, RCC and Dantata seem to be doing quality job. The longer it takes for such projects to be completed, the more kickback funds and rewarding of such contracts. |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by BigDawsNet: 5:42pm On Dec 27, 2021 |
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. Cletus Madubugwu ibeto $3.8b |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by Coolgent(m): 6:10pm On Dec 27, 2021 |
Children of hatred will say... This is an attempt to Islamise 9ja |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by nnamdi640: 6:35pm On Dec 27, 2021 |
BigDawsNet:
Cletus Madubugwu ibeto $3.8b Ibeto wealth can't be compare with that of Dangote. |
| Re: ₦250 Billion Sukuk Bond Over Subscribed, Hits ₦865 Billion by NOETHNICITY(m): 7:33pm On Dec 27, 2021 |
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. We are talking about Islamic finance here man What's paining you about that? |
