₦airaland Forum

[quote author=alj_harem link=topic=708609.msg8673015#msg8673015 date=1310071519]ok then it mean the Islamic banking can then be applied there or what do u think

i hope people are not looking at it as a northern affire but as a National affire [/quote]the whole point is how can it be a national affair when half of nigeria is not muslim?

i dont think you get the main issue.

talknafree:
]WHY ARE SOME NIGERIANS SO DUMB


Sanusi isn't the originator of the Islamic Banking System. It is the Law of ALLAH (God).

Who told you christian's to Disobey God's laws in order to favour your so called modernization and greedy selves?

Checkout the Holy Quran for Allah's stance on Usury/riba (interest). And then you will know Islam is the ONLY RELIGION because even after 2,000 years its laws MUST still be obeyed unlike these greedy and clueless christians that have sold their religion to the highest bidder.


Places in the Holy Quran where Allah forbids Interest (Usury)

Q2:275-280
Q3;130
Q4:161
Q30:39

see your life:

Modern Islamic banking


Interest-free banking seems to be of very recent origin. The earliest references to the reorganisation of banking on the basis of profit sharing rather than interest are found in Anwar Qureshi (1946), Naiem Siddiqi (1948) and Mahmud Ahmad (1952) in the late forties, followed by a more elaborate exposition by Mawdudi in 1950.[citation needed] The writings of Muhammad Hamidullah 1944, 1955, 1957 and 1962 should be included in this category.[citation needed] They have all recognised the need for commercial banks and their perceived "necessary evil," have proposed a banking system based on the concept of Mudarabha - profit and loss sharing.[citation needed]

In the next two decades interest-free banking attracted more attention, partly because of the political interest it created in Pakistan and partly because of the emergence of young Muslim economists. Works specifically devoted to this subject began to appear in this period. The first such work is that of Muhammad Uzair (1955).[citation needed] Another set of works emerged in the late sixties and early seventies. Abdullah al-Araby (1967), Nejatullah Siddiqi (1961, 1969), al-Najjar (1971) and Baqir al-Sadr (1961, 1974) were the main contributors.[citation needed]

The early 1970s saw institutional involvement. The Conference of the Finance Ministers of the Islamic Countries held in Karachi in 1970, the Egyptian study in 1972, the First International Conference on Islamic Economics in Mecca in 1976, and the International Economic Conference in London in 1977 were the result of such involvement. The involvement of institutions and governments led to the application of theory to practice and resulted in the establishment of the first interest-free banks. The Islamic Development Bank, an inter-governmental bank established in 1975, was born of this process.[11]

The first modern experiment with Islamic banking was undertaken in Egypt under cover without projecting an Islamic image—for fear of being seen as a manifestation of Islamic fundamentalism that was anathema to the political regime.

wiki

^^yes, bank of the north is very much present in the south.

[quote author=alj_harem link=topic=708609.msg8672957#msg8672957 date=1310070880]

tpia, there are southerners that are muslims as well and would want to practices this form of banking

would they have to travel to the north before the get there money out,.,. i guess not

CBN is getting involved in this to as to help the new banking system grow

a private investor can not do it because of this upraise we are already seeing

CBN and the president are the only people that have to power to make this branch of the banking sector to grow[/quote]bank of the north has branches all over the south.

likewise any privately funded bank is free to have branches wherever they want to, for muslims who prefer sharia banking.

CBN means central bank of nigeria and has no business introducing religion into public secular issues like banking.

is soludo's salary not drawn from the fed govt coffers?

[quote author=alj_harem link=topic=708609.msg8672891#msg8672891 date=1310070303]i dont believe it is meant for Non-muslims to use by force

if u do not feel like using it, then i is a free world but if u fell like using it then by all means use it

it is a free world, normal interest banks will still be very around[/quote]is there any reason why islamic banking cant be limited to specific banks like bank of the north which i'd thought was what was being done before?

why exactly does CBN have to get involved in what's supposed to be private enterprise?

any individual with money, can open an islamic bank for anyone to go to- why is the matter being sponsored and handled by CBN?

there have never been any thing called ogboni, or Christian banking

i'm learning about this imaginary christian banking right here on nl.

Goldieluks:
Lmao,you get any?

no.

that's why i can relate to you.

oh, ok.


https://www.laymor.com/global_images/8c_image1.jpg

mechanical street sweepers are a good idea.

wonder why nobody has implemented them yet in nigeria.

or has any state/town done so?

and the people cleaning the streets manually could be reassigned to other areas as well so their incomes wont be affected.

GenBuhari:
tpia@,
Now you should know that what you thought to be common Knowledge was in fact a common lie ,
It is clear from news reports that the bridge was opened by President Shagari on 30 Sept 1980, Babangida was not head of state until August 1985.

so everyone who was there when babangida opened third mainland bridge was, in fact, hallucinating?

talknafree:
[s][s][s][s][s][s][s][s]WHY ARE SOME NIGERIANS SO DUMB[/s][/s][/s][/s][/s][/s][/s][/s]


Sanusi isn't the originator of the Islamic Banking System. It is the Law of ALLAH (God).

Who told you christian's to Disobey God's laws in order to favour your so called modernization and greedy selves?

Checkout the Holy Quran for Allah's stance on Usury/riba (interest). And then you will know Islam is the ONLY RELIGION because even after 2,000 years its laws MUST still be obeyed unlike these greedy and clueless christians that have sold their religion to the highest bidder.


Places in the Holy Quran where Allah forbids Interest (Usury)

Q2:275-280
Q3;130
Q4:161
Q30:39

see am.

the guy has even vanished- is he nursing his broken heart somewhere or seeking revenge.


see drama

I am sure hes broken and he said that I wil bear the consequences of his 'falling back' cz I have refused to 'love him back'?

what the . . . . .


holy moly

^^blazay intentionally looks for fights just to spice up her time on nl.

anybody answering her, is only playing into her hands.

the thread will get derailed, that's for sure.

i'd rather focus on jon-bullsh!t than her.

the search function is still there, in case the op wants to look for the other 500 threads about left handed people.

since s/he only has 4 posts, i suppose his/her new moniker should be reminded.

^^i think you and darapture should face each other.

discuss intoto.

no pun.

so, no interest is the carrot being dangled before some longerthroats and the whole world must not rest again?

no interest ko, lack of interest ni.

GenBuhari:
Please help me ask Seun to put this thread on the front page

BtW are there no computer specialist who could tell me whether or not it is possible to embed streaming videos on this thread ?
(other than youtube -which I know is possible).
Or can anybody please convert them to youtube so that I can embed them
Thanks in advance.

i think there's either a charge or it's not possible to do so.

http://www.itnsource.com/helpandsupport/downloadingclips/

GenBuhari:
tpia@,
It should be clear to you that u have been misled, the news posted at top of this page clearly shows the bridge was completed in 1980, Babaginda never came into power until almost six years later.

misled in what way?

it's common knowledge babangida completed and opened third mainland bridge.

huh, he asked for an oath?

it's that serious?

@ sagamite

i said i'm not interested in these long epistles.

like fela said, continue suffering and smiling.

maga don pay.

Pro 01

are you referring to me specifically.

Abi tani wrinkly legs.

Mmmh hmm

So did bratani fall in love or something?

I havent been following this jist.

Negro

thank you very much for finally admitting this is all about religion and nothing more.


As for your beautiful ladies talk- hmm that was a freudian slip.

I'm not really interested in back and forth with you.

If you enjoy being shiftless, that's your life and it doesnt concern me.

Abi am i your mama?

Wonder why the thing cant be deleted.

islamryles

Please leave symbili/blazay.

She's saying nothing she hasnt already said before and besides, she just likes drama- it makes nl interesting for her otherwise she'd be too bored.






@ topic

The real boko haramist here is this devil called jon.bullsh1t .

Bloody f.ool who says he's from the niger delta and obviously is one of al quadea's foot soldiers there.

What's christian banking?

And how long before the talk turns to jewish banking/jewish bankers and world domination.