nakedall:

Ibos are the first set of people that support Islamic banking owing to their greed for money. Sell out! they sold again!!

Anuofia do your research na Yoruba be the first, half of Yorubas are muslims thats whey fashola is keeping quiet cos he like am, even that ugly baboon musilu of yorubaland adegbite is chief organizer of this sharia thing, na so una go dey judge with your eyes closed,

DO you think the north can succeed without their Yoruba muslim brothers?
Every islamization act in this country has been done in tandem with the Yorubas na lie

ok OIC membership, go and read and see who IBB consulted whether no be Yoruba

Sharia who dey for power then? no be obj?

OK sharia bank? no be adegbite musilu one of the whole yorubaland?

ANuofia research next time before you spew ignorance

all4naija:

^^^^Akainzo

When have those banks being Islamic banks( We are talking of a system bro). You are missing the whole thing up here.

I'm amazed at your lack of reasoning, its a guidelines to operate Islamic Banks within the banking system of Nigeria, not that he is changing the banking system to an Islamic banking setup. Kai, your ignorance is nauseating.

Thanks for seeing that in bold. How the random attacked on Christians and non -Christians carried out in the North, You have forgotten that Islamic individuals in positions give out information about non muslims to be executed. Who are you trying to fool here?

You are talking like a kindergarten, grow up and stop believing in stories. Being a christian is very much different than banking details.

Shut up! We don't want Islamic Banking- Nigeria is a free society. You can't just bring it into the country without me agreeing to it. Nigeria doesn't belong to Muslims alone.

If you are smart enough, you'd know that Nigeria being a free society is a reason why Islamic banking should be incorporated for those Nigerians that desire it. And when has it been that all policies of government are debated by all. Did you get to approve Soludo's consolidation agenda. You think too much of your demented self. Grow up.

You are the ignorant one. Why hammering on the non-interest side of it when you know that it has other sectors? So, you are the one with the problem of not being able to express yourself well. You called in non-interest bank (Islamic Banking) .This prove your religion hypocrisy.

Your stupidity is nauseating. Islamic banking is based solely on non-interest credit facility either for deposits, investments or financing. like i said earlier, use your brain and read up before going on an emotional stupidly jaundiced ranting.

This is where you are wrong. Some foreign banks are operating it doesn't mean it is signed into law. It is just that some of the operations of these banks are in accordance with the USA system and to serve the Islamic part of the society they allowed it. For your information, I haven't seen where USA society is so religious to the extent of resorting to killing citizenry for petty issue. Northerners are religious. What do you say about Sharia? It was said it will serve the North well.

You are definitely on drugs! please read what you wrote there and then ask yourself if you do not deserve a slap.

After seeing all your simplistic responses  I decided not to answer you for the basic reason you are not seeing the problems. You can not see the problems because you are seeing things from a religious perspective.

My response to you was simplistic?   Your replies and thoughts are so very archaic that i can only perceive that you are thinking from your religious anus. Go get it examined.

Please dont even start to lecture us about "tolerance", how many "Christian" establishments are there in Saudi Arabi.This will be the beginning of an Islamic Caliphate in Nigeria which will lead to mass brainwashing of people to accept Sharia and its principles, 20 years ago there was no Sharia in Nigeria.

salamsm:

emmatok, who collects taxes from gambling, alcohol, Indecency and prostitution? Give me examples and evidence rather than speaking out rashly.

Fool, so all your Sharia Governors don't collect allocations made from Breweries, Tobacco companies and hotels.

YEYE people.

What is Islamic about Islamic banking. Do you have to wash your legs five times a day or visit Mecca? The fact is that the only reason why Muslims and Sanusi are insisting on the name Islamic is just to massage their ego. There is nothing Islamic about lending money to people on a non-interest basis, we all do that for friends and family. Even some non-religious humanitarian organisations have such schemes.

Am sure that is why some smart people don't care about the nomenclature. Muslims can keep deceiving themselves that non-interest banking is their idea, while we will own, run, and make money from the so called Islamic banks. After all, for a smart businessman, it is the bottom-line that matters not the nomenclature. Besides there will still be room for non interest banks that will not follow Islamic ways.

<Quote>
Islamic banking is a product of banking system such as commercial or micro finance.
</quote>

It came out of Quran.

Why wont they "okay" it? Useless bunch of F.A.G.G.O.T.S!

With all our economic problems, islamic banking is the pressing issue our reps and banking policy officials need to tackle?

Find Out!:


Sanusi invited the xtian leaders [/b]to a summit at Abuja to enlighten them on the issue, and allow them express their misgivings,so he culd explain thins,[b] they didnt show up. now people here are makin noise that questions were not asked at d house of reps. Well, i believe more sensitizatn campaigns will be made.

Enough of your silly insinuations . . . For your information . . .a look at your amiable Sanusi lying just to achieve his objective . .

Sanusi also said that he invited the Christian leadership to a conference where he could have explained the intricacies of Islamic banking, but you didn’t show up

Oritsejafor Reply

That is not true. It’s not true. Well, probably you didn’t hear him well. Or you didn’t get what he said well. The truth is (laughs) this issue of Islamic banking has been on for a long time. When did he try to contact me? He never did until last week Thursday. Last week Thursday, I had a national meeting of Christian leaders in Abuja. I was already in the meeting with my key leaders when somebody called me. Sanusi didn’t talk to me.

Somebody called me and said Sanusi is asking[b] if he could come[/b] to that meeting to explain to us what Islamic banking is?

And my reply was no. Are you getting what I am saying?

We were in a national meeting; we didn’t plan for Sanusi. We didn’t gather because of Sanusi. He got wind of the meeting and so he was trying to take advantage of it. So, we don’t know the reason he wanted to show up in that meeting. And the meeting had started already. So, for him to say he wanted to come and we rebuffed him is not correct. Let him tell the truth to the public. It’s not as if he planned the meeting. Or we agreed on a meeting and we didn’t show up.

In fact, after this meeting I am talking about, we had a press conference. There, a reporter asked me, ‘Sanusi has been telling people he consulted widely with stakeholders, did he consult with you.’  And I said, no. Sanusi never consulted with us. Sanusi was only trying to consult with us last Thursday. When this process had gone on for so long, you have changed your policy two, three times, you have done all these, now you are contacting us just last Thursday. We were already in a meeting, so we should have stopped that meeting, put aside whatever we had to discuss just so you can come. No we can’t do that. So, I sent back after consultation with my colleagues to him that it was not convenient right then. That was what I told him.

And ever since then, he hasn’t tried to reach out to or make contact with you?

Not at all.  So, I was shocked when I read what he was saying in Kano. In fact, to be honest with you, some of my colleagues said thank God we didn’t allow him come; because only God knows how he would have twisted whatever would have happened in the meeting. We were shocked when we saw in the newspapers that he tried to consult with us.

Are you disappointed?

Yes, I am highly disappointed in him that he would go to that extent. Is this a man that really wants to work with the people? I don’t think so. Now if you wanted to go to your Islamic conference to kind of get more support from them, make noise and say all kinds of things, you ought to have told them the whole story. You ought to have let them know that all this while, at least, in the last one year that you have been doing all what you have been doing, you never contacted us.

Let be honest, CBN and National Christian Centre are neighbours. We are opposite each other. This man never made any contact with us for the one year or so that he has been in this process. We are neighbours. His office is here, my office is there. Are you getting what I am saying; it was last Thursday, and because our offices are very close, he somehow knew that we had a meeting. We were already in the meeting when my phone rang. Do you understand what I am saying?

And it wasn’t Sanusi that called you?

No, it wasn’t even him that phoned. It was one of our Christian leaders who was supposed to be in that meeting but was late that called me to say Sanusi got in touch with him and he is saying whether[b] we can admit him[/b] into our meeting. So, I brought the matter to my fellow leaders because not too long after, this very gentleman came and joined us in the meeting. So, I threw it to them.
Look, I don’t want to start talking too much, but I am disappointed in Sanusi.

http://www.sunnewsonline.com/webpages/features/newsonthehour/2011/july/09/newsbreak-09-07-2011-001.html

Impressed by the submissions of the CBN boss, the Deputy Speaker, Emeka Ihedioha, who presided over the session expressed appreciation for the enlightenment provided by Sanusi on the two issues and declared that the motive for the invitation had been achieved.

Ihedioha said: “A number of us or all of us are satisfied with your presentation. We are better enlightened now on the issues.”

Anytime there is a "dirty deal" to be made, guess where 'they go'?

Reminds one of the Nzeribe and Chukwumerije era!

I guess until the "process and procedure" for RECALLING these irritant lawmakers is properly detailed and documented, we shall continue to have this kind of democracy devoid of representation! mtchew

Sanusi carry go jor,I dey your back. . .

when is it kicking off,i need to borrow some cash

kabukabu:

Please dont even start to lecture us about "tolerance", how many "Christian" establishments are there in Saudi Arabi.This will be the beginning of an Islamic Caliphate in Nigeria which will lead to mass brainwashing of people to accept Sharia and its principles, 20 years ago there was no Sharia in Nigeria.

And since we are talking about "tolerance", how many "Muslim" establishments are there in Israel??
Am sure you didn't get to the point where it was noted that Saudi Arabia is a Muslim/Islamic country while Nigeria is a secular country!

By the way, Nigeria is secular yet it subsidises the bills for pilgrimages to Israel and Saudi Arabia. Think about that.
You might also want to read up about constitution drafting in Nigeria and learn that Sharia has been in our constitution since 1979. Is that long enough for your 20 years mis-jive?

Akainzo:

And since we are talking about "tolerance", how many "Muslim" establishments are there in Israel??

14 mosques. Al aqsa mosque is in east Jerusalem.

Akainzo:

Am sure you didn't get to the point where it was noted that Saudi Arabia is a Muslim/Islamic country while Nigeria is a secular country!

that is the problem with islam . . . they want "their" own BUT they want your own too! Funny how Saudi Arabia is a muslim nation but everyone else MUST be secular so muslims can have a foothold.

Akainzo:

By the way, Nigeria is secular yet it subsidises the bills for pilgrimages to Israel and Saudi Arabia. Think about that.

Actually that is a sign of an unserious country. I dont know any other developed country that is involved in such.

Akainzo:

You might also want to read up about constitution drafting in Nigeria and learn that Sharia has been in our constitution since 1979. Is that long enough for your 20 years mis-jive?

Are we secular or under sharia law? make up your mind dude.

davidylan:

14 mosques. Al aqsa mosque is in east Jerusalem.

The Al-Aqsa mosque predate the establishment of the state of Israel. And right to it is contested by peoples of Palestine and Israel. So it is not there because Israel is tolerant
You should tell us the number of mosques in the occupied territories before Israel took over the place after WWII
And how many mosques are being built in those places that Israelis are grabbing daily

davidylan:

that is the problem with islam . . . they want "their" own BUT they want your own too! Funny how Saudi Arabia is a muslim nation but everyone else MUST be secular so muslims can have a foothold.

How? Please tell us how the country came into being. Its founder was a muslim and made a muslim country just like the vatican is a christian state
How can that be wnating your own. Which is YOUR OWN? Or are you saying that Nigeria is a christian state already?

How may muslim establishments are in the vatican?

Let us even look at the argument.
why are christians opposed to Islamic banking?
Do the conventional banks conform fully to christian principles?
If not, do christians want to do something about it?

davidylan:

14 mosques. Al aqsa mosque is in east Jerusalem.

Quite ingenious of you to list mosques in East Jerusalem that used to be in a part of another 'state' but is now an occupied territory. Very ingenious.

that is the problem with islam . . . they want "their" own BUT they want your own too! Funny how Saudi Arabia is a muslim nation but everyone else MUST be secular so muslims can have a foothold.

Probably the same problem with every minority group/sect/tribe that want their own. You can ask the Christians in Egypt if they do not want their own as well. And by the way, has Saudi Arabia being a muslim nation stopped Italy from being a christian nation? Nigeria chose to be secular just as UK and other secular nations.

Actually that is a sign of an unserious country. I dont know any other developed country that is involved in such.

At least we agree on something. Nigeria has no business with pilgrimages.

Are we secular or under sharia law? make up your mind dude.

My guy I only stated what the constitution of the nation says. It says we are secular but recognises the sharia system as part of the nation's heritage or jurisprudence. You should be directing that question to the CDC folks, especially OBJ, that put the sharia in the nations constitution.
All i am pointing out is that sharia has been in our constitution and thus part of this nation since the 1979 constitution, you might not like it or want it but it is still there.

emmatok:

Fool, so all your Sharia Governors don't collect allocations made from Breweries, Tobacco companies and hotels.

YEYE people.

The governors are politicians. We know that politicians are insincere. So you cannot just Islam by that
Unless you want us to conclude that christians are not satisfied with the Bible when governors of christian states go to Okija shrine?

all4naija:

It seems there are no hotels in the North. The allocation coming from oil belongs to infidels(hehehe). The hypocrisy of Muslims is appalling. Sorry I hate Islam just the way I hate Christianity - both religions are the greatest societal problems we have.

I hope you know that christians call non-believers infidels. Were the situation reversed, the christians would be getting allocation from people they too regard as infidels!

Edited . . .

Akainzo:

Quite ingenious of you to list mosques in East Jerusalem that used to be in a part of another 'state' but is now an occupied territory. Very ingenious.

1. you are disgusting and ignorant hypocrite.

2. the term is "disingenous" not "ingenous"

3. There is a mosque in haifa and two in akko. Those are certainly not in occupied territory and NOT part of another state.

4. East jerusalem has always been a part of Israel - captured illegally in 1947 by Jordan.

5. its interesting you say east jerusalem used to be part of another state - Jordan. So exactly HOW is it "occupied" territory since Jordan already renounced rights to it way back in 1988?

Akainzo:

Probably the same problem with every minority group/sect/tribe that want their own. You can ask the Christians in Egypt if they do not want their own as well.

this is confused. What are you saying? What are you responding to? The christian copts in egypt were there LONG before arab islam invaded Egypt. Should we remove their churches now to please allah?

Akainzo:

And by the way, has Saudi Arabia being a muslim nation stopped Italy from being a christian nation?

Yet Rome has one of the largest mosques in Europe . . . what was your point?

Akainzo:

Nigeria chose to be secular just as UK and other secular nations.

You cant have it both ways - Nigeria is "secular" and yet has sharia law in its constitution?

Akainzo:

My guy I only stated what the constitution of the nation says. It says we are secular but recognises the sharia system as part of the nation's heritage or jurisprudence. You should be directing that question to the CDC folks, especially OBJ, that put the sharia in the nations constitution.
All i am pointing out is that sharia has been in our constitution and thus part of this nation since the 1979 constitution, you might not like it or want it but it is still there.

Convoluted nonsense. secularity and sharia law are two sides of the coin.

My response to you was simplistic? Your replies and thoughts are so very archaic that i can only perceive that you are thinking from your religious anus. Go get it examined.

For your information am an athiest. So, for trying to push me hard, I say f-u-c-k you, f-u-c-k Mohamed and your religion!

Who is this muda fuker? Do you think I give a damn about your religion and your stupid Islamic Bank? F-u-c-k you!

Sanusi carry go jor,I dey your back. . .

when is it kicking off,i need to borrow some cash 

Whit all the borrowing you people are still the least develop. Go and educate your people first fool!

You keep disturbing the peace of the country with your Islamic shiit!

Don't preach religion to where I am! I hate religion!Fucking country!

islam is for dumbwits,

nothing good ever comes out of the muslim world

the worlds top 15 economies are countries where muslims are not allowed to run the affairs of the country, from china to india to japan to germany to russia to america to brazil and co, no islamic power,

islam is a morraforking backward ideology, primitive peeps,

^^^
How come Qatar and UAE go on top of your list when you use per capita GDP?
So why do we see many of your people on the streets of Dubai? Why are they going after bad?
What again did Emeagwali say is the meaning of Algorithm
Who introduced zero to the world? Do you remember?
And why are non-christian states threatening to take over from christian states which made a head start through crude exploitation of other people
Why did christians hold a meeting to share Africa and its resources among themselves
Looks like the goal of becoming largest economy outweighs the need to allow other to live in peace
Bakassi problem is traceable to christianity?
Who is a dumbwit?

davidylan:

East jerusalem has always been a part of Israel - captured illegally in 1947 by Jordan.

this is confused. What are you saying? What are you responding to? The christian copts in egypt were there LONG before arab islam invaded Egypt. Should we remove their churches now to please allah?

But the state of Israel came into being in 1947 and there were mosques in that country before the state was created. Should we remove them to please Christians?

I notice that your problem with Islam also extends to the way you write Allah and what you think will please Him. Note that muslims are required not to abuse religious figures of other faiths. knowledgeable muslims obey that injunction

This is what we get for letting mediocres into the national assemblies. Going through the sessions at the NA only shows you how lacking in depth the majority of the so-called senators and mps are-bunch of half educated dimwits with no grasp of any political ideology let alone issues as professional and intellectually challenging as analysing economic policies, banking and finances.
The slowpokes that head committees at both arms of the NA have no iota of any serious professional expertise on the subjects of their committees. Their knowledge of any of these professions whose committees they chair is at best at layman's level. They lack depth in their understanding of the subjects debated. And this is quite unfortunate, that is why "an average banker like Sanusi will be made a CBN governor on the basis of sentiments, exaggerated articulation of basic understanding of banking and finance.
Besides, the NA is peopled mostly by bigots who are moved more by premordial sentiments and parochial foresights, men and women with questionable backgrounds and below average intelligence.
Islamic banking in a country as corrosively heterogenuos as Nigeria? Have they thought of the implications of allowing it to function the way Sanusi is going about it-creating separate laws, rules and regulation different from the ones that regulates the conventional ones. I hope these reeeetarded MPs understands the constitutional stand on this before giving it a pass mark.fortunate, that is why "an average banker like Sanusi will be made a CBN governor on the basis of sentiments, exaggerated articulation of basic understanding of banking and finance.
Besides, the NA is peopled mostly by bigots who are moved more by premordial sentiments and parochial foresights, men and women with questionable backgrounds and below average intelligence.
Islamic banking in a country as corrosively heterogenuos as Nigeria? Have they thought of the implications of allowing it to function the way Sanusi is going about it-creating separate laws, rules and regulation different from the ones that regulates the conventional ones. I hope these reeeetarded MPs understands the constitutional stand on this before giving it a pass mark.

I need to know

why are christians opposed to Islamic banking?
Do the conventional banks conform fully to christian principles?
If not, do christians want to do something about it?

BetaThings:

I need to know

why are christians opposed to Islamic banking?
Do the conventional banks conform fully to christian principles?
If not, do christians want to do something about it?

I need to know

Why are Muslims bringing their Religion into Banking?


Is Islam the only religion in Nigeria?

Is Dangote, Dantata e.t.c, not benefiting from the conventional banking system?

Cry babies at it again, :-)
Go eat your heart out! ISLAMIC BANKING all the way!!!

This davidlyan argues like a real mumu with not intelligent form of facts. All in his head is Muslim and Islamic banking are all bad. What a big mumu

Most people against Islamic banking are just sentimental or ignorant. Sanusi  has categorically said times without number that: 
1. Islamic banking is a banking model and it will be run as a business without regard to religion.
2. It is a business model that has been practiced elsewhere. This model has been taking in it's entirety to be practiced in Nigeria. It's laws as practiced involves some aspect of sharia law hence the name Islamic banking.
3. Anybody regardless of religion can apply for a license. Therefore, a pastor can apply for a license to run an Islamic bank.
4. There will be no discrimination as to who get a loan. Don't be surprise when you go to the bank, you may deal with a lady in mini skirt. 
The advantage of Islamic banking is that it benefits developing economies like ours. Lets look at these scenarios:  mr A has a business proposal, idea etc. he goes to the conventional bank to source for a loan. What the bank will do is to give him the loan plus interest (compounded) without any concern about his business because he would have to deposit a collateral. With the Islamic banking model, the bank studies the proposal and goes into partnership with mr A based on a contractual agreement on profit and loss sharing. Actual money is not given to him but a manager is assigned to him to oversee the financial aspect of the partnership. If the business is profitable, both share the reward If not both share the loss. Note that this Model will create jobs in the financial sector due to employment of more managers. Also, the more partnership the bank goes into the more profit is made, the more people get employed. The multiplier effect is that the economy grows.

davidylan:

1. you are disgusting and ignorant hypocrite.

2. the term is "disingenous" not "ingenous"

3. There is a mosque in haifa and two in akko. Those are certainly not in occupied territory and NOT part of another state.

4. East jerusalem has always been a part of Israel - captured illegally in 1947 by Jordan.

5. its interesting you say east jerusalem used to be part of another state - Jordan. So exactly HOW is it "occupied" territory since Jordan already renounced rights to it way back in 1988?

Your stupidity is awesome! Since you've heard of disingenous all your life, it shows how others actually feel about your intelligence. FYI, since i do not know you, that was why i used ingenous to at least paint you in positive light but i guess a pig would always love filth.
I need not go into discussion with you about the state of Israel, its history and creation because obviously for someone like you that believes in half history is likely to believe that Mungo Park discovered River Niger and thus made the river available for the natives. Clownish reasoning believing that there were no owners of the land before the Israeli state was created.

this is confused. What are you saying? What are you responding to? The christian copts in egypt were there LONG before arab islam invaded Egypt. Should we remove their churches now to please allah?

Is this not the same way the mosques were there before the creation of Israel?
And what i was responding to, which you failed to grasp was your asking why muslims should ask for their own, thus i gave you examples of minority christians in Egypt also asking for their own. This shows that is in man's nature to ask for things that appeal to his beliefs. Do you comprehend?

Yet Rome has one of the largest mosques in Europe . . . what was your point?

It shows tolerance and that they listen to the large population of their citizenry that are muslims unlike you in Nigeria that views other expressions of another religion as an anathema.

You cant have it both ways - Nigeria is "secular" and yet has sharia law in its constitution?

Nigeria is circular and also has jurisprudence tilting towards christian religious order. We are circular yet our pledge mentions God. Secular only means not promoting one religion as a state practice which is why Saudi is a muslim country and Italy is a christian country as both promote their religion as an integral part of the state. Secular is not the same thing as atheist.

convoluted nonsense. secularity and sharia law are two sides of the coin.

Luckily, you'd know that both sides exists together is why it is called a coin  

emmatok:

I need to know

Why are Muslims bringing their Religion into Banking?

Is Islam the only religion in Nigeria?

Is Dangote, Dantata e.t.c, not benefiting from the conventional banking system?

Just because there exist such type of banking and some people would love to have its benefits. Tell me is banking as currently practiced a christian affair that you should see islamic banking as against the conventional banks or is it just that you are against anything islamic?

Is the Catholic Church the only church in Nigeria? If you can accept that though all are christians but still have strong differences to make them branch out to Anglican, Presbyterian, Deeper Life, Christ Embassy, Redeemed and others, why then do you want other religions not to have their own preferences.

By being tolerant to your younger brother does not mean you are tolerant to others in the same shoes. Please lets start to have tolerance for other things that are not in our comfort zones.