[quote
Ijogz K (m)
Nigeria
Posts: 1112
hing like tOffline

Re: My Son Is Insane - (Boko Haram Spokesman) Ali Konga's Father
« #12 on: Yesterday at 12:29:29 PM »
See as the so called Holy Muslims lying to save their kids, smh
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Have killed B4 and i will Kill again!!!
[quote][/quote]

what brought about religion?? RESPECT YOUR SELF!

tlops:

Good Idea, the FG should charge the Emirs with the responsibilities of fishing them out or get fired. I believe the help of security services they could reduce their activities,

mumu, never introduce GOd !!! bastard!! insult north or south but never try God!

Abu-Maryam:

This boko haram menace is the way toward splitting i wish it occur peacefully, Janathan is going to be the last president of Nigeria. I wish my thinking

is not correct.

Its not boko haram, its the government. boko haram will only bomb a school or ministry of education but not police headquarter or Suleja!

Nigeria! this sambo jonathan of a leading is killing the goose that lays the golding egg, we are after boko haram not El-rufai. El- rufai is doing nothing to the government, he is only saying the truth, the sambos and the jonathans u are only trying to protect themselves not the nation!!! boko haram causing distraction to the nation, hurting the youth, blackmailing and killing everyone, scaring everyone not even the students, even the workers! our children's need universal basic education![b][/b]

odumchi:

I rebuke this in the mighty name of Jesus.


The Islamic Bank is a bad idea that will only create more division in Nigeria. There is no reason whatsoever to introduce a bank that revolves around religious principles. People dont need to be reminded that they are Christian while you are Muslim. Nigeria is far too young for this type of bank. Nigeria is still a new nation only 50 years old while England is over 1000 years old. The two nations shouldnt be compared because the level of human and social development in the two nation is not equal. Imaging creating a Roman Catholic Bank in England back in 1500 when Catholics and ANglicans were adversaries. People should think for once.

[color=#006600] HOW ISLAMIC BANK WORKS
1)  You place money in a bank and the bank guarantees to return the money to you.
2)  You are allowed to withdraw the money anytime.
3)  Bank may charge you a fee for looking after your money and may pay hibah (gift) to you if it deems fit.
4)  This concept is normally used in deposit-taking activities, custodial services and safe deposit boxes.

Mudharabah (Profit sharing)
Mudharabah is a profit sharing arrangement between two parties, that is, an investor and the entrepreneur.  The investor
will supply the entrepreneur with funds for his business venture  and gets a return on the funds he puts into the business
based on a profit sharing ratio that has been agreed earlier. The principle of Mudharabah can be applied to Islamic banking
operations in 2 ways: between a bank (as the entrepreneur) and the capital provider, and between a bank (as capital
provider) and the entrepreneur. Losses suffered shall be borne by the capital provider.

1) You supply funds to the bank after agreeing on the terms of the Mudharabah arrangement.
2) Bank invests funds in assets or in projects.
3)  Business may make profit or incur loss.
4)  Profit is shared between you and your bank based on a preagreed ratio.
5) Any loss will be borne by you.This will reduce the value of  the assets/ investments and hence, the amount of funds you have supplied to the bank.

[b]Bai’ Bithaman Ajil – BBA (Deferred payment sale)[/b]
This refers to the sale of goods where the buyer pays the seller after the sale together with an agreed profit margin, either in one lump sum or by instalment
1) You pick an asset you would like to buy.
2) You then ask the bank for BBA and promise to buy the asset from the bank through a resale at a mark-up price.
3) Bank buys the asset from the owner on cash basis.
4) Ownership of the goods passes to the bank.
5) Bank sells the goods, passes ownership to you at the mark-up price.
6) You pay the bank the mark-up price in instalments over a period of time.

Murabahah (Cost plus)
As in BBA, a Murabahah transaction involves the sale of goods at a price which  includes a profit margin agreed by both parties. However, in Murabahah, the seller  must let the buyer know the actual cost for the asset and the profit margin at the time of the sale agreement.
Musyarakah (Joint venture) In the context of business and trade, Musyarakah refers to a partnership or a joint
business venture to make profit. Profits made will be shared by the partners based on an agreed ratio which may not be in the same proportion as the amount of investment  made by the partners. However, losses incurred will be shared based on the ratio of funds invested by each partner.
Ijarah Thumma Bai’ (Hire purchase)  Ijarah Thumma Bai’ is normally used in financing consumer goods especially motor
vehicles.There are two separate contracts involved: Ijarah contract (leasing/renting) and  Bai’ contract (purchase).
HOW IT WORKS
1)  You pick a car you would like to have.
2)  You ask the bank for Ijarah of the car, pay the deposit for the car and promise to lease the car from the bank after the bank has bought the car.
3)  Bank pays the seller for the car.
4) Seller passes ownership of the car to the bank.
5) Bank leases the car to you.
6)  You pay Ijarah rentals over a period.
7)  At end of the leasing period, the bank sells the car to you at the agreed sale price.

Wakalah (Agency)
This is a contract whereby a person (principal) asks another party to act on his behalf  (as his agent) for a specific task.The person who takes on the task is an agent who will be paid a fee for his services.

Example
A customer asks a bank to pay someone under certain terms.The bank is therefore the agent for carrying out the financial transaction and the bank
will be paid a fee for its services.Qard (Interest-free loan)  Under this arrangement, a loan is given for a fixed period on a goodwill basis and the borrower is only required to repay the amount borrowed. However, the borrower may, if he so wishes, pay an extra amount (without promising it) as a way to thank the lender.

Example
A lender who lent RM5,000 to a borrower on Qard will expect the borrower to return exactly RM5,000 to him at a later date.

Hibah (Gift)
This refers to a payment made willingly in return for a benefit received.
Example
In savings operated under Wadiah, banks will normally pay their Wadiah depositors hibah although the accountholders only intend to put their savings in the banks for safekeeping, THIS IS HOW IT WORKS [/color]

some relationships are abusive but not all, i'll give it 50%-50%,
You know birds of the same feather flock together!