"It is crazy idea coming from the Caliphate. Sanusi is on a suicide mission in the Nigeria finaical sector and I hope our leaders shall be wise enough to read between the lines."
iwee joseph's Discussions
PART 2 ON ISLAMIC BANKING
Started this discussion. Last reply by Charles Ugochukwu Okere Jul 29, 2011. 4 Replies 0 Likes
Islamic Banking Principles The Shari’ah prohibits the payment of charges for the renting of money (riba, which in the definition of Islamic scholars covers any excess in financial dealings, usury or…Continue
THIS IS WHERE CBN CASH WITHDRAWER LIMIT CAME FROM
Started this discussion. Last reply by Charles Ugochukwu Okere Jul 29, 2011. 1 Reply 0 Likes
What is Islamic Banking? Islamic banking refers to a system of banking or banking activity that is consistent with the principles of the Shari'ah (Islamic rulings) and its practical application…Continue
WHAT WE NEED TO ABOUT ISLAMIC BANKING
Started this discussion. Last reply by Charles Ugochukwu Okere Jul 29, 2011. 1 Reply 0 Likes
An early market economy and an early form of mercantilism were developed between the 8th-12 th centuries, which some refer to as "Islamic capitalism". [ 3 ] The monetary economy of the period was…Continue
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iwee joseph replied to iwee joseph's discussion PART 2 ON ISLAMIC BANKING
"My is to let people know what sanusi and sultan are proposing."
Charles Ugochukwu Okere replied to iwee joseph's discussion PART 2 ON ISLAMIC BANKING
"So far the country has existed without his bank. There is therefore no need over flogging the issue. It is an instrument that will further broaden the divide between the two main religions and also the north and the south."
Charles Ugochukwu Okere replied to iwee joseph's discussion THIS IS WHERE CBN CASH WITHDRAWER LIMIT CAME FROM
"Cash withdrawal limit as proposed by CBN is not bad after all. It is one proposal which if implemented will reduce the high volume of cash transactions in the economy. The advantage is that most of the transactions will be done with…"
Charles Ugochukwu Okere replied to iwee joseph's discussion WHAT WE NEED TO ABOUT ISLAMIC BANKING
"Islamic banking ordinary should pose like anyother banking that we are used to. The problem with it is the religious conotation it carries espcially in a country that is multi-religious. Secondly the timely is wrong. Sanusi should…"
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