About Me

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I am as free as air,as free as a bird! My target is to leave you better than i met you,no matter who you are, no matter your class! I have got something everybody needs! I am Mr precious as water; to all & sundry!

Monday, July 18, 2011

Islamic Bank in Nigeria.......


Islamic Bank in Nigeria

Recently the irrepresible Governor of Central bank of Nigeria,Mr Sanusi Lamido Sanusi intimated Nigerians that the Central Bank of Nigeria will soon introduce the Islamic banking system.
Consequent upon that annoucement i have seen the action and listened to the reaction and counter reaction of some Nigerians.
Many Christians have criticized the CBN motives and wondered if its not a new scheme designed to islamize Nigeria.
Now, considering the notoriety of some misguided folks in Nigeria and around the world,in the name of Islam,
it is difficult to fault the genuine concern and even the mischievous rants of some biased commentators against the introduction of the islamic bank in Nigeria.
In a muslim world of Osama Bin Laden,suicide bombers, Boko haram and other kinds of terrorists,
Who are justifying murder and mayhem in the name of Allah,a genuine and a true muslim has an uphill task or an everest size mountain to climb in order to convince a doubting Thomas or even a fellow muslim about the genuiness of Islam! Is it not true that a muslim once said that
'I give thanks to Allah that i found islam before i found a muslim, because if i had found a muslim before i found islam, i wont accept Islam' This statement means that many muslims are acting contrary
to the tenets of Islam! So I feel that Nigerian muslims including this writer, should understand why the CBN Governor has been getting more knocks than kudos all over Nigeria,despite the novelty of the beautiful scheme.
It should be explained that the proposed bank is just islamic in name. It is also a place of work for christians and other non-muslims. A Christian and other non-muslims can also lend money from the bank.

What Is Islamic Banking System? It is a monetary or finance system founded upon the directives of Allah in the holy
Qur'an Chapter 2 verses 273-277 ( pls read all these verses in order to really understand the directives) Allah says
'Those who eat from collecting interests on money are doing it like the eating of the devil,because they said that
collecting interest is like trading'. Allah says further that whereas 'Allah forbids the collection interests and
makes lawful the establishment of trading' ventures,etc.

A Non-Interest banking:It is a non-interest banking system which lends money to trade without collecting
interest or collecting a collateral.

A profit & Loss partnership: This system is also based on a profit & loss business relationship,whereby the banks
who are lending the money collects the greater percentage of the profits,and give the business man/woman
his /her due because they took the bigger risks by investing money in your ideas/buisness.
The islamic banks will be populated by seasoned bankers/business men & women who will give expertise advice on whatever business or trade you need money for and also monitor the business. This is why the scheme has been 99.9percent
successful in Saudi Arabia,UAE,Pakistan,etc. In a few cases of loss,it is easier to cushion the effect of the loss.

Economic/social benefits: Since the money invested in your trade is interest free, you will not worry about any collateral.
Trading will get a big boost because businesses will come alive as cost of production,manpower,localisation get
a big boost. The masses theory of, mass employment,mass production will now take effect.
The era of loosing your collateral like houses,lands,cars,etc will now be all over at the Islamic bank in Nigeria.The
era of enslaving people with debts will be over.

Micro & Macro Finances: Sadaqat & Zakat in Islam. All these are dealt with by the sayings and actions of Prophet Muhammad(saw
that can be found in the hadith.It is an exemplary explanation of the verses of the Qur'an quoted above on trading.

Islamic money markets: According to the Central bank of Nigeria,the introduction of islamic bank in Nigeria,may create a new
islamic money markets and the islamic assets management.
* I will do more research to write more details about
the pros of the Islamic bank.#

* The blog will later be published into a full blown book as soon as possible!#

Thursday, March 24, 2011

Micheal Jackson: Like a king of Pop

Micheal Jackson
Like a king of pop
He wears it like a king regalia
Like a king of pop
He regales with pomp and grandeur
Like a king of pop
He dances with monarchial authority
Like a king of pop
He voices it like a king's triumphet
Like a king of pop
He spreads it like an African king's town crier
Like a king of pop
He rules the air waves with empirical majesty
Like a king of pop
He sheds many eyeful tears of joy
Like a king of pop
He radiates beauty at a beckon call
Like a king of pop
He sings so palacious
Like a king of pop
He enjoys a palatial lifestyle
Like a king of pop
He lives as a king of hearts
Like a king of pop
Of splendour,fame & riches
Like a king of pop
of honour,eminence & Majesty
Like a king of pop
of people,music and funtasy
Like a king of pop
Of life,death and glory
The king of Pop
He lives on
His music lives on

Tuesday, January 11, 2011

Facebook and a one billion dollar event.......

What is a one billion dollar idea? If I post the question to Mr Mark Zuckerberg,co-founder of Facebook and winner of Time Magazine Man of the year 2010,his answer might be Facebook.A social dating site which is now the most popular network for people from all walks of life all over the world.Since June,2010, there are more than 500,000,000 million people registered on face book.It is one place you want your face to be seen,your voice to be heard and your business to be advertised and known.If i may juxtapose the beautiful words of Mr Bill Gates,a long time richest man in the world,what he said about the internet,i would say 'Facebook is the gold rush of today;if your face is not there,you are not yet in business'. This is why almost all computer literate people are on facebook or will potentially be. The A-list Movie, music, sports,fashion and the entire entertainment arena are on Facebook.Engineers,scientists,diplomats,politicians,captains of Industry,top class adminstrators,documentarians,writers,authors,bloggers,students and other ordinary folks on the streets make facebook the tick-tock of the internet.

Introducing The Face of the People Awards: On a website that has millions of celebrity subscribers,several million celebrity wannabe and thousands of other users,a symbiotic experience has become a regular feature on facebook. So many celebrity wannabe like this writer and many ordinary folks are liking many A-list celebrities and the celebrities are also liking them back in return.Despite their very tight schedules,these celebrities still find time to stay in touch with their fans on facebook.

Some of them have now been chosen as the face of the people/ masses on facebook. Britney Spears,the enigmatic songstress and her beautiful music spears and Babatunde Raji Fashola,Governor, Lagos state,Nigeria are top on the list. They are followed by Venus williams,Serena Williams,Selena Gomez and Justin Bieberz.
The awards will be in three categories. 1,Face of the people Awards 2010 (male&female)
2,Face friend in common (male &female)
3,Face finest (male&female)
Ceremonies will hold in four very beautiful Nigerian cities. Lagos,Abuja, Calabar and Portharcourt.
Please support this novel idea. Sponsor this event,talk about this event,advertise this event and tell a friend about it.
Introduce a sponsor/Rewards- One lucky guy and two lucky girls/ladies will get an all expenses paid trip to the events in Nigeria if they could inroduce just a sponsor each.
The events will hold on Thursday 24th- Saturday,march 26,2011.
Proceeds- One tenth of the proceeds from the event will go into charity, to support a child with autism,cancer and other disabilities.
Our finances will be audited by a reputable Nigerian firm and a multinational auditing firm.
I am a member of Joint National Associations of person with disabilities (JONAPWD) Nigeria, member of Kiva,lend a loan, and i have brought thousands of people to Kiva; member of 1 Goal for education, member Stop Child Pornography and member,the club,Federation of International Football Associations(FIFA).

If you asked this writer,what is a one billion dollar idea, he might say Face of the people Awards.
Mr Mark Zuckerberg will be invited to the event.
Call Murtaza Micky Yusuf. + 2348023540547, +2348032652057.
e-mail mickyoxx@yahoo.com

mickylo@shvoong.com (search with mickylo)