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The almajiri system in Nigeria is highly controversial. The system has been attacked for promoting youth poverty and delinquency, for failing to teach young boys vocational skills and thus making them unequipped for the workforce, and for radicalizing boys and making them perfect recruits for gangs and Boko Haram.
In addition to the defence of the use of bank interest as Islamically permissible and not the cause of harm to economic prosperity, the poor, or society in general, the non-orthodox (primarily M.O. Farooq, and M.A. Khan) argue that several issues—the time value of money, dealing with inflation, early or delinquent loan payment—make a ban on ...
After his education, he moved to Kano, Nigeria in about 1945, where he became known for his controversial preachings on the Qur'an. Maitatsine spoke against the use of radios, watches, bicycles, cars and the possession of more money than necessary. [6] [7]
Merchandise sales: If you have a significant following, selling branded merchandise can be a great way to make extra money. Other YouTube sources: YouTube offers other monetization methods, such ...
To assist in this understanding, let's first see how regular mortgages work in the United States: Once a buyer wishes to purchase a home, she approaches the lender and requests a loan. The lender in turn, if buyer qualifies, will lend money to buy the house, and the bank will usually set a fixed percentage of interest to be paid to the lender.
A Boko Haram insurgency has killed thousands of people and displaced millions since it began in 2009, creating a humanitarian crisis in northeastern Nigeria and putting pressure on the government ...
Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).
The Catholic organisation, which has several projects in Nigeria, deplored the wave of violence, saying: "The increase in kidnappings, murders and general violence against civilians, including members of the Catholic clergy in many parts of Nigeria, is a scourge that is yet to be properly addressed by the local authorities". [89]