GCB Bank set to introduce non-interest banking window

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Truth Table 1 month ago

If you declare with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved. (Romans 10:9) ...
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If you declare with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved. (Romans 10:9) ...
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Teddy Arthur 1 month ago

Is for a segment of the population, very interesting.

Is for a segment of the population, very interesting.
OGyam 1 month ago

@Teddy, no, it is called pandering to muslims who always want things done in the nonsensical Arab Cultural Vanity that brought absolutely nothing in terms of infrstuctural improvement into our lives in Africa for centuries. ...
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@Teddy, no, it is called pandering to muslims who always want things done in the nonsensical Arab Cultural Vanity that brought absolutely nothing in terms of infrstuctural improvement into our lives in Africa for centuries. The govt of Ghana is simply too scared to call it by its real name which is: Islamic Banking or Sharia Compliant Banking.. That is what appeasement means under a spineless govt.
Yakubu Abdul-Karim 1 month ago

No qualms, trust the process you may enjoy it yourself. "A loan without interest, this one too be any problem?

No qualms, trust the process you may enjoy it yourself. "A loan without interest, this one too be any problem?
SHARIA COMPLIANT BANKING??? Eiiiiiii, WHEN DID GHANA BEGIN COMPLYING WITH SHARIA LAW?????!!!!!!!!!!!!! 1 month ago

A LOAN WITHOUT INTEREST CAN ONLY BE PROVIDED BY THE GOVERNMENT OR A NON-PROFIT ORGANIZATION. THEY WILL ABSORB THE COST OF INFLATION AND PAY THE ACTUAL ACCRUED INTEREST THEMSELVES INSTEAD OF MAKING YOU PAY IT.
INTERESTS ARE ...
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A LOAN WITHOUT INTEREST CAN ONLY BE PROVIDED BY THE GOVERNMENT OR A NON-PROFIT ORGANIZATION. THEY WILL ABSORB THE COST OF INFLATION AND PAY THE ACTUAL ACCRUED INTEREST THEMSELVES INSTEAD OF MAKING YOU PAY IT.
INTERESTS ARE ESSENTIAL PART OF THE BANKING SECTOR. THEY USE INTEREST TO PAY THEIR WORKERS, SERVICE THEIR ASSETS, EXPAND THEIR SERVICES, PAY GOVERNMENT TAXES. ETC .

ONLY AN IGNORANT PERSON WILL WANT A LOAN WITHOUT INTEREST FROM NORMAL PRIVATE BANKS. T

IN THIS NEWS, THE GOVERNMENT IS HELPING MUSLIMS TO OPEN AN "INTEREST-FREE" BANK. AND THE COST OF THIS BANK AND EVERY COST THEY WILL INCUR WILL BE BORNE BY ARAB GOVERNMENTS IN THE MIDDLE EAST AND NOT BY THE BANK OF GHANA. THATS ALL THIS IS ABOUT !!!

IF THE GOVERNMENT OF GHANA DECIDES TO FOOT THE INTERESTS ACCRUED FOR THE MUSLIMS WHO WOULD BORROW MONIES FROM THIS ISLAMIC BANK, IT WILL BE UNJUST TO THE REST OF GHANAIANS WHO ARE OAYING INTERESTS. SO THE GOVERNMENT OF GHANA MIST STAY AWAY FROM THIS. LET THE MUSLIM FIND THEIR OWN ARABIC SPONSORS TO ABSORB THEIR LOAN DEBTS!
OGyam 1 month ago

Yes, I expect the idiotic Africans who have swallowed every crap that the Arab imposters imposed on their ancestors centuries ago to get mad. The point is: have any if you fools actually read the "small prints" in those so-ca ...
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Yes, I expect the idiotic Africans who have swallowed every crap that the Arab imposters imposed on their ancestors centuries ago to get mad. The point is: have any if you fools actually read the "small prints" in those so-called interest free muslim crap? The answer is , no! but you have been conditioned from infancy not to criticise anything about Islam.
The fact that Mohammed raped Aisha at 9. Killed people that criticised him, raided their caravans as an armed robber during his life time, bought and sold black slaves etc are some of the things you idiots have been indoctrinated to accept without qjestioning. His fake Allah and bogus paradise does not exist and you will not find out when you die.
OGyam 1 month ago

@Yakubu,being an Arabised or Islam induced African , I do not expect you come out with anything sensisible. The small print in any of these nonsensical "Islam Crap" which you have never read or will ever read ,boils down to ...
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@Yakubu,being an Arabised or Islam induced African , I do not expect you come out with anything sensisible. The small print in any of these nonsensical "Islam Crap" which you have never read or will ever read ,boils down to the same thing. They come with interest but disguised in way just to please muslims. A fact , which needs no apology. Get that into your Arabised African head.
2Heavy 1 month ago

You are such a bigot and Islamophobe. When did any government made it compulsory for the public to take a loan in the first place? Did the story say only Muslims can access the facility? The target is for people with "ethical ...
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You are such a bigot and Islamophobe. When did any government made it compulsory for the public to take a loan in the first place? Did the story say only Muslims can access the facility? The target is for people with "ethical and risk-sharing" consideration and not for idiots like you who have built nothing except inciting one religion against the other. It tells how unintelligent you are not to have known that the same algorithm that has made it possible for you to spew this nonsense was invented by a Muslim. Read more about Muslim inventors and philosophers to uncover your depth of ignorance.
SHARIA COMPLIANT BANKING??? Eiiiiiii, WHEN DID GHANA BEGIN COMPLYING WITH SHARIA LAW?????!!!!!!!!!!!!! 1 month ago

HAHAHAAA, THIS IS WHY BAWUMIA WILL NEVER BE VOTED INTO OFFICE BY GHANAIANS. WE DO NOT WANT ANY SHARIA LAWS IN GHANA. BUKO HARAM IS IMPLEMENTING FULL SHARIA LAW IN NORTHERN NIGERIA AND THAT IS INDEED BARBARIC!

HAHAHAAA, THIS IS WHY BAWUMIA WILL NEVER BE VOTED INTO OFFICE BY GHANAIANS. WE DO NOT WANT ANY SHARIA LAWS IN GHANA. BUKO HARAM IS IMPLEMENTING FULL SHARIA LAW IN NORTHERN NIGERIA AND THAT IS INDEED BARBARIC!
Boti 1 month ago

Can Secular people and Christians also borrow at no interest?

Can Secular people and Christians also borrow at no interest?

OGyam 1 month ago

@Massa Boti,, the funny thing is: it actually comes with interest, but it is disguised in a certain way to please muslims. So, they will tell you all the crap that , they do not invest in Tobacco or Alcohol companies etc. T ...
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@Massa Boti,, the funny thing is: it actually comes with interest, but it is disguised in a certain way to please muslims. So, they will tell you all the crap that , they do not invest in Tobacco or Alcohol companies etc. The funny thing is: all the oil producing Arab countries insisting on their idiotic Sharia banking...disguised in Ghana as interest free banking invest their soveriegn funds in Western Supermarkets such as Sainsbury, Tesco, Aldi, Carrefour etc and they all sell tobacco and alcohol to make profit which goes to the same hypocritical muslims who call alcohol haram and all the crap that comes with it. Trust me, it is not interest free. Get a copy and read the very, very tiny print at the bottom of pamphlet. You will see pepper in its sting.
The Ghanaian Telegraph Online Newspaper 1 month ago

When The Jamaican Cultural Legend Bob Marley/Asserted The Truth That When It Rains /The Rains Falls On Everybody House& Not Only On One Mans's House& Encouraging His Fans To Remember That Because /There Is The Human Condition ...
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When The Jamaican Cultural Legend Bob Marley/Asserted The Truth That When It Rains /The Rains Falls On Everybody House& Not Only On One Mans's House& Encouraging His Fans To Remember That Because /There Is The Human Condition For People To Compare Hows They Are Faring In Life To Others/A Lasting Residue To Early Human Experience Of The Survival Of The Fittest Philosophy
Ina 1 month ago

Yes. It will be open to all. The money is used for trading and profits are shared. Positive and negative. Nothing is hidden. Also, they can buy a car,add profit and sell to you. You pay a known amount over a period not like c ...
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Yes. It will be open to all. The money is used for trading and profits are shared. Positive and negative. Nothing is hidden. Also, they can buy a car,add profit and sell to you. You pay a known amount over a period not like conventional banks that charge compound interest.
kelewele 1 month ago

No banker in this world gives money without interest!

No banker in this world gives money without interest!
DEEVINITY 1 month ago

There's no free lunch anywhere.

There's no free lunch anywhere.
The Ghanaian Telegraph Online Newspaper 1 month ago

The Ntawatawa(For Consideration Into Dictionary) Being Caused By The Arrival Of Sukuk/Non Interest/Islamic Banking In Ghana Is Valid

The Ntawatawa(For Consideration Into Dictionary) Being Caused By The Arrival Of Sukuk/Non Interest/Islamic Banking In Ghana Is Valid
The Ghanaian Telegraph Online Newspaper 1 month ago

A Healthy Majority Of The Ghanaian People Being The Akan Stock Of People/Where A Commentator Comes From/ Recalled His People's Encounter(EWC Variant) With Early Islamist A Confrontation That Led To The Migration Of His People ...
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A Healthy Majority Of The Ghanaian People Being The Akan Stock Of People/Where A Commentator Comes From/ Recalled His People's Encounter(EWC Variant) With Early Islamist A Confrontation That Led To The Migration Of His People/Trive/Nation From
The Ghanaian Telegraph Online Newspaper 1 month ago

The Ancient Empire Of Mali To Their Present Location /&In The Words Of The Commentator Their(Akan Nation/Trive/Native) Unwillingness To Fight The Islamist Is What Led To The Migration/Again As People Already Know UG Institute ...
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The Ancient Empire Of Mali To Their Present Location /&In The Words Of The Commentator Their(Akan Nation/Trive/Native) Unwillingness To Fight The Islamist Is What Led To The Migration/Again As People Already Know UG Institute Of African Studys Is Yet To Reply/To Our Request/ So We'll Resort To The Circumstantial
The Ghanaian Telegraph Online Newspaper 1 month ago

Coming From Such An Experience /Which Is The Encounter With The Oneway Kind Of Islam That Will Find It's Way All The Way From The Middle East Where It All Started To The West Africa Coast/Gulf(Xoxo) Of Guinea Is Unsettling/ O ...
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Coming From Such An Experience /Which Is The Encounter With The Oneway Kind Of Islam That Will Find It's Way All The Way From The Middle East Where It All Started To The West Africa Coast/Gulf(Xoxo) Of Guinea Is Unsettling/ One Will Have Opted For The Ottoman's/Constantinople Variant Of Islam Which Is More Progressive/Inclusive
TheGhTelegraph 1 month ago

Long Story Short/Sukuk/Non Interest/ Islamic Banking Will Enable/Empower(EWC Variant) Customers To Operate Accounts Complete With The Ability To Deposit/Invest& Request For A Facility

Long Story Short/Sukuk/Non Interest/ Islamic Banking Will Enable/Empower(EWC Variant) Customers To Operate Accounts Complete With The Ability To Deposit/Invest& Request For A Facility

TheGhTelegraph 1 month ago

Off Course/Almost All The Financial Instruments(Shares/Bonds)Will Be Made Available For Customers To Invest Into/The Difference Being The Halal Compliant Component Of Sukuk

Off Course/Almost All The Financial Instruments(Shares/Bonds)Will Be Made Available For Customers To Invest Into/The Difference Being The Halal Compliant Component Of Sukuk
TheGhTelegraph 1 month ago

And If A Customer Request For A Facility Either A Credit/Loan To Conduct A Business Activity/ The Loan Officer/s Will Subject The Request To Halal Compliant

And If A Customer Request For A Facility Either A Credit/Loan To Conduct A Business Activity/ The Loan Officer/s Will Subject The Request To Halal Compliant
TheGhTelegraph 1 month ago

Since(Restore Savings& Loans) The Ghanaian Economy Is Described As Being Import Driven/ It Is Anticipated That Most Of The Business To Be Conducted In The Sukuk Environment Will Be The Importation Of Widget X Or Y/ For An Exa ...
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Since(Restore Savings& Loans) The Ghanaian Economy Is Described As Being Import Driven/ It Is Anticipated That Most Of The Business To Be Conducted In The Sukuk Environment Will Be The Importation Of Widget X Or Y/ For An Example If A Customer Puts In An Application For A Facility To Import Widget X/ The Officers In Charge Of Putting The Facility Together For The Customer Will First Access If The Widget Is Halal/ Or Not
TheGhTelegraph 1 month ago

The Next Stage/Will Be To Determine If The Widget Was Produced Under Halal Conditions/ As A Practical Examples/ Ghana In The Year 2020 Imported Some Three Hundred Thousand Metric Tonnes Of Frozen Chicken& If A Customer Of Suk ...
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The Next Stage/Will Be To Determine If The Widget Was Produced Under Halal Conditions/ As A Practical Examples/ Ghana In The Year 2020 Imported Some Three Hundred Thousand Metric Tonnes Of Frozen Chicken& If A Customer Of Sukuk/Non Interest/ Islamic Bank Wanted A Facility To Also Bring In Frozen Chicken/ The Bank Will Consider Whether The Manufacture/Supplier Of The Frozen Chicken Complied With Sharia

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GCB Bank set to introduce non-interest banking window

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