Home / ECONOMY / TMC replies CAN on Sukuk Says: Policy will revitalise nation’s economy

TMC replies CAN on Sukuk Says: Policy will revitalise nation’s economy

Disturbed by the reaction of Christian Association of Nigeria, CAN on Sukuk bond, The Muslim Congress (TMC) has joined other interest groups to condemn opposition against the policy.

CAN had asserted that Sukuk issuance was unconstitutional and that the whole idea was an attempt to sell Nigeria through the back door.

Reacting to the development, the Amir of the group, Dr. Luqman AbdurRaheem  stated that “It is time that CAN, with its propaganda, lies and deceits, which have over the years become its trademarks be corrected in order that it does not succeed in its vigorous campaign to destabilise the nation.

“In retrospect, CAN’s opposition to the reformist regime of President Muhammadu Buhari, as against apparent support for the regime of President Goodluck Jonathan creates serious doubt as to whether the body is a political or religious organisation. In our opinion, it is a political group masquerading as an umbrella religious body. It could not have been a coincidence that the purported press release came out at a time when the nation is dousing the chaotic tension created by the Indigenous People of Biafra (IPOB). The elements behind this sensitive press release were calculative, tactical and diabolical seeking to provoke the Muslims into heating up the already heated polity!

“If CAN is genuinely peace-loving, its leadership should be praising the ingenuity of the bankers and financial experts that developed the Sukuk bond as a potent instrument for rejuvenating, redeveloping and revitalising the nation’s damaged economy. Unfortunately, the body went into its phobic and paranoid mood, naming the innovative exercise of funds mobilisation for infrastructural development as attempts to ‘Islamise’ Nigeria.

Is CAN a patriot or a spoiler?

“We are bold to say that, CAN’s activities in Nigeria is to force Islam and Muslims into extinction through its relentless media war on Islamic values and value-system, even where reality dictates that such values are global best practices. It lost court battles against Hijab in Osun and Lagos States. And now that the unproductive, divisive and self-imposed antics of the leadership of CAN is assuming a dangerous dimension with labeling anything which reflects Islam as inimical, it is high time the body is placed under security watch, if the nation is to enjoy relative peace from needless tensions borne out of ethno-religious and pathological hatred of Islam and Muslims. The body is always quick to link Boko Haram sect and Herdsmen to Islam and Muslims, while it closes its eyes to militancy of IPOB & Niger-Delta, immoralities, thefts, human trafficking and money laundry and other crimes perpetrated by its members including precipitating collapse of corporate organisations to buy jets for the “Men of God”?

CAN’s false campaigns and propaganda against Islam and Muslims has historically engendered hate, calumny, and has led to communities going at daggers drawn against one another.  Any studious observer of events in the North-Central of Nigeria would readily see a direct correlation between CAN inflammatory remarks and the rise in ethno-religious conflicts in the region.

In recent time, the Nigerian Christian Elders Forum (NCEF), an offshoot of CAN was in the papers recycling the same false claims of Islamisation of the country. It is rather a sad commentary on the image of the nation that such a gathering of supposedly elderly men would make statements devoid of wisdom and rationality. It is astonishing to us that in today’s world where information is practically at the finger-tips of all, CAN still feigns ignorance of the global accolade and reach of Islamic finance. European countries with a combination of Christian and secularist values such as Germany, the UK and also Australia, have Islamic finance flourishing and growing from strength to strength due to its inherent advantage over conventional financial practices. Erstwhile British Prime Minister, David Cameron was so ambitious about Islamic financial solutions that he initiated a process to make the UK the largest hub for Islamic banking and finance outside the Middle East.

“Our belief is that CAN is not ignorant of the glittering developments of Islamic Finance as one may think. Rather, acknowledgement of the relevance of Islamic Finance products in Nigeria will neutralise permanently its anti-Islam campaign and agenda from which it may never recover; hence its rascal antagonism of Islam and Muslims just to remain relevant.

 

 

 

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