Jaafar Faisal

Alhamdullillah

[Jaafar Faisal @Husnyjaf]

@USinNigeria Where I stay, we shared is not far from were the massacred happend. It's very unfortunate. Do we really have a government in Nigeria?

[BinJaafar @jaafar_fahad]

Bandits massacred over 160 in neighboring Woro community. Wawa is bordering & unsafe,lives at risk,Wawa Youths Action Front (WYAF) demands immediate security intervention. @officialABAT @HQNigerianArmy @PoliceNG @OfficialDSSNG @AmnestyNigeria @hrw @SERAPNigeria #SaveWawa

[Jaafar Faisal @Husnyjaf]

Wishing a very Happy Birthday to an inspiring young humanitarian, sharp banker, eligible bachelor, and vibrant youth! 🌟 Your passion lights up the world—here’s to another year of greatness! @AmeerLookman

[Jaafar Faisal @Husnyjaf]

Looking forward in meeting U someday Insha Allah.

[Jaafar Faisal @Husnyjaf]

Wishing a very Happy Birthday to an inspiring young humanitarian, sharp banker, eligible bachelor, and vibrant youth! 🌟 Your passion lights up the world—here’s to another year of greatness! @AmeerLookman

[Jaafar Faisal @Husnyjaf]

@Morris_Monye Good morning @Morris_Monye ,I leave in Borgu local government area of Niger state. I have made lots of research and findings about @PeterObi and his leadership style.i have been impressed on his plans for our crippled nation. I would love be in his team so that I can promote him.

[Jaafar Faisal @Husnyjaf]

@0xBenscrypto @ikadotxyz @GiveRep Gm gm sir 🙌
@GiveRep — $REP
@steammfi
@PawtatoFinance
@FlowX_finance
@doubleup_app

[Jaafar Faisal @Husnyjaf]

@ARABIANVID @doubleup_app @FlowX_finance @PawtatoFinance Gm gm sir 🙌
@GiveRep — $REP
@steammfi
@PawtatoFinance
@FlowX_finance
@doubleup_app

[Jaafar Faisal @Husnyjaf]

@Rudraa125 @PawtatoFinance @GiveRep Gm gm sir 🙌
@GiveRep — $REP
@steammfi
@PawtatoFinance
@FlowX_finance
@doubleup_app

Whose is bullish on this ?

[Jaafar Faisal @Husnyjaf]

@saksidasaksi @PawtatoFinance @GiveRep Gm gm sir 🙌
@GiveRep — $REP
@steammfi
@PawtatoFinance
@FlowX_finance
@doubleup_app am bullish am this

[Jaafar Faisal @Husnyjaf]

@KinaWEB3 @Vindicatedchidi @GiveRep @doubleup_app @FlowX_finance @ikadotxyz @PawtatoFinance Gm gm sir 🙌
@GiveRep — $REP
@steammfi
@PawtatoFinance
@FlowX_finance
@doubleup_app

[Jaafar Faisal @Husnyjaf]

@steammfi

STEAMM
Earn points and boosted yields with STEAMM. Sui’s Superfluid AMM.

[Jaafar Faisal @Husnyjaf]

@PawtatoFinance
🚀 Pawtato is now live on @GiveRep!

Support your favorite projects and earn recognition by engaging with them on X 🐦

⭐️ Check it out: https://t.co/D9FZGPxxx1

[Jaafar Faisal @Husnyjaf]

@FlowX_finance One-Stop Service for Defi on @SuiNetwork DEX Aggregator / Liquidity Hub AMM + CLMM / Launchpad / Farming as a Service.

[Jaafar Faisal @Husnyjaf]

@doubleup_app do u understand?

[Jaafar Faisal @husny00]

If u are good you are good. Happy birthday boss. I hope my birthday wishes are not coming late. I wish u Allahs rahma and Noor always sir. @__yellows

[Jaafar Faisal @Husnyjaf]

@0xdamx @feyi_bosslady

[Jaafar Faisal @Husnyjaf]

@AmeerLookman Masha Allah Dr. Ramadan Mubarak

[(Dr.) Ameer Lukman Haruna @AmeerLookman]

We were hosted this evening by Fraser Suites management, and Mr. Gonçalo Ramos, for an Iftar Buffet.

Grateful for the hospitality.
Jummu'at and Ramadan Mubarak.

[(Dr.) Ameer Lukman Haruna @AmeerLookman]

Al Kharaj bid Daman (Revenue Goes with Liability) & Al Ghunm bil Ghurm (Gains Come with Risks)

Let’s look at these two fundamental Islamic finance principles, which emphasize that financial gains must be accompanied by risk and responsibility. They prevent unjust enrichment and ensure fairness in transactions by linking profit with liability and risk-taking.

Al Kharaj bid Daman: This principle states that one can only earn revenue from an asset if they also bear the associated risks and liabilities.

Al Ghunm bil Ghurm: This principle ensures that profits are justified only when one is willing to bear potential losses. If a party wants to share in the gains of an investment, they must also be responsible for the risks.

1. No Positive Returns Should Accompany Conditions of Zero Risk

In Islamic finance, earning a return without assuming any risk contradicts the principles of fairness and risk-sharing. A guaranteed return without exposure to loss is considered unjust (Riba).

Imagine an investor deposits money into an investment fund and demands a guaranteed return of 10% regardless of the fund’s performance. This would violate Al Ghunm bil Ghurm because the investor wants profits without assuming any risk of loss. Instead, Islamic finance requires investments to be structured on Mudarabah (profit-sharing) or Musharakah (partnership), where returns depend on actual profits or losses.

2. No Repricing of Sale Contracts in Murabahah

In a Murabahah (cost-plus financing) contract, the price of the asset is agreed upon at the time of sale and cannot be increased later due to delayed payments or market fluctuations. This prevents any resemblance to interest-based financing (riba), ensuring fairness and certainty in the transaction.

Example
A customer buys a car through Murabahah financing from an Islamic bank for ₦20,000,000, payable over two years. If the customer delays payment, the bank cannot increase the price to ₦22,000,000 as a penalty. This is because the price was fixed at the time of the contract (Al Kharaj bid Daman applies here—the bank assumes the risk of payment delays but cannot charge extra beyond the agreed terms).
Penalty Exception:
While some Islamic banks impose late payment penalties to encourage timely payments. However, any penalty collected must be donated to charity rather than profiting the bank, ensuring that penalties serve as a deterrent rather than a financial gain.