ISLAMIC COOPERATIVE SOCIETY (ICS): AN ALTERNATIVE WELFARE SCHEME FOR MUSLIM CIVIL SERVANTS IN NASARAWA STATE, NIGERIA
| dc.contributor.author | Liman, Sa'adatu Hassan | |
| dc.contributor.author | Adamu, Abdullahi Sulaiman | |
| dc.contributor.author | Aliyu, Umar | |
| dc.contributor.author | Muhammad, Maishanu Aliyu | |
| dc.date.accessioned | 2023-12-12T10:16:41Z | |
| dc.date.available | 2023-12-12T10:16:41Z | |
| dc.date.issued | 2022-02-20 | |
| dc.description.abstract | Conventional Cooperative Society (CCS), is commonly in existence in many of the government ministries, agencies and parastatals in Nasarawa state, if not all. It is a way for pooling and saving funds among the civil servants in order to utilize and benefit from their savings before or after retirement. The aim of this research, is to create awareness among Muslim civil servants of Nasarawa state and to propose ways towards of Islamizing these cooperative societies and their activities. The method adopted in this research is qualitative through library and interview techniques. It is noticed that there is an element of usury in the practice and operation of non Sharī’ah compliant cooperative societies in state and most of the participants are unaware of the existence of Islamic Cooperative Societies. Muslims in all sector of work, be it private or government should steer in establishing Islamic Cooperative Society that would be Sharī’ah compliant, which can serve as an alternative in boosting their economic prosperity and welfare. It is important to note that, this paper can alert Muslims to give priority to the teachings of religion, researchers and scholars from different professions like Accounting, Business Studies, Economics, Islamic Law and Islamic Studies can benefit from this article. It reveals that some Muslim civil servants are ready to introduce Islamic Cooperative Society in their places of work. Muslims should influence management of Conventional Cooperative Society, so as to eliminate any form of usury. Islamic scholars should orient Muslims on the need to strictly follow Sharī’ah in all financial transactions. | en_US |
| dc.identifier.citation | 1. Hamidullah, M., Introduction to Islam, (1959), Salmiyah-Kuwait: International Islamic Federation of Student Organizations. 2. Dogarawa, A. B., The Role of Cooperative Societies in Economic Development, (2015), https://www.researchgate.net/publication, assessed 11th November, 2020. 3. Doi, A.I., (1990), Shari’ah: The Islamic Law, London: Taha. 4. Bukhari, M. I. A., (1987), Sahih Al-Bukhari Arabic-English, Vol. 3, (trans), Muhammad Muhsin Khan, New Delhi: Kitab Bhavan. 5. https://www.ica.coop, What is a Cooperative? International Cooperative Alliance, assessed 24th February, 2021. 6. Department for International Development (DFID), (2010), Working with Cooperatives for Poverty Reduction, briefing notes, Gasgow, United Kingdom: Department for International Development. 7. Otto, G., and Ukpere, W., (2011), Credit and Thrift Co-operatives in Nigeria: A Potential Source of Capital Formation and Employment, http://www.acdemicjournals.org/AJBM, in African Journal of Business Management, Vol. 5, (14), 18th July. 8. Raychelle, (2021), https://www.kenyaplex.com, Definition and Classification of Cooperative Societies, 2011, assessed 20th February, 2020. 9. Effiom, R., A., Impact of Cooperative Societies in National Development and the Nigerian Economy, (2014), www.globaljournalseries.com, in Global Journal of Social Sciences, Vol. 13. | en_US |
| dc.identifier.uri | https://keffi.nsuk.edu.ng/handle/20.500.14448/3561 | |
| dc.language.iso | en | en_US |
| dc.publisher | Department of Islamic Studies, Nasarawa State University Keffi | en_US |
| dc.subject | Islamic Cooperative Society; Conventional Cooperative Society; Sharī’ah compliant finance; Usury; Muslim Civil Servants. | en_US |
| dc.title | ISLAMIC COOPERATIVE SOCIETY (ICS): AN ALTERNATIVE WELFARE SCHEME FOR MUSLIM CIVIL SERVANTS IN NASARAWA STATE, NIGERIA | en_US |
| dc.type | Article | en_US |