⭕️11- Similarly, whosoever does not feel content with what was sufficient for RasulAllah (Sallallahu alaihe wa sallam), his companions, those who followed them in righteousness, the scholars after them and the ones who are deeply endowed with knowledge be it in reciting of the verses concerning the attributes and reading the reports about them and the statements of approval regarding them that have come from those mentioned above, then may Allah (Subhanahu wa ta'ala) not make him feel sufficed.
❖ Footnote ❖ -------------------------------------------------- ❐ FN [⭕️7] From among the strongest evidences indicating the obligation of following the way and understanding of the sahabah is the following statement of Allah (Subhanahu wa ta'ala):
❐ "And whosoever contradicts and opposes the Messenger, after the right path has been clearly explained to him, and he follows a way other than that of the believers' way (i.e., the sahabah), We shall keep him in the path he has chosen and burn him in Hell; what an evil destination!" [an-Nisa 4/115]
⭕️11- Similarly, whosoever does not feel content with what was sufficient for RasulAllah (Sallallahu alaihe wa sallam), his companions, those who followed them in righteousness, the scholars after them and the ones who are deeply endowed with knowledge be it in reciting of the verses concerning the attributes and reading the reports about them and the statements of approval regarding them that have come from those mentioned above, then may Allah (Subhanahu wa ta'ala) not make him feel sufficed.
❖ Footnote ❖ -------------------------------------------------- ❐ FN [⭕️7] From among the strongest evidences indicating the obligation of following the way and understanding of the sahabah is the following statement of Allah (Subhanahu wa ta'ala):
❐ "And whosoever contradicts and opposes the Messenger, after the right path has been clearly explained to him, and he follows a way other than that of the believers' way (i.e., the sahabah), We shall keep him in the path he has chosen and burn him in Hell; what an evil destination!" [an-Nisa 4/115]
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
The STAR Market, as is implied by the name, is heavily geared toward smaller innovative tech companies, in particular those engaged in strategically important fields, such as biopharmaceuticals, 5G technology, semiconductors, and new energy. The STAR Market currently has 340 listed securities. The STAR Market is seen as important for China’s high-tech and emerging industries, providing a space for smaller companies to raise capital in China. This is especially significant for technology companies that may be viewed with suspicion on overseas stock exchanges.
