Interest free Finance is a boon to the nation

Udupi, 26 October 2011: “Interest free finance, lending and borrowing, unlimited benefits of banking should not only be explained and presented before the common man but also their practical working methods should be made known to them.

This will be a boon to our nation which is dominated by poor people.” This was the opinion expressed by the national chief secretary of “Indian Centre for Islamic Finance, New Delhi” and Member Central Advisory Council, JAMAAT-E-ISLAMI HIND, Janab H. Abdur Rakeeb.

He was inter-acting with the members of Udupi district Jamaat-e-Islami Hind while on a curtsy visit to the organization. In this regards he mentioned different kinds of activities the organization conducting for the benefit of the poor.

The president of the “Islamic Welfare Society” which, during the past 28 years, is implementing the “Interest free loans” schemes for the benefit of the poor people of Udupi Jamaat, Jamaat state advisory board member Akbar Ali, Secretary Abdul Majid, ex president H. Abdul Razaak Malpe, treasurer Sharafuddin Dawood, U. Anwar Ali and working committee members of the society were also present.