India Islamic Culture Center to set up regional chapters

April 29, 2012

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Riyadh, April 29: India Islamic Culture Center (IICC), an apex Islamic center with a mandate to provide a unified platform for promoting Islamic heritage and interfaith harmony, is planning to open regional chapters across India to give greater wingspan to its activities.


“A total of five chapters including one in the eastern Indian state of Bihar have been proposed,” announced Sirajuddin Qureshi, IICC president, in Riyadh Thursday night.


“The IICC will work with Indian government agencies and Saudi organizations including the New Delhi-based Saudi Embassy to generate support for the IICC’s expansion plan and for building its chapters in different provinces of India,” said Qureshi, while speaking at a function organized by welfare organization Bihar Anjuman in the capital. Qureshi arrived here on Thursday on a private visit. Nadeem Tarin, a prominent community leader and businessman, was the chief guest at the event, while Qureshi and Dilnawaz Roomi were the guests of honor.


Indian community leaders including S. Muneer Ahmed, Murshid Kamal, Faizan Balkhi, Jabed Hussain, Ziauddin Ahmed, Seraj Akram, Naushad Alam and Kaunain Shahidi were instrumental in organizing the event. A presentation about the activities of Bihar Anjuman was made by Shakeel Ahmed, the founder.


Qureshi said the state-level chapters would be launched soon. “We have already applied for the land allotments in some states,” said the IICC chief, adding that the IICC had called on the Kingdom's donor agencies and also the affluent NRIs living in Saudi Arabia and other countries to back the efforts to set up new centers.


To this end, he noted the IICC has become a hub of activities and program including seminars, symposiums and roadshows on mostly Muslim issues since its inauguration by Congress President Sonia Gandhi way back in June 2006. Late Prime Minister Indira Gandhi laid the foundation stone of the center in 1984. The IICC chief, who held a luncheon meeting with a group of affluent Indian community members to conceive the idea of IICC chapter in Patna and to formally launch a campaign to generate support for Patna center, said the New Delhi-based main IICC needs more resources to expand its facility.


Qureshi, who is chairman of the world-renowned India-based Hind Group, also called on Indian youth and especially his co-religionists to launch their own business ventures. "Our young generation must venture into the business field," he said.


Qureshi, who wrote his own fate and amassed huge prestige and wealth after starting a small venture on the roadside of the Indian capital several decades back, said business relations between Indian and Saudi Arabia are progressively growing.


He said official visits by leaders of both countries have built on the existing partnership. “In forging strategic ties with Saudi Arabia, India is always at an advantageous position,” said Qureshi, adding the recent visit of Indian Defense Minister A. K. Antony has boosted our defense ties with this nation. Qureshi, who heads a big Indian industry conglomerate with businesses in the slaughtering, processing and export of meat and meat products, fast food chains, infrastructure and aviation sector, has also plans to expand his fast food network.


In the meat industry, he has the most modern state of the art Abattoir-cum-meat processing plant, which is part of the Hind Agro Industries Limited. It was established in the CDF Complex in north Indian city of Aligarh with the world-renowned companies of New Zealand and Australia as technical collaborators.


Bihar Anjuman, which has chapters across the six-nation Gulf Cooperation Council (GCC) and India, is a premier welfare organization dedicated to helping poor Muslims. Qureshi has always been on the forefront in promoting social and charitable organizations like Bihar Anjuman. The foundation for Bihar Anjuman was laid on March 11, 1999, with some people joining hands to help those who may be in need of financial help, or in need of a job.


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coastaldigest.com news network
June 29,2020

Dubai, Jun 29: Saeed bin Ahmed Al Lootah, a pioneering Emirati businessman and the founder of the world's first Islamic bank, is no more. He breathed his last on June 28.

Born in 1923, Saeed was instrumental in setting up the Dubai Islamic Bank (DIB) in 1975 to provide the community with a Sharia-compliant alternative to conventional banking.

He established several companies, organisations and societies, including the Dubai Consumer Cooperative. He also established the Islamic Education School in 1983 and the Dubai Medical College for Girls in 1986.

In 1992, Haj Saeed established the first College of Pharmacology in Dubai. Later he launched the Dubai Centre for Environmental Research, the Dubai Specialised Medical Centre, and the Medical Research Labs for health control and research into medicinal herbs and Islamic (Nabawi) medicine. He also set up an orphanage.

Saeed bin Ahmed Al Lootah was a self-made businessman who progressed from being a seafarer and trader to an accomplished tutor, author, economist, banker, entrepreneur, businessman and visionary community leader.

According to details available on the S.S. Lootah Group website, his "fervent adherence to the core values of education, cooperation and economy" helped empower "people to excel at everything they do".

"He realised the need to build permanent houses and ventured into construction. His 'capital' at that time were his skills, knowledge and hard work," the website said.

He laid the foundation of S.S.Lootah Contracting Company as a joint venture with his brother Sultan in 1956. "With the enduring values of education, cooperation and economy set as the foundations of his work, Haj Saeed started a number of businesses as well as not-for-profit education and research ventures, with an aim to serve the people of the UAE.

"Thanks to his vision and leadership, our home grown ventures continue to demonstrate unique values that extend well beyond its functional benefits - creating greater economic, social and environmental benefits for people in UAE and beyond."

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, took to Twitter on Sunday to offer his respects.

Sheikh Mohammed said: "He was a trader who started with nothing. His touch is visible in several aspects of the Dubai economy."

Calling the deceased a "wise and smart man", Sheikh Mohammed said: "May Allah bless his soul and grant his family the strength to endure and persevere."

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, also paid his respects. "He combined economic leadership with charitable work. He launched charitable educational institutions and sponsored many orphans. His memory will live on. May Allah have mercy on him and grant his family patience."

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Agencies
April 26,2020

Riyadh, Apr 26: The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia has issued an order to partially lift the curfew in all regions of the Kingdom, to become from 9am to 5pm, starting Sunday through Wednesday May 13, while keeping a 24-hour curfew in the holy city of Makkah and in previously isolated neighbourhoods, state news agency (SPA) said early on Sunday.

The order also allowed the opening of some economic and commercial activities, which include wholesale and retail shops in addition to malls.

They can operate for two weeks, beginning on April 29 (Wednesday) until May 13 (Ramadan 6-20), however, certain shops within malls like beauty clinics, barber salons, gyms, cinemas, and restaurants will continue to be restricted from reopening.

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Arab News
March 9,2020

Dubai, Mar 9: The eyes of the world will be on the oil markets when the big trading hubs in Europe and North America open following the end of the deal between Saudi Arabia and Russia that has helped to sustain crude at relatively high levels for the past three years.

There were big falls on Friday when ministers from the Organization of the Petroleum Exporting Countries (OPEC) failed to get a deal with non-OPEC members — the so-called OPEC+ — to extend output agreements. Brent oil was down nearly 10 percent at $45.27 going into the western weekend.

Saudi Aramco took immediate action to cut prices after the OPEC+ collapse, offering big discounts for crude deliveries from next month, when the current output restrictions end.

According to a notification sent to customers by Saudi Aramco, seen by Arab News, the Kingdom’s oil giant will cut between $4 and $8 per barrel, with the biggest discounts being offered to buyers in northwest Europe and the US.

Roger Diwan, an oil analyst at consultancy IHS Market, said: “We are likely to see the lowest oil prices of the past 20 years in the next quarter.”

West Texas Intermediate, the US oil benchmark, fell to $28.27 in November 2001.

The move raises the possibility of a “crude war” between the three biggest oil blocs — the US, Russia and the Arabian Gulf. Some analysts believe the American shale industry is more vulnerable to low prices than either the Russians or the Saudis.

Robin Mills, head of the Qamar consultancy, told Arab News: “I don’t think this was premeditated but Saudi Arabia has clearly swung quickly into action to put the Russians under pressure. But the Russians, with low debt and a flexible exchange rate, can cope with a few months of low prices.”

The boom in US shale has made the country the biggest oil producer in the world, but with high financing costs. Lower global prices would put a lot of shale companies out of business.

On the other hand, American motorists, and President Donald Trump, would be pleased to see lower fuel prices in an election year.

In Moscow, one prominent financier with ties to the Kingdom played down the long-term significance of the Vienna fallout.

Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, told Arab News: “Saudi Arabia is our strategic partner, and cooperation between our two countries will continue in all areas. We will also continue to work within the framework of the Russia-Saudi Economic Council.”

One Russian official, who asked not to be named, added: “There is a good relationship between Alexander Novak, Russian energy minister, and his Saudi counterpart Prince Abdul Aziz bin Salman, and I am sure they will continue talking to each other less formally.”

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