Kuwait: IMA holds programme on ‘Investment Opportunities for Expats’

[email protected] (Media Release)
December 27, 2016

Kuwait: Indian Muslim Association- Kuwait, conducted a counselling program on ‘Investment Opportunities for Expats’ recently at Indian Community School, Senior Branch, Salmiya.

The program started with recitation of verses from The Holy Quran by Master Ismail Mohammed Hasan followed by translation.Experts from the field delivered speeches on key topics related to the Program theme, “Investment Opportunities for Expats”.

Mr. Jamal Jaffar commenced his topic on the General Investment with a presentation enunciating two categories of the available general investments; Direct Investment and Indirect Investments. He explained various categories of investments opportunities available in the direct category of investments such as fixed deposits, real estate, stock markets etc.

Whereas indirect investments will include investments real estate funds, stock funds, hire purchase/leasing funds etc. Mr. Jamal Jaffar further highlighted the risk and return award on each category of investments. For e.g. For an investor the investment in fixed deposit with a bank yields a low rate of return vis a vis an equity stock investment with a high yield however the risk is quite high in such categories of the investment. He enunciated that the investor should be careful and adjudge the underlying risk under each category of investment before making any decision.

Mr. Firdaus Alam Khan commenced his topic on “Stock Market Trading for Beginners-Fundamental Analysis” presenting to audience the mode and methodology of an analysis to be performed before any decisions are taken for any stock investment. He emphasized a basic analysis needs to be performed in terms of the industry, the nature of business, senior management, objectives, history, background, etc. before any particular stock is selected for an investment. The most important methodology to adjudge any stock is to review its financial statements which comprise of the director’s report, audit report, balance sheet, income statement, profit and loss and notes to accounts.

Mr. Firdaus Khan stressed to state that should the investor fail to perform the above basic analysis and financial statements review, it might result in to an absolutely improper stock investment and investors should avoid investing based on recommendation, tips, investment for day trading and gambling etc. He ended his speech by enumerating the sources where an investors can obtain the stock information’s and as well as welcome the audience to approach him through his email or phone should any information be required.

Mr. Mohammed Hasan Noor commenced his topic on “Stock Market Trading for Beginners-Technical Analysis” stating the importance of technical scrutiny is quite imperative before any stock investment. He enunciated that though the fundamental analysis as stated by Mr. Firdaus Alam Khan is quite important for any stock selection however technical analysis equally carries the same weightage. It may happen that any of the stock might have strong fundamental however the market price of that particular stock might be overvalued due to significant demand or other factors. This might result in the investor buying a stock at higher market price then its actual value.

Mr. Hasan emphasized that the timing of purchase of any stock needs to be adjudged thoroughly and there are various methods or techniques to adjudge it. He demonstrated some of the techniques through graphs and line charts which enlightened the audience on the relevance of the market trading price of the stocks. He too ended his speech by enumerating the sources where an investors can obtain the information and as well as welcome the audience to approach him through his email or phone should any further clarifications be required.

There was a Question and Answer session at the end of the program where in all the 3 speakers took time to answer all the queries and made sure audience went home with all their concerns addressed. Mr. Yusuf Chorghay convened the event. Snacks were served at the end of the program.

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Media Release
March 2,2020

Kuwait: State of Karnataka is enriched with Daasa culture, which had contributed immensely to its literature, culture, art & philosophy. Daasa tradition in Karnataka was part of the Bhakti movement which flourished from around 15th century and it extended considerable spiritual influence over the masses. Kuwait Kannada Koota, a socio-cultural association for the people of Karnataka in Kuwait, organized its annual Daasotsava on 14th February 2020 in remembrance of these saints, thereby displaying the rich cultural heritage of the state. 

The program started with a warm welcome address by Mrs. Spoorthy Kamath, convener of cultural committee. Divine invocation prayer by Mrs. Vasantha Ashok and Mrs. Sandhya Arun set the trend for the event. This was followed by lighting of the traditional lamp by the 2020 executive committee, comprising of President Mr. Rajesh Vittal, Vice President Mr. Sandeep Chabba, General Secretary Mr. Praveen Kumar Shetty and Treasurer Mr. Pradeep Rao. President, while welcoming the gathering, spoke about the importance of Daasas in Kannada literature & history and briefed about the series of upcoming programs. Cultural programs started with fancy dress competition by Koota children comprising of all age group starting from infants to elder kids. This program stole the show as the efforts & time invested by children and their parents were clearly visible. 

2019 executive committee was felicitated by the current committee for wonderfully managing Koota affairs & programs. This was followed by the release of Koota magazine “Marala Mallige", comprising of informative articles, drawings, poems etc., entirely contributed by the association members. Event’s main attraction “Vrindavana Leelavarana", a colorful dance drama spectacularly portrayed by 54 Koota children, was very well appreciated & received by the attendees. Association children who successfully completed 10th and 12th were felicitated as a token of encouragement. Executive committee gave away prizes to Kids who excelled in the stage competitions held earlier. Audience was treated to a divine and melodious Bhajan program conducted astutely by the ladies & men. Koota women performed Bhajan Kolata, along with ladies bhajan, in a well-coordinated manner. Vote of thanks was proposed by the secretary of Koota, thanking those who contributed for the success of the event. Another attraction was a quiz competition “Rasa Prashne", conducted efficiently between the programs, by Mr. Mahesh Shiramgond. 

The whole event was planned and executed astutely by the cultural committee under the leadership of Convener, Mrs. Spoorthy Kamath. Public Relations Committee, led by Mrs. Suparna Dambal, welcomed the members in a vibrant & colorful way, showcasing a beautifully erected divine mantap. The event was sponsored by Unimoni, LIC HFL, VSPL, Geetherb, Kotak Life Insurance, Joy Alukkas, Lulu Hypermarket & Total Environment. The program ended with a sumptuous satvik lunch, sponsored by the senior Koota member, Mr. Ramachandran Seetharaman.

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coastaldigest.com news network
May 22,2020

Mangaluru, May 22: An elderly cardiac patient from Dakshina Kannada, who was stranded in Saudi Arabia due to covid-19 lock-down, has finally reached his homeland thanks to the timely intervention by Humanity Forum Jubail and Indian Social Forum.

The elderly man hailing from Kadaba area of Dakshina Kannada was admitted to a hospital in Madinah. However, his condition continued to worsen due to lack of proper treatment. The efforts by his family members to bring him back home had not yielded results.

Meanwhile, one of the relatives of the patient, Ansari Suratkal, who happens to be a DKSC activist, brought the issue to the notice of the Karnataka unit of the Indian Social Forum in Dammam. ISF contacted Humanity Forum president Zakariya Jokatte, who helped the patient to speak directly union minister D V Sadananda Gowda in a video conference organised by coastaldigest.com.

Humanity Forum also persuaded the Indian Embassy to allow the stranded cardiac patient to fly back to India through Dammam-Bengaluru repatriation flight on May 20. 

However, it was not easy for the patient to travel from Madinah to Dammam International Airport due to lock-down and curfew. ISF not only obtained travel permission for him but also arranged vehicle. Jeddah and Riyadh units of ISF helped in obtaining permission letter in their respective places in spite of travel ban imposed by the police. Madinah unit of ISF arranged vehicle for transportation. Zakariya Jokatte bore the air ticket and other expenses of the patient.

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Media Release
August 9,2020

Kuwait City, Aug 9: Indian social forum organised Blood Donation Camp in association with central blood bank kuwait on Friday, 7th August 2020.

The forum organised camp to support the high demand of blood in the context of COVID-19.

All arrangements to maintain COVID-19 protocol were made in the camp including segregation of donors as branch wise batches along with strict safety measures of participants.

Forum also had donated blood to many patients during the lockdown period. 

Hundreds of people donated blood in the camp. The camp organised in Blood Bank, Jabriya was successfully managed by Dr. Asma Rafat and leaders of Indian social forum Vice President Aslam, Secretory Sayyid Bukhari Thangal, Moideen Koya, Khaleel, Aseem, Mohammed Sha, Shihab, Naushad,
Indian Social Forum expressed their deep appreciation and gratitude to the doctors, staff and management of blood bank, forum’s members and donors.



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