Bangalore, April 26: The first day of the ongoing All India Seminar under the auspices of Majlis-e-Ulama, Karnataka and Goa unit, inBangalore, saw many experts present their views.
Moulana Dr Shaikh Saeed Umri, Teacher, Tafseer and Literature Department, Jamia Darul Islam Umarabad, Tamil Nadu, while presenting his research paper, said that Islam possesses the complete guidelines for life. One must adopt Islamic aspects ranging from belief, worship, character to social, political, and economic ones as well. ‘An individual is meant for the society and the society is meant for individuals. Islam with its teachings has facilitated congregational service to society. Along with ‘Aqaamatissalaah’, ‘Eetaaizzakaah’, has been mentioned. Prophet Muhammad (pbuh) advised against piling up of wealth on one hand and spending lavishly on the other too. In his life in Medina, he practically showed by accumulation and distribution of zakaath, the way to maintain this balance’ he said. He also opined that a forum be formed at the National level similar to the Muslim Personal Law Board to take care of such financial aspects. He even suggested that at a local level, mosques should be made centres where people could accumulate a ‘bait-ul-maal’.
Dr Shariq Nisar, Director, Taqwa Advisory and Shariah Investments Solutions, Bangalore, in his paper presentation said that the present day system of insurance that involves interest and other forms of ‘haraam’ dealings, have been regarded as non-permissible.
Dr Rahmatullah, Associate Professor and Head of the Department, Business Economics, A P College of Commerce, Mumbai, said that in India about 31% of the people live below the poverty line. There are 35 million widows, 21 million physically challenged, 77 million elderly, 65 million orphans, 10 million prostitutes, and 40 million children engaged in child labour in the country. The primary cause for this situation of theirs is poverty and poor economic condition. Islam is a complete religion which has proposed the system of zakaath. He presented statistics that every year around 10,000 crore rupees are given away in zakaath but due to the lack of a proper system, this money is not evenly distributed among the deserving. The need of the hour is to work towards effective distribution of zakaath as prescribed by the Quran’, he said.