It is a pathetic story of Mr. Shaik Amjad, an auto driver. He pooled up Rs. 12,500 and approached the financier who lent him Rs. 50,000 to buy an auto. The rate of interest was 2%. He repaid 18 installments. He could not pay four installments due to his daughter’s marriage for his default, the financier Pentu imposed new rates of interest as “cut money” by which, he had to pay Rs. 1500 p.m. Meanwhile auto rickshaw was damaged and he had to spend Rs. 12,000 for its repairs.
He said that so far, he has paid Rs. 2 lakh interest for the loan of Rs. 50,000.
The financier Pentu engaged Rasheed and others who stop him on the road and collect Rs. 200 or Rs. 300. They would threaten him to seize the auto rickshaw. Vexed up with such harassment he stopped going home. He wanted to commit suicide but the some Muslims prevented him to do so. He approached financier Pentu. He introduced him to one Mr. Saleem. He started praising Pentu.
According to financer, Shaik Amjad still owes Rs. 74,000 to financier. He approached police station Mir Chowk. Mr. Faseehuddin arrested the financier. Any such affected person may approach DCP south Zone Mr. Manish Kumar Sinha who has started a campaign against financiers.
------Siasat News
darrulsalam bank should be
darrulsalam bank should be closed
Society responsibility
As salam alaikum,
Please we need to educate our self and help the poor.
Its our muslim society responsibility.
How many think that Police and Gunda Protection will help.
Why do we need to call MIM / oTHER PARTIES.
We need to help and contribute and take care about the poor.
and all of mulsim need to pay zakah on time .
Ameem
Interest
Salam! When you have kids who are going hungry, no place to take shelter, no opportunities to go work and you have no support .... what do you do? Let Allah be the judge for those people who take loans on interest. You never know their desperation.
I would like to tell the
I would like to tell the reporter please do get the facts correct before publishing do not write anything for the sake of writing and do not deprive other genuine loan seekers because of thugs like this man please think a man who pays a down payment of mere Rs.12500 on loan of Rs.50000 how can he can claim to pay 2 lakh interest!!! then what is he paid in principal??? what is the percentage of his earnings, please let know in which business you get returns of 2 lakh after your expenses on investment of 12500
Allha help those families
Where is MIM,MBT & other muslim politician r they sleeping r getting some percentage from such criminal financiers.Its every muslim duty to educate/guide our fellow muslims about such problems& to provide interest free loan from Govt schemes/muslim zakat trust,NGO.This news is nothing bhai, in some cases these crock financier are asking the defaulters to send their womens to sleep with them.Allha help those families.Becoz of 4% reservation lot of govt jobs are available every deserving muslim should make use of the chance.
Allha help those families
Where is MIM,MBT & other muslim politician r they sleeping r getting some percentage from such criminal financiers.Its every muslim duty to educate/guide our fellow muslims about such problems& to provide interest free loan from Govt schemes/muslim zakat trust,NGO.This news is nothing bhai, in some cases these crock financier are asking the defaulters to send their womens to sleep with them.Allha help those families.Becoz of 4% reservation lot of govt jobs are available every deserving muslim should make use of the chance.
Punish the financier
My heart is delighted whenever I hear that financier are caught and poor needy are protected from the grip of these blood suckers. My praise go to all and any police and law enforcement officers who are doing the noble job.Keep up the good work community is with You
49 din Kay liye jamaat
49 din Kay liye jamaat mowing jao bolray tableeghian
Need Islamic Banks or Finance Centre..Finance with Islamic Rule
The first question is the guy who is in the picture is with beard and on his head he wear muslim cap and like relegious then why he hanged himself to the financer and later on he is blaming to the financer its haraam in islaam at any cost to give/take/calculation and witness or any kind of participation on interest, our Ulema's and most of the muslims are busy on masaeels/issues but no one are inrested in Fazaeel/usefull information of islaam, why ulema are not coming with day to day issues of Dowry/intres/muslims murders/brutul killings/rowdygiri/disrespet of parents,elders,younger/good behaveir/role model of Momin/pure Muslim, its every wealty muslims responsibility to take care of there area poor muslims and the poor muslims also do not take advantage of there pitty, May Allah save us form the intres money/dealings......I think the time has came to open Islamic banking where our muslim community will be wealthy as mostly people are not working on intres money/bank money and they don't have proper needs, if Islamic banking will come it will be good for every muslims Insha Allah, some one should come farward and start, if banks will be in cool bag then need to open authorised finance centres, (Finance with Islamic Rules),
ALL EFFORTS ARE
ALL EFFORTS ARE RUBBISH.
FIRST OF ALL LET EVERY ONE KNOW THAT, WE SHOULD NOT TAKE ANY KIND OF LOAN ON INTEREST BASIS. DO WHAT YOU ARE ABLE TO DO, NOT BEYOND YOUR CAPABILITIES. CIRCUMSTANCES WHATEVER IT MAY BE FIRM BELIEF IS VERY IMPORTANT. REST IS ALLAH (SWT) KNOWS THE BEST.
he deserves more worse
first of i blame the society for not extending a helping hand to the needy ones. secondly had the victim been a muslim he would never have had borrowed the money but if he did he can never agree to on paying interest. a paisa paid or taken as an interest over a money is very much like having intercourse with your mother 36 times plus waging a war against ALLAh and his messenger. may allah bless the muslim community and other communities for that matter.
Campaign against financiers
Keep it up,,,,,,,,Mr. Kumar
Mr. Manish Kumar Sinha who has started a campaign against financiers.
Muslims, financiers & needy
How can the police arrest the financier? Is it illegal to lend money and charge a rate of interest? Banks also do it. Some times banks can not catch the defaulter but the financiers do with the help of their goons employed for this purpose. Banks on the other hand stop giving loans based on their bad experiences with a particular area or community. Descrimination is one thing but Muslms in general seem to have a bad debt record with banks....? Perhaps with right to information act, one can ask the banks located in Muslim areas about the number of loans and the defaulters. If no such cases are there then bansks can be questioned and all the people of that area can close their accounts in that bank and invite other banks to open their branch in that area . BUt it requires ome leadership invovlement which we have???
If Muslim were so honest then banks (in most cases) would not have stopped giving loans. Forget the banks if Muslims are so honest then there is no need to go to any banks as the community itself can help its poor ,needy & hard working. There are many NRIs who can easily give loans in the range 50,000 - 100,000 or more without asking for any favour or interest but most of the people do not offer the helping hands for the fear of cheating & fraud. Siasat or any other Muslim organization can make the loans available from NRIS with the surety of re-payment. But it can not be a success unless Muslims do not cheat each other.
Now this auto rickshaw driver or for that matter any one from old city or a Muslim - most are lazy, selfish and Iflasi. They never charge with meter, they want the assurance of a return passenger, good roads, no traffic all at the expense of passengers. Once I engaged an auto driven by a non-Muslim and he readily accepted to come to old city from new city in the night time with half-return as per the rule. I was surprised and asked him why he did not ask for more. He replied that he never asks for unjustified amount of fare and goes everywhere as he believed that by luck passengers come. According to him he never remained idle and earned daily 700-800 in normal days and more than 1000/- on festival days. This was his carry home after paying the auto rent and other expenses. Can any Muslims emulate him? There are few who are doing the similar way and are leading a good life but majority are not so.
So what one sows is what one reaps and definitely most autowalas do not deserve any sympathy in most of the cases.
i totally agree with u
i totally agree with u
perfectly said
i totally agree with you..
Are you a financer????
Are you a financer??? why it hurts you when some good thing is done???
wat good is happening
wat good is happening exactly?
Re : Financer arrested
Dear Brother is well said, but he forget that giving, taking and helping in interest transactions are HARRAM according to a hadith of Muhammed (PBUH). And as a result of that sin the punishment given to the sinner will be equivalent to the one who had married his mother 33 times. Today as a result of this sin.And as a result of this SIN interest poor are growing more poorer and wealthier more wealthier. That is the reason Islam prohibits this SIN.
As for as the one who does the SIN will bear the punishment. And the auto driver has committed the SIN and he is being punished. Even big people who are involved in this SIN are being punished, but they are not realizing. For more details on this sin and Islam please mail to: [email protected]
Great Thinking
Great Thinking ... should invoke actions
help
I request the Editor of saisat newspaper to initiate or appeal to people of Hyderabad to come forward and help this gentle man to come out his financial problem.
Request to saisat to provide the detail along with the phone number
In feature we want to read in your newspaper that all such issue is resolved so that the reader feels comfortable.
Feel sorry ........but bitter experience
These people very good in fabricating stories to gain sympathy. They are the most dishonest people. I extended helping hand to two drivers from my area and everytime I was cheated. They did not utilize the money for which it was given but spent in immoral activities.
The figures given the news doesnot match the amount paid or outstanding. this itself is a proof that all most all auto drivers are big liers. They deserve what they are in.
good anwser
good anwser
The statistics provided do
The statistics provided do not match with story of Auto driver. He said he paid 2 lakhs . And mentions 18 installments , rate of interest is 2%. By these figures the loan would got repaid already. The truth is these people have bad credit.They have no issues when they take loan , when repayment time come they fabricate false stories. Even Darrusalm bank of Owisi does not allow them to enter their bank.
I don't know your
I don't know your calculation 1500*18 how 50,000 will be repaid...
Interest is a poison.....avoid it.
Good job done by Mr. Faseehuddin. Congrats to DCP South zone Mr. M K Sinha for starting this campaign. I think the reason why borrowing money on interest is dictated as haram in islam is due to such practices. Mr. Amjad had paid so much money to the financier but still his actual borrowed amount never ends. Age old sayings stand true" Interest eats away peace" So muslims beware avoid this poison....
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