Interest free scheme launched in Siddipet

, 8:58 AM IST

Hyderabad: Khidmat Aided Cooperative Society launched interest free scheme in Siddipet. Mr. T. Hairsh Rao, Irrigation Minister inaugurated this scheme with Mr. Amer Ali Khan, News Editor of Siasat Daily yesterday. Mr. Harish Rao assured that in the implementation of the schemes of Minorities Welfare Dept, the services of Khidmat Society will be utilized for which he said that he would talk to Finance Minister.

Mr. Rao applauded the Welfare schemes of Siasat Urdu Daily and told that Mr. Zahid Ali Khan, Editor of Siasat Urdu Daily is his “Guru” and he has cordial relations with Mr. Amer Ali Khan, News Editor of Siasat Urdu Daily. He deposited his one month’s salary in the fixed deposit of society with the launch of this service small businessmen can get interest free loans.

Speaking on this occasion Mr. Amer Ali Khan told that Islam has taught us to help each other. He highlighted the Welfare activities of Siasat Urdu Daily and assured its help in the future also. He announced a fixed deposit of one lakh rupees on his behalf.

Maulana Hamid Mohammed Khan in his address told that interest in prohibited in Islam. Mr. Abdul Lateef, Honorary Chairman of Khidmat Society told that he was inspired by the Welfare activities of Siasat Urdu Daily. Mr. Abdul Khader, President of the society told that this scheme has been started with the cooperation of Islamic and Human Welfare Society.

Siasat News