MICROFINANCE A Tool for Alleviating Poverty
Vol. XLVI No. 47
Date: March 8, 2009
Miracles of Prophets
Auron ka hai Payaam aur, mera Payaam aur hai, / Ishq key dardmand ka tarz-e-kalaam aur hai! (Iqbal)

EU DENOUNCES US RENDITIONS
EU member states bear a share of moral responsibility for detentions in Guantanamo, the European Parliament has said. It accused 14 members of cooperating with the US in the kidnapping…

BUSHFIRE RELIEF FROM ARAB LAND
United Arab Emirates Prime Minister Sheik Mohammed bin Rashid Al Maktoum has donated $2.5 million to support Victorian bushfire victims. Sheik Mohammed has given $1 million to the Victorian Racing…

HRW FLAYS HEADSCARF BAN
German state bans on religious symbols and clothing for teachers and other civil servants discriminate against Muslim women who wear the headscarf, Human Rights Watch (HRW) said in a report.…

HEADSCARF BAN GETS SUPPORT
Europe’s top courts have ruled in favour of a French school that expelled two Muslim girls for refusing to remove their headscarves for physical education classes.

PALESTINIAN CHARITY CLEARED
Britain’s top Palestinian charity has been cleared for the third time of any alleged links with so-called terrorist organisations.

NEW MAGAZINES IN SAUDI ARABIA
The Saudi Research and Marketing Group (SRMG) is to publish the country’s first magazine on Islamic banking, which is one of the eight new Arabic magazines to be published by…

13 MUSLIMS RECEIVE HONOURS
Thirteen members of the British Muslim community have been awarded for their varying contribution to society in the New Year’s Honours. They are as under:

UK COMPLICITY IN US TORTURE
Foreign Secretary, David Miliband, defended the non-disclosure of US intelligence in the case of the alleged CIA torture of a British resident now in the Guantanamo Bay detention camp insisting…

MUSLIM SCHOOLS SURPASS NATIONAL AVERAGE
Muslim schools in UK continue to improve in their GCSE results, according to The Muslim News’s most comprehensive Muslim school table.

Engaging Hamas Will History Repeat Itself?
The political outcomes of the Gaza war are yet to be entirely decided with any degree of certainty. However, the obvious political repositioning which was reported as soon as Israel…

CORPUS FUND HIKE FOR MAULANA AZAD EDUCATION FOUNDATION
The central government has decided to increase the corpus fund of Maulana Azad Education Foundation (MAEF) to Rs 700 crore. The MAEF is a society registered under Societies Registration Act,…

GUJARAT MASSACRE 2002 MISSING DECLARED DEAD
Seven years after the anti-Muslim massacre in Gujarat 2002, the state government has redrawn its list of the dead – the missing are now presumed dead. The official toll, hence,…

MUSLIMS SHOULD COME ON A COMMON PLATFORM: KALBE JAWWAD
At a meeting held at Sultanpur on February 20, Shi’a scholar and Member All India Muslim Personal Law Board Maulana Kalbe Jawwad appealed to the Muslims “to unite on a…

CONGRESS NEVER KEPT PROMISES MADE TO MUSLIMS: LEFT
The Left parties have blamed the Congress-led United Progressive Alliance (UPA) government at the Centre of not keeping the promises made to Indian Muslims for their uplift and welfare. Addressing…

MALICIOUS QUESTION ON AZAMGARH DROPPED
Succumbing to the strong protest by UP Ulema Council over a controversial question in the Provincial Civil Service exam, regarding Azamgarh being ‘breeding ground of terrorists’, the UP Public Service…

REPORT, BOOK ON BATLA HOUSE REALEASED
Jamia Teachers Solidarity Group organised a programme ‘Batla House Encounter – One Question’ at the Edward Said Hall of Jamia Millia Islamia (JMI) on February 20. The speakers at the…

FAMILIAR ECHOES
The Lok Sabha spent a total of 1,738 hours and 45 minutes on actual sittings and wasted 423 hours. – Somnath Chatterjee, speaker

THE STATE OF INDIAN ECONOMY
The budget 2009-10 that the finance minister has commended to the parliament gives a good opportunity to analyse and understand the state of economy of the country. This opportunity comes…

It is Now Obama’s Turn to Clench His Fist
The man, who on January 20 last asked the Muslim world to open their clenched fist so that he could shake hands with them, has now clenched his own fist.…

Muslims don’t Need Any Scheme but Fair Policies
Political parties are busy in finalising strategies to attract voters before general election. This time before manipulating schemes for Indian Muslims, politicians would certainly refer Sachar Committee report; but they…

‘Form SHGs, Gradually Change Them into Cooperative Societies’
ARSHAD AJMAL is chairperson and CEO of Al-Khair Cooperative Credit Society Ltd, Patna. In an interview with DR. WAQUAR ANWAR, he dwells in detail upon the various aspects of microfinance and shares…

Mutiny in Bangladesh
The Bangladesh Rifles mutiny was triggered over the simmering discontent over wages and living conditions between the BDR and the Bangladesh army, writes ARSHAD SHAIKH

Celebrating the Slumdogs
The watchdogs of Indian society, social scientists and politicians, who always keep an eye on India’s rating on Human Development Index, are visibly disturbed on the eight Oscars bestowed upon Slumdog Millionaire,…

MICROFINANCE A Success Story from Kenya
Equity Bank, an indigenous banking company of Kenya, is in the news for its success in the field of microfinance. This is a success story of the characteristic feature of…

Microfinance Institution A Roadmap in the Indian Context
Poverty alleviation is a big challenge to our society. Creation and growth of wealth does not guarantee prosperity to poor mass. Rather it gives rise to increasing gap of income…

Microfinance in Islamic Framework
Following is the brief deliberation DR. M. NEJATULLAH SIDDIQI, eminent Islamic economist and scholar, made while initiating a workshop on microfinance held recently at Aligarh.

Arjun Sengupta Commission Report
The National Commission for Enterprises in Unorganised Sector (NCEUS), set up by the UPA government in September 2004, with Arjun Sengupta as chairman, presented its report on May 16, 2006…

A Tool for Alleviating Poverty
DR. RAHMATULLAH outlines the various microfinance models working to fight against poverty.






