January 19, 2016
Rahat Cooperative Credit Society was inaugurated at Parbhani district by JIH Maharashtra President, Eng. Taufeeq Aslam Khan sb.
Each individual in our society wants that:
- He is well settled in life, especially financially
- His fledgling business becomes stronger and he is able to tide over market fluctuations
- His kids get best education
- All necessities of life of his family are taken care of
Rahat cooperative credit society is a step towards this thought. As we are aware, Allah SWT has prohibited interest (usury) and permitted trade/business.
Rahat is a step towards establishing a system where the needy can get support without getting burdened with heavy interest on his loans and to help the weaker section of the society to become self-sustainable in the long run. May Allah accept our efforts in this direction.
Assalamu Alaikum Wr Wb,
Whilst forbidding Riba (or interest), Allah SWT is guiding us towards an immaculate economic system, which will promote harmony amongst all sections of the society. On the other side, it is loans & interest, which is ruining world economies.
In view of the above, the modest pieces given below to differentiate; capitalism from Islamic economic system.
A Tale of Two Economies (Part I):
https://www.linkedin.com/pulse/tale-two-economies-societies-part-i-muhammad-rizwan-ul-haque?trk=pulse_spock-articles
A Tale of Two Economies (Part II):
https://www.linkedin.com/pulse/tale-two-economies-societies-part-ii-muhammad-rizwan-ul-haque?trk=pulse_spock-articles
Indeed, Allah SWT knows best.
Wa Salaam,
Assalamoalaikum to all my RAHAT brothers & Members,I also want to be a part of your society.And expecting some financial supports also…Can it be possible?…Allah ap logon k is nek magsadon qubul farmae.
I whant to know abbot your rahat sociti to help the poor people
About Society activites