30,000 people visited Career Fest – 2010 in Mumbai

By TCN News,

Mumbai: The 3-day Career Fest – 2010 concluded with great success this past weekend at Saboo Siddique Engineering College in Mumbai as about 10,000 students, mostly from Urdu and Marathi medium schools, participated in the three-day event while more than 20,000 visited it.

The career counseling program was organized by a team of Mumbai-based Muslim organizations on 8-10 January to provide guidelines to students and parents by professionals, educationists and experts in academic field.

The Chief Guest of the inaugural function, Dr. Bhalchandra Mungekar, ex- Vice Chancellor of Mumbai University and Member of Planning Commission of India, spoke on the percentage of Muslims in civil services and urged young Muslim students to make up mind for appearing in the civil services examinations. He advised parents that if their children go wrong somewhere they should take the help of counselors.

In his presidential speech, Dr. Zahir I. Kazi, president- Anjuman-i-Islam, advised the new generation to select an ideal personality from the vicinity and without any hesitation start dreaming an ideal career.

Mr. M.M. Ansari, Chief Information Commissioner of India, Mr. S.R. Waghode, ex- deputy director of Education Maharashtra and Mrs. Alka Borade, deputy director of Education Maharashtra, also shared their views on the occasion.

Mr. Gaffar Shaikh, Director of Maulana Azad Financial Development Corporation of Maharashtra introduced various educational loans & scholarships by state and centre Governments as well as other NGOs.

In first session of second day (9th Jan.), Prof. Maroof Bashir Prin. Bandra Jr. College, gave the information about “career in marine life” and Mr. Shafee has shared his practical experiences about sea. Adv. Shahid Azmi, Advocate, High Court, gave an interactive lecture on “Career in Law”. Mr. Yusuf Syed, head-Derivatives structuring& FI sales, Financial Markets, ING Vysya Bank, has shred the knowledge about “career in Banking & Finance”. Mr. Suhas Kadam, career Counselor, gave the power point presentation about “Career in Army/Navy/Air force”.

Several professionals from various fields participated in the talk show which is a very new concept to make interactions with experts. Mr. Aslam Khan, CEO-Outwore Technologies Ltd., Mr. Luqman, M.B.A, Mr. Syed Arshad, Asst. Surveyor – Indian Register of Shipping, IIT Powai-Mumbai, Adv. Mubin H. Solkar, Advocate, Mumbai High Court, Mr. Zaeem Mirza, Ad Manager ISOBAR, Goggle, Dr. Zainul Abedin Hamdule, Cardiologist- Breach Candy Hospital and Mr. Shoaib Ahmed, Correspondent- CNN-IBN, were present as role models to encourage students and to give booster dose to them for choosing the educational fields.

Some workshops were held on different topics such as Entrepreneurship Development, Management Studies, and Civil Services that were conducted by experts.

On last day (10th Jan), first session began with the lecture of Hafiz Ejaz Akhtar, C.A., on “Career in A./C.S./ICWAI/C.F.A.” and a power point presentation on “Courses of SNDT Women’s University, Mumbai” was conducted by Dr. Asha Patil, Asst. Prof. SNDT University while Mr. Ghulam Arif Khan, Sr. Manager, Kobra extrusion technique Ltd., gave the interactive lecture on “Enhancing Employability”.

This session also included a talk show of many role models namely Hafiz Ejaz Akhtar, C.A., Miss Shabnam Sirguroh, Pilot-Jetairways, Maulana Danish,Web Designer, Mr. Wasim Khot ,Trainee Pilot, Mr. Ghulam Arif Khan, Sr. Manager- KOLSITE Group, Major Amir Iqbal, Ex- Army man, Miss Tehseen Khatri, C.S., Prof. Nahid, M.B.A. and Prof. Aliya Bari.

Besides, there was parallel session on “Mass Communication & Media” conducted by Mr. Ketan Vaidya, Media Manager, U.S. Consulate.

“It was felt that there was an urgent need to update Students with good amount of information before SSC/HSC exams about different career prospects, So they can make benefit of that knowledge which ultimately help them to take an appropriate decision about their future educational & professional life” said Mr. Amir Ansari- co-convener of the program.

Organizers demanded Government to consider Minorities for their upliftment & development as to bring the National Development specially Muslims & generally others. They also requested Media to draw attention of government as well as common people towards Education, its Commercialization & Responsibility because it may bring revolution in the present Education System & may help to create practical & compatible Education System in India.

The program was organized by Association of Muslim Professionals (AMP), PEARL Educational & Welfare Trust, Anjuman-I-Islam, KAWISH, Urdu Head Masters Association, All India Ideal Teachers Association (AIITA) and Students Islamic Organization of India (SIO – Mumbai) and supported by Vidharbha Welfare Association, Qartaba Wisdom Club, Vishwa Kalyan Educational Welfare Trust, Right way, Pragatik Educational Social Trust, Vidhyarthi Bharti, KARWAN & many other NGOs.

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Insurance career for Muslims in India

Thank you Br. "Anonymous" and Br. Salafi for your comments.

Now I see Br. "Anonymous" is saying through the web-links pointing towards evidence for prohibition of Insurance, across the board. Br. "Anonymous", I have obtained the highest qualification in insurance - in theory, and in practice, I have over 25 years experience.

Going by your logic, and that of those Moulanas who commented "gleefully", without knowing the basics of insurance - and how it is transacted, I would imply that NO MUSLIM should even maintain a bank account, in a commercial bank.

Are you trying to say that our beloved Prophet Mohammad SAWS was incorrect in his initiation of the concept of "co-operative insurance"??? Sahabis in Medinah approached Prophet Mohammad SAWS, with a question that Date (Khajur) crops are spoiled by inclement weather, and they loose earnings until next year's crop. Farmers and their family had to wait until next crop OR go hungry. Prophet SAWS came up with a unique "co-operative insurance concept". In this, a percentage of each Date (Khajur) farmer's earnings were collected, and kept aside, for those whose crops were destroyed, or who suffered a loss. Funds collected from all farmers, were given to those who suffered a "crop loss". Farmers, who collected from the funds, DID NOT have to REPAY, as they contributed to the "co-operative concept" as prescribed by Prophet SAWS.

Present form of Insurance is based on same concept, as initiated by our beloved Prophet SAWS. Please try to learn the basics of insurance, before portraying "prohibition", from the Moulanas.

Now coming back to the Road Accident(s) in Saudi Arabia, which I mentioned in my last posting. Driver of a motor vehicle, did not know the identity of road-user who was killed, NOT INTENTIONALLY but by ACCIDENT - and the driver is jailed. To set himself free, the driver had to pay the victims family SR. 100,000 OR until a victims family forgives to let the driver go free, without compensation. Now, this may be ambiguously OR crudely related to present form of "life insurance". Answer to this question, will answer WHETHER or NOT is any form of insurance HALAL or HARAAM. I am sure, you know there is something in between HALAL and HARAAM which is "MAKROO".

Anyhow, the decision is for readers to comprehend and decide, whether OR not they wish to pursue their career in Insurance, which was in-fact initiated by our beloved Prophet SAWS. Good Luck.

Comprehension

Dear Mushtaq,
While insurance can theoretically be implemented without Riba, in reality this is not the form that is globally working rigt now.
Perhaps working for so long in the insurance sector, you are unable to see things from another perspective- present-day insurance is not at all based on the concept of co-operative. Nobody invests in order to help the group, rather people invest in order to get higher returns over time- since there is no risk element in this model, it is outright Riba.
Moreover, in the end if you analyze, these companies are fooling the laymen because the inflation-adjusted return may even be lesser than the original capital. Brother, do you know where the locked-up funds are utilized- we have no control over that, so this is simply like giving your money to someone and taking a fixed return after sometime. In the example of dates you cited from the Prophet's time, not everyone got a fixed return in the group- only those whose crops were ruined.

Regarding your accident analogy, please learn the basics of Islam before commenting- the Qur'an has a provision for blood-money in exchange of murder- that is what was implemented in your cited case- brother, it is blindness to suggest that this is equivalent to life insurance. If there is no homicide, there is no blood money from any accused. The family is not getting any sort of insurance cover, neither did the victim invest pay any premiums upfront.

If you have decided for yourself to get involved in insurance, it is your decision- but please don't mislead the readers. Not only Halal and Haram, even Makrooh has categories within it, but what I said earlier was Halal and Haram are quite clear, and insurance is not Halal, unless rationally proven otherwise.

Mushtaq bhai, Without any

Mushtaq bhai,
Without any personal disrespect to you and your qualification&experience I would like to stress that Islamic scholars too have worked hard to derive rules about Haraam and Halaal and spent their lives researching Quran and Hadith.
Since you have not studied Quran and Hadith in detail,and you are reluctant too to ask the knowledgeable scholars in saudi arabia or in india,your knowledge is less than satisfactory.Maintaining bank account in a interest based bank is without doubt unislamic.Unless you go for a current account that too for essential transactions is given permission by some scholars including Br.Zakir naik.Thats why all muslims are demanding Islamic banking in india.
To derive concept of insurance from Prophet(saas)is far fetched.Sahaba(ra)although majority were poor,were very generous and whenever prophet(saas)demanded everyone tried their best to contribute.This was sadaqa (charity),other than the compulsory Zakah.
Just compare the charity of prophet(saas) with insurance.
1)Does any insurance co.give any compensation to NON members?
2)Did prophet(saas)turned away any of the farmers(non members)?
3)Do insurance co.pay any penny after the last day of the policy is expired?
4)Do all the amount collected from members is utilised for the compensation? (survey shows less than 3% is compensated).
Interestingly you did not provide Saudi Grand Muftis Fatwa.Also please quote the Hadith with ref.
As per Quran if one does not know about an issue he/she should consult those who have knowledge(islam).
Wsalam

Insurance Career for muslims??

Mushtaq Bhai,
You have complained that no one is pointing towards Insurance as a career.Brother you may not know, but it is forbidden in Islam.
Insurance is the part of interest based economy like india.Since interest is Haraam in islam,products based on it,too are Haraam.
Allah(swt)and Prophet(saas)are in a state of war with such wrongdoers,(check Quran for ref.)Unlike other faiths Islam guides us on each and evry aspect of our life.One should get all the necessary knowledge contained in Quran and hadith,and follow sincerely to be successful in both the worlds.

Insurance Career for muslims??

Thank you Br. Salafi for your response in reply to my posting about Insurance Careers. That's where our Maulanas and "half-knowledged followers" fail to understand and delink the fine-line / distinction between "halal" and "haraam".

FYI (for your information) and that of other readers on this platform, it is our beloved Prophet SAWS who first started the concept of insurance in Medina. Later, the concept of insurance was taken / copied by Lloyd's of London, and given the shape it is now followed / transacted throughout the world. If you need, I can give you documentary evidence, or BETTER you ask your Maulanas who HAVE THE LEAST KNOWLEDGE OF INSURANCE, but do not hesitate to BOAST ABOUT terming Insurance as "haraam".

Yes, I would agree with you to some extent about LIFE-INSURANCE being termed "haraam", as Allah has given life, and no-one can put a "price tag" on Allah's gift "LIFE". Even in this regard, I would go to any extent to contest on this aspect (Life Insurance) - as living in Saudi Arabia, the police department imprisons a driver of vehicle for a road-accident, and claims SR. 100,000 to get-out of jail. What logic / explanation, would anyone give on imprisonment of a driver, who has/had no knowledge / identity of road-user who was killed in an UNFORTUNATE ROAD ACCIDENT.

There is no dispute w.r.t. Muslims Belief on GENERAL INSURANCE, which is practiced worldwide by Muslims and Non-Muslims alike. In-fact there is a FATWA given by Grand Mufti of Saudi Arabia (blind Sheikh), in respect of practicing / transacting GENERAL INSURANCE.

Please check / verify facts, before commenting - in order NOT TO "BLUR" interested readers / career seekers interest. Thank you.

Insurance

Dear brother Mushtaq,
I appreciate your feelings on this issue, but this is not a place to be emotional- rather our yardstick should be the Holy Qur'an, else we are Muslims in name only and not in deed.

If you possess an interest-free model of general insurance, please present it before us, we will appreciate it. Uptil that time, I will say that brother Salafi is on the side of truth. Actuarials are not equivalent to statistics, and I have yet to see insurnace without interest (I have first-hand experience of how this sector works). For greater clarity, you may see this link:
http://islamqa.com/en/ref/8889/insurance

Moreover, this is a practical issue as well - I have seen many Muslim youth joining financial services industry in the form of KPOs, banks, insurance, share market, etc.- believe me brother, this is not progress- how can we hope for progress, when income from such sources is not even halal.

Maulanas may have half-baked knowledge, but the line between halal and haram is not 'fine', rather it is very clear as one of the names of the Qur'an is Furqan (Criterion- which clearly demarcates error from truth).
The Prophet (Pbuh) has warned about following the earlier communities who legislated as halal what was haram, so we can at least try to be vigilant and play our role.

Lastly, I could not follow what you were trying to convey from the car example- even in India, if there is an accident, the owner of the car is held responsible.

Even if all Muslims start practising something, and all Muftis give a fatwa in favour of it, how can we go against a patent declaration of the Holy Qur'an? We have already seen the case of some Islamic banks that are merely replacing 'interest' with 'profit' and fooling the unsuspecting believers. Ignorance is not bliss in this case!

Some people may find my opinion retrograde (provided TCN publishes it) but that would only reaffirm our belief that success and failure do not lie in aping anyone, but in following the command of our Lord.

Rather than your approach of considering insurance as halal, we should consider it 'haram unless explicitly proven otherwise'. There is need for extreme caution in such matters. To err is human, but to present a wrong as right, is greater folly.

Btw, I have differed on some issues with brother Salafi, but his response to your query is genuine here.

Insurance and banks

Shaheen and Salafi and others..
Just want to know if you walk your talk. Do you or your children or parents/grandparent have bank accounts in commercial banks? Did you ever take any loans from any bank for anything?

thanks to Giri

Dear Giri,
Thanks for pointing out this important matter- in fact, I would urge all fellow Indians not to take loans and try and live within their means.
Regarding your question, have you assumed the status of some self-proclaimed demi-god that you want to know our bank details?
Each individual is responsible for himself/herself- the Holy Qur'an says:

"And guard yourselves against a day in which ye will be brought back to Allah. Then every soul will be paid in full that which it hath earned, and they will not be wronged."(2:281)

"And guard yourselves against a day when no soul will in aught avail another, nor will intercession be accepted from it, nor will compensation be received from it, nor will they he helped." (2:48)

By the way, I am happy to say that I am free from Riba by the grace of Allah, and there is much more peace on this side of the fence- the grass is not always greener on the other side.

Insurance and banks

Whether anyone maintains a bank account OR purchases an insurance policy from any bank OR insurance company with full knowledge OR otherwise is a good question / pointer.

Coming to risk-factor, which is prevalent in ANY NEW business venture, I would question: HOW CAN ANY MAJOR BUSINESS BE STARTED IN THE FIRST INSTANCE, WITHOUT SUPPORT / BACKING OF A COMMERCIAL INSURANCE POLICY??? I am not trying to say that anyone should go willingly for insurance career - but look at every Islamic Country and respond, which Islamic Country (from Indonesia in east to Turkey in West) is functioning without a BANK or INSURANCE company??? These two institutions are "backbone" for DEVELOPMENT of any country (Islamic or otherwise).

Without INSURANCE, nobody would have launched Satellites in space, nor dared to explore OUTER-SPACE, nor NASA could function, nor Prince Sultan Bin Salman - the first Muslim/Arab Astronaut would have dared to travel in space.

BTW, I'm not trying to set-aside Quran and Hadith!!! History records, that Muslims and Arabs have been the best Mathematicians, Astrologers, Writers, Scholars, Academicians, Scientists (invention of anti-biotic), Architects (Pyramids of Egypt is to-date an unsolved mystery), etc. etc. etc. This has been Muslim's credentials, which are dwindling in standards. Courtesy: Maulanas / Mullahs.

With intervention of our Maulanas, standard of Muslim contribution to modern civilization dwindled. By this comment, I am not trying to "dilute" their knowledge of Quran and Hadith, but this knowledge (Quran and Hadith) can be acquired TODAY, without their help. That's where they are feeling being "sidelined", and are trying to point towards Quran and Hadith for every answer - and we fail to find one in many instances.

Muslims were ONCE rulers, and we are the ones to be ruled and dictated by the ones on whom WE RULED. This is because of ignorance and manipulation by our Maulanas, who are giving Fatwas, after being bribed by those who are ready to pay a "higher price" than they ask OR deserve!!!

Are you not watching any TV channel, which is broadcasted using satellite???

Lastly, this posting is through internet. And Br. "Anonymous", Br. Salafi, and "Shaheen" are writing using INTERNET, which is supported by satellite, which itself is fully supported by insurance. I would advise all those opponents of Insurance, NOT to be NAIVE, nor try to DIVERT those youngsters, who MAY SEEK a CAREER in INSURANCE.

Thank You.

Brother Mushtaq

Mushtaq bhai,
As I have already pointed out, our opposition is to the element of Riba in insurance- these developmental issues that you have cited, and muslim countries utilizing insurance and banking holds no water- it is the express command of Qur'an that is of utmost importance. I am not relying on any Maulana here but reading from my own eyes.

Even though this forum is called two circles, let us stop going around in circles, and as I said before if you have any Riba-free model of insurance that can be implemented in India or anywhere else, please present it before the world.

Hope you take it in the right spirit- it is immaterial what you and I do, what matters is the command of Allah.

We donot give our hard

We donot give our hard earned money to interest based banks who want to utilise our money to fund communal organisation members of RSS for doing business and and carrying out all anti muslim activities.Max.we have current account that too for essential transactions.We have our own mini islamic banks operational,if you need interest free loan you can become member of it in your area.Of course we cannot do this at a large scale due to pending govt.order.We are waiting for approval for islamic banking,but RSS members like subramanian are afraid that if interest free loans are availble to all indians then who will fall prey to trap of money lenders evil net?

Evidence for the prohibition on insurance

Mushtaq bhai,see the evidence from Quran in the web page as demanded by you.
Muhammed Salih Al-Munajjid
Islamic Propagation Office in Rabwah, Riyadh.ksa
Insurance is a transaction that involves ambiguity, and transactions
that involve ambiguity are forbidden according to sharee’ah
Insurance contracts are a kind of gambling
Insurance involves riba al-nasee’ah and riba al-fadl, in the event that
compensation is paid.
Insurance contracts make obligatory things that are not obligatory
according to sharee’ah
Insurance harms both individuals and society
http://tsearch.islamhouse.com/search?q=insurance&btnG=Search&site=defaul...

Thank you Br. "Anonymous"

Thank you Br. "Anonymous" for posting a web-link terming Insurance as "haram" for individuals and society.

Read this from the Shariaa Committee of Co-operative Insurance company, presently transacting Insurance in Saudi Arabia

http://www.tawuniya.com.sa/ShariaaCommittee/ShariaaEn.aspx

I am sure, if you surf their web-site, you will find a "pdf version" of Arabic "fatwaa" from Sheikh Bin Baaz - who is considered the highest level Mufti. FYI (for your information) Sheikh Bin Baaz proclaimed against Saudi Government, when they wanted to hold back the "Worker's Compensation" portion of fund, deposited by Employers with the Saudi Government for benefit of employees - especially foreign nationals.

And one last point - Sheikh Bin Baaz, is not the one who can be "bribed" or "purchased" like the Sadhus, Sandhvis, or Pandits (I mean Pujaris) who can alter and give preferential / favourable MUHURAT date(s) / time(s).

Thank you.

Career Fest 2010 Mumbai

A wonderful convergence of youngster students / parents, career counselors from various organizations. I also noted there is advise from accounting experts about importance of C.F.A.

Having worked for two decades in M.E., I can assure there is an acute shortage of qualified CFA's worldwide. And this shortage will continue at current speed for atleast next two decades. If any Indian acquires C.F.A. qualification, they have an assured job of starting salary $ 4,000 p.m.. With experience, they can easily reach double the figure, within 5 - 10 years, if they work in any banking / corporate with MNC banner.

Lastly, I did not see anyone pointing towards education in GENERAL INSURANCE. Being an Insurance Professional, there are "umpteen opportunities" for qualified professionals in General Insurance. For more information, please visit:

http://www.insuranceinstituteofindia.com/InsuranceInst/Home/ASPX/Index.aspx

Insurance Institute of India has "satellite branches" in every town, city, state - I would say, it spans the length and breadth of India. Need of the hour, is PERSISTENCE to get information, prepare, qualify, and certified.

As usual in every field, you need to find "needle in haystack" to get connected with Muslims, who can guide. Interested persons, need to "gatecrash" to get information, get hooked in continuing this, as yet UNEXPLORED area. FYI (for your information), India is considered as EPICENTER for Insurance, not only in India, but whole of Asia, M.E., and Africa for PAST THREE DECADES. With time, India will continue it's hold in INSURANCE FIELD, in Asia, Africa and M.E., for next three decades.

Good Luck !

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