Five Eventful Years
Moneylife Foundation reaches another milestone. In the space of five years, Moneylife Foundation has gathered support of 30,000+ members, hosted over 230 events and is running five helplines. On 7th February, the Foundation will celebrate its fifth anniversary. Do register and join us to hear our chief guest Devendra Fadnavis, chief minister of Maharashtra, who will speak on good governance and how we, as citizens, can participate. This is one event you should not miss. Register online - moneylife.in/event/93.html.
 
It’s tax-saving season, once again. While most savers flock to fixed-income products, such as public provident fund (PPF) and tax-saving bank fixed deposits, many are left confused, with around 15 tax-saving investments to choose from. In our Cover Story, we analyse the host of products available in detail and, consistent with our philosophy of ‘Less Is More’, we prune the list to just three tax-efficient products which you could consider. The three products will help you take full advantage of the Section 80C investment limit and two of them will deliver tax-free returns. The only caveat: your investment horizon should be long term. Hence, consider these products not for short-term goals, but towards savings for your retirement. Which are these three products? Turn to our Cover Story to find out.
 
With the Reserve Bank of India (RBI) allowing banks to act as insurance brokers, what does this mean for consumers? Sucheta, in her Crosshairs section, questions whether RBI will redress consumer grievances or will it pass them on to the insurance regulator, further harassing the customers. In her Different Strokes section, Sucheta discusses how the current debate on merging public sector banks, once again, ignores the consumer’s interest. 
 
R Balakrishnan has another outstanding piece this time on stock investing. Many small- and mid-cap stocks are shooting up. What should you keep in mind, when you buy them?  
 
As always, do write in with your suggestions and comments.

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Why Muslims protested against Zakir Naik at the IICC in Delhi
The office bearers and supporters of Ulama and Mashaikh Board, an organisation of Sufi Muslims protested at IICC against inviting Zakir Naik, who reportedly supported terrorists like Osama bin Laden
 
Over 250 Muslims on Saturday protested against Zakir Naik at Delhi's India Islamic Cultural Centre (IICC) demanding arrest of the controversial televangelist.
 
“The IICC office bearers need to explain why they have invited Naik who has even expressed his support for terrorists like Osama Bin Laden. He has also been against any kind of concessions to minority religious groups in Islamic countries," Anjum Zaidi, one of the organisers of the protest said.
 
Naik was invited by IICC to deliver a talk on Quran and Science on Saturday.
 
The office bearers and supporters of Ulama and Mashaikh Board, an organisation of Sufi Muslims also gathered at the IICC to lodge a protest. "Naik is an enemy of Islam. He is an enemy of Prophet Mohammad and his teachings," they said. 
 
Accusing Naik as an agent of Saudi Arabia, the said, "We will not allow divisive Wahabism to prosper in this land of Hazrat Nizamuddin and Moinuddin Chishti". 
 
Former union minister Arif Mohammad Khan also wrote a letter to IICC president Sirajuddin Qureshi asking why Naik was invited at the Centre. "...in the present times when the community is under siege on account of the misdeed of handful of terror outfits and the whole religion is being projected as religion of terror, it is important to keep in mind the image and impact of persons who are invited by the centre to interact with its members. A casual glimpse of the writings and speeches of Mr Zakir Naik in the past gives enough idea of his stand on terrorism that is plaguing the whole world particularly India since last few decades," the letter reads.
 
Meanwhile, Zaidi also lodged a complaint at the Tughlaq Road Police Station demanding arrest of Naik under Unlawful Activities (Prevention) Act (UAPA). "We demand that Zakir Naik, since it is established that he has supported terror and terrorists should be booked under UAPA and his role be properly investigated," the complaint reads.
 
Earlier, in December 2012, Darul Uloom, the globally influential Islamic seminary has slammed the religious views of controversial televangelist Dr Zakir Naik in a fatwa as doubtful, urging Muslims to avoid following him, says a report from Hindustan Times.
 
“Although Naik, a doctor turned preacher, has gained prominence as a speaker on Islam, he has been a controversial figure because of his disparaging remarks on other religions and radical views. The fatwa said Naik was a ghiar muqallidin, a term used to describe those whose teachings are not directly based on any one of the four accepted schools of Islamic thought and, was therefore, unreliable,” the report says.  
 
 

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COMMENTS

Emi Smart

6 months ago

Dear Sister Tania if you had listen to the voice of Dr zakir naik clearly then I shall answer to your questions but you haven't listen to it just hyper to make Islam Wrong and Dr Zakir Naik is an honorable person he as far as have an voice with Shri Shri ravi Shankar so if you listen to Dr. Zakir and still you have questions you can ask me but if you don't listen to each phase of voice correctly but if you still have question then I shall be here to answer your questions

Tania Majumdar

10 months ago

Zakir Naik said that sex slave and slavery is Halal ... he was trying to put a bad name for Islam https://http://www.youtube.com/watch?v=G0PzELymfkg

Abrar Khan

1 year ago

Please ask these mullah to increase their knowledge in ISLAM, They are just jealous with Naik, Why they have problem if Zakir naik only talk from Quran and Hadish. These Mullah always try to divide the muslim people by creating group like Deoband,Wahabi,Barailwai etc. They never follow what our Quran and Hadish says.

REPLY

Tania Majumdar

In Reply to Abrar Khan 10 months ago

Do you think ISIS follow true Islam??
Do you think Sex slave and slavery is Halal. that is what Zakir Naik said and if you agree that then you will support ISIS too.
Don't get carried away by false preacher ...

Tania Majumdar

In Reply to Tania Majumdar 10 months ago

see this https://http://www.youtube.com/watch?v=G0PzELymfkg

John Hagg

2 years ago

We have seen that this man Dr. Zakir Naik has converted to Christianity. See this link: https://http://www.youtube.com/watch?v=zVACi7dhxDk.
Is it true? If so, he should be banned every where.

REPLY

Tania Majumdar

In Reply to John Hagg 10 months ago

see this too

Tania Majumdar

In Reply to Tania Majumdar 10 months ago

https://http://www.youtube.com/watch?v=G0PzELymfkg

Fadli Rafi

In Reply to John Hagg 1 year ago

No, that isn't true. In fact, Dr Zakir Naik is still giving lectures now, and just see the site of IRF, he is the leader of that company.

sahil iqbal

2 years ago

Fuck off to you who post this news..

REPLY

Tania Majumdar

In Reply to sahil iqbal 10 months ago

You believe this?? why you are encouraging a false scholar https://http://www.youtube.com/watch?v=G0PzELymfkg

Fadli Rafi

In Reply to sahil iqbal 1 year ago

Hey, muslims don't talk like that, we musn't make Islam go bad. Islam doesn't teach you anything like that.

Ammar Siddiqui

2 years ago

Abdullah wahab is great muslim
No wahabi wahabism people have wrong information about wahabism

rihanahmad

2 years ago

I do not know whether Dr Naik is right or wrong on various issues , but he does make a lot of sense most times . Definitely , he should be heard , debated ..and then castigated perhaps . But to say that he is not a Muslim is taking things too far . The existing Mullas are very poor in their knowledge of Islam and science and they see most views as if they were threatening them .














REPLY

Tania Majumdar

In Reply to rihanahmad 10 months ago

Does this make sense to you https://http://www.youtube.com/watch?v=G0PzELymfkg

Abu Basim Khan

2 years ago

Dr.Zakir Naik is renowned as a dynamic International orator on Islam and comparative Religion.Dr. Zakir Naik clarifies Islamic view point and clear misconception about Islam,using Qur'an,authentic Hadith.He was listed No.3 in Top 10 Spiritual Gurus of India in 2009 and he topped the list in 2010.He is proud winner of so many rewards of Malaysia,Sharja,Islamic Personlity of the year 2013 fromThese Mufti,Qari and Maulana are jealious of Dr. Zakir Naik.They feel inferior to him.They have not ability to face him. dubai.

REPLY

Tania Majumdar

In Reply to Abu Basim Khan 10 months ago

But he tried to spread wrong massage on Islam see this https://http://www.youtube.com/watch?v=G0PzELymfkg

Naseeh Naseeh

2 years ago

We can understand your(christians/anti-islamists) mindset and your hidden agenda. We muslims are well awakened to just ignore such rubbish reports cooked up by zionists...
We know You couldn't and can never face DR.ZAKIR NAIK ideologically instead you can just adopt such cheap methods....
It is your vain hope to make divisions among Muslims BUT WE ARE UNITED AND WILL BE ALWAYS SO, not to harm anyone but to spread this MESSAGE OF PEACE

REPLY

Tania Majumdar

In Reply to Naseeh Naseeh 10 months ago

You believe this ... he supported ISIS in sex slavery, see this https://http://www.youtube.com/watch?v=G0PzELymfkg

PMO's fake website: Delhi Police arrest the mastermind

The fake PMO website offered loans to young entrepreneurs after initial deposit of some amount and was operated from Howrah

 

Delhi Police have confirmed busting a fake Prime Minister's Office (PMO) website and the arrest of its mastermind Sudipta Chatterjee, say reports.
 
Ravindra Yadav, Joint Commissioner of Delhi Police (Crime), reported to have said the website pretended to offer loans to young entrepreneurs after initial deposit of some amount and was based in eastern city of Howrah.
 
Yadav added the suspect had fake government rubber stamps and project reports and duped over 200 people.
 
"The crime branch busted a racket, which used to create fake government websites and one of them was named Pradhan Mantri Adarsh Yojna (Prime Minister Model Programme). They have cheated a lot of people and their base was in Howrah," said Yadav.
 
Chatterjee has been brought to Delhi for further interrogation.
 
"We were able to identify the suspects after a lot of hard work. Our team arrested the mastermind on 17th January and produced him in a court. They brought him here today after getting the transit remand," added Yadav.
 
The scam website was hosted on a server in the US, the report says.
 

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