17 Clifton Road, Birmingham, B12 8SX
Ansaphone: 0121 440 0643
secretariat@ksmnet.org
Wednesday, 23 August 2017  
29. Dhul Qadah 1438

   

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The Executive Committee in conjunction and the Economic Upliftment Committee held a seminar on Debt Relief. 

The seminar was introduced by Mahmood S Bhogadia - Head of Finance- who spoke on the need for a professionally managed community-wide micro-finance fund to serve the members and their spouses; who due to various reasons cannot raise funding through conventional sources of finance. He also a touched on the possibility of creating a community based 'crowd-funding scheme' with returns going back to our community members.

The seminar then proceeded with the main theme for the evening which was Debt Relief under UK insolvency laws. This section of the talk was presented by Honourable Abbasbhai Mithani QC.

Abbasbhai contrasted what was possible under the current UK insolvency laws with the Sharia dictates of debt relief especially the debt obligation under verses 2 and 10 of Surah Nisa. He spoke of the various forms of debt relief available to an individual and briefly touched on aspects of reliefs available to partnerships and Limited Companies.

The seminar then proceeded with a section on changes in pension provisions in the UK which was presented by the sponsors- Merit Legal solicitors

A presentation was also made by Merit legal solicitors to the attendees to highlight areas of their work and expertise.

The seminar attracted some 67 attendees and was one of the highest attended seminars organised by the EUC

The Executive committee and the EUC are grateful to Merit Legal solicitors for sponsoring this event and Honourable Abbasbhai Mithani for delivering the main talk for the evening.

The event ended with a collection for the Lady Fatema AS Trust - under their water well project and £140 was raised and remitted to this Charity.

The Executive Committee of KSIMC of Birmingham in conjunction with the Economic Upliftment Sub-Committee & Merit Legal Solicitors invite you to an informative Seminar + Business Networking Session on:

Date: Saturday 23rd January 2016
Time: 7 pm
Venue: Mehfil e Abbas Masjid, 17 Clifton road, Birmingham.

The points to be discussed include:

  • Introductory speech by Mahmood S Bhogadia- Head of Finance KSIMC
  • How do I get out of debt? (Speaker: Abbas Mithani, QC)
  • Pension auto enrolment -duties of employers & rights of employees (Speaker: Masood Dawoodi – Merit Legal Solicitors)
  • Short presentation by the sponsors - Merit Legal Solicitors – Speaker: Mohamed Qasim.

There will be an opportunity to ask questions on issues discussed. Full buffet dinner will be served. 

This event is open to both ladies & gents. Friends interested to find out more on the above issues are also welcome.

Entrance by prior registration only. To register please contact the Jamaat office or email This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it..

By the end of September, PRIME will have finished its trial of brand new services for the over 50s and, following positive feedback and the success of each event, we are now aiming to roll them out across the country.

These brand new services replace our previous offering, namely an introduction to self-employment workshop followed by a three-day business training course, and now cover the entire spectrum of enterprise from how to cultivate an idea all the way to growing a business.

So far, we have trialled the new services in Birmingham and Stafford during July and September with more than 130 people attending across nine different events, including '#Over50sRock', 'The Light Bulb Moment' and 'Thrive'.

Nicky Templeton, PRIME’s Director of Partnerships, has been leading this trial period and said that the plan now is to start facilitating these workshops and events in other areas of the country.

"We always knew we could offer a more flexible and dynamic suite of workshops and events for our clients and thanks to these trial events, we now have the confidence to go out to other regions.

"So please do keep an eye out on our events page and any emails we send you for details on new events in your area."

To see what PRIME has in the diary, check out our inspiring business events calendar.

In other exciting developments, PRIME continues to make good progress on developing our ambitious research programme to help us become the number one Thought Leaders on issues around getting over 50s back into work.

At the end of July, the Start Up Loans scheme announced they had provided more than £100 million to entrepreneurs wanting to set up their own business.

We were especially pleased to see that the 20,000th loan was given to a 55-year-old portrait artist. Melissa Mailer-Yates is going to use the funds to start Shakespuss, a service to help people learn and enjoy the works of Shakespeare through animated characters.

Start Up Loans was first established by Lord Young, the Prime Minister’s Enterprise Advisor, and was created within the Department for Business, Innovation and Skills. Originally you had to be between 18 and 30 to apply for a loan, but the age-cap has since been removed and to date, there have been £110,086,603 worth of loan offers to entrepreneurs, with an average value of £5,300.

Start Up Loans have also announced they are organising the Big Start Up Loans Competition 2014 and are calling for entrepreneurs to share their business stories. There are lots of prizes up for grabs and This email address is being protected from spambots. You need JavaScript enabled to view it.is on-hand to assist with award entries.

If you’re interested in getting some finance for your business, PRIME has some information on the website around how to access a Start Up Loan.

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