They are asking the public to help fund an Earthquake appeal, while the charities are focused on giving the money to Qataris who are in jail because they took loans for cars and holidays and handbags. I will be giving my money to another charity based in another country because I'm worried the money I will give to help Nepal will be misdirected.
DOHA: Several religious scholars and officials of charities in Qatar have called for establishing a special fund to support the needy, especially citizens who have amassed huge debts.
They pointed out that charitable organisations are not able to support the debtors due to the huge amounts they owe to the banks.
Speaking to a local Arabic daily, they urged the government to take the lead to set up the proposed fund. It will succeed only if funded, managed and monitored by the government.
Aid Al Qahatani, Chairman of the trusty council at Sheikh Thani bin Abdullah Foundation for Humanitarian Services, RAF, said that indebtedness is major challenge facing the Qatari society.
Hundreds of citizens are seeking support from charities to pay back their bank loans, which amount to several millions of riyal. The debts would range from QR50,000 to QR13m. RAF has paid pack the loans on behalf of more than 80 percent of citizens languishing in jails because of huge debts, which amounted to around QR5.5m.
“ Establishing a dedicated fund will help the charities as well. They can provide the data and expertise to support the project,” Al Rayah quoted him as saying.
Noted Doha-based Islamic scholar and preacher Sheikh Bu Ainain said establishing a fund to support the needy is an excellent idea.
Charities play a big role in supporting orphans and widows, but they have limitations in helping debtors pay back their loans.
He said many people land in jail for serving as guarantors for others who flee the country after taking hefty bank loans. The banks then hold the guarantors responsible.
He, however, cautioned that while establishing the fund, strict regulations should be in place to ensure that it will not be exploited.
Sheikh Abdullah Al Nama, chief of the executive board of Eid Cultural Center at Sheikh Eid Charitable Association said setting up a special fund for supporting the needy has become necessary.
“Taking loans is a major problem in the society. People take bank loans to build p a house or for marriage and then amass huge debts. They would need many years to pay them back,” he said, adding that there is a need to study each case seeking financial aid.
They are asking the public to help fund an Earthquake appeal, while the charities are focused on giving the money to Qataris who are in jail because they took loans for cars and holidays and handbags. I will be giving my money to another charity based in another country because I'm worried the money I will give to help Nepal will be misdirected.
DOHA: Several religious scholars and officials of charities in Qatar have called for establishing a special fund to support the needy, especially citizens who have amassed huge debts.
They pointed out that charitable organisations are not able to support the debtors due to the huge amounts they owe to the banks.
Speaking to a local Arabic daily, they urged the government to take the lead to set up the proposed fund. It will succeed only if funded, managed and monitored by the government.
Aid Al Qahatani, Chairman of the trusty council at Sheikh Thani bin Abdullah Foundation for Humanitarian Services, RAF, said that indebtedness is major challenge facing the Qatari society.
Hundreds of citizens are seeking support from charities to pay back their bank loans, which amount to several millions of riyal. The debts would range from QR50,000 to QR13m. RAF has paid pack the loans on behalf of more than 80 percent of citizens languishing in jails because of huge debts, which amounted to around QR5.5m.
“ Establishing a dedicated fund will help the charities as well. They can provide the data and expertise to support the project,” Al Rayah quoted him as saying.
Noted Doha-based Islamic scholar and preacher Sheikh Bu Ainain said establishing a fund to support the needy is an excellent idea.
Charities play a big role in supporting orphans and widows, but they have limitations in helping debtors pay back their loans.
He said many people land in jail for serving as guarantors for others who flee the country after taking hefty bank loans. The banks then hold the guarantors responsible.
He, however, cautioned that while establishing the fund, strict regulations should be in place to ensure that it will not be exploited.
Sheikh Abdullah Al Nama, chief of the executive board of Eid Cultural Center at Sheikh Eid Charitable Association said setting up a special fund for supporting the needy has become necessary.
“Taking loans is a major problem in the society. People take bank loans to build p a house or for marriage and then amass huge debts. They would need many years to pay them back,” he said, adding that there is a need to study each case seeking financial aid.
The Peninsula