Let a Widow Earn for Herself with Dignity and Respect
By Saghir A. Aslam
Rawalpindi, Pakistan

 

(The following information is provided solely to educate the Muslim community about investing and financial planning. It is hoped that the Ummah will benefit from this effort through greater financial empowerment, enabling the community to live in security and dignity and fulfill their religious and moral obligations towards charitable activities)

Ramadan Mubarak! We are in the 2nd ashra of Ramadan; before we know it, it will be gone, so making the best of our time should be the focus this Ramadan. Make sure you have a goal set for this blessed month, which is helpful in staying focused. To change someone's life, we do not need to invest thousands or millions, but a simple investment of a few hundred, by way of providing a couple of goats, could bring immense financial stability to a struggling family, particularly a widow-headed family in the remote and rural areas of developing countries.

This investment has done wonders for thousands of families in different parts of the world who have pulled themselves out of the poverty cycle with a donation of goats. This is, in most cases, a lifetime investment which has allowed families to have proper food, provide education to their children, and have shelter and access to other basic needs. In most cases, people in rural areas have some basic skills in goat farming, which means they can easily sustain this program themselves.

The way it works is as follows: four female goats and a male goat are given to a widow in the community who is responsible for properly taking care of these goats. This is often a loan, and to pay it back, each time the goats give birth, the male offspring is given to another community member. This applies to each and every community member, providing an opportunity for others to benefit from this program.

A good-quality goat would normally cost $300 in a developing country such as Pakistan; elsewhere, the cost may vary. The goat will not only provide milk and other dairy products to the widow in need but also a sustainable source of income to live with dignity and respect. There are a number of organizations locally, internationally, and in developing countries that are running such projects at different scales, especially in places where there is extreme poverty.

It is important that we encourage people to make efforts and assist them regardless of their shortcomings. To donate, you can log on to www.sabatrust.org or email at info@sabatrust.org.

(Saghir A. Aslam only explains strategies and formulas that he has been using. He is merely providing information, and NO ADVICE is given. Mr Aslam does not endorse or recommend any broker, brokerage firm, or any investment at all, nor does he suggest that anyone will earn a profit when or if they purchase stocks, bonds or any other investments. All stocks or investment vehicles mentioned are for illustrative purposes only. Mr Aslam is not an attorney, accountant, real estate broker, stockbroker, investment advisor, or certified financial planner. Mr Aslam does not have anything for sale.)


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Editor: Akhtar M. Faruqui