New Delhi (PTI): A parliamentary panel examining the Waqf Amendment Bill on Wednesday adopted by a majority vote its report that contained changes suggested by ruling BJP members, prompting the opposition to dub the exercise as an attempt to destroy the Waqf boards.

The Joint Committee of Parliament (JPC) on the Waqf (Amendment) Bill, chaired by BJP member Jagdambika Pal, adopted the report on the draft legislation by a 15-11 majority vote. Opposition members were submitting dissent notes to the report.

BJP members insisted that the bill, introduced in Lok Sabha in August last year, seeks to bring modernity, transparency and accountability in the management of Waqf properties, while the opposition termed it as an attack on the constitutional rights of the Muslim community and interference in the functioning of the Waqf boards.

Speaking to reporters after the 38th sitting of the committee, Pal said the report will be presented to Lok Sabha Speaker Om Birla on Thursday and tabled in both Houses of Parliament during the Budget Session beginning Friday.

A key concern of the opposition was the appointment of non-Muslims on the Waqf Board, which they claimed was violative of Article 26 of the Constitution that granted citizens freedom to manage their religious affairs, including establishment and maintenance of institutions for religious and charitable purposes.

"You have violated our rights granted under Article 26 of the Constitution. You talked about Uniform Civil Code, but there are Hindu Endowment Board, Sikh Boards, Christian boards which do not have non-Hindus, non-Sikhs, and non-Christians as members. But why does this not extend to Muslims? This is an attempt to destroy the Waqf Boards," Congress member Imran Masood told reporters here.

At its meeting on Monday, the committee had adopted 14 amendments to the bill, all proposed by BJP members and rejected every change suggested by the opposition members, including Congress, DMK, TMC, AAP, Shiv Sena-UBT and the AIMIM.

Trinamool leader Kalyan Banerjee claimed the observations and recommendations of the committee were "wholly perverse".

The BJP members contended that the amendments suggested by the opposition were intended to uphold the 1995 law and negate the spirit of the Waqf Amendment Bill-2024.

"All these amendments are not in the interest of the Waqf. These will destroy the Waqf board and increase interference of the central government in their functioning," AIMIM leader Asaduddin Owaisi said.

He said the evacuee properties could also be taken over by the government.

"This will not be acceptable to the masses, especially the Muslim community. We reject this Waqf amendment. Muslims will lose their masjids," Owaisi said.

According to the amendments accepted by the committee, the state Waqf boards will now include one member from the Muslim OBC community, ensuring broader representation.

It also has provisions that allow the state government to establish separate Waqf boards for Aghakhani and Bohra communities and safeguard women’s inheritance rights in Waqf Alal Aulad (family waqfs).

The amendments also allow the income from Waqf Alal Aulad to support widows, divorced women, and orphans, if specified by the waqif (creator of the waqf).

Pal claimed that many of the amendments approved by the committee have addressed several concerns of opposition members as well, adding the Bill once enacted will help Waqf board in discharging its duties transparently and more effectively.

For the first time, "pasmanda" (backward) Muslims, the poor, women and orphans have been included among beneficiaries of the Waqf, an endowment made by Muslims for charitable religious purposes, he said.

The committee held 38 meetings in the national capital since its constitution on August 8 last year and toured several state capitals to consult stake holders.

"This report is a significant document that empowers the Muslim community," BJP member Tejasvi Surya said.

DMK's A Raja said that the draft report was circulated among the 31-member committee late Tuesday night and members got very little time to peruse the voluminous document.

While the adopted bill accepts the government's stand of removing the "Waqf by user" clause in the existing law, it has added that no cases will be reopened against such properties on a retrospective basis provided these are not in dispute or belong to the government.

The report made it clear that the provisions to omit the 'Waqf by user' definition of a Waqf property will be with prospective effect.

It has also endorsed the government's move to include non-Muslims in Waqf boards, saying they can be "beneficiaries, parties to disputes, or otherwise interested in Waqf matters".

It, however, does away with the enquiry power vested with the district collector concerned in cases of disputes with the government, giving the authority to the state government to designate an officer senior to the collector to probe the matter.

The Waqf (Amendment) Bill, 2024 was referred to the JPC on August 8, 2024, following its introduction in Lok Sabha by Union Minority Affairs Minister Kiren Rijiju.

The Bill aims to amend the Waqf Act, 1995, to address issues and challenges in regulating and managing Waqf properties.

 

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Mumbai (PTI): The rupee depreciated 28 paise to 94.77 against the US dollar in early trade on Thursday as market sentiment took a dramatic turn after reports emerged that the US and Iran are discussing a 14-point Memorandum of Understanding (MOU) aimed at reducing tensions and reopening negotiations.

Forex traders said Brent oil prices, which had fallen to USD 98 on the US-Iran peace deal, edged slightly higher to USD 101 per barrel after investors weighed the prospects for a Middle East peace deal.

Moreover, factors such as unabated foreign capital outflows amid rising geopolitical uncertainties further dented investor sentiment.

At the interbank foreign exchange market, the rupee opened at 94.77 against the US dollar, registering a fall of 28 paise over its previous close.

On Wednesday, the rupee appreciated 69 paise to close at 94.49 against the US dollar.

"Markets are currently focused on the critical 48-hour window during which the US expects Tehran’s formal response through Pakistani mediators," said CR Forex Advisors MD Amit Pabari.

US President Donald Trump on Wednesday threatened Iran with more bombing if it doesn't reopen the Strait of Hormuz, amid a report that the warring sides were nearing an agreement to end the war.

US media outlet Axios reported, quoting US officials and two other sources, that the US and Iran were getting close to a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations.

The US expects Iranian responses on several key points over the next 48 hours, Axios reported, adding that nothing has been agreed yet. This was the closest the parties had been to an agreement since the war began.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 98.01, down 0.01 per cent.

Brent crude, the global oil benchmark, was trading higher by 0.65 per cent at USD 101.83 per barrel in futures trade.

On the domestic equity market front, the 30-share benchmark index Sensex declined 160.24 points to 77,798.28 in early trade, while the Nifty was down 30.25 points to 24,300.70.

Foreign Institutional Investors offloaded equities worth Rs 5,834.90 crore on Wednesday, according to exchange data.

On the domestic macroeconomic front, the country's goods and services exports rose 4.6 per cent to an all-time high of USD 863.11 billion during 2025-26, up from USD 825.26 billion in 2024-25, despite global economic uncertainties, according to revised commerce ministry data.

Merchandise exports grew 0.93 per cent to USD 441.78 billion in the last fiscal year from USD 437.70 billion in 2024-25, the data showed.