Mangaluru: Senior Jamaat-e-Islami Hind leader K M Sharief passes away
Mangaluru: K M Sharief, a senior leader of Jamaat-e-Islami Hind and a prominent figure in the religious, social, and educational landscape of the region, passed away on Tuesday evening at a private hospital in the city following a brief illness. He was 85.
Sharief Sahab, as he was widely called, played a pioneering role in several key institutions founded and run by Jamaat e Islami Hind. He was the founder member and later president of the Sanmarga Publication Trust which publishes the Sanmarga weekly and Shanti Prakashana, a well known publishing house .
He also served as the founding president of the Shanti Educational Trust, under which the Hira Educational Institutions in Babbukatte were established. A strong advocate of empowerment through education, he was also a founder member of the Mansoora Arabic College in Hassan and served on the advisory committee of Jamaat-e-Islami Hind for Karnataka and Goa states.
Known for his simplicity, humility, and dedication to Jamaat and socio religious initiatives, KM Sharief was deeply involved in community development through education and publications. He was also the elder brother of the late Ibrahim Saeed, noted orator, thinker, and the founding editor of Sanmarga weekly.
He is survived by his wife, five sons, one daughter, and numerous relatives and admirers.
Family sources have informed that the funeral prayer will be held at the Zeenath Baksh Juma Masjid in Bunder in Mangaluru at 10:00 AM on Wednesday.
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Rupee declines 27 paise to 90.95 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 27 paise to 90.95 against the US dollar in early trade on Friday, weighed down by a strong American currency and higher crude oil prices due to the escalated geopolitical tension.
A selling rush in domestic equities further pressured the Indian currency, forex traders said.
At the interbank foreign exchange, the rupee opened at 90.94 and slipped further to trade at 90.95 against the greenback in early deals, losing 27 paise from its previous closing level.
The rupee rose 4 paise to settle at 90.68 against the US dollar on Wednesday. The currency exchange markets were closed on Thursday on account of Chatrapati Shivaji Maharaj Jayanti.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 97.89.
Brent crude, the global oil benchmark, was trading 0.14 per cent higher at USD 71.77 per barrel in futures trade.
Analysts attributed the strengthening dollar and crude prices to heightened tension between the US and Iran, with both countries signalling they are prepared for war if talks on Tehran's nuclear programme fizzle out.
On the domestic equity market front, Sensex fell 150.35 points to 82,347.79 in early trade while the Nifty declined 35.15 points to 25,419.20.
On Thursday, foreign institutional investors offloaded equities worth Rs 880.49 crore, according to exchange data.
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