In response to controversial statements made by Owaisi, the chief of the Tirumala trust has clarified the role of the Waqf Board, emphasizing it is not a real estate company.
Waqf BoardReal EstateTirumala TrustOwaisiCommunity WelfareReal Estate NewsNov 03, 2024
The Waqf Board is a religious and charitable organization that manages properties dedicated for the benefit of the Muslim community. These properties, known as waqf properties, are used for various purposes such as religious, educational, and charitable activities.
The primary functions of the Waqf Board include managing waqf properties, ensuring their use for the welfare of the community, and promoting religious and charitable activities. The board also aims to maintain transparency and accountability in its operations.
Owaisi's claim that the Waqf Board operates like a real estate company was based on his perception of how the board manages and uses its properties. However, this claim has been disputed by the Tirumala trust chief, who clarified that the board's focus is on community welfare, not commercial gain.
The revenue generated from waqf properties is primarily reinvested into the community. It is used to support various educational, healthcare, and social welfare initiatives, ensuring that the benefits of these properties are shared among the community members.
The Tirumala trust, a prominent religious organization, has been involved in clarifying the role and purpose of the Waqf Board. The trust chief, Naidu, responded to Owaisi's claims by emphasizing the board's commitment to community welfare and religious principles.
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