Tag Archives: Muslim Women of Mumbai

Meet India’s richest Muslim woman, who owns property worth crores, runs company worth of 28,773 crore, her business is..

Mumbai, MAHARASHTRA :

She is the daughter of billionaire Rafique Malik, the company’s chairman. Her grandfather, Malik Tejani, founded it in 1955 in Mumbai. Farah has guided Metro Shoes into a new era of modern retail. The company’s brands include Mochi, Metro, and Walkway.

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(Image source: LinkedIn)

Eid Ul Fitr was celebrated throughout the country. Amid celebrations, you may be left wondering if you are asked about the wealthiest Muslim woman in the country. The name of the country’s richest Muslim woman is Farah Malik Bhanji. She is the managing director of the Metro brand, which sells premium shoes. Her net worth is more than Rs. 26000 crore. Farah Malik plays an important role in giving the Metro brand a new identity.

She is the daughter of billionaire Rafique Malik, the company’s chairman. Her grandfather, Malik Tejani, founded it in 1955 in Mumbai. Farah has guided Metro Shoes into a new era of modern retail. The company’s brands include Mochi, Metro, and Walkway.

As of December 8, the company’s market capitalisation was Rs 35,117 crore. Farah is the second of five daughters. His father, Rafique, has a real-time net worth of Rs 21697 crore as of 12 April.

Farah has more than 20 years of experience in the footwear industry. She has played a key role in reimagining the company for the new era. She began her career in marketing before moving on to revamp Metro Brands Limited’s technology roadmap and supply chain. The company was listed in December 2021. The late billionaire investor Rakesh Jhunjhunwala’s wife, Rekha, owns a minority stake in Metro Brands.

She pays close attention to detail, is well-versed in business, and has a sense of style. The footwear company has experienced growth for both the company and its employees under her leadership. She has played a crucial role in forging connections with international companies like Skechers, Crocs, and Clarks in addition to forging close bonds with more than 250 reliable vendors. She contributed to the network’s growth from 100 stores in 2010 to 598 locations across 136 Indian cities.

At the close of trading on Wednesday, Metro Brands Ltd. saw a rise to Rs. 1058. Rs. 1,440.45 is the stock’s 52-week high level, and Rs. 784.45 is its 52-week low. Metro Brands’ shares opened at Rs 1044 at the start of the trading session on Wednesday. Subsequently, it increased by over 20 rupees, closing at 1058. The company cap is of Rs 28,773 crore. 

source: http://www.dnaindia.com / DNA / Home> Business / by Varnika Srivastava / April 12th, 2024

Yasmeen Khan teaches children on roadside in Mumbai

Mumbai, MAHARASHTRA :

Yasmeen with her students
Yasmeen with her students

A few mats and a blackboard make a school on a city lane for 50 kids. This footpath of V Power Gym Street in the Kanakia area of Mira Road in Mumbai attracts the attention of the passers-by but the children remain engrossed in studying and oblivious of the world passing by.

The noise of passing traffic and pedestrians does not affect the privacy of students – mostly children of construction labourers and other daily wage earners – for their minds are focused on what their Yasmeen Madam says.

Yasmin Parvez Khan, a homemaker whose husband is a manager in a  global software company, has been trying to provide basic education to children in this makeshift roadside school. She has been setting it up from 3 to 5 pm every day for the past ten years. 

She is a volunteer who wants to change the lives of children who can’t afford a regular school for various reasons; she neither runs an NGO nor is affiliated with any government agency.

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Gallery of images from Yasmeem’s school

Yasmeen says: “One day I thought of doing something for these poor children. After much deliberation, I realized that no amount of monetary or material help will be of much use to them while education has the potential to change their lives and also impact the future of their families. With this idea, I started teaching two kids and today I have 50 of them.”

Yasmeen’s school is for slum children where they receive basic education and then for formal education, Yasmin Madam takes the children for admission to regular schools. This way Yasmeen plays an important role in initiating these underprivileged children into regular education by invoking their interests in studies and knowledge. “It takes time to get children from very poor families interested in education and getting their parents to understand the importance of education is no less than a harder task.”

Yasmeen says she doesn’t charge a fee but children need many things like notebooks, pencils, books, colours, bags, etc. She has an innovative idea for getting these needs of children fulfilled. Pointing to her blackboard, she says, “Whenever I need something for children, write it on the board and you will be surprised that within a short time, someone delivers it.”

To date, children have never had to wait more than half an hour to get their basic things for studies. She smiles and says that she feels happy to cook for children each Thursday and feed them. After seeing this, many passersby and neighbours have started bringing food and gifts for the children. This makes children very happy and adds to their enthusiasm.

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Children enjoying meals cooked by Yasmeen Khan on a Thursday

Yasmeen Madam’s teaching sidewalk has neither walls nor roof, but education is complete. The first child who got his primary education from this footpath and reached school today has reached the 11th standard.

People are often inquisitive about Yasmin Parvez Khan, who wears a Burqa. People stop for a moment when they see a veiled woman teaching children on the sidewalk.

Yasmeen says that initially, even her family was not happy with her decision. “When I explained my point that she has to go to them and teach, they understood.”

She says: “Today, my family including my mother-in-law, father-in-law, husband, and my children support me.” Yasmeen Parvez Khan’s husband is a project manager at Wipro Company.

These days Yasmeen’s school is on Monsoon break. She is looking forward to the end of the monsoon and the resumption of her school.

source: http://www.awazthevoice.in / Awaz, The Voice / Home> India / by Shantaj Khan, Pune / July 26th, 2022