"Providing relief to the members is the top priority: Dr. Nowhera Shaikh.”
New Delhi (News Release Mutiur Rahman Aziz) Heera Group of Companies has circulated an announcement for its investors. In this announcement, Heera Group has stated that those members who wish to withdraw their investments can, in light of the current court-sanctioned relief, receive properties in exchange for their investments. This means that IBG members have the option for settlement through properties, as facilitated by the CEO of the company, Aalima Dr. Nowhera Shaikh, in accordance with the relief granted by the court. This approach ensures that members can reclaim their entrusted funds through property allocations, providing a clear and viable pathway for their financial recovery. The plan has been outlined as follows: investors can secure the registration of the allocated property in their names by paying 25% of the property’s value in advance. The remaining 75% of the amount will be adjusted against the investment the investor originally made in the company. To facilitate this process, a dedicated website has been launched. Investors are required to register on this website, select their desired property, and submit their investment documents. Additionally, a significant concession has been provided, allowing multiple investors to collectively purchase a single property. This strategic initiative not only provides a streamlined process for property acquisition but also offers flexibility and collaboration opportunities for investors, ensuring a comprehensive and inclusive approach to investment recovery. For instance, if an individual investor’s funds are insufficient to purchase a 100-square-yard plot, three investors can collectively buy a property. Such a facility has been made available to accommodate varying levels of investment. The announcement also includes five phone numbers, which can be contacted for any difficulties or concerns. This ensures that investors have access to support and guidance throughout the process, making it easier for them to take advantage of the property settlement option.
Heera Group of Companies has shown a remarkable commitment to its investors from the onset of the challenges they faced, ensuring that disappointment was kept at bay during a time of adversity. From the very first day of the conspiracy against the company, they have taken steps to maintain investor confidence. Even in the initial phases, when the company’s accounts were frozen, the process of returning investment funds continued seamlessly, occurring just moments before the freeze took effect. This unwavering dedication to their investors highlights Heera Group’s resolve to provide continuous support and innovative solutions, irrespective of the difficulties encountered. However, the situation escalated when all 250 accounts were seized under the guise of an investigation, resulting in the freezing of investor funds. Despite this daunting circumstance, Heera Group did not waver in its mission to support its investors. They proactively sought ways to provide relief, notably through their jewelry showrooms. During this challenging period, the company offered jewelry to investors, enabling them to address urgent financial needs. This initiative underscored the group’s commitment to ensuring that their investors received tangible assistance even when times were tough. That said, the resources available to the company were finite. After the gold jewelry supply was exhausted, Heera Group turned to their existing financial arrangements to reimburse investors. As the situation began to improve and some bank accounts were reopened by the regulatory agencies, Heera Group leveraged these newly available funds to fulfill outstanding payments to their investors. This strategic maneuver allowed the company to continue offering as much relief as possible, demonstrating their steadfast commitment to supporting their investor community through difficult periods. Despite the many challenges associated with operating the business amidst costly legal proceedings, Heera Group maintained its focus on providing relief to its investors. They utilized every possible arrangement to ensure that assistance was available. Presently, with the Supreme Court’s permission for the sale and purchase of properties, Heera Group has initiated the sale of these properties as a means to generate the necessary funds. This development marks a significant turning point, providing the company with a pathway to financial recovery. Furthermore, CEO Dr. Nowhera Shaikh has kept an open and flexible option for investors looking to reclaim their investments. Under the current scheme, after paying 25% of the property’s value, any investor has the opportunity to register the land in their name. This allows them the choice to either sell the property to another party or take possession of it themselves. By converting their investments into tangible assets, investors gain a sense of security and control over their financial futures. This multi-faceted approach ensures that investors have various avenues to recover their investments in a manner that best suits their individual circumstances. The flexibility offered by Heera Group allows investors to make decisions aligned with their financial goals, reinforcing the group’s reputation for integrity and dedication. In summary, a wave of joy has swept through the investors. While, on one hand, there were efforts to undermine Heera Group through unfounded rumors and various fears, now all investors, whether they wish to settle their investments in land or not, have come to realize that Heera Group is neither baseless nor weak. This newfound confidence among the investors reflects a strong belief in the company’s resilience and commitment to their well-being. Yes, circumstances and times may weaken, but a business that operates free of interest can never face loss as per Allah’s will. Heera Group of Companies, which operates in accordance with the principles of elevating the word of Allah, has securely safeguarded the funds of its investors since the very beginning. Initially, this was perceived as merely a claim; however, the veil has now been lifted from these assertions. Investors are witnessing the reality of the situation, reinforcing their trust in the company’s commitment to ethical practices and financial integrity. In any business, the possibility of loss exists. However, the CEO of Heera Group has made it abundantly clear that if the intention is pure and sincere, investments can be secured and protected. This approach not only safeguards the investments but also helps to protect the community from loss and hardship. Heera Group of Companies’ CEO, Aalima Dr. Nowhera Shaikh, deserves commendation for her foresight and commitment to protecting the community’s wealth and providing halal sustenance. Her efforts in this regard are truly commendable and worthy of respect.