Wakf to insure all its properties including shrines


Srinagar, Jan 09: The Jammu and Kashmir Wakf Board mulls to insure all its properties, including shrines, in the state.
The board, in a recently-issued circular, has asked the companies to insure its 168 properties in various districts against all possible dangers.
“Reputed insurance companies/agencies registered with Insurance Regulatory and Development Authority (IRDA) are hereby invited for insurance cover against all risks of the 168 (one hundred sixty eight) Wakf Properties,” reads the circular.
The circular stated that the total estimated value of the properties listed for insurance is Rs 70, 64, 41,320.
As per the circular, the assets to be insured include shops, flats, schools, hospitals, and shrines and their associated buildings.
The assets include two-storeyed buildings with attic, flats of Dastageer Sahab shrine at Khanyar, shrines of Hazarat Makhdoom Hamza (RA) in Srinagar and Shiekh Noor- Din- Wali (RA) at Charar-e-Shareef.
Vice-Chairman Wakf Board, Peer Muhammad Hussain, said that the board has decided to ensure “detailed insurance” of its assets on a “compulsory basis”.
“We have taken the decision to ensure insurance of all the Wakf assets. Earlier, many assets were being covered under insurance, but it was not complete. This year, we have decided to insure all properties on a compulsory basis,” he said.
Hussain said that the Wakf has included shrines in the list of insured assets following the untoward incidents that damaged many of them.
“The idea is to make Wakf’s assets secure. We all know that during the recent past we saw many untoward incidents that resulted in a huge loss to the Wakf. So, through this insurance cover our properties will be protected,” he said.
An official from the Wakf Board told The Kashmir Monitor that Wakf would also include the left-out assets in the next phase.
“In the first phase, these 168 properties will be covered under insurance cover. Gradually, the board will invite insurance agencies to cover other left-out properties as well,” he said.
Many revered shrines of the valley have been damaged in the recent past due to fire.
In 2012, a mBottom
oke out at a 200-year-old revered Sufi Dastageer Sahab’s shrine that escalated tension within the valley.
Last year a shrine of Hazrat Baba Atthar-ud-din Sahib at Arwani Anderwani in the central Kashmir district of Ganderbal was gutted under mysterious circumstances in a devastating fire incident.
Another shrine of Lalbab Saheb at Arampora Sopore was also damaged due to the fire last year.