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Contracting with Institutes like NGOs, Hospitals, Army...), and Export of IT Services and Handicrafts (Camel Skin Lamps, Blue Pottery, Wood-Camel Bone-Brass Antiques...) & Salt Lampls.

07/08/2024
Vaccine hopes help push Asian markets higher 17/11/2020

Vaccine hopes help push Asian markets higher

Optimism for a coronavirus vaccine helped push equity markets higher on Monday, while traders were also cheered by a pledge from President-elect Joe Biden’s team that they were not planning an economically damaging nationwide lockdown despite surging cases.
However, while there is growing expectation a treatment will be available in the new year, gains were tempered by worries about a spike in the disease in the US and across Europe.
After a painful October, equities have enjoyed a huge bounce since Biden’s election win, which was followed by news that Pfizer and BioNTech’s vaccine candidate had proved 90% effective — lifting hopes the world can soon begin returning to normal.
“The vaccine enthusiasm booster shot remains the dominant narrative, even with surging infections across the US,” said Axi strategist Stephen Innes.”Indeed, the vaccine could prove to be the ultimate market backstop and recessionary economic plugger.”
Tokyo led the gains, jumping more than 2%, helped by news that the world’s number three economy had surged out of recession in the third quarter, expanding a forecast-beating 5% thanks to a pick-up in domestic demand and exports.
Sydney rose 1.2% before trading was suspended for the day owing to what the stock exchange said were data issues. Shanghai and Seoul put on two %, and Taipei more than that, while Singapore added more than 1%. There were also healthy gains in Hong Kong, Jakarta, Bangkok and Wellington.
London, Paris and Frankfurt all opened on the front foot.
The advances came after another strong performance on Wall Street last week, where the S&P 500 finished at a record high.
All three main New York indexes were up in futures trading.
Traders also cheered the signing Sunday of the world’s biggest free-trade deal by 15 Asia-Pacific countries — including Japan and China — that covers about a third of the planet’s GDP.
The agreement was seen as an example of international cooperation following years of Trump pushing unilateralist policies.
“The fact that the agreement got over the line after eight years of negotiation between a widely disparate group of nations, is an achievement in itself,” said OANDA’s Jeffrey Halley.
“That has left the Asia-Pacific with a feeling that there is life in the world, with or without the United States.”
The upbeat mood was helped by one of Biden’s advisers saying the incoming president would not impose a national lockdown to contain the virus, which has now infected more than 11mn Americans.
Instead, Vivek Murthy said officials would use targeted measures to limit the disease’s spread, preferring to protect people’s jobs and the already shaky economic recovery.
Chris Weston, at Pepperstone Group, said: “There is certainly elevated chatter that potential shutdowns in the US will weigh more in the near-term, and maybe so, but investor sentiment is the most elevated since 2017.”
Innes added that comments from the heads of the US, UK and European central banks “also sprinkled just enough forward guidance fairy dust to ensure investors are confident the market will be sufficiently flush to bridge the gap between now and hopefully when the vaccines arrive”.
“Indeed, this is very positive mood music to the market ears and allows investors to look through the current level of headline Covid uglies.”
However, China-US tensions were back on the radar after Axios reported that Trump was considering a range of new tough measures against Beijing in the last few weeks of his presidency.
The report said he could unveil sanctions or trade restrictions against more firms, government entities or officials, citing human rights violations or national security.
The moves would be made in such a way as to make it tough for Biden to row them back.
The story comes after the president last week signed an order banning investment in Chinese firms that could help the country’s military and security apparatus.
Sterling extended gains after news that Boris Johnson’s top adviser and Brexit mastermind Dominic Cummings will leave later this year, which analysts said could pave the way for the government to agree a Brexit trade deal.
In Tokyo, the Nikkei 225 closed up 2.1% to 25,906.93 points; Hong Kong — Hang Seng ended up 0.9% to 26,381.67 points and Shanghai — Composite closed up 1.1% to 3,346.97 points on Monday.

Source:

Vaccine hopes help push Asian markets higher Optimism for a coronavirus vaccine helped push equity markets higher on Monday, while traders were also cheered by a pledge from President-elect Joe Biden’s team that they were not planning an economically damaging nationwide lockdown despite surging cases.

Manateq signs service hub facilities and rental management agreement with Waseef 16/11/2020

Manateq signs service hub facilities and rental management agreement with Waseef

Manateq, the national initiative working to diversify Qatar’s economy by providing premium infrastructure within strategic logistics parks, has signed with Qatar’s Waseef Asset Management Company to provide facilities and rental management of all the commercial and residential assets in seven service hubs across all its logistics parks.

The agreement was signed at Manateq headquarters by Fahad Rashid Al Kaabi, Manateq CEO and Abdullah Jubara Al Rumaihi, Acting CEO of Barwa Real Estate Group and CEO of Waseef Asset Management Company.

As per the agreement, Waseef will now manage the rental affairs of all investors’ commercial and accommodation assets in the service hubs in Manateq’s Jery Al Summar, Birkat Al Awamer, Aba Saleel and Al Wakra logistics parks which are designed as gateways to fast-track economic diversity and business growth throughout Qatar and beyond.

“With the right partners we can succeed in contributing to long-term economic growth, and we believe that in Waseef Asset Management Company, we have a partner who can deliver further investor confidence to ensure that our service hubs will be enjoyable places to live, work and thrive. The award underlines our strong intent to provide sustainable business environments in which enterprises can prosper and grow supported by premium infrastructure and services for visitors and tenants alike.” said Manateq CEO, Fahad Rashid Al Kaabi.

“We are excited to work with Manateq on successfully activating these service hubs which will provide well-managed communities for the many staff who will work in the logistics parks,” said Abdullah Jubara Al Rumaihi, CEO of Waseef Asset Management Company. “We will bring to this contract our extensive experience gained through offering our services to 15 destination companies in Qatar and through which we manage over 3.6 million sqm in projects and we look forward to playing a role in delivering exemplary services to assets which are at the heart of Qatar’s national development ambitions.”

Manateq has designed the service hubs as thriving, showpiece communities. They will feature cafes and restaurants, supermarkets, money exchange services with ATMs, pharmacies and medical centres and a host of service operators including utilities providers, laundries, barber shops and tailors with ample parking throughout.

In all around 92 retail premises and 172 residential accommodation units are available for rent.

Manateq’s logistic parks have been designed to accelerate the economy by enabling businesses and SMEs to invest in a diverse range of sectors such as aluminium, steel, automotive, electronics, construction material, and food and beverage, by offering around 15 million square metres, distributed across Jery Al Samur, Al Wakra, Birkat Al Awamer and Aba Saleel, to promote economic diversification. The parks have been strategically planned close to Hamad Port and key gateways to offer logistics companies optimum connectivity to save transport time and cost.

Spurce:

Manateq signs service hub facilities and rental management agreement with Waseef Manateq, the national initiative working to diversify Qatar’s economy by providing premium infrastructure within strategic logistics parks, has signed with Qatar’s Waseef Asset Management Company to provide facilities and rental management of all the commercial and residential assets in seven se...

11/11/2020

PSMA, 84 mills served show-cause notices

CCP inquiry report has accused Tareen’s JDW group of playing a leading role in price manipulation

ISLAMABAD:
The Competition Commission of Pakistan (CCP) has served show-cause notices to the Pakistan Sugar Mills Association (PSMA) and 84 mills, owned by influential political families, over allegations of manipulating price of the commodity and minting billions of rupees in undue profit.

The notices have been issued after the CCP decided to initiate proceedings under Section 30 of the Act on the recommendations of an inquiry into the anti-competitive activities in the sugar industry, according to a handout issued by the CCP on Tuesday.

The notices had been served last Wednesday – two days before Jahangir Khan Tareen returned to Pakistan after staying for about seven months in the United Kingdom.

The CCP inquiry report has accused Tareen’s JDW group of playing a leading role in price manipulation.

“The CCP’s inquiry has found multiple instances where the PSMA is acting as a front-runner for cartelisation in the sugar industry,” according to the statement.

The PSMA is called upon to show cause in writing within 14 days and to appear and place before the commission, facts and material in support of the contentions and to avail the opportunity being heard on November 20 and to explain as to why an appropriate order under Section 31 of the Act may not be assessed for committing violations and penalties not be imposed for each violation, reads the show-cause notice.

“Evidence gathered during search and inspections conducted on the premises of PSMA and JDW Sugar Mills seems to suggest that these anti-competitive activities have continued since 2010,” according to the CCP inquiry.
Among the 84 sugar mills are Chaudhry Sugar Mills Ltd, JDW-I Sugar Mills Ltd, I, II and III, RYK Sugar Mills Ltd, Army Welfare Sugar Mills Ltd and others.

The CCP said that the JDW group had the highest share in terms of production ie 16%, followed by Almoiz group which had a share of 7%, RYK group 6%, Tandlianwala and Shakarganj with a share of 5% each.

The PSMA – the representative body of the sugar barons – is prima facie a “cartel” that manipulated the recent price hike with active coordination of a senior officer of JDW Sugar Mills Group, owned by Tareen, revealed an official inquiry report.

Tareen had denied the allegations and instead said on his return he would help the federal government control soaring prices.
The CCP findings also showed that the millers managed a decision to influence the government to allow export of 1.1 million tonnes of sugar, which also caused a 48% increase in the prices.

The exports always resulted in domestic price hike.

In February 2019, the price of sugar was Rs60 per kilo, which according to the CCP increased to Rs98 per kilo as of September, showing an increase of Rs38 or 63%.

It said that an increase in price by Re1 per kilo results in a gain of Rs450 million per month for the mills. The price of sugar witnessed an increase of Rs18 per kilo during the period from February to September 2019, which amounted to an additional gain of Rs40 billion in revenue for the sugar mills, according to the CCP.

The CCP on Tuesday said that the impounded data from JDW Sugar Mills included exchange of emails between a senior official of one of the sugar mills and PSMA Punjab zone office bearers regarding sensitive commercial information such as mill-wise, district-wise sugar stock position, and even the quantity of cane crushed, sugar produced, recovery percentage, carry forward old/raw sugar, total sugar, quantity sold, balance and sold percentage.

Moreover, an analysis of the WhatsApp messages exchanged in a group of PSMA officials, the same senior official of that sugar mill was found to be in constant communication with regard to price and stock-related data of sugar mills, according to the CCP.

The impounded data indicated the senior official’s continued involvement in sharing/receiving sensitive information regarding sugar industry since 2012 when he was nominated as the focal person for coordinating the sugar stock position by the PSMA.

The CCP said that the PSMA’s platform was also being used by member sugar mills to collectively make commercially sensitive decisions such as reduction in domestic stocks/supplies of sugar, which led to an increase in or maintenance of desired price levels in the relevant market.

The PSMA and all 84 sugar mills prima facie violated the Act by collectively deciding to export sugar and thereby fixing the quantities of sugar to be supplied in Pakistan. Similarly, they also violated the Act by reducing stocks of sugar through exports; hence collectively raised and maintained prices of sugar in Pakistan, said the CCP.

Source: https://tribune.com.pk/story/2271865/psma-84-mills-served-show-cause-notices

QC calls for activating GCC free trade talks with EU 05/11/2020

QC calls for activating GCC free trade talks with EU

Doha: Chairman of Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani, participated in the consultive meeting between the GCC Ministers of Commerce and Industry and presidents of Unions and Chambers held virtually yesterday.

The meeting discussed topics related to enhancing cooperation in the industrial and commercial sectors between member countries. During the webinar, Qatar Chamber called for reactivating free trade negotiations between the GCC and the European Union (EU) and other countries such as UK and Australia and other economic blocs.

Speaking during the webinar, Sheikh Khalifa stressed the importance of reviving free trade negotiations and concluding similar agreements with other countries such as UK, Australia, and major economic blocs, pointing out that it is essential for GCC states to adopt a unified position when concluding more economic agreements with world countries in a way that better benefit Gulf citizens.

He also outlined the great and positive impact that will be reflected on trade in the GCC countries in case of resuming the round of negotiations with the European Union countries that started in Riyadh and Brussels earlier and stopped for a long time.

Sheikh Khalifa noted that the renegotiation of a free-trade agreement will contribute to establishing easy procedures of import and export operations and will have a positive impact on business owners in the region.

The webinar also reviewed other topics such as industrial integration in the health, medical, agricultural and food industries as well as investment in food security. The meeting also discussed two proposals to establish a rapid traceability system for foodstuffs and medicines in the GCC countries to address various crises and epidemics, and to develop a mechanism for VAT refund.

Source:

QC calls for activating GCC free trade talks with EU Chairman of Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani, participated in the consultive meeting between the GCC Ministers of Commerce and Industry and presidents of Unions and Chambers held virtually yesterday.

04/11/2020

Asia markets extend gains, track Wall Street rally

Asian markets extended gains yesterday as Americans prepared to vote in one of the most keenly watched elections ever, with traders betting on a Democratic sweep of the White House and Congress that would likely see a huge new economic stimulus.
Joe Biden has maintained his healthy lead over Donald Trump in national polls for weeks as the president is buffeted by his handling of the coronavirus, which is seeing a resurgence across the country.
A Democratic takeover of Capitol Hill “is the key to unlocking Congress’ ability to deliver significant fiscal stimulus and benefit the US and global markets at a time of need”, said Axi’s Stephen Innes.
The US is in dire need of a fresh rescue package as the disease flares up again, threatening an already stuttering recovery in the world’s top economy, with lawmakers having failed to agree anything despite months of haggling.
However, while investors are broadly betting the former vice president will win, his advantage in key battleground states is narrowing slightly, while there is also a worry Trump will contest the result — having spent months hitting out at mail-in voter fraud — leaving the country in limbo.
Observers said trading floors were nervous as investors remembered Trump’s surprise win in 2016, and with many positioned for the “blue wave” of Democratic victories to take control of Capitol Hill, any other outcome could jolt sentiment.
“It’s pretty much a binary outcome,” Quincy Krosby, at Prudential Financial, said. “The question is, is the market right now looking at a Biden victory? And will it be disappointed if we don’t have that?”
Still, others point out that the economy is set to get a fresh injection of cash whoever wins the election, while Edward Moya at OANDA pointed out that the Federal Reserve’s ultra-easy monetary policy continues to provide support and will do for years to come.
He added: “The race for a Covid vaccine and treatments should have some winners in the next couple of months and that should provide optimism that the global economic recovery will only get better starting now.”
After last week’s rout, Wall Street bounced back Monday, with Innes saying that a positive performance in the travel and leisure sector indicated fears over the new wave of infections may have been priced in.
Hong Kong rose 2%, having jumped more than 1% on Monday, while Sydney piled on 1.9% after the Australian central bank slashed interest rates to a record low and ramped up its bond-buying scheme as it looks to kickstart an economic recovery.
Singapore and Seoul also rallied 1.9%, while Shanghai, Mumbai, Taipei and Bangkok were more than 1% up. Jakarta, Manila and Wellington were also positive. Tokyo was closed for a holiday. London jumped 1% at the open, while Paris and Frankfurt were also well up, building on Monday’s gains, despite several top economies including England, France, Germany and Italy going into lockdown or some form of strict containment.
And Gorilla Trades strategist Ken Berman sounded a positive note, saying “the bullish long-term trends remain intact, and the ongoing economic recovery should also provide tailwinds for stocks in the last two months of the year”. Oil prices held Monday’s gains, after tumbling to four-month lows over recent days on demand fears. The commodity was boosted by news that Russia was considering extending a production cut agreed with Opec this year by another three months.
In Hong Kong, the Hang Seng closed up 2.0% to 24,939.73 points and Shanghai — Composite ended up 1.4% to 3,271.07 points. Tokyo — Nikkei 225 closed for a holiday.

Source: https://www.gulf-times.com/story/677017/Asia-markets-extend-gains-track-Wall-Street-rally

03/11/2020

Global economy is not out of the woods yet: QNB Analysis

The Peninsula
Doha: The global economy is in the middle of what could be one of the most dramatic economic recoveries since World War II. After the COVID-19 shock produced the sharpest and deepest slowdown on record in the second quarter of 2020, aggressive policy stimulus and the temporary containment of the pandemic led to a significant rebound last quarter. While the global economy is not out of the woods yet, a full-blown “second wave” of severe epidemics could create a “double dip recession”. The recovery has so far been promising, with several countries and sectors showcasing remarkable economic strength.

But which sectors are leading the recovery and what does that tell us about broader macro trends? The answer for this question is now more important than ever. COVID-19 impacted several sectors, such as the aviation, healthcare, transport, tourism and brick and mortar retail industries. The pandemic also led to modifications in consumer behaviour. Both will drive market changes with long lasting effects on economic activity, resulting in leaders and laggards.

This analysis delves into equity markets to unpack the new leaders in their future economic expansion. So far, four big themes come to the forefront.

First, “growth” is outperforming “value” when it comes to investors’ preferences. In other words, companies in sectors that are growing fast continue to be favoured against companies in more stable sectors.

Weak long-term growth in advanced economies and low policy rates put a special focus on companies with high potential for future earnings and sales growth. This tends to favour the “new economy” of technology versus the “old economy” of traditional capital intensive industries. In terms of geographies, this favours the dynamic, tech-heavy US and Chinese indices over other markets when companies are listed.

Second, initiatives that support a low-carbon economy are becoming a major market trend. This includes enterprises that promote technologies to “de-carbonise” power, mobility, agriculture and industry. A sharper than expected recovery in demand for solar energy products and investor optimism about positive regulatory changes for the sector triggered a clean energy wave in equity markets.

Third, COVID-19 strengthened the demand for digitalisation of services and businesses. With lockdowns and social distancing measures implemented globally, shifts from in-person sales to e-commerce and from cash to digital payments were expedited everywhere.

The digital transformation of business and workflow automation also gained ground, especially as work-from-home and cost reduction became paramount. Such trends also led to a rise in the demand for electronic products, boosting the semiconductor industry.

Fourth, the pandemic accelerated the demand for and investments into the healthcare industry and life sciences in general, propping up the pharma industry, bio-tech and a plethora of other medical related companies.

This goes beyond the global race for a successful vaccine and the sudden increase in demand for personal protective equipment, including the application of robotics in surgery, the digitalisation of health care and the use of artificial intelligence in medicine.

All in all, COVID-19 seems to have acted as an accelerant to trends that were already taking place globally. But the magnitude of the shock, and its effects on the behaviour of individuals and firms, is likely to have contributed to the break down of deeply seated resistances to technological change.

Source: https://thepeninsulaqatar.com/article/01/11/2020/Global-economy-is-not-out-of-the-woods-yet-QNB-Analysis

06/03/2019

پڑے مشکل تو پڑھتے ہو اسی کے نام کی تسبیح
میسر جب ہو آسانی خدا کو بھول جاتے ہو
مقصود احمد

28/02/2019

ख़फ़ा होना ज़रा सी बात पर तलवार हो जाना
मगर फिर ख़ुद-ब-ख़ुद वो आप का गुलनार हो जाना
خفا ہونا ذرا سی بات پر تلوار ہو جانا
مگر پھر خود بہ خود وہ آپ کا گلنار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
किसी दिन मेरी रुस्वाई का ये कारन न बन जाए
तुम्हारा शहर से जाना मिरा बीमार हो जाना
کسی دن میری رسوائی کا یہ کارن نہ بن جائے
تمہارا شہر سے جانا مرا بیمار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
वो अपना जिस्म सारा सौंप देना मेरी आँखों को
मिरी पढ़ने की कोशिश आप का अख़बार हो जाना
وہ اپنا جسم سارا سونپ دینا میری آنکھوں کو
مری پڑھنے کی کوشش آپ کا اخبار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
कभी जब आँधियाँ चलती हैं हम को याद आता है
हवा का तेज़ चलना आप का दीवार हो जाना
کبھی جب آندھیاں چلتی ہیں ہم کو یاد آتا ہے
ہوا کا تیز چلنا آپ کا دیوار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
बहुत दुश्वार है मेरे लिए उस का तसव्वुर भी
बहुत आसान है उस के लिए दुश्वार हो जाना
بہت دشوار ہے میرے لیے اس کا تصور بھی
بہت آسان ہے اس کے لیے دشوار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
किसी की याद आती है तो ये भी याद आता है
कहीं चलने की ज़िद करना मिरा तय्यार हो जाना
کسی کی یاد آتی ہے تو یہ بھی یاد آتا ہے
کہیں چلنے کی ضد کرنا مرا تیار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
कहानी का ये हिस्सा अब भी कोई ख़्वाब लगता है
तिरा सर पर बिठा लेना मिरा दस्तार हो जाना
کہانی کا یہ حصہ اب بھی کوئی خواب لگتا ہے
ترا سر پر بٹھا لینا مرا دستار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
मोहब्बत इक न इक दिन ये हुनर तुम को सिखा देगी
बग़ावत पर उतरना और ख़ुद-मुख़्तार हो जाना
محبت اک نہ اک دن یہ ہنر تم کو سکھا دے گی
بغاوت پر اترنا اور خود مختار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
नज़र नीची किए उस का गुज़रना पास से मेरे
ज़रा सी देर रुकना फिर सबा-रफ़्तार हो जाना
نظر نیچی کیے اس کا گزرنا پاس سے میرے
ذرا سی دیر رکنا پھر صبا رفتار ہو جانا
۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔۔
मुनव्वर राना
منور رانا

24/02/2019

میرا تو فرض ہے عبادت کا
اور فقط شوق ہے یہ مدحت کا
مجھ کو تُو جاں سے بھی پیارا ہے
تُو ثمر ہے مری ریاضت کا
پاس کچھ بھی نہیں عمل میرے
آسرا ہے فقط شفاعت کا
کہہ دیا تھا بلی جو روز ازل
سلسلہ چل پڑا محبت کا
چور پکڑا گیا کسی سے نہ
یہ معمہ ہے اک عدالت کا
گر ملی ہے سزا یہ مجھ کو تو
کیا فسانہ ہے تیری رحمت کا؟
تُو تو امواج جانتی ہی نہیں
کیا مزا ہے تری حقیقت کا

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