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Prawit allows opening of more pawnshops in deep South


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Prawit allows opening of more pawnshops in deep South

By The Nation

 

Deputy Prime Minister Prawit Wongsuwan has approved the opening of more pawnshops in the southern border provinces as a source of emergency funds for the poor, the southern Army chief said.

 

Fourth Army Area Commander Lt-General Piyawat Nakwanit said Prawit hoped the pawnshops would help local people deal with urgent financial needs.

 

Prawit, who is also the defence minister, believed some of the violent incidents were a result of the dire financial situation of some locals, who were enticed to cause disturbance in society in return for money for emergency needs such as school expenses when new semesters started, Piyawat said.

 

Currently, there are government pawnshops only in Pattani province’s Sungai Kolok district and in Yala downtown, the southern Army chief added.

 

He said the Interior Ministry is now in the process of making it easier to open pawnshops in the deep South, as compared to the long current process.

 

He said pawnshops in the deep South would be supervised by provincial committees headed by the provincial governors and the private sector would be allowed to invest. However, pawnshops in the deep South would collect fees instead of interest, as collecting interest would be against Islamic teachings.

 

Source: http://www.nationmultimedia.com/detail/national/30335097

 

 
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6 hours ago, rooster59 said:

pawnshops in the deep South would collect fees instead of interest

Not a big deal. This is called the Ar Rahn model and currently being used in Muslim countries such as Malaysia and UAE.

6 hours ago, rooster59 said:

pawnshops in the deep South would be supervised by provincial committees headed by the provincial governors

Seems the additional pawn shops will also be government supervised, no private-owned pawn shops. Says "the private sector would be allowed to invest" but doesn't add "own." This could also beg the question as to why only government pawn shops - not true elsewhere in Thailand? It smacks subordination of Muslims to a Buddhist nonsecular government.

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I got a better idea Building sites in Thailand are full of migrant workers from Laos, Cambodia why not run a campaign telling men  down that way there is work on building sites and encourage them to seek work there I know when i was young i traveled where the work was not just sit around and wait for it to come to me You can only pawn off so much unless u want to pawn off you wife also? Oops did i mention that dirty four letter word that Thais Hate WORK:shock1:

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