Mohsin Fund was an important endowment created by Muhammad Mohsin which funded the establishment of numerous academic establishments across Bengal in the 19th and early 20th century. [1] [2]
Mohsin Fund was established in 1806 by philanthropist Muhammad Mohsin. [3] [4] He was the zamindar of Saiyadpur Estate which he inherrited from half-sister Mannujan Khanam. [3] He funded a number of food kitchens during the Great Bengal famine of 1770. [3] He established an Waqf to manage revenue from his zamindari and his family Shi'ite Imambara. [3] The Waqf, Islamic trust, would provide funding to the Mohsin Fund. He himself was celibate and as such did not have any heirs. [3] The Waqf governors start embezzling the assets and funds of the Waqf including the Saiyadpur Estate. [3]
The Privy Council took up the case and the British Raj dismissed all governors as they believed the corruption would be threatening revenue from the estate. [3] The Waqf and Fund expanded significantly under management of the colonial government. [3] [5] It funded the established of Hooghly Madrasah in 1817 and Hooghly Mohsin College in 1836. [3] The government used the fund to benefit both Muslim and Hindu students but it was decided to exclusively use the fund for Muslim students in 1873. [3]
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