The controversy surrounding Naik had put a question mark over the fate of around 200 students studying in IIS. The school, which conducts classes from nursery to class X, was staring at a shutdown.
Now, it will be run by Azmi's Niyaz Minority Education and Welfare Trust and will be renamed Avicenna International School.
Confirming the development, Azmi said, "I was pained to see that the future of almost 200 children studying in this school was hanging in the balance. All of them belonged to good families and deserved proper protection. So I decided to take care of their future and take over the management of the school in Mazgaon. I have taken over the school by completing the procedural formalities."
Azmi, who represents Mankhurd Shivaji Nagar assembly constituency in Mumbai, had set up the Niyaz welfare trust in memory of his father.
Last year, Azmi had requested the Maharashtra government not to close down the IRF-run school saying doing so will jeopardise the future of students enrolled there. Azmi had made the request to state Education Minister Vinod Tawde.
Azmi has decided to continue with the same school staff and not change the syllabus and timeline of the academic sessions.
In November last year, the IRF was banned by the Union Home Ministry for five years under Unlawful Activities (Prevention) Act (UAPA) for its alleged involvement in terror acts.
Besides the IRF, Naik is also the founding trustee of the IRF Educational Trust and the Islamic Dimensions Trust. The speeches of Naik are banned in the UK, Canada and Malaysia.
Naik has rejected all allegations of involvement in terror-related activities and opposed the ban on the IRF.
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