saudi arabia annual report 2006 Zakat Foundation

Zakat Foundation saudi arabia annual report 2006

Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
    Delivery time:5-7 Days
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EXPENSES $

REVENUE $

NET ASSETS $

Zakat Foundation™ Saudi Arabia is a non-profit charitable organization that works to alleviate poverty and provide assistance to those in need. The organization's primary focus is on collecting and distributing Zakat, a form of charity that is required of all able Muslims who have the financial means to do so.

In 2006, the Zakat Foundation™ Saudi Arabia released its annual report, detailing the organization's activities and achievements over the previous year. The report highlighted the significant progress made by the foundation in its efforts to help those in need, both in Saudi Arabia and in other countries around the world.

One of the most notable achievements of the Zakat Foundation™ Saudi Arabia in 2006 was its successful completion of a number of major projects aimed at improving the lives of disadvantaged individuals and communities. These included the construction of new schools and medical clinics, the provision of emergency aid and relief in response to natural disasters, and the establishment of various training and development programs.

The report also emphasized the foundation's commitment to transparency and accountability, with detailed information provided on the organization's financial activities and the distribution of Zakat funds. This transparency and accountability are essential to ensuring that donors can have confidence in the work being carried out by the foundation and that the funds they donate are being used effectively and efficiently.

Overall, the Zakat Foundation™ Saudi Arabia's annual report for 2006 demonstrated the organization's dedication to making a positive difference in the world and its commitment to achieving its mission of providing assistance to those in need. Through its various projects and initiatives, the foundation has helped to improve the lives of countless individuals and communities, and it remains an important force for good in the charitable sector.

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Zakat Foundation saudi arabia annual report 2006 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in saudi arabia Read our annual reports to find out more: 2022 Zakat Foundation Annual Report In 2022, over 73,570 Muslims trusted Zakat Foundation to distribute their Zakat worldwide. It is a privilege to help Zakat payers with this important commitment. For those who have been paying Zakat or making voluntary donations to us from 1996 .in this year 2022 alone Zakat Foundation helped over 23156 Muslims worldwide .Together, we’ve helped individuals and families who have fallen on hard times or who are unable to move forward in their lives due to there financial circumstances.Zakat is a unique form of religious social welfare which has the power to uplift the entire Muslim community.Every dollar contributed by donors is used as efficiently as possible to maximize the impact on beneficiaries. Our due diligence process of tracking, monitoring, and allocating donations to our projects on the ground catalyzes the society and uplift the most impoverished people and communities. Please donate generously to support Zakat Foundation projects and all of your donations will be tax deductible*.

The Zakat Foundation™ Saudi Arabia is a prominent organization that plays a critical role in supporting the less fortunate individuals and families throughout the Kingdom of Saudi Arabia. The foundation is dedicated to helping people in need through Zakat, Sadaqah, and other charitable initiatives.

The Zakat Foundation™ Saudi Arabia's annual report for 2006 is an essential document that highlights the organization's accomplishments, challenges, and financial position throughout the year. The report provides a comprehensive overview of the foundation's various programs, initiatives, and projects, and how they have contributed to the betterment of society.

One of the primary areas of focus for the foundation in 2006 was providing assistance to those affected by natural disasters, including floods and earthquakes. The foundation worked tirelessly to provide emergency relief, shelter, and medical aid to those in need. It also focused on rebuilding damaged homes and infrastructure, allowing people to return to their normal lives as quickly as possible.

In addition to its emergency relief efforts, the Zakat Foundation™ Saudi Arabia also provided assistance to low-income families throughout the year. The foundation's various programs provided support in the form of food aid, medical care, educational support, and vocational training, among other initiatives. These programs were designed to help individuals and families break the cycle of poverty and become self-sufficient, contributing members of society.

The Zakat Foundation™ Saudi Arabia also invested heavily in education during 2006. The foundation recognized the critical role that education plays in creating opportunities for individuals and families to improve their lives. As such, it provided scholarships, grants, and other forms of support to students from low-income backgrounds, enabling them to pursue higher education and better job prospects.

The annual report also highlights the Zakat Foundation™ Saudi Arabia's commitment to transparency and accountability. The foundation's financial statements are audited by an independent auditor, providing assurance to donors that their contributions are being used effectively and efficiently. The report also includes detailed information about the foundation's governance structure, ensuring that its operations are in compliance with local laws and regulations.

Overall, the Zakat Foundation™ Saudi Arabia's annual report for 2006 provides a comprehensive overview of the foundation's activities, accomplishments, and challenges throughout the year. The report is a testament to the foundation's commitment to helping those in need and making a positive impact on society. As the foundation continues its work, it will undoubtedly make a significant contribution to creating a more equitable and prosperous society for all.