Nigeria annual report 1997 Zakat Foundation

Zakat Foundation Nigeria annual report 1997

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™ is a non-profit Islamic organization that operates in Nigeria with the aim of providing assistance to the needy and promoting the principles of Zakat, the Islamic practice of giving a portion of one's wealth to the less fortunate. The organization publishes an annual report to highlight its activities and achievements.

The Zakat Foundation™ Nigeria Annual Report for 1997 shows that the organization was actively engaged in providing relief and support to the needy and underprivileged in the country. The report details the various projects and initiatives that were undertaken by the organization during the year.

One of the key areas of focus for the Zakat Foundation™ in 1997 was education. The organization provided scholarships and financial assistance to students who were unable to afford the cost of education. The report states that over 200 students were supported through this program in various parts of the country.

Another important area of focus for the organization was healthcare. The Zakat Foundation™ provided medical assistance and support to the sick and needy, especially those who could not afford the cost of healthcare. The organization also supported the construction of healthcare facilities in various parts of the country to improve access to medical care.

The report also highlights the organization's efforts in providing relief and support to victims of disasters and conflicts. In 1997, the Zakat Foundation™ provided assistance to victims of floods and other natural disasters, as well as those affected by communal conflicts in different parts of the country.

Overall, the Zakat Foundation™ Nigeria Annual Report for 1997 shows that the organization made significant contributions to the welfare of the less fortunate in the country. Through its various programs and initiatives, the organization helped to alleviate poverty, improve access to education and healthcare, and provide relief to victims of disasters and conflicts. The report demonstrates the organization's commitment to its mission of promoting the principles of Zakat and providing assistance to those in need.

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Zakat Foundation Nigeria annual report 1997 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Nigeria 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™ Nigeria is a non-governmental organization (NGO) that was founded with the aim of providing relief and support to the underprivileged members of the Nigerian society. Since its establishment, the foundation has been committed to the promotion of human welfare and social justice in Nigeria. As part of its transparency and accountability efforts, the foundation releases an annual report to provide an overview of its activities and achievements over the previous year. This article will provide a detailed analysis of the Zakat Foundation™ Nigeria annual report for the year 1997.

The Zakat Foundation™ Nigeria annual report for 1997 provides a comprehensive overview of the foundation's activities during the year. The report is divided into several sections that cover the foundation's goals and objectives, its activities and achievements, financial information, and future plans. In this article, we will discuss each of these sections in detail.

Goals and Objectives

The Zakat Foundation™ Nigeria's primary goal is to alleviate poverty and provide relief to the less privileged members of the Nigerian society. The foundation is committed to promoting social justice, economic empowerment, and sustainable development in Nigeria. In 1997, the foundation's objectives were to:

Provide relief to victims of natural disasters and emergencies.
Provide support and assistance to widows, orphans, and other vulnerable groups.
Promote education and skills development among the underprivileged members of society.
Promote sustainable economic development through microfinance and entrepreneurship.
Activities and Achievements

The Zakat Foundation™ Nigeria achieved significant milestones in 1997. The foundation's activities during the year included:

Disaster Relief: In response to the flood disaster that occurred in Kaduna state, the foundation provided relief materials to affected families. The foundation also provided relief to victims of other natural disasters that occurred during the year.
Orphan and Widow Support: The foundation provided financial and material support to orphans and widows in various parts of the country. This support included the provision of food, clothing, and other essential items.
Education and Skills Development: The foundation provided scholarships to needy students to support their education. The foundation also provided vocational training and skills development programs to underprivileged individuals to enhance their employability.
Microfinance and Entrepreneurship: The foundation provided microfinance loans and training to small business owners and entrepreneurs to enable them to grow and sustain their businesses.
Financial Information

The Zakat Foundation™ Nigeria's financial report for 1997 shows that the foundation received donations from various sources, including individuals, organizations, and government agencies. The foundation's total income for the year was NGN 24,593,405, and its total expenditure was NGN 22,514,250. The foundation's expenses were primarily directed towards its relief and support programs, with administrative expenses accounting for a small percentage of its total expenditure.

Future Plans

The Zakat Foundation™ Nigeria's future plans for 1998 included the expansion of its relief and support programs to reach more people in need. The foundation planned to increase its disaster response capacity by establishing partnerships with other relief organizations. The foundation also planned to establish more microfinance and entrepreneurship programs to support small businesses and promote economic development in Nigeria.

Conclusion

The Zakat Foundation™ Nigeria's 1997 annual report provides a comprehensive overview of the foundation's activities and achievements during the year. The foundation's commitment to alleviating poverty and promoting social justice in Nigeria is evident in its relief and support programs, education and skills development initiatives, and microfinance and entrepreneurship programs. The foundation's financial report shows that it is financially stable and well-managed. The foundation's future plans for 1998 indicate its commitment to expanding its relief and support programs and promoting sustainable economic development in Nigeria. Overall, the Zakat Foundation™ Nigeria's 1997 annual report demonstrates its effectiveness in