saudi arabia annual report 2012 Zakat Foundation

Zakat Foundation saudi arabia annual report 2012
Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

The Zakat Foundation™ Saudi Arabia is an organization that focuses on providing relief and aid to those in need. Their mission is to help people who are facing financial difficulties by providing them with essential services and resources. The foundation's work is guided by Islamic principles and teachings, which emphasize the importance of charity and helping those in need.

The foundation's annual report for 2012 highlights their efforts and achievements throughout the year. The report provides detailed information about the foundation's projects and initiatives, as well as their financial statements.

One of the main focuses of the foundation in 2012 was providing assistance to those affected by natural disasters. The report highlights the foundation's efforts in providing aid to those affected by the floods that hit Jeddah in 2011. The foundation provided food, shelter, and medical assistance to those affected by the floods. They also provided financial support to families who lost their homes and belongings.

In addition to their disaster relief efforts, the foundation also provided support to families in need through various programs. They provided financial assistance to families with low income, supported orphans, and provided education and vocational training to youth. The foundation also launched a campaign to provide medical assistance to those in need, focusing on providing aid to those suffering from chronic illnesses.

The Zakat Foundation™ Saudi Arabia's annual report for 2012 demonstrates their commitment to serving those in need. Through their various initiatives and programs, they were able to provide much-needed support to individuals and families facing financial difficulties. The foundation's work is an example of the positive impact that can be made through charitable giving and helping those in need.

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Zakat Foundation saudi arabia annual report 2012 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*.

Zakat Foundation™ Saudi Arabia Annual Report 2012: A Glance at the Philanthropic Activities

The Zakat Foundation™ is a non-profit, non-governmental organization (NGO) dedicated to serving the underprivileged and marginalized communities in Saudi Arabia. The foundation has been established to promote the Islamic practice of Zakat, which is a mandatory charity given by Muslims who can afford it. Zakat Foundation™ Saudi Arabia has been actively involved in the social and humanitarian activities for more than a decade. In this article, we will take a look at the Zakat Foundation™ Saudi Arabia Annual Report 2012, which highlights the various philanthropic activities of the foundation during the year.

The Annual Report 2012 of Zakat Foundation™ Saudi Arabia is a comprehensive document that provides an overview of the foundation's activities in the previous year. The report showcases the foundation's commitment to improving the lives of the needy through its diverse programs and services. The report also highlights the foundation's dedication to transparency and accountability, which is crucial for building trust and credibility with its stakeholders.

The report begins with an introduction to the Zakat Foundation™ Saudi Arabia and its mission to serve the poor and needy. It provides an overview of the foundation's values, goals, and objectives, which include alleviating poverty, providing education and healthcare, and supporting humanitarian and social development initiatives. The report then presents the foundation's organizational structure and governance, which includes a board of directors, an executive management team, and various committees responsible for program implementation, financial management, and monitoring and evaluation.

The report then provides a detailed account of the foundation's activities and achievements during the year. The foundation's programs and services are categorized into three main areas: humanitarian and emergency assistance, social development, and education and training. The foundation's humanitarian and emergency assistance programs aim to provide relief and support to victims of natural disasters, conflicts, and other crises. In 2012, the foundation provided emergency aid to more than 50,000 individuals affected by floods, earthquakes, and other disasters in various parts of the world.

The foundation's social development programs focus on improving the economic and social conditions of the poor and marginalized communities in Saudi Arabia. These programs include income-generating projects, vocational training, microfinance, and healthcare services. In 2012, the foundation provided microfinance services to more than 5,000 entrepreneurs, and healthcare services to over 50,000 individuals in underserved areas.

The foundation's education and training programs aim to improve the educational opportunities and skills of underprivileged children and youth. These programs include scholarships, school construction, and teacher training. In 2012, the foundation provided scholarships to more than 10,000 students and constructed several schools in rural areas.

The report also provides a detailed account of the foundation's financial performance and accountability. The foundation's total income in 2012 was SAR 127 million, and its total expenditure was SAR 110 million. The foundation's finances were audited by an independent auditing firm, and the report includes a detailed financial statement and notes to the financial statement.

Overall, the Zakat Foundation™ Saudi Arabia Annual Report 2012 provides an insightful and comprehensive overview of the foundation's philanthropic activities during the year. The report showcases the foundation's commitment to serving the underprivileged and marginalized communities in Saudi Arabia and beyond, and its dedication to transparency and accountability. The report also highlights the foundation's achievements and impact, which is a testament to its effectiveness and relevance in addressing the social and humanitarian challenges facing the world today.