Zakat Foundation™ Canada Annual Report 2005: A Comprehensive Look at the Organization’s Activities
The Zakat Foundation™ Canada is a non-profit organization that aims to alleviate poverty and promote social justice through the distribution of zakat and sadaqah funds. The foundation has been active in Canada since 2005 and has provided assistance to individuals and communities in need through various programs and initiatives. In this article, we will take a comprehensive look at the Zakat Foundation™ Canada’s activities in 2005, as reported in their annual report.
The Zakat Foundation™ Canada’s mission is to empower marginalized communities and individuals by providing them with the resources they need to improve their lives. The foundation believes that zakat and sadaqah, two of the five pillars of Islam, are powerful tools for promoting social justice and alleviating poverty. Zakat is a mandatory charitable donation that Muslims are obligated to give to those in need, while sadaqah is a voluntary donation that can be given to any charitable cause.
In 2005, the Zakat Foundation™ Canada launched several programs and initiatives to help individuals and communities in need. The foundation provided emergency relief to victims of natural disasters, such as the earthquake in Pakistan and the Hurricane Katrina in the United States. The foundation also provided assistance to refugees and immigrants who were facing financial difficulties and struggling to integrate into Canadian society.
The foundation’s education program was also active in 2005. The program provided scholarships to students from low-income families who were pursuing higher education. The foundation also sponsored educational projects in developing countries, such as the construction of schools and the provision of educational resources.
Another key area of focus for the Zakat Foundation™ Canada in 2005 was the provision of healthcare services to disadvantaged communities. The foundation provided medical aid to individuals who were unable to afford healthcare, as well as sponsoring healthcare projects in developing countries. The foundation also partnered with local organizations to provide healthcare services to homeless individuals in Canada.
In addition to these programs and initiatives, the Zakat Foundation™ Canada also provided financial assistance to individuals and families in need. The foundation provided interest-free loans to individuals who needed assistance with housing or business start-up costs. The foundation also provided financial assistance to families who were struggling to make ends meet due to illness, job loss, or other circumstances beyond their control.
The Zakat Foundation™ Canada’s annual report for 2005 provides a comprehensive look at the organization’s activities and achievements during the year. The report includes financial statements, which demonstrate the foundation’s financial stability and accountability. The foundation’s financial statements for 2005 show that the organization received over $1.4 million in zakat and sadaqah funds and spent over $1.2 million on its programs and initiatives.
The annual report also includes testimonials from individuals and communities who have benefited from the Zakat Foundation™ Canada’s assistance. These testimonials demonstrate the impact that the foundation’s programs and initiatives have had on the lives of those in need. For example, one testimonial from a scholarship recipient states, “Without the Zakat Foundation’s scholarship, I would not have been able to afford to attend university. Thanks to their assistance, I am now on the path to a successful career.”
In conclusion, the Zakat Foundation™ Canada’s annual report for 2005 provides a comprehensive look at the organization’s activities and achievements during the year. The foundation’s programs and initiatives in 2005 helped to alleviate poverty and promote social justice both in Canada and around the world. The foundation’s financial stability and accountability are also demonstrated in the report, which includes detailed financial statements. The Zakat Foundation™ Canada’s work in 2005 is a testament to the power of zakat and sadaqah in promoting social justice and alleviating poverty.