Pakistan annual report 2005 Zakat Foundation

Zakat Foundation Pakistan annual report 2005
Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

The Zakat Foundation™ Pakistan Annual Report for 2005 provides an overview of the organization's activities and achievements throughout the year. This report is a testament to the Foundation's commitment to alleviating poverty and improving the lives of the most vulnerable in Pakistan.

In 2005, Zakat Foundation™ Pakistan disbursed over PKR 935 million in zakat and sadaqah funds, reaching out to over 1.7 million beneficiaries across the country. The Foundation's programs included healthcare, education, vocational training, microfinance, and emergency relief, among others.

The healthcare program provided free medical care and medicines to thousands of patients across the country. The education program supported the education of children from low-income families, providing them with access to quality education and helping them break the cycle of poverty.

The vocational training program provided skills training to young people, enabling them to find gainful employment and contribute to the economy. The microfinance program provided small loans to entrepreneurs and small business owners, helping them start or expand their businesses.

In addition, the Zakat Foundation™ Pakistan responded to emergencies throughout the year, providing relief and support to those affected by natural disasters such as the earthquake that struck northern Pakistan in October 2005.

The Foundation's achievements in 2005 were made possible through the generosity of its donors, both within Pakistan and around the world. Their support enabled the Foundation to make a significant impact on the lives of millions of people in need.

In conclusion, the Zakat Foundation™ Pakistan Annual Report for 2005 highlights the importance of zakat and sadaqah in alleviating poverty and improving the lives of the most vulnerable in society. The Foundation's programs and achievements serve as a model for other organizations seeking to make a positive impact on the lives of those in need.

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Zakat Foundation Pakistan annual report 2005 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Pakistan 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*.

As a charitable organization, Zakat Foundation™ Pakistan plays a crucial role in the country's social and economic development. One of the ways that the foundation showcases its impact and accountability to its stakeholders is through its annual reports. In this article, we will examine Zakat Foundation™ Pakistan's annual report for the year 2005 and explore the foundation's initiatives and achievements during that period.

The introduction of the report highlights the organization's commitment to "serving the underprivileged and marginalized sections of society." Zakat Foundation™ Pakistan was founded on the principle of Zakat, which is a form of Islamic charity. The organization collects Zakat from individuals and institutions and distributes it among the needy and deserving segments of society. In the year 2005, the foundation disbursed a total of Rs. 725 million, an increase of 43% compared to the previous year.

The report provides a breakdown of the Zakat Foundation™ Pakistan's expenditures for the year 2005. The largest portion of the budget, 32%, went towards education, followed by healthcare at 20%, and relief and rehabilitation at 19%. Other areas of expenditure included social welfare, poverty alleviation, and community development.

One of the key initiatives highlighted in the report was the foundation's educational programs. Zakat Foundation™ Pakistan recognizes that education is a fundamental human right and a means to break the cycle of poverty. During the year 2005, the foundation provided scholarships to 10,000 students, constructed 19 new schools, and supported 115 existing schools. The foundation also distributed textbooks, stationery, and uniforms to thousands of students.

In the healthcare sector, Zakat Foundation™ Pakistan continued to provide medical care to those in need. The foundation established two new hospitals, one in Punjab and one in Sindh, and upgraded several existing hospitals. The foundation's medical camps reached out to remote areas, providing medical checkups, medicines, and diagnostic tests to thousands of people.

Another significant initiative highlighted in the report was the foundation's relief and rehabilitation work. Zakat Foundation™ Pakistan responded to natural disasters such as the earthquake that hit the Northern Areas in October 2005. The foundation distributed tents, blankets, food, and medicines to those affected by the disaster. The foundation also continued its efforts to support Afghan refugees, providing shelter, food, and medical care to thousands of refugees.

The report also highlights Zakat Foundation™ Pakistan's efforts towards poverty alleviation and social welfare. The foundation provided microfinance loans to individuals and small businesses, empowering them to become self-sufficient. The foundation also supported orphans, widows, and other vulnerable segments of society through its social welfare programs.

Zakat Foundation™ Pakistan's community development initiatives were also significant during the year 2005. The foundation constructed new water supply schemes, hand pumps, and wells, providing clean drinking water to thousands of people. The foundation also constructed roads, bridges, and community centers, improving the infrastructure of remote and neglected areas.

The report concludes with a message from the foundation's chairman, highlighting the importance of Zakat and the foundation's commitment to serving humanity. The chairman also expresses gratitude to the foundation's donors, partners, and staff for their unwavering support and dedication.

In conclusion, Zakat Foundation™ Pakistan's annual report for the year 2005 showcases the foundation's significant impact and commitment towards serving the underprivileged and marginalized segments of society. Through its various initiatives and programs, the foundation is contributing towards the country's social and economic development, empowering individuals and communities to become self-sufficient and self-reliant. The foundation's accountability and transparency, as demonstrated through its annual reports, inspire trust and confidence among its stakeholders and serve as a model for other charitable organizations.