Zakat Foundation saudi arabia annual report 2005

Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

Unfortunately, as an AI language model, I don't have access to historical documents such as the Zakat Foundation™ Saudi Arabia Annual Report 2005. However, I can provide some general information about zakat and the Zakat Foundation™ in Saudi Arabia.

Zakat is one of the five pillars of Islam and is an obligatory form of charity that all Muslims who meet certain criteria must pay. It is typically calculated as 2.5% of a Muslim's wealth that has been held for a lunar year. The funds collected from zakat are then distributed to those in need, such as the poor, orphans, and widows.

The Zakat Foundation™ is a charitable organization in Saudi Arabia that aims to collect and distribute zakat funds to those in need. It is one of many such organizations in the Muslim world, and each operates slightly differently. However, the Zakat Foundation™ is known for its commitment to transparency and efficiency in distributing zakat funds.

Annual reports are an important way for charitable organizations to show how they have used the funds they have collected. These reports typically include financial information, as well as details about the organization's activities and impact. Unfortunately, without access to the Zakat Foundation™ Saudi Arabia Annual Report 2005, it's difficult to comment specifically on what it might have included. However, it's likely that it provided important information about how the Zakat Foundation™ was working to alleviate poverty and support those in need in Saudi Arabia.

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Zakat Foundation saudi arabia annual report 2005 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*.

I'm sorry, but I cannot provide a long article on the Zakat Foundation™ Saudi Arabia annual report for 2005 as I do not have access to the document or the specific details and data contained within it. However, I can provide some general information about the Zakat Foundation™ Saudi Arabia and the purpose and importance of annual reports.

The Zakat Foundation™ Saudi Arabia is a non-profit organization that aims to help the needy and disadvantaged through the collection and distribution of Zakat and other charitable contributions. Zakat is one of the Five Pillars of Islam and is an obligatory donation given by Muslims who meet certain criteria, such as having a minimum amount of wealth.

The foundation's mission is to provide assistance and support to those in need, regardless of their race, gender, or religion. Their services include providing aid to the poor, orphans, widows, and refugees, as well as supporting education and healthcare initiatives.

Annual reports are important for non-profit organizations like the Zakat Foundation™ Saudi Arabia as they provide stakeholders, including donors, volunteers, and the public, with an overview of the organization's activities, achievements, and financial performance over the past year. These reports typically include a message from the organization's leadership, highlights of the year's programs and projects, financial statements, and other relevant information.

By publishing an annual report, the Zakat Foundation™ Saudi Arabia can demonstrate their transparency and accountability to their stakeholders, and show how their donations and resources are being used to make a positive impact in the community. Additionally, the report can serve as a tool for fundraising, as it provides potential donors with a clear understanding of the foundation's goals and impact.

Overall, the Zakat Foundation™ Saudi Arabia is a vital organization that plays a critical role in providing assistance and support to those in need. While I cannot provide a specific analysis of their 2005 annual report, I encourage those interested in learning more about their work and impact to explore their website or contact the organization directly for more information.