saudi arabia annual report 2003 Zakat Foundation

Zakat Foundation saudi arabia annual report 2003
Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

As a charity organization dedicated to providing aid and support to those in need, the Zakat Foundation™ Saudi Arabia has been making a significant impact on the lives of countless individuals and families across the region. The foundation's annual report for 2003 serves as a testament to the organization's ongoing commitment to its mission and highlights some of the key achievements and milestones that were reached during the year.

In 2003, the Zakat Foundation™ Saudi Arabia continued to focus on providing critical assistance to those who were most in need. This included providing food, shelter, medical care, and other essential resources to people who were affected by poverty, conflict, and natural disasters. The foundation's efforts were particularly focused on helping children, women, and vulnerable populations who were often overlooked by other aid organizations.

One of the most significant accomplishments of the Zakat Foundation™ Saudi Arabia in 2003 was its ability to reach a larger number of beneficiaries than ever before. Through a combination of effective outreach, partnerships with other organizations, and targeted initiatives, the foundation was able to provide assistance to tens of thousands of people in need throughout the year.

Another important milestone that was achieved by the foundation in 2003 was the expansion of its programs and services. The organization continued to invest in new projects and initiatives that were designed to address emerging needs and challenges in the community. This included the launch of new educational and vocational training programs, as well as efforts to improve access to healthcare and other critical services.

Overall, the Zakat Foundation™ Saudi Arabia's annual report for 2003 paints a picture of an organization that is committed to making a real and lasting impact on the lives of people in need. Through its ongoing efforts, the foundation has been able to provide hope and support to individuals and families across the region, and it remains an important source of aid and assistance for those who are most vulnerable.

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Zakat Foundation saudi arabia annual report 2003 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 is a non-profit organization that is dedicated to providing assistance to those in need in Saudi Arabia. The organization collects and distributes Zakat funds to individuals and families who are struggling financially, as well as to various charitable organizations throughout the country. The foundation aims to alleviate poverty and improve the living conditions of people in need.

The Zakat Foundation™ Saudi Arabia Annual Report for the year 2003 provides an overview of the organization's activities and achievements during that year. The report highlights the foundation's commitment to transparency, accountability, and effective management of Zakat funds.

The report begins with an introduction to the Zakat Foundation™ Saudi Arabia and its mission. The organization's primary objective is to collect and distribute Zakat funds in a transparent and efficient manner. The report explains that Zakat is an obligatory payment that Muslims are required to make based on their income and wealth. The funds are then distributed to those in need, including the poor, orphans, widows, and the elderly.

The report goes on to detail the foundation's activities in 2003. During that year, the organization distributed over SAR 600 million to more than 300,000 families throughout the country. The funds were used to provide food, shelter, healthcare, and education to those in need. In addition to its Zakat distribution activities, the foundation also implemented several development projects in underprivileged areas, including the construction of schools, mosques, and health clinics.

The report also includes a financial summary of the foundation's activities in 2003. It provides a breakdown of the organization's income and expenses, as well as its assets and liabilities. The report emphasizes the foundation's commitment to financial transparency, and it provides a detailed analysis of the Zakat funds collected and distributed during the year.

Another important section of the report is dedicated to the foundation's governance and management. The report outlines the organization's governance structure, which includes a Board of Trustees, an Executive Committee, and several specialized committees. The report also provides information about the foundation's staff and their qualifications and experience.

The report concludes with a summary of the foundation's achievements in 2003 and its plans for the future. The organization's successes in 2003 included the distribution of Zakat funds to thousands of families in need and the completion of several development projects in underprivileged areas. Looking forward, the foundation plans to continue its Zakat distribution activities and expand its development projects to reach more communities throughout the country.

In conclusion, the Zakat Foundation™ Saudi Arabia Annual Report for the year 2003 provides a comprehensive overview of the organization's activities and achievements. The report highlights the foundation's commitment to transparency, accountability, and effective management of Zakat funds. It also provides a detailed analysis of the foundation's financial activities and governance structure. The report is a valuable resource for anyone interested in learning more about the foundation's work and its impact on the lives of those in need in Saudi Arabia.