Zakat Foundation Morocco annual report 2012

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Zakat foundation™ Morocco is a nonprofit organization dedicated to alleviating poverty in Morocco through various charitable activities. The organization has recently released its annual report for the year 2012, which highlights its achievements and impact over the past year.

The report showcases the different programs and projects implemented by Zakat foundation™ Morocco in 2012, including the distribution of food packages, medical aid, education support, and orphan care. The organization has also undertaken several initiatives to support the livelihoods of vulnerable communities, such as the provision of small loans and the establishment of income-generating projects.

In terms of numbers, the report reveals that Zakat foundation™ Morocco has assisted more than 50,000 people across the country in 2012, including refugees, widows, orphans, and people with disabilities. The organization has also partnered with other local and international organizations to expand its reach and impact.

The annual report also highlights the transparency and accountability measures adopted by Zakat foundation™ Morocco, including the publication of financial statements and regular audits. The organization has received several awards and recognitions for its work in poverty alleviation and social development.

Overall, the Zakat foundation™ Morocco annual report 2012 provides a comprehensive overview of the organization's achievements, challenges, and future plans. It showcases the dedication and commitment of the staff and volunteers to improve the lives of those in need and contribute to the development of the Moroccan society.

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Zakat Foundation Morocco annual report 2012 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Morocco 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™ Morocco is a nonprofit organization that has been working to fight poverty and support vulnerable communities in Morocco since 2008. The organization operates on the principles of zakat, an Islamic obligation to donate a portion of one's wealth to those in need. Each year, the foundation releases an annual report that outlines its achievements, challenges, and goals for the future. In this article, we will take a closer look at the Zakat Foundation™ Morocco Annual Report 2012.

The Annual Report 2012 begins with an introduction from the organization's president, who emphasizes the importance of zakat in Islam and its potential to alleviate poverty and support marginalized communities. The report then provides a summary of the foundation's activities in 2012, which include zakat collection, distribution, and various projects that were implemented to benefit the poor and vulnerable in Morocco.

One of the key highlights of the report is the foundation's zakat collection and distribution efforts. In 2012, the organization collected over 24 million Moroccan Dirhams (equivalent to approximately 2.5 million USD) in zakat donations. These funds were then distributed to over 200,000 beneficiaries across the country, including orphans, widows, and disabled individuals. The report includes detailed information on how these funds were allocated, with a focus on transparency and accountability.

Another important aspect of the Zakat Foundation™ Morocco's work is its various projects aimed at supporting marginalized communities. The report highlights a number of these initiatives, including the construction of mosques and water wells in rural areas, the distribution of food and clothing during Ramadan, and the provision of educational materials and support to children in need. The foundation also partnered with other organizations to implement projects that provided vocational training and job opportunities to young people, empowering them to break the cycle of poverty and build a better future for themselves and their families.

The Annual Report 2012 also provides a detailed financial report, which includes a breakdown of the foundation's income and expenses for the year. This section of the report is particularly important, as it demonstrates the organization's commitment to transparency and accountability. The report highlights the fact that the foundation operates on a very low overhead cost, with only 2.15% of its total expenses going towards administration and fundraising. This means that the vast majority of the zakat donations go directly to those in need.

In addition to showcasing its achievements in 2012, the report also acknowledges the challenges that the Zakat Foundation™ Morocco faced during the year. One of the main challenges was the political and economic instability that affected the country during that period. This made it difficult for the foundation to carry out its work, as it had to navigate a complex and unpredictable environment. Despite these challenges, however, the foundation was able to continue its work and make a meaningful impact in the lives of many Moroccans.

Overall, the Zakat Foundation™ Morocco Annual Report 2012 provides a comprehensive overview of the organization's work and achievements during that year. It demonstrates the foundation's commitment to transparency, accountability, and making a positive impact on the lives of those in need. By collecting and distributing zakat donations, implementing various projects, and partnering with other organizations, the Zakat Foundation™ Morocco is making a meaningful difference in the fight against poverty in Morocco.